Snyk, the company that wants to help developers secure their code as part of the development process, announced a $150 million investment today. The company indicated the investment brings its valuation to over $1 billion (although it did not share the exact figure). Today’s round was led by Stripes, a New York City investment firm…
Tweet reveals Xbox head, Phil Spencer, is in Japan. Spencer talking with developers and publishers. Xbox has made no secret of its desire to expand its reach in Asia. Xbox head Phil Spencer has made no secret of his desire to bolster the ranks of the Xbox Game Studios roster with Asian studios. According to…
Dow Jones Industrial Average (DJIA) futures fell 100 points on Tuesday. The deadly coronavirus, originating in China, claimed a fourth life and was confirmed contagious by experts on Tuesday. Global stock markets plunged as memories of the SARS virus returned, which hit economies hard and triggered recessions in some Asian countries. Global stocks took a…
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch. The company will…
Stasher, the luggage storage app for travellers, has raised $2.5 million in additional funding. Leading the round is Venture Friends, along with various angels including Johan Svanstrom, former president of Expedia-owned Hotels.com. Launched in 2015, and now calling itself a “sharing economy solution” to luggage storage, the Stasher marketplace and app connects travellers, event attendees…
Home, the Berlin-based startup that set out offering an app to help landlords manage rentals but has since pivoted to solve the landlord-tenant problem more directly, has raised €11 million in Series A funding. Backing the round is Capnamic, EQT Ventures, FJ Labs and Redalpine, whilst the new capital will be used for “product innovation”,…
The analysts at Gartner have published their latest global device forecast, and while 2020 looks like it may be partly sunny, get ready for more showers and poor weather ahead. Gartner predicts that a bump from new 5G technology will lead to total shipments of 2.16 billion units — devices that include PCs, mobile handsets,…
‘Ex-prince’ Harry and wife Meghan made a laudable decision to stop shouldering up to the taxpayer trough for public funds. On Martin Luther King day it’s hard not to notice the striking similarity between racism and royalty: privileged based on ancestry. Queen Elizabeth is the epitome of someone who’s famous for being famous. But does…
French startup Qonto has raised a $115 million Series C funding round led by Tencent and DST Global. Today’s news comes a few days after another French fintech startup Lydia raised some money from Tencent. Existing investors Valar and Alven are also participating in today’s funding round. TransferWise co-founder Taavet Hinrikus and Adyen CFO Ingo…
Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year. As part of the deal, Uber would own 9.99% of Zomato and its Eats users would become part of the…
Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million. Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors Index Ventures, Northzone, Rocket Internet’s…
Darrelle Revis called out Richard Sherman’s coverage skills on Twitter. While Revis had a point, he made several key mistakes by clapping at Sherman. Despite Sherman’s trash-talk dominance, Revis was the better cornerback in his prime. Prime Darrelle Revis was a better cornerback than prime Richard Sherman.  We can debate that point forever, but one…
Countless PlayStation 5 concept designs have surfaced online. It’s hard to gauge how far off the mark they are ahead of an official reveal from Sony. Here is a selection of some of the best designs out there. In anticipation of Sony finally spilling the beans on the final retail design for the upcoming PlayStation…
The New York Times endorsement of Elizabeth Warren and Amy Klobuchar is a first. The paper has never endorsed two candidates before. Disappointed Bernie Sanders supporters responded: “#IEndorseBernie.” Democrats just can’t seem to rally behind one leader in 2020. That helped Donald Trump win in 2016. The bumbling, divided Democrats are doomed to repeat history…
Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and Safety Administration said it would…
Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchange Commission allegations. TechCrunch deemed Rothenberg a ‘virtual gatsby’ back in 2016, when we first broke the news about the downfall of…