Lily Flying Camera Closes $14M In Funding, Delays Shipping Until Summer 2016
Lily, a drone that is meant to satisfy all your selfie needs, has today announced the close of a $14 million Series A round of funding, with investors including Spark Capital, SV Angel, Stanford-StartX Fund, Steve Aoki and Joe Montana. That said, the company also announced it would be postponing its ship date until Summer 2016. Lily originally put their flying camera up for pre-sale (via… Read MorePromoAffiliates Is A Startup That Distributes Promo Codes For Other Startups
Getting users to sign up for your startup is really hard. That’s why young companies often create promo codes to entice users to recruit friends in return for free cash or credits. While we’ve all heard stories of that one person racking up thousands of dollars in referral credits for startups like Uber and Lyft, there haven’t been many businesses focused on… Read MoreRivigo, An Indian Logistics Startup That Uses Tech To Ensure Driver Safety, Raises $30M Series B
Rivigo, an Indian startup that wants to build a more reliable and safer logistics network, has raised a $30 million Series B led by SAIF Partners. The funding, which includes equity and debt financing, will go toward improving Rivigo’s proprietary hardware platform, which it uses to reduce driver fatigue, find the best traffic routes, and monitor the performance of its trucks. Read MoreGillette Sues Dollar Shave Club For Alleged Patent Infringement
Gillette announced today that it has filed suit against Dollar Shave Club, seeking both damages and an injunction to stop the startup from selling razors that use allegedly infringing technology. According to the Wall Street Journal, the Gillette patent in question concerns a method for coating razorblades. “We have long invested heavily in innovation, and our talented scientists… Read MoreNumber26 Launches Maestro Card With Contactless Payment
German startup Number26 just launched a new product. As the company is trying to reinvent your banking experience, this isn’t your average product. Number26 is launching a Maestro Card in addition to its MasterCard. All users can get both cards for free. Read MoreColopl Launches $50M Global Fund Dedicated To Virtual Reality
There’s no shortage of ideas and projects in the virtual reality space. There are tons of studios popping up all over the world to create immersive content for the platform. With the Oculus, HTC and Sony offerings coming next year, now’s a better time than any to dabble in the space. If only there was money to be raised. Welp, Colopl, a company deeply rooted in mobile gaming… Read MoreDoorDash Partners With b8ta For On-Demand Tech Gadget Delivery
DoorDash, known for its on-demand food delivery service, has partnered with newly-launched retail store b8ta. b8ta, founded by four former Nest alums, opened earlier this month in Palo Alto to sell trendy tech gadgets and offer hands-on experiences with those products to customers before they buy them. b8ta sells gadgets like the Gi Flybike, a folding electric bicycle, and Thync, a wearable… Read MorePinterest Launches A New Way To Track Price Drops On Buyable Pins
Pinterest has a new way to entice users to come back and buy things: keeping tabs on the price. That comes in the form today of a new tool that helps Pinterest users monitor price drops on products they’ve pinned. When users save pins, they’ll get a heads up when a price drops in the form of an in-app notification and an email. They can then jump straight to that pin and make… Read MoreFormer Ad Tech CEO Rob Leathern Is Building A Subscription Service For Avoiding Ads
Rob Leathern is hoping to help publishers embrace ad blocking, and he’s doing it under a familiar name — Optimal.com, which was previously the social ad company where Leathern was founder and CEO. Brand Networks acquired Optimal (okay, so not exactly the same name, but really, really close) in 2013. Leathern left six months later, though he stayed on the Brand Networks board… Read More
Build Or Buy? Anatomy Of An Acquisition — Or Why Buffer Just Bought Respondly
Radically transparent social media scheduling firm Buffer, which does stuff like publish its staff salaries and publicly detail its company revenue, has announced its first major acquisition — buying social media customer support tool Respondly for — wait for it — an undisclosed amount… Read MoreSocial Ad Startup Funnely Raises Seed Funding From Verizon Ventures
Funnely, a startup that helps e-commerce companies automate and improve their ad campaigns on Facebook and Instagram, has raised $988,000 in a seed round led by Verizon Ventures. The product uses businesses’ customer data to create and target ads. The goal is to effectively reach consumers throughout the sales funnel, whether it’s first getting their attention through lead… Read MoreFirst Round’s Holiday Video Will Have You Reaching For Your Cell Phone
In the tech world it’s just not the holidays until First Round Capital drops its annual holiday video. It’s that time again, folks. The annual festivities started way back in 2008, the year of our blog. Then it happened again and again. If you’d like to sing along, you’ll find the lyrics below the video. They are most certainly…special. I won’t ruin anything… Read MoreOnline Publisher Purch Acquires ShopSavvy
Purch just announced that it has acquired ShopSavvy, the mobile shopping startup backed by Facebook co-founder Eduardo Saverin. Purch was formerly known as TechMediaNetwork and operates sites including Tom’s Guide and AnandTech. The company recently raised a $135 million funding round, and has been actively buying up companies — this is its fourth acquisition in the past… Read MoreService, The Customer Service Startup, Launches Its iOS App
Service, the LA-based customer service startup that recently closed a $3.1M seed round, just launched its iOS app. As a refresher, Service acts as an intermediary between disappointed customers and businesses. For example, instead of a customer having to fill out a generic complaint form for an airline or retailer they contact Service, who have dedicated support staff to contact the company… Read MoreSongkick Raises Another $10M From WMG Owner Access Industries
Songkick, the concert discovery app and ticketing company (after it merged with white-label artist-to-fan ticket seller CrowdSurge), has raised a further $10 million in funding from previous backer Access Industries, owner of WMG. It follows a $16 million Series C from Access, Sequoia, and Index, announced in June. Read MoreMolotov Signs Deals With LG And Samsung To Come To Your Smart TV
French startup Molotov wants to revolutionize your TV experience and it has partnered with most French networks. But software and content are nothing without a good distribution plan. Read MoreSong Lyrics App Musixmatch Hacks Its Way To 50M Downloads/30M MAUs, Adds Spotify Support
I tend to shy away from trumpeting a startup’s metrics on their behalf or covering incremental app updates, but it has been a while since I heard from Musixmatch. The company originally pitched itself as an ‘IMDB for song lyrics’ and differentiates from a number of competing lyrics sites by being fully licensed and having the blessing of music publishers. Read MoreIndie Media Startup The News Lens Wants To Be A Balanced Voice Of Reason For Asia
Since launching two years ago, Taiwan-based media startup The News Lens has gained a readership of five million readers a month by presenting a levelheaded alternative to the country’s scandal-obsessed newspapers. Now the site, which is backed by North Base Media and 500 Startups, hopes its focus on balanced news reports and analysis will help it gain an international readership. Read More- CRUNCH NETWORK
The Missing Leak In Marketplaces
Here’s the rap on marketplaces where buyers meet sellers: Some of them leak revenue. Unicorns are looking leaky these days. Read More Padmasree Warrior On Why She Chose To Take On Her New Role As NextEv CEO
NextEv, a Chinese electric car company potentially taking on Tesla and Faraday Future, has tapped Padmasree Warrior for the U.S. CEO position. Warrior will also head up software development and the user experience globally for the Shanghai-based company. According to Warrior, NextEv has already pulled in half a billion dollars of the $1 billion it plans to raise from the likes of… Read More
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