OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion. Tiger Global led the six year-old startup’s $207 million Series F round, and SoftBank and Alpha Wave participated in it, OfBusiness said. The new investment comes just two months…
Incident.io has raised a $4.7 million funding round led by Index Ventures and Point Nine. When your company is facing an outage or a data breach, Incident.io provides the right framework to communicate about the issue — both internally and externally — and make sure it is resolved as quickly as possible. In addition to…
After a decade of a handful of dominant social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing — in a few different directions at once. Content creators (arguably either a special echelon of influencers or anyone who…
Google today introduced new ways to shop through its platform, including both online and via its Google Search mobile app. In an update coming soon to the Google Search app for iPhone, the company will begin to leverage a new machine learning model using on-device processing to recognize the products found in images on a…
Energize Ventures, an early and growth-stage venture fund, has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility, cybersecurity, battery storage, critical infrastructure and climate resiliency. The fund, which is worth exactly double what Energize…
Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger…
Peter Relan is not exactly a household name, but he has seen a lot over the course of his career and enjoyed a fair amount of success. A Stanford grad who logged time at Hewlett-Packard and Oracle before becoming the CTO of the ill-fated, bubble-era company Webvan, Relan has, in more recent years, become known…
Amazon held an event this morning, and wow-oh-wow did they announce a lot. Smart thermostats! Flying security cameras! Robot companions! Didn’t tune in or have time to catch it all? Here’s a recap of the biggest news: Smart Thermostat Image Credits: Amazon Amazon is building a thermostat, partnering with Honeywell to get it done. It’ll…
As the pandemic continues to unevenly play out, the backdrop of our days has never felt more stagnant. While tech workers may turn to virtual HQs or Twitter Spaces for spontaneous chats, high schoolers are searching for casual places online to riff and study with friends. And Fiveable, a Milwaukee-based startup, fits the growing demand. Fiveable…
German startup Dance has raised $19.4 million in new funding (€16.5 million). The news comes just weeks after the company started rolling out its e-bike subscription service in Berlin. Eurazeo is leading today’s funding round. HV Capital and BlueYard are also investing, as well as Dave Morin and James Higa from Offline Ventures, Nicolas Berggruen,…
