The Working Assembly began as a side hustle. Jolene Delisle and Lawrence O’Toole juggled full-time jobs while collaborating on projects for startup clients, and they eventually realized there was an opportunity to help companies with branding, marketing, and advertising. In the past four years, TWA has grown from a team of two to a team
Month: April 2019
Cable television provider Altice USA has confirmed plans to pay $200 million for the millennial-focused, digitally native news network Cheddar in an all-cash, or all-cheddar, rather, deal. The price tag comes at a 25 percent premium to the media startup’s $160 million Series D valuation. Jon Steinberg, the co-founder and chief executive officer of Cheddar
Rae Witte Contributor Rae Witte is a New York-based freelance journalist covering music, style, sneakers, art and dating, and how they intersect with tech. You can find her writing on i-D, The Wall Street Journal, Esquire and Forbes, among others. New York-based DJ and creative consultant Amrit and I are sitting at a women’s empowerment
To win chat, Facebook Messenger must be as accessible as SMS, yet more entertaining than Snapchat. Today, Messenger pushes on both fronts with a series of announcements at Facebook’s F8 conference, including that it will launch Mac and PC desktop apps, a faster and smaller mobile app, simultaneous video co-watching and a revamped Friends tab,
Glovo, the Spain-headquartered on-demand delivery app that has similarities to Postmates in the U.S., has raised $169 million (€150m) in Series D funding. Lakestar led the round alongside Drake, owner of global pizza franchise Papa John’s. Idinvest Partners and Korelya Capital also participated, bringing total raised to approximately $322 million. The company last raised funding
Facebook’s social graph is aging, full of long-lost acquaintances and hometown friends you don’t care much about seeing in the News Feed any more. But Facebook is now testing a pivot away from its core identity of connecting you with existing friends so it can revitalize the social graph and keep people coming back. Facebook’s
Mobile marketing company ManyChat has raised $18 million in Series A funding. The startup, co-founded by CEO Mikael Yang, is currently focused on Facebook Messenger. It offers tools for creating a bot on Messenger while also supporting live human chatting (ManyChat says its approach is a “smart blend of automation and personal outreach”), and additional
Perkbox, the London-based startup now calling itself an “employee experience platform,” has raised a further £13.5 million in funding. The round is led by existing investor Draper Esprit, alongside a number of previous Perkbox angels. Prior to this, the company, which launched in 2015, had raised £11 million. Targeting companies of all sizes, from SMEs
Remember Prisma? The Moscow-based team behind the app that sparked a style transfer craze in 2016 has raised a €6 million (~$6.7M) Series A, led by early stage artificial intelligence focused VC firm, Haxus. While two of Prisma’s original co-founders left the company in the middle of last year, to work on building a new
Over the course of the last year and a half, the OpenStack Foundation made the switch from purely focusing on the core OpenStack project to opening itself up to other infrastructure-related projects as well. The first two of these projects, Kata Containers and the Zuul project gating system, have now exited their pilot phase and
Vault Platform, a London-based startup that has built software to “re-imagine” workplace misconduct reporting, has raised $4.2 million in seed funding. Leading the round is Kindred Capital, with participation from Angular Ventures, System.One, Jane VC, and ex-Mosaic Ventures Partner Mike Chalfen. Founded in 2018 by Neta Meidav and Rotem Hayoun-Meidav, Vault is attempting to create
Last night’s episode of “Game of Thrones” was a wild ride and inarguably one of an epic show’s more epic moments — if you could see it through the dark and the blotchy video. It turns out even one of the most expensive and meticulously produced shows in history can fall prey to the scourge
With news that the We Company (formerly known as WeWork) has officially filed to go public confidentially with the SEC today, there’s a big question on everyone’s mind: Is this the next massive startup win or a house of cards waiting to be toppled by the glare of the public markets? No company I follow has
Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come to learn. Executives at the Singapore-based firm anticipate that the new fund, which is Jungle’s third to date, will reach a final close of $220
Twitter is unveiling a number of new content deals and renewals tonight at its NewFronts event for digital advertisers. It’s only been two years since Twitter first joined the NewFronts. At the time, coverage suggested that executives saw the company’s video strategy as a crucial part of turning things around, but since then, the spotlight has
