HopSkipDrive, The Ridesharing Startup For Kids, Grabs $10.2M In Series A Funding
HopSkipDrive, The LA-based “Uber for Kids”, has closed a $10.2M Series A round led by FirstMark Capital, with participation from new investors Greycroft Partners and Pritzker Group Venture Capital. The company also announced that it has hired Eyal Gutentag as COO, who previously was general manager of Uber’s Los Angeles operations. As a refresher, HopSkipDrive lets… Read MoreConsumer Data Startup Eyeota Lands $7M Series A For International Growth
Eyeota, an ad-targeting and consumer data startup based in Singapore, will grow its technology platform and international offices after raising a $7 million Series A. Investors include Global Brain Corporation, Infinity e.Ventures, and Project A Ventures. Read MoreSony Builds Its Internet Of Things Business By Acquiring Altair Semiconductor
Sony Corporation announced today that it will acquire Altair Semiconductor for $212 million. Founded in 2005 by three former Texas Instrument executives, Israel-based Altair makes chips that connect devices to LTE and its technology will help develop Sony’s Internet of Things business. Read MoreCedexis Raises $22M Series B Round For Its Internet Traffic Monitoring And Routing Platform
Cedexis helps large enterprises monitor and optimize how their traffic flows from their servers, CDNs and cloud providers to their customers. The company today announced that it has raised a $22 million Series B round led by Ginko Ventures with participation from Foxconn, Nokia Growth Partners, Citrix Systems Ventures and its Series A investors Madrona Ventures and Advanced Technology Ventures. Read MoreWatch Microsoft Venture’s London Accelerator Right Here
TechCrunch is pleased to host the live video stream of the Microsoft Ventures London Accelerator demo day. Watch the presentations right here starting at 3:30p GMT on January 27th. The event is private so this live stream is the only way for the general public to watch the event. Ten companies will take the stage and present their company to a group of investors. Read More“Fast Fashion” Jewelry Biz BaubleBar Grabs Another $20 Million
E-commerce shop BaubleBar, known for its “fast fashion” take on women’s jewelry, has closed on $20 million in new funding, the company announced today. The Series C round was led by prior investors, Accel Partners, Greycroft Partners, Burch Creative Capital and Aspect Ventures, but also includes new investors who will bring expertise in international expansions and… Read MoreLydia Becomes A Serious Alternative To Cash To Pay Back Your Friends In France
French startup Lydia has come a long way. When I first covered it two years ago, it wanted to become a sort of Venmo for France. Now, Lydia tries to cover a wide array of use cases when it comes to sending or requesting money. Today’s update goes one step further. Read MoreApply Now For Disrupt NY 2016 Startup Battlefield
Applications are now open for the Startup Battlefield at Disrupt NY! That’s right, TechCrunch’s premier startup competition is headed back to the Big Apple. We’re looking for the best up-and-coming companies to launch on the most visible stage in tech and compete for a cash prize of $50,000 and the illustrious Disrupt Cup. Read MoreBitfinder’s $199 Smart Air Monitor Knows That Looks Matter
It’s not often that I think long and hard about the air in my apartment. It’s air. But then again, I wouldn’t drink murky water, so why is it that I don’t remember to care about what goes in my lungs? The Awair, a smart air monitor from BitFinder, is looking to bring the flair back to air. How It Works There are toxins in the air from chemical-based cleaners, plus dust… Read More
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Early Stage Investing For Entrepreneurs And Individual Investors Just Got A Whole Lot More Attractive
On Friday, December 18, Congress passed the PATH Act (Protecting Americans from Tax Hikes), a sweeping $1 trillion bill which, as part of an 887-page omnibus, would prove challenging for even the most astute of human beings to absorb, let alone many of those in Washington. Nevertheless, page 813, Section 126, makes reference to a feature that’s now become a permanent part of the tax… Read More - CRUNCH NETWORK
Did Egypt’s Uprising In Tahrir Square Launch A Startup Revolution?
