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TechCrunch Startup News
Listen to select TechCrunch articles on startups coverage—who's raising, who's exiting, who's changing the world.
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Celonis scores $50 million Series B on $1B valuation 26.06.2018 4:28
In the age of digital transformation, it’s important to understand your business processes and find improvements quickly, but it’s not always easy to do without bringing in expensive consultants to help. Celonis, a New York City enterprise startup, created a sophisticated software solution to help solve this problem, and today it announced a $50 million Series B investment from Accel and 83North o...
Open source sustainability 26.06.2018 20:17
Open source sustainability has been nothing short of an oxymoron. Engineers around the world pour their sweat and frankly, their hearts into these passion projects that undergird all software in the modern internet economy. In exchange, they ask for nothing in return except for recognition and help in keeping their projects alive and improving them. It’s an incredible movement of decentralized vol...
Are scooter startups really worth billions? 25.06.2018 22:31
It’s been hard to miss the scooter startup wars opening fresh, techno-fueled rifts in Valley society in recent months. Another flavor of ride-sharing steed which sprouted seemingly overnight to clutter up sidewalks — drawing rapid-fire ire from city regulators apparently far more forgiving of traffic congestion if it’s delivered in the traditional, car-shaped capsule. Learn more about your ad choi...
Sphero acquires a music education startup 25.06.2018 3:14
It’s hard to say precisely how Sphero’s pivot to education is going in these early stages, but it recently got an infusion of funding and is already out acquiring new startups. The BB-8 maker announced this morning that it’s picked up Specdrums​ — the fellow Boulder, Co-based startup is a Kickstarter success story that lets users create music with an app connected ring. Learn more about your ad...
Urban Airship raises another $25M 22.06.2018 3:18
Urban Airship has raised $25 million in Series F funding. The company started out as a platform supporting push notifications, but has since expanded to include other marketing channels like email, SMS, mobile wallets and voice assistants. The goal is to be the platform managing messaging and unifying customer data across all these channels. Altogether, Urban Airship said it’s now delivered more t...
Why startups can’t afford to ignore customer retention 20.06.2018 8:42
Venture-backed companies must walk the line between fast growth and efficient growth. Even as VCs value high-quality revenue, companies are still held to a minimum growth rate. We think of this threshold as the “Mendoza Line,” a baseball term we’ve adapted to track the minimum growth needed to get access to venture funding. Above this line, startups are generally attractive to investors and even h...
Lyft’s app code reveals unlaunched bike or scooter feature 20.06.2018 5:17
Lyft hasn’t acquired a bike-sharing startup or gotten a scooter permit yet, but it’s already preparing its app for them with a feature codenamed “last mile”. Code and screenshots dug out of Lyft’s Android app reveal a way to search a map for last mile vehicles, and scan a QR code or enter a pin to unlock them. These materials come to TechCrunch from Jane Manchun Wong, who’s recently established he...
SpeakSee makes it simple for a deaf person to join a group conversation 19.06.2018 4:30
There’s a great deal of activity in the fields of speech recognition and the “Internet of Things,” but one natural application of the two has gone relatively unpursued: helping the deaf and hard of hearing take part in everyday conversations. SpeakSee aims to do this (after crowdfunding, naturally) with a clever hardware design that minimizes setup friction and lets everyone communicate naturally....
The long Cocky-gate nightmare is over 19.06.2018 7:07
I’ve been wanting to write about Cocky-gate for some time now but the story – a row between self-published authors that degenerated into ridiculousness – seems finally over and perhaps we can all get some perspective. The whole thing started in May when a self-published romance author, Faleena Hopkins, began attempting to enforce her copyright on books that contained “cocky” in the title. Learn mo...
VCs serve up a large helping of cash to startups disrupting food 18.06.2018 6:43
Joanna Glasner Contributor More posts by this contributor Scaling startups are setting up secondary hubs in these cities Here is where CEOs of heavily funded startups went to school Here is what your daily menu might look like if recently funded startups have their way. You’ll start the day with a nice, lightly caffeinated cup ofcheese tea. Chase away yourhangoverwith a cold bottle of liver-boosti...
YC alum Modern Health, a startup focused on emotional wellbeing, gets $2.26M seed funding 18.06.2018 4:48
Modern Health founders Alyson Friedensohn and Erica Johnson About one year ago, a note from a CEO thanking his employee for using sick days to take care of her mental health went viral. It was a reminder to Alyson Friedensohn of what she wants to accomplish with Modern Health, the emotional health benefits startup she founded last year with neuroscientist Erica Johnson. “We want that to be normal....
