Cybersecurity VC funding surges to a record $11.5B in 2021
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The pandemic completely upended the threat landscape as we know it. Ransomware accounted for an estimated 2.9 million attacks so far in 2021, and supply-chain attacks that targeted Kaseya and SolarWinds have increased fourfold over 2020, according to the EurMessenger celebrates its 10th anniversary with new features and a plan to become the ‘connective tissue’ for real-time experiences
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To celebrate its ten year anniversary, Messenger today announced a handful of new features: poll games, word effects, contact sharing, and birthday gifting via Facebook Pay. But beyond the fun features, Facebook has been testing a way to add voice and video c
Level AI lands $13M Series A to build conversational intelligence for customer service
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Level AI, an early stage startup from a former member of the Alexa product team, wants to help companies process customer service calls faster by understanding the interactions they’re having with customers in real time. Today the company launched publiOnlyFans ‘suspends’ decision to ban explicit content
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OnlyFans has suspended its decision to ban sexually explicit content after it received widespread backlash over the planned policy change. Although Onlyfans was not created specifically for porn, the content has become the platform’s most visible use case.OnlyFans’ policy change is a tale as old as the internet
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Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. For our Wednesday show this week, Natasha and Alex and Danny had colleague Amanda Silberling on the show to help us parsAccel leads $18M Series A for Knoetic, a startup that wants to make HR professionals’ lives easier with software
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Knoetic, a startup that has built a software analytics platform for chief people officers, emerged from stealth today with $18 million in Series A funding. For the unacquainted, chief people officers are also known as heads of human resources, or HR. Accel leMyelin launches second venture fund to target North America, Europe, Latin America
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Venture capital firm Myelin on Wednesday launched its second fund, Myelin II, that will invest in some 40 early-stage technology companies.Last-mile robotic delivery firm Coco raises $36M
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Los Angeles delivery robot startup Coco this week has announced $36 million in funding. The Series A was led by Sam Altman, Silicon Valley Bank and Founders Fund, with participation from Sam Nazarian, Ellen Chen and Mario Del Pero. It brings the company’Headspace and Ginger are merging to form Headspace Health
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Meditation app Headspace this morning announced plans to merge with on-demand mental health service, Ginger. Barring unforeseen regulatory roadblocks, the two companies will combine to form Headspace Health. The new organization would sport a combined value oXiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million
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Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant’s strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-on-Final vote delayed for Korea’s plan to ban Google and Apple in-app payment rules
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As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea. South Korea’s parliamentary committee paMaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap
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Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to the tune of $40 million. Today, it has raised a $15 million extension from existing investors — RMBVBreachQuest emerges from stealth with $4.4M to modernize incident response
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BreachQuest, an early-stage startup with a founding team of cybersecurity experts building a modern incident response platform, has emerged from stealth with $4.4 million in seed funding. The investment was raised from Slow Ventures, Lookout founder Kevin MahVietnam after-school learning startup Marathon raises $1.5M pre-seed round
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Marathon Education was created after its founders realized after-school education in Vietnam hadn’t evolved much since they were kids. Some of the most popular tuition centers in big cities teach hundreds of students at once. “They’re packed like sardinMusk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets
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It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO EloAi Palette raises $4.4M to help companies react faster to consumer trends
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Developing new packaged foods and consumer goods can take a couple years as companies research, prototype and test products. In a society that runs on social media, however, people expect to see trends land on store shelves much more quickly. Founded in 2018Daily Crunch: Internet watchdog Citizen Lab says iPhone spyware dodges Apple’s security measures
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Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.Digital locker app Movies Anywhere adds AI-powered lists to organize your library
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Movies Anywhere, an app that allows you to centralize your digital movie collection from across services, is rolling out a new feature that will help you make better sense of your growing library. The company today introduced an AI-powered feature called RExtra Crunch roundup: Zūm CEO interview, Cisco’s M&A ethos, neoinsurance bad romance
