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What Does A Downturn Mean For Tech Regulation?
All it takes is a quick look at the market to see that we are in for a bumpy ride — and a longer-term downturn may be imminent. Tech is not immune to that, which means we’ll see a hit to valuations, VC funding and fundraising. Lots of experts have talked about what that might mean for activity in the tech sector broadly. But what does it mean for the intersection of regulation… Read More Luxe Could Be Getting $50M From Hertz At $110M Pre-Money Valuation
Luxe is in talks with a strategic investor that will infuse the company with “tens of millions” in new financing from Hertz, our sources tell us. One source tells us that the round could be around $50 million at a pre-money valuation above $110 million. This source also suggested that existing investors may participate in this round. Our understanding is that the round is… Read MoreSocial Media Marketing Company Clickable Acquires Talkwheel
Talkwheel, a company that offers a unique way to visualize customer conversations, has been acquired by Clickable. I last wrote about Talkwheel in 2014. The company aggregates the online conversation around a given company or topic in a circular format — it’s supposed to help you follow these often complicated and dispersed conversations. The format can then be embedded on a… Read MoreZenefits Is Laying Off Roughly 250 Employees
Zenefits is laying off around 17 percent of its employees, or 250 people, with the layoffs largely concentrated in the company’s sales division, according to an email sent to the company by CEO David Sacks. “When I became CEO of Zenefits, I promised on Day 1 to reset our culture, refocus our strategy on serving small businesses, and create a new beginning for success in the… Read More- CRUNCH NETWORK
Lessons In Moving Your Startup Overseas To Silicon Valley
As a CEO and immigrant worker (take that, Trump!), I always get asked about moving my company to Silicon Valley. I usually answer that I believe you can build a world-changing organization anywhere, but the job is always easier at your industry’s center of gravity. For fashion, it’s Paris; for finance, it’s London; for tech, it’s Silicon Valley. Read More Where Are They Now? Startup Battlefield Company BioBots
When we last saw BioBots, company CEO Danny Cabrera took to the Disrupt stage to pitch his 3D printer for living cells to our panel of judges in the Startup Battlefield at Disrupt NY 2015. Cabrera showed off his company’s debut 3D bioprinter, and actually printed out a living 3D model of Vincent Van Gogh’s ear. Read MoreZumper Acquires PadMapper And Relaunches It With An Updated Interface
Zumper, the Kleiner-backed apartment rental platform that launched at TechCrunch Disrupt SF 2012, has acquired PadMapper, the popular map-centric apartment rentals site that was once embroiled in a prolonged legal fight with Craigslist. Read MoreCREXi Brings Commercial Real Estate Dealmaking Online
It’s a familiar pitch — taking an industry that relies on outdated technology and rethinking it with modern, web-based tools. The industry in this case is commercial real estate, and the startup trying to rethink the process is CREXi, whose name stands for commercial real estate exchange. To be clear, it’s far from the only online marketplace for these kinds of properties… Read MoreWho Lives And Dies In A Down Economy
The Bay Area is well-acquainted with boom and bust cycles, and while it’s too soon to declare that the tech economy has turned, recruiters see early indicators that it’s happening. Indeed, a handful of job placement executives confirms what recent headlines about layoffs already imply: The market is softening for numerous sectors of the startup world, as well as at publicly… Read More
This Is Your Last Chance To Apply To The TC Pitch-Off In Brooklyn
The Brooklyn Meetup is creeping up on us much faster than expected, which means that there is a very short amount of time before the window closes for applications. And by “short amount of time,” I mean one day. The TC Meetup + Pitch-off in Brooklyn is going down on March 1, at which point ten companies will have the chance to pitch their product to the audience and a panel of… Read MoreAtlanta, This Is Your Last Chance To Buy Tickets To The Meetup Tonight
Dear Hotlanta (which happens to be freezing right now), I write to you from a hotel room off of the highway, with but a few short hours until I head over to Prive to host the TC Meetup + Pitch-off. I am excited to see many of your smiling faces again, but I write with concern, as there are still tickets left to be bought. Atlanta, you are one of the longest-running meetups in TechCrunch history. Read MoreOvernight, The App For Booking Last-Minute Spaces With Local Hosts, Closes $2.5M Seed Round
The hospitality industry has been drastically shaken up by entrants to the space like Airbnb and Hotel Tonight. But a new startup that combines the sharing aspect of Airbnb and the last-minute booking of Hotel Tonight is looking to shake things up even more. Overnight, an app that lets people book same-day spaces with local hosts, has today announced the close of a $2.5 million seed round, led… Read MoreNumber26 Now Uses TransferWise For International Transfers
Number26 is trying to reinvent your bank account. One by one, the company is looking at the traditional bank features and using more modern options to recreate a complete bank. Now, you can make international transfers in foreign currencies directly from the app. And the best part is that Number26 is using TransferWise to make you pay less fess. Read MoreJide’s Slick Remix OS Tweaks Android For PC-Style Productivity
A startup comprised of a trio of ex-Google engineers is doing something Google has roundly failed to do: make Android compelling on larger screen devices like tablets and even PCs. Read MoreIndian Online Travel Company Ibibo Lands $250M From Naspers
Ibibo Group, which claims to be India’s largest online travel group, has raised $250 million in new funding from majority stakeholder Naspers Group. In an announcement, Ibibo Group said the new funding will be spent on its hotels vertical and technology. The company recently launched a new platform called GoStays that helps travelers on a budget find low-priced accommodations. Hotel… Read More- CRUNCH NETWORK
The Benefits Of Digital Drawing
According to a 2015 study of more than 4,000 designers conducted by Subtraction.com and Adobe’s Khoi Vinh, 64 percent of designers still prefer pencil and paper to begin the creative brainstorm process. Paper is virtually always accessible and offers simplicity. Plus, pen on paper has been the traditional medium budding artists are taught from the beginning, making it easy to generate… Read More Drawbridge Is Building A Business Beyond Ad Targeting
Drawbridge isn’t just an ad-tech company anymore. We’ve written about how the company, which is backed by Kleiner Perkins Caufield & Byers and Sequoia Capital, has built technology to determine when the same person is using multiple devices — so data from one device can be used (in an anonymized way) to target ads another. However, CEO Kamakshi Sivaramakrishnan said that… Read MoreForge Looks To Make It Easy To Save Short Clips In Gaming Sessions
Jared Kim might not be the best gamer — but he still wants to be able to share highlights from his sessions, and save them to remember them in the future. So much so that he decided to take a second crack at the premise with Forge, a new service entering beta today that helps gamers find short clips of the action and share them on different networks. Read MoreCaptain401, A Service For Spinning Up And Managing 401(k) Plans, Raises $3.5M
At Roger Lee’s last startup, he wanted to set up a 401(k) plan for his employees. He soon realized how frustrating and outdated the process was; it required stacks of paperwork and even faxing documents. That’s what prompted him to start Captain401, a service built for quickly spinning up 401(k) plans for small- to medium-sized businesses that aims to be less complicated. The… Read MoreApply Now For TechCrunch Include Office Hours With General Catalyst
The next round of TechCrunch Include Office Hours are here! On March 8th, Niko Bonatsos, Deepak Jeevan Kumar, Armaan Ali, Steve Herrod, and Prateek Alsi of General Catalyst will join TechCrunch editors to provide advice and feedback to startups. Launched in 2014, Include is TechCrunch’s diversity program, aimed at facilitating opportunities for underrepresented groups in tech to take… Read More
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