Postman, a five-year-old startup that is attempting to simply development, tests, and management of APIs through its platform, has raised $50 million in a new round to scale its business. The Series B for the startup, that began its journey in India, was led by CRV and included participation from existing investor Nexus Venture Partners.…
San Francisco is getting closer to banning the sale of e-cigarettes in the city in a bid to prevent minors from accessing them—but the new legislation may also hurt adult smokers who are trying to quit. The city’s Board of Supervisors today voted unanimously to approve two proposals: legislation that would ban the sale or delivery…
Slack, the popular workplace messaging company, is expected to list on the New York Stock Exchange on Thursday in the second major direct listing in the U.S. after Spotify introduced the concept to investors in April of last year. At this point, plenty of industry observers think it makes sound sense for Slack to embrace…
When a company hires talent away from a competitor, onboarding the new employee can pose significant legal risks for both the company and the new employee. A fundamental aspect of Silicon Valley is that employees are generally free to move between competitors. This unrestricted movement of talent facilitates the robust competition that helps drive the…
A number of incumbent backs are known to be developing new digital-first products in a bid to keep the new wave of challenger banks at bay and now it appears that the latest to make that move is J.P. Morgan. According to sources, the investment bank has begun recruiting for a secretive skunkworks project within…
Following in the footsteps of AT&T and Verizon*, Sprint is now offering an LTE tracker. The matchbook-sized device, simply called Tracker, provides real-time location tracking on Safe + Found app. Sprint’s new Tracker The Tracker competes with Tile, but instead of Bluetooth, Sprint’s device uses 4G LTE, GPS and Wi-Fi location services, so it can…
Valo Ventures, a new firm focused on social, economic and environmental megatrends, has closed on $175 million for its debut venture capital fund. The effort is led by Scott Tierney, a co-founder of Alphabet’s growth investing unit CapitalG, as well as Mona ElNaggar, a former managing director of TIFF Investment Management and Julia Brady, who…
Cleo, the London-based “digital assistant” that wants to replace your banking apps, has quietly taken venture debt from U.S.-based Triplepoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand from sources that the figure is somewhere in the region of mid-“single digit” millions and will bridge the gap before a larger…
Menlo Park-based Hatch Baby has prided itself on introducing “smart” nursery devices — including Grow, a changing pad with a built-in scale and Rest, a device doubling as a sound machine and night light. Now, the company is introducing an updated version of Rest with Rest+ as part of an effort to help further establish…
A month after being placed on a trade blacklist by the Trump administration, Huawei is reportedly steadying itself for international shipments of its smartphones to decline by 40% to 60%. According to a report in Bloomberg, Huawei may end up pulling shipments of the Honor 20, its flagship phone for overseas markets, if sales are…