In the five years since thousands of Egyptians filled Cairo’s Tahrir Square, startups in Egypt have multiplied as have the number of funds and startup accelerators. At this past Riseup, an annual Egyptian startup event, over 4,000 men and women from across the country came together in downtown Cairo, just a few short blocks from Tahrir Square, for workshops and two days of panels on… Read More Nigeria-based Online Entertainment Platform iROKO Will Finance “Nollywood” Films After Raising $19M
iROKO, an online entertainment platform that targets audiences in Sub-Saharan African countries, plans to strike more deals in Nigeria’s booming movie industry after securing $19 million in funding from French premium cable company Canal+ and Kinnevik, a returning investor. Read MoreDataXu Gets $10M From Sky As Pay TV Giant Buys Into Programmatic Ad Tech
DataXu, a Boston-based startup that provides analytics and other tools for programmatic ads, has picked up another round of funding. Sky, the UK-based pay-TV provider part-owned by 21st Century Fox, has made a $10 million investment in the company. Considering DataXu (pronounced “data zoo”) is reportedly valued at $1 billion-plus, it’s not a massive stake but it is a… Read MoreAircall Grabs $2.75 Million For Its Powerful Phone Customer Support Service For Teams
French startup Aircall just raised a $2.75 million round led by Balderton Capital, with FundersClub and business angels also participating. As a reminder, Aircall was part of our Battlefield competition at Disrupt SF 2015, started at eFounders and attended 500 Startups’ acceleration program. It plans to reinvent how phone customer support works. Read More- CRUNCH NETWORK
Guy Kawasaki On Startups, Entrepreneurship And The State Of Social Media
One of Guy Kawasaki’s recurring pieces of advice to entrepreneurs is to create a mantra, not a mission statement. A mantra is three or four words that captures the essence of your organization e.g. Wendy’s: healthy fast food or FedEx: peace of mind. Guy even created a helpful mantra that sums up his career as the chief evangelist at Apple, now chief evangelist at Canva, a… Read More - CRUNCH NETWORK
How I Raised A $1 Million Seed Round When I Was 9 Months Pregnant
The last time I needed a doctor’s note was in elementary school. That was, until last September — I needed a note from my OBGYN proving I was only 31-and-a-half weeks pregnant so I could board a plane to San Francisco with fair odds I wouldn’t give birth to a mile-high baby. I was in the middle of raising a $1 million seed round for my startup, Honey. I was excited about… Read More iAllocate Is A Robot That Helps You Invest Your Cash
Robots are everywhere. They help lawyers make decisions, they sweep up after our parties, and now they can help you figure out how to invest your money. In fact, an Atlanta-based company called iAllocate is using artificial intelligence to suggest where you should be stashing your millions. “Currently, iAllocate.me provides investors of all levels a DIY set of tools to not only… Read More- CRUNCH NETWORK
Get Small To Get Big Through Microservices
If we trace a path that starts with Gutenberg’s use of moveable type to Malcom McLean’s invention of the shipping container, we start to recognize a very interesting pattern: Each new layer of abstraction and standardization creates tremendous value out of the resulting increases in scale and efficiency. Today’s digital innovators can trace a similar historical path that… Read More LendUp Scores $150M For A Credit Card That Won’t Screw You Over
Banks are so greedy that LendUp can undercut them, help people avoid debt, and still make a profit on its payday loans and credit card. Not only is software eating finance, but morality is too. LendUp’s slogan is “Ladders Not Chutes”. Building a business that doesn’t try to exploit everyone has not only brought it years of double-digit monthly growth. LendUp has now… Read MoreGravit Lets You Illustrate In Your Abode Or On The Road
There have been plenty of tools around that replace powerful photo editors but very few that replace tools like Illustrator. Sure you can fake it but what if you want truly unique designs like the one above? Pretty tough. Gravit is a design tool that resides deep within the cloud and lets you create documents, advertisements, and illustrations within your browser. Created by Alexander Adam… Read More
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