Two years ago, we talked with Lior Susan, the founder of now six-year-old Eclipse Ventures in Palo Alto, Ca. At the time, the outfit believed that the next big thing wasn’t another social network but instead the remaking of old-line industries through full tech stacks — including hardware, software and data — capable of bring…
Nearly a year after its last layoff, online coding bootcamp Lambda School just announced more cuts amid a broader structuring. In a blog post, CEO and founder Austen Allred said that the startup, which raised a $74 million Series C in August, is laying off 65 employees. The roles that were cut span senior product,…
Live audio experiences will be adopted by every major platform just like Stories have been, Spotify CEO Daniel Ek told investors on Wednesday’s earnings call. The streaming service recently acquired a live audio app, Locker Room, whose technology it expects to use to power a range of new live audio conversations centered around sports, culture…
Robotics roundup: Computer vision funding, a smart knee brace and I, Groot Brian Heater @bheater / 7 hours Some fun ones this week, so let’s get all of those pesky business transactions out of the way first, shall we? I mean, not that tens of millions of dollars changing hands for future robotics technology is…
French startup Taster has raised a $37 million Series B funding round from Octopus Venture, Battery Ventures, LocalGlobe, HeartCore, Rakuten, GFC and Founders Future. The company operates dozens of restaurants that only exist on food delivery platforms. You can’t book a table as there is no table. Taster has been focusing on five street food-inspired…
Companies and the reporters who cover them routinely find themselves at odds, particularly when the stories being chased are unflattering or bring unwanted attention to a business’s dealings, or, in the company’s estimation, simply inaccurate. Many companies fight back, which is why crisis communications is a very big and lucrative business. Still, how a company…
So far, I haven’t met a single one of my investors in person Max Greenwald Contributor Max Greenwald is the co-founder and CEO of Warmly, an app that pulls context on everyone you meet via Zoom or other video calling platforms. More posts by this contributor Protect Your Privacy & Security on the Internet With…
Revel started out in 2018 with shared, dockless e-mopeds in Brooklyn, which later expanded to Queens, Manhattan, the Bronx and a handful of other U.S. cities. This year, the company launched a monthly e-bike subscription in New York City and announced plans to build an electric vehicle charging hub in Bed-Stuy. Now, Revel is introducing…
Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and partners include the likes of I&M Bank, Interswitch and MTN. The company offers a range of services, from digital banking and payment services to financial services APIs…
Founders Circle Capital, a nine-year-old, San Francisco-based investment firm that strikes agreements with private, venture-backed companies to buy some of the vested stock options of their founders and employees — so they can buy a house or just breathe a bit more easily — has closed its newest fund with $355 million in capital commitments,…