VR helps us remember 15.06.2018 5:04
Researchers at the University of Maryland have found that people remember information better if it is presented in VR vs. on a two dimensional personal computer. This means VR education could be an improvement on tablet or device-based learning. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Meet Atoms, the minimalist startup shoes you’ll actually wear 15.06.2018 8:55
Step aside, Allbirds. Atoms come in quarter sizes you can mix-and-match. Emerging from stealth today in a TechCrunch exclusive, this shoe startup’s obsession with satisfaction allowed it to replace my Nikes. I’ve spent the last 2 months wearing Atoms every day. They’re the first sneaker classy looking enough for semi-formal occasions, but that I can comfortably walk or even hike in for hours. Lear...
This AR guppy feeds on the spectrum of human emotion 14.06.2018 2:52
Indiecade always offers a nice respite from the wall of undulating human flesh and heat that is the rest of the E3 show floor. The loose confederation of independent developers often produces compelling and bizarre gaming experiences outside of the big studio system. TendAR is the most compelling example of this out of this year’s batch. It is, simply put, a pet fish that feeds on human emotions t...
N26 launches a revised metal card 14.06.2018 2:59
Fintech startup N26 is updating its N26 Metal product and launching it tomorrow. You might remember that the company first announced its premium card at TechCrunch Disrupt Berlin in December 2017. Shortly after the conference, the card was available in early access for existing N26 Black customers. But the company had to go back to the drawing board and update the card design. N26 Metal customers...
Beware ‘founder-friendly’ VCs — 3 steps founders should take to protect their companies 13.06.2018 8:18
In 2014, it seemed like pretty much anyone with a pulse and pitch deck was capable of raising huge amounts of capital from prestigious venture capital firms at sky-high valuations. Here we arefour years later and times have changed. VCs inked a little more than 3,100 deals in the last quarter of 2017, according to Crunchbase— about 500 fewer than the previous quarter. Learn more about your ad choi...
New technology can see your body through walls 12.06.2018 3:27
MIT’s Computer Science and Artificial Intelligence Laboratory has created a system that can see your body through walls, recreating your poses when you walk, sit, or simply stand still. It uses RF waves to sense where you are and then recreates your body as a simple stick figure. It’s called RF-Pose. Learn more about your ad choices. Visit podcastchoices.com/adchoices
By automating code compliance, UpCodes AI is “the spellcheck for buildings” 12.06.2018 7:50
For many architects, the hardest part of their job starts after they finish designing a building, when the onerous process of code compliance begins. Written to ensure the safety and accessibility of buildings, codes dictate everything from the height and depth of stairs and where railings end, to the amount of floor space in front of toilets and the height of windows. Learn more about your ad cho...
Workday acquires Rallyteam to fuel machine learning efforts 11.06.2018 3:27
Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees who would be joining Workday . In this case, Wor...
Self-driving robot delivery startup Starship Technologies raises $25 million 11.06.2018 3:12
The robots are here and one company, Starship Technologies, has raised $25 million to bring even more to the mainstream. This latest round of funding includes a follow-on investment from Matrix Partners and Morpheus Ventures. New investors include Airbnb co-founder Nathan Blecharczyk, Skype founding engineer Jaan Tallinn and others. These autonomous robots can carry items, like groceries or packag...
Devo scores $25 million and cool new name 08.06.2018 3:19
Logtrust is now known as Devo in one of the cooler name changes I’ve seen in a long time. Whether they intended to pay homage to the late 70s band is not clear, but investors probably didn’t care, as they gave the data operations startup a bushel of money today. The company now known as Devo announced a $25 million Series C round led by Insight Venture Partners with participation from Kibo Venture...
Speech recognition triggers fun AR stickers in Panda’s video app 08.06.2018 5:52
Panda has built the next silly social feature Snapchat and Instagram will want to steal. Today the startup launches its video messaging app that fills the screen with augmented reality effects based on the words you speak. Say “Want to get pizza?” and a 3D pizza slice hovers by your mouth. Say “I wear my sunglasses at night” and suddenly you’re wearing AR shades with a moon hung above your head. L...
The Uberization of telcos 06.06.2018 9:46
For the past decade, telecommunications companies around the globe have been grappling with falling average revenues per user equaling stagnant growth rates. While particularly mobile operators have enabled increasing prosperity in third-world countries, new ways of working and fueled entirely new markets, much of the wealth created has landed on the books of companies that we look upon with incre...
Microsoft has acquired GitHub for $7.5B in Microsoft stock 05.06.2018 7:26
After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 millionand we know that the company was valued at about $2 billionin 2015. Former Xamarin CEO Nat Friedman (and now Microsoft corporate vice president) will become GitHub’s C...
Scaling startups are setting up secondary hubs in these cities 04.06.2018 7:54
America’s mayors have spent the past nine months tripping over each other to curry favor with Amazon.com in its high-profile search for a second headquarters. More quietly, however, a similar story has been playing out in startup-land. Many of the most valuable venture-backed companies are venturing outside their high-cost headquarters and setting up secondary hubs in smaller cities. Where are the...
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