Startups

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Product Hunt launches no-spam tech news digest app Sip

 “We didn’t want to create another app thirsty for attention” writes Product Hunt CEO Ryan Hoover. So instead of a constant stream of fresh stories and alerts, Product Hunt today is releasing what’s essentially a tech industry newsletter in iOS and Android form. Sip distills the day’s big headlines into a set of Twitter Moments-esque slideshows delivered via… Read More

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Startup that sells your salary data to VCs gets bought by Solium

 Investors don’t want their portfolio companies to pay you too much, or too little. So they pay Advanced-HR for its compensation data pulled from 2,500 startups. With a generic name, the service has flown somewhat under the radar since launching 20 years ago.
As startups grow more professional while staying private longer, they’re getting serious about how they structure equity… Read More

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Camera rental startup KitSplit raises $2.1M

filmmaker sunset KitSplit, which operates amarketplace for creative equipment, is announcing that it’s raised $2.1 million in seed funding. The equipment available for rental can include cameras, lights and lenses, but also VR gear and drones. Renters get access to this equipment for a lower price, while the equipment owners get to make some extra money from equipment when they’re not using it. Read More

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Adecco Group acquires recruiting startup Vettery for $100M

Vettery founders The Adecco Group, a global HR services firm headquartered in Switzerland, announced today that it has acquired Vettery. The financial terms were not disclosed, but a source with knowledge of the deal told us that the price was a little over $100 million. (It’s not clear how much of that is cash versus stock.) Read More

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Tenor hits 12B GIF searches every month

 David McIntosh’s startup Tenor builds a GIF keyboard — but he actually hopes you’ll spend as little time searching on it as possible. Instead, Tenor’s aim has been to collapse the amount of time it takes you to find a GIF you like and send it to a friend. Read More

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xMatters snares $40 million Series D led by Goldman Sachs Private Capital Investing

 When a crisis happens and your system is down, it’s easy for panic and chaos to ensue. Large companies use a range of tools to monitor system health, and finding the source of the problem and ensuring the proper personnel are involved is not always easy. That’s where xMatters comes in. It acts as an uber monitoring tool allowing you to understand the source of your problem and… Read More

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Algorithmic zoning could be the answer to cheaper housing and more equitable cities

 Zoning codes are a century old, and the lifeblood of all major U.S. cities (except arguably Houston), determining what can be built where and what activities can take place in a neighborhood. Yet as their complexity has risen, academics are increasingly exploring whether their rule-based systems for rationalizing urban space could be replaced with dynamic systems based on blockchains,… Read More

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Life sciences startup Avro aims to deliver drugs to children and the elderly through skin patches

 Avro, a life sciences startup in Y Combinator’s current batch, is banking on a method to deliver medications to populations unable to swallow or chew — it will administer them through the skin. Starting with allergy medications, the startup is developing skin patches that release drugs commonly used in seasonal allergies for children. The patches can deliver a variety of drugs. Read More

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