Ousted Founder Gurbaksh Chahal Raises His Offer To Acquire RadiumOne
Founder Gurbaksh Chahal isn’t giving up on his efforts to acquire RadiumOne, the ad-tech company that fired him last year. Back in April, Chahal was ousted from his role as CEO after he pled guilty to misdemeanor charges of battery and domestic violence battery, leading to intense criticism of the company. RadiumOne and Chahal later issued a public statement saying that they had… Read MoreDating Service Zoosk Lays Off 15% Of Staff, Company Confirms
Dating service Zoosk has laid off 15 percent of its employees this week, sources told TechCrunch, and the company now confirms. According to a spokesperson, the move was made as part of a larger effort to lower expenses in many areas. News of the layoffs follows the exit of Zoosk’s founders from their leadership roles last month, and confirmation that the company was indefinitely… Read MoreDudr Gamifies Group Photo Sharing
While smartphone users continue to be obsessed with snapping photos of everything around them/every angle of their person, developers will continue to come up with new ways to share those photos. And so the photo sharing apps keep on coming. Read MoreTandem Raises $100M Third Fund To Back More Mobile Startups
Mobile startup accelerator Tandem is announcing that it has closed a third fund totaling $100 million — a big step up from its second, $33 million fund. Tandem has previously backed startups like Bash Gaming (acquired by GSN), lost-item tracker Tile, and PlayHaven (now known as Upsight). It invests $200,000 initially and also brings startups to its Burlingame, Calif. offices for a… Read MoreClasspass Is In Session With $40 Million In Series B
Classpass, the NY-based company that offers unlimited fitness classes at 2,000 different studios and boutique gyms for $99/month, has closed a $40 million Series B led by General Catalyst and Thrive Capital, with participation from angels and previous investors. The startup, which raised $12 million in Series A just over three months ago, has grown from seven markets to 20 markets in as… Read MoreSkydio Makes Drones Smart So Pilots Can Be Dumb With $3M From Andreessen
“In five years, the notion of a drone crashing will be a weird, foreign thing” says Adam Bry, co-founder of drone auto-pilot startup Skydio and founding member of Google’s Project Wing drone delivery project. Skydio connects a drone’s cameras to its flight computer so it can avoid obstacles and maneuver on its own without GPS. Today Skydio announced it’s raised… Read MoreSense360 Picks Up $2.75 Million Seed Led By FirstMark Capital
Sense360 is still in a quiet beta period, but the company has just picked up $2.75 million in seed funding from FirstMark Capital, with participation by Founder Collective, Qualcomm Ventures, Metamorphic Ventures, Double M Capital, Telenav, David Tisch, and more. Sense360 is looking to leverage the power of smartphone sensors for developers. Here’s the exact explanation from the… Read MoreKiko Labs Debuts A Series Of “Brain-Training” Games For Kids
A new company called Kiko Labs is today releasing a series of “brain-training” games for children. Think, perhaps: a Lumosity for the preschool-plus set. Like others claiming to promote cognitive skill development through gameplay, Kiko Labs’ games were developed in partnership with a scientific advisory board, who advised the company on how to best translate dozens of… Read MoreTimeline Launches News App To Give You The Context Behind The Day’s Headlines
One big complaint about current news coverage is that there’s not enough context — an article or TV report might tell you what happened today, but it gives you no understanding about the history that led up to today’s news. Now a startup called Timeline is aiming to change that. When you open the Timeline app, it might look at first like just another news aggregator. Read MoreUnderground Cellar Is A Wine-Buying Site That Rewards You With “Better” Bottles For Free
While the Internet is not lacking in places to buy wines online, a new Y Combinator-backed startup called Underground Cellar has come up with an interesting new concept for wine sales, where its customers are able purchase package deals that include random, free upgrades to premium, rare, and private-stash bottles from a number of wineries. These wines can then be shipped immediately to… Read MoreSulon’s Cortex Developer Hardware Impresses With A Blend Of AR And VR
The virtual reality space is pretty much Oculus Rift, and then everyone else. Even Sony’s Morpheus VR project was conspicuously absent from CES 2015, but one startup stood up and made sure that there was more to VR at the event than just the excellent Crescent Bay demo: Sulon Technologies were showing off an early prototype of their Sulon Cortex, a headset that merges augmented reality… Read More
Monday, January 19, 2015
Techcrunch= Startups
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