The clock is ticking on Verizon’s plans to bring 5G to 30 cities. Short of an actual Christmas miracle, things are looking rough. On the upside, the carrier (and, disclosure, parent of TechCrunch) just brought the next-gen technology to a nineteenth city. And it’s a doozy. Verizon announced this morning that it has flipped the…
Carbonite’s co-founder offers an insider look at how the PC backup company built its brand David Friend is the CEO of cloud storage company Wasabi, and co-founder of cyber security company Carbonite, recently bought for $1.4 billion. Wasabi is his sixth startup. More posts by this contributor The herd sours on unprofitable unicorns again Most…
Carbonite’s co-founder offers an insider look at how the PC backup company built its brand David Friend is the CEO of cloud storage company Wasabi, and co-founder of cyber security company Carbonite, recently bought for $1.4 billion. Wasabi is his sixth startup. Most tech companies — particularly B2B companies — either don’t understand the power…
Gecko Robotics has landed $40 million in financing as it looks to build an additional 40 robots over the next year to meet what the company sees as growing demand for its safety and infrastructure monitoring services. “We are growing fast solving a critical infrastructure problems that affect our lives, and can even save lives,”…
Licious, a Bangalore-based startup that sells fresh meat and seafood online, has secured $30 million in a new financing round as it looks to expand its footprint in the nation. The new financing round, dubbed Series E, for the four-year-old startup was led by Singapore-based Vertex Growth Fund, it said Monday. Existing investors 3one4 Capital,…
Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato, as the American ride-hailing giant looks to cut its spending, three people familiar with the matter told TechCrunch. The deal values UberEats’ India business at around $400 million, one of the sources said. As part…
The final installment of the sequel trilogy is getting a lot of creative promotion — even by Star Wars standards. With The Rise of Skywalker out in just under a week, J.J. Abrams (and some spotty server issues) paid a visit to Fortnite. The director showed off an exclusive clip from the upcoming film featuring…
Recently released documents revealed the FBI has for years secretly demanded vast amounts of Americans’ consumer and financial information from the largest U.S. credit agencies. The FBI regularly uses these legal powers — known as national security letters — to compel credit giants to turn over non-content information, such as records of purchases and locations,…
Yesterday, Adobe submitted its quarterly earnings report — and the results were quite good. The company generated a tad under $3 billion for the quarter, at $2.99 billion, and reported that revenue exceeded $11 billion for FY 2019, its highest-ever mark. “Fiscal 2019 was a phenomenal year for Adobe as we exceeded $11 billion in…
Bluespace.ai, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding led by Fusion Fund. Other investors include YouTube co-founder Steve Chen; UMC, the Taiwanese semiconductor foundry; Kakao Ventures; GDP Ventures; Atinum; Wasabi Ventures; Blue Ivy Ventures; Plug n Play; and SLV Capital. The startup…
