Startups
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YC-Backed Cymmetria Uses Virtual Machines To Decoy And Detect Hackers
YC-backed Cymmetria, which is uncloaking from stealth now after around a year working its cyber security startup business, wants to tilt the traditional security odds so it’s hackers who are left feeling vulnerable and on their guard — by giving the businesses whose systems are under attack a ‘home advantage’. Read More
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The Berlin Startup Ecosystem Needs An IPO In The U.S.
On the heels of Microsoft’s acquisition of the Berlin startup darling 6Wunderkinder for a price between $100 and $200 million, the debate rages on about whether Berlin startups should be bolder and wait longer for an exit. The consensus in the Berlin startup ecosystem is that we are still missing one extraordinarily big success. Read More
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CrunchWeek: Taylor Hugs Apple, Verizon Buys Us, And New NSA Leaks
Hello, friends, and welcome to a slightly more important episode of CrunchWeek. This week, we became vassals of a new empire, Taylor Swift bequeathed her most recent album to Apple’s new streaming product, and WikiLeaks is back in the news as fresh NSA leaks have emerged. Read More
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Snips Grabs $6.3 Million To Add An Artificial Intelligence Layer To Your Phone
French startup Snips just raised $6.3 million (€5.6 million) in a seed round led by The Hive, with participation from Eniac Ventures, 500 startups, Brent Hoberman, Xavier Niel and Bpifrance. The company wants to add some sort of artificial intelligence layer on top of your smartphone so that you can use your phone more efficiently. In pragmatical terms, Snips will release in the near future… Read More
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Whittl Picks Up A Chicago-Style $3.3M Series A
It turns out geography is still a thing. Recently, Whittl, a Chicago-based company raised a $3.3 million Series A round of capital. The new monetary event follows a $1.3 million seed round that took place around two years ago. If you can’t see the irony, you haven’t lived outside of the Valley in some time. Given the generic chop of both Clinkle and Secret, it’s hard to keep… Read More
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A Closer Look At The Silicon Valley Vs. Wall Street Talent War
Gordon Gekko is but a distant blip in the rear-view mirror for this generation’s best and brightest. In lieu of Wall Street, today’s top graduates are flocking to Silicon Valley and other top technology hubs in droves, drawn in by visions of challenging the status quo with world-changing apps and the opportunity to make a real, lasting impact in the world. Read More
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PayNearMe Lays Off Employees as It Forges Into New Territory
PayNearMe is a financial services startup that has managed to fly under the radar of the tech-savvy. That’s largely because the six-year-old company is focused on the roughly 25 percent of people in the U.S. who don’t have bank accounts to pay for things like rent and utilities and online purchases. In fact, its customers largely interface with PayNearMe’s brand when… Read More
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Real Estate Startup Zumper Raises Another $6.4 Million
Zumper, the platform that allows you to list, find and apply to apartment rentals, has raised $6.4 million as a Series A1, a year after raising a $6.5 million Series A round. This round was again led by existing investors Goodwater Capital and Kleiner Perkins Caufield & Byers. Read More
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PayRange, A Startup That Enables Vending Machines To Take Credit Cards For Payment, Raises $12M
PayRange, which makes a small device that plugs into vending machines that enables customers to pay with credit cards, said that it has raised $12 million in venture financing. The company produces a device that plugs into vending machines that interacts with an app. It uses Bluetooth to connect to the app, wherein customers can make a purchase. The device works with basically any vending… Read More
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On-demand service Postmates just closed an $80 million Series D round. The company told TechCrunch that the new funding values them at close to $500 million. The round was led by Tiger Global Management, and follows a $35M round closed in February.