Okta came out of the gate strong today in its Wall Street debut, attracting the type of institutional investors CEO Todd McKinnon says should be around for the long haul. This IPO comes at a time when Wall Street appears ready to embrace enterprise technology companies. Read More
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Adidas unveiled their latest 3D-printed shoe last night, the Futurecraft 4D. The shoe is a huge improvement on their last 3D-printed runners, which were more of a concept than an actual product. The new version is better suited for mass production – Adidas plans on selling 5,000 pairs this upcoming fall, which will scale up to more than 100,000 pairs by the end of 2018. While the… Read More
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The last time I wrote about Save, the French startup had just raised $16.7 million to prove that you could scale smartphone repair services. It’s been a roller coaster ride since then as the company had to claim insolvency. After this process, Remade Group is picking up Save’s business and employees.
While the startup managed to grow quite rapidly, it was hard to keep up with the pace. Read More
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Many hot new enterprise technologies are centered around free, “open-source” technology. But how can corporate customers, and investors, evaluate all these new open-source offerings? These questions are especially tough to answer because most open-source companies are still private. That’s why we created a detailed index to track popular open-source software projects. Read More
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Mic has raised $21 million in new funding, which co-founder and CEO Chris Altchek said will accelerate the digital publisher’s investment in video news.
The company says it currently reaches 66 million unique readers and viewers each month, and that 75 percent of its daily views come from video — particularly impressive when you consider that it launched its first video… Read More
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At the end of March, Amazon announced it was planning to shut down Diapers.com and all the other e-commerce sites operated by Quidsi – the company Amazon acquired for $545 million back in 2010. However, it didn’t offer any details as to when those sites would eventually shutter their doors. But it now appears the first steps towards closure have been taken – all the Quidsi… Read More
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It’s no secret that data is the hot new revenue source for automakers, who are seeing additional profit opportunities bloom as vehicles become more connected and they can retrieve a ton of useful data that’s incredibly valuable when deployed correctly. Israeli startup otonomo has been on top of that trend since its founding in 2015, with nine automakers worldwide using its platform… Read More
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Welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the financial side of technology. This week Katie Roof, Matthew Lynley and your servant sat down with Gene Munster, best known for his bullish takes on Apple as an analyst. Munster is now a venture capitalist at Loup Ventures, where he’s a managing partner. As a group we dug into Lyft’s… Read More
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A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More
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Okta is setting an increasingly ambitious target for its IPO, now officially pricing it at $17 per share set for its debut tomorrow — and looking to raise as much as $187 million in the hopes that it can capitalize on the newly open IPO window.