Jun Group was founded back in 2005, but according to founder and CEO Mitchell Reichgut, the video ad company has never accepted any venture funding — until now.
“We really have been independent since day one,” Reichgut said. (Jun Group has taken money from Western Technology Investment, but it was debt, not equity financing.) Read More
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Mobile messaging app Line saw its revenue decrease quarter-on-quarter for the first time as the Japanese company battles to grow its user base amid increased competition worldwide. The company, which saw its monthly active user count rise by 6 million to 211 million, posted revenues of 27.8 billion JPY ($224 million) for Q2 2015. That represents a 37 percent year-on-year increase, but a 1…
Communications apps that strike a chord with users across different markets are hot property these days, and it looks like another one of them may soon enter the so-called unicorn club. TechCrunch has learned that Truecaller — a caller ID app that now has 150 million users — is looking to raise around $100 million at a $1 billion valuation. We’re hearing that Truecaller…
GitHub, the software development collaboration and version control service based on the popular open source Git tool, today announced that it has raised a $250 million funding round led by Sequoia Capital. Andreessen Horowitz, Thrive Capital and Institutional Venture Partners also participated in this round.
With 700 million Messenger users, investors are eager to see Facebook earn money on the platform. But Zuckerberg put the brakes on those expectations today during the Q2 earnings call, explaining that Messenger and WhatsApp will run the same monetization playbook as Facebook and the News Feed: Get people organically interacting with businesses before you let companies pay to reach…
Yahoo unveiled a new app today called Livetext, where users can send each other video and text — but no sound.
Ok, the new code is out for the first wave, and you are curious about Windows 10. Or at least we hope so, since we made you a video to go over the broad points of the new operating system from Microsoft. For a more scribbled-down-and-pedantic version of the above video, TechCrunch has you covered as well. Oddly enough, Microsoft is leading the current technology media cycle. That…
People aren’t using Facebook less, according to its new earnings report. Facebook recovered from last quarter’s miss, beating the street’s estimates in Q2 2015 with $4.04 billion in revenue and $0.50 earnings per share. Facebook now has 1.49 billion monthly users, up 3.47 percent quarter over quarter, which was a bit slower than Q1’s 3.6 percent growth.
FireChat, Disrupt alum Open Garden’s popular off-the-grid messaging app, is getting a major update today that introduces private messaging that can even bridge local networks. The major innovation of FireChat was that it allowed users to chat in groups even when there was no Internet connection available.