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When is the last time your doctor treated you at home?Digital locker app Movies Anywhere adds A.I.-powered lists to organize your library
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Movies Anywhere, an app that allows you to centralize your digital movie collection from across services, is rolling out a new feature that will help you make better sense of your growing library. The company today introduced an A.I.-powered feature called &#Flockjay cuts at least half of its workforce as it pivots away from bootcamps into B2B SaaS
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Flockjay, a bootcamp startup that helps laid off people and job seekers break into tech, cut half of its own employees amid a broader pivot to a B2B SaaS platform, TechCrunch has learned from sources close to the company. The layoffs impacted every nontechnicRamp and Brex draw diverging market plans with M&A strategies
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From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days.You can now buy the $299 Oculus Quest 2 with 128GB of storage
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Following its announcement late last month, Facebook’s new 128GB model of the Oculus Quest 2 is now available to buy, for the same $299 price as the previous 64GB base model.ForgeRock files for IPO as identity and access management business grows
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ForgeRock filed its form S-1 with the Securities and Exchange Commission (SEC) this morning as the identity management provider takes the next step toward its IPO. The company did not provide initial pricing for its shares, which will trade on the New York StLinktree partners with PayPal to allow users globally to accept direct payments
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Linktree, the popular “link in bio” service with more than 16 million users, is partnering with PayPal to expand its recently launched “Commerce Links” tools for direct payment on Linktree globally. The Melbourne-based startup says creators in over 20Fika Ventures nearly triples its assets under management: “It’s definitely a crazy time”
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Fika Ventures is a five-year-old, L.A.-based seed stage fund that has been funding mostly business-to-business startups, as well as fintech companies and a sprinkling of healthcare IT startups — as long as they don’t involve hardware or FDA approvMicrosoft will bring cloud gaming to Xbox consoles this holiday season
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Microsoft is moving into the next phase of its plan to bring Xbox Cloud Gaming to as many devices as possible, bringing it to Xbox Series X/S and Xbox One consoles this holiday season.Ispace unveils bigger moon lander capable of surviving lunar nights
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Ispace, a Japanese space startup that aims to lead the development of a lunar economy, has unveiled its design for a large lander that could go to the moon as early as 2024. Tokyo-based ispace said this next-gen lander, dubbed Series 2, would be used on the cBoston’s startup market is more than setting records in scorching start to year
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Boston is benefiting from larger changes to the U.S. venture capital market, helping close historical gaps in its startup funding market and access funds that previously might have skipped the region.Bankers chase Byju’s for IPO, valuation pegged up to $50 billion
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Nearly every top investment bank is chasing Byju’s and nudging the most valuable Indian startup to seriously explore the public markets as soon as next year. Most banks have given Byju’s a proposed valuation in the range of $40 to $45 billion, but some inNoRedInk raises $50 million Series B to help students become better writers
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“In order to become a better writer, read your written words out loud.” That’s one of the first, and best, writing tips I ever received. I always found the advice ironic because it required me to change the medium of my writing to become a better writerPaxos renames its stablecoin from PAX to USDP
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Paxos, the company behind the Paxos Standard stablecoin (PAX), has announced that it is changing the name of its cryptoasset. Paxos Standard is now Pax Dollar, and you’ll soon be able to identify it on your favorite cryptocurrency exchange, wallet or explorTechCrunch Disrupt 2021 kicks off in less than a month
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We’re less than one month away from kicking off our flagship global event, TechCrunch Disrupt 2021. And we’re feeling the adrenaline rush that can only come when more than 10,000 startup icons, experts, founders, investors and makers gather to learn, inspA California judge just struck down Prop 22: Now what?
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California is not going to resolve this issue. Congress is not going to resolve this issue because it almost never resolves anything. So the game comes down to individual states.HyPoint and Piasecki reach $6.5M deal to develop hydrogen fuel cells systems for eVTOLs
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A quick survey of many of the most highly valued electric vertical take-off and landing companies shows one thing in common: All of them are developing aircraft powered by batteries. But a growing suite of aviation companies, turned off by what they see as th
