Musical.ly launches $50 million ‘creator fund’ to build out its community

In November, the popular lip-syncing app Musical.ly announced its acquisition by Chinese social media giant Toutiao, owned by Bytedance, in a deal sources said was valued at $800 million to $1 billion. Today, the acquisition has completed, with Musical.ly officially joining Bytedance, the companies said. In addition, Musical.ly announced the

DigitalGenius raises $14.75 million Series A for AI-based customer service solution

When DigitalGenius participated in the TechCrunch Disrupt Battlefield competition in New York City in 2015, there weren’t a lot of companies working on AI and machine learning. Today, it’s become much more commonplace, and the company announced a $14.75 million Series A. Global Founders Capital led the round. MMC Ventures,

The startup that facilitates deliveries for HelloFresh in SF and LA raises $4.3 million

AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sun Basket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. AxleHire, which started back in 2015, is doing more than 150,000 shipments per month and bringing in $750,000 in monthly