At the Open Infrastructure Summit, which was previously known as the OpenStack Summit, Canonical founder Mark Shuttleworth used his keynote to talk about the state of open-source foundations — and what often feels like the increasing competition between them. “I know for a fact that nobody asked to replace dueling vendors with dueling foundations,” he
Amazon announced today it has begun to ask customers to participate in a preview program that will help the company build a Spanish-language Alexa experience for U.S. users. The program, which is currently invite-only, will allow Amazon to incorporate into the U.S. Spanish-language experience a better understanding of things like word choice and local humor,
Alphabet’s Q1 earnings were a disappointment for Wall Street, courtesy primarily of ad revenue shortcomings. The hardware team met with some difficulties, as well, owing in part to a stagnating global smartphone market that has impacted virtually all players. CEO Sundar Pichai cited “year over year headwinds” when referring to the company’s smartphone line, following
Your last 10 emails with a recruiter before an onsite interview probably shouldn’t be about rebooking your canceled flight. Pana is a Denver startup now setting its sights on the corporate travel market, with a specific eye towards killing the back-and-forth email or spreadsheet coordination. The startup, founded in 2015, first tried to gain an
Edtech and recruitment continue to converge. London-based online degree platform, FutureLearn, is taking £50 million (~$64.6M) from Australian-based online job matching group, Seek, in exchange for a 50 per cent stake in the business — just days after the same group led a massive Series E in U.S. online learning giant Coursera. U.K. distance learning
The popular iOS podcasts app Overcast wants to make it easier for people to share clips from their favorite shows across social media. The feature will likely be well-received by podcasters looking to expand their show’s audience, as they’ve previously been limited to sharing their podcast by way of links or audio-only snippets, for the
Mirantis, the company you may still remember as one of the biggest players in the early days of OpenStack, launched an interesting new hosted SaSS service today that makes it easier for enterprises to build and deploy their on-premises clouds. The new Mirantis Model Designer, which is available for free, lets operators easily customize their
Facebook has been accused of blocking the ability of independent researchers to effectively study how political disinformation flows across its ad platform. Adverts that the social network’s business is designed to monetize have — at very least — the potential to influence people and push voters’ buttons, as the Cambridge Anaytica Facebook data misuse scandal
This could be the upcoming Motorola Razr revival. The images purporting to be the upcoming smartphone appeared online on Weibo and show a foldable design. Unlike Galaxy Fold, though, Motorola’s implementation has the phone folding vertical — much like the original Razr. This design offers a more compelling use case than other foldables. Instead of
Uber, the transportation-on-demand behemoth, today filed its much-anticipated updated S-1, where it announced that it would be pricing its initial public offering at $44-50 per share. Selling 180 million common shares, Uber plans to raise between $7.9 billion and $9 billion ahead of its public debut on the NYSE, valuing it at $84 billion — squarely in
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate Clark and Alex Wilhelm dug into the latest, namely big news on the fund front from folks you know, two China-based companies going public on domestic exchanges, and what’s next in the long-running sagas of
The success of Airbnb — and observations of its acquisitiveness as it continues to scale — has led to a surge of interest among investors in other fast-growing startups in the travel sector. Just last week, Selina, which runs a network of hostel-style work/live accommodations around the world for digital nomads, raised of $100 million at an
Whenever a security startup lands on my desk, I have one question: Who’s the chief security officer (CSO) and when can I get time with them? Having a chief security officer is as relevant today as a chief marketing officer (CMO) or chief revenue boss. Just as you need to make sure your offering looks
TechCrunch’s Connie Loizos published some interesting stats on seed and Series A financings this week, courtesy of data collected by Wing Venture Capital. In short, seed is the new Series A and Series A is the new Series B. Sure, we’ve been saying that for a while, but Wing has some clean data to back
Joanna Glasner Contributor More posts by this contributor Some reassuring data for those worried unicorns are wrecking the Bay Area From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up The San Francisco Bay Area is a global powerhouse at launching startups that go on to dominate their industries. For locals,
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