Startups
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Homebrew closed $90 million fund
Homebrew is announcing the close of its third fund. This time they’ve raised $90 million, an increase from $50 million in 2015 and $35 million for its debut fund in 2013. Led by Hunter Walk and Satya Patel, the seed-stage venture firm has spent the past five years investing in U.S.-based startups at the onset. Read More
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Tom Brady, Michael Strahan and Gotham Chopra are launching a new sports media startup
The Super Bowl is over, but Tom Brady is still at work. The quarterback who will undeniably go down in NFL history as one of the greatest of all time is already thinking about his next act. Alongside Michael Strahan (another football great turned pop cultural icon) and Gotham Chopra (producer, director and former war correspondent), Brady is launching a new sports media startup. Read More
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XebiaLabs lands $100 million Series B led by Susquehanna Growth Equity and Accel
XebiaLabs, the Boston-based software startup that helps companies automate DevOps functions, announced a healthy $100 million Series B investment led by Susquehanna Growth Equity and Accel. Today’s investment brings the total raised to $121.5 million. Derek Langone, Xebia’s CEO says they raised the money out of a desire to expand more rapidly. “You always want to raise money… Read More
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nOCD gets $1M seed round to help people with obsessive-compulsive disorder
nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment firm 7wire Ventures. Axel Springer is investing in Magic Leap for some reason
Magic Leap is the gift that keeps on giving. The company has been working for years on augmented reality technologies and raised a gigantic pile of cash on the way. German media company Axel Springer is announcing today that it is investing an undisclosed amount in Magic Leap. The German company is taking a stake in Magic Leap through its Axel Springer Digital Ventures division. In its… Read More
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Online mortgage advisor Burrow pivots to B2B, cites unit economics issue
Burrow, the U.K. startup founded by ex-VC Pradeep Raman and backed by Passion Capital, is shutting down its online mortgage brokerage service, TechCrunch has learned. The move is the result of a change in strategy as the nascent company pivots to a B2B model, offering software tools to lenders, mortgage networks and brokers. Read More
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LimeBike is also getting into the e-scooter game
On the heels of LimeBike’s expansion into e-bikes, as well as competitor Spin’s expansion into Razor-like electric scooters, LimeBike is unveiling its own take on e-scooters. LimeBike is also officially deploying its e-bikes in Seattle. “This is an exciting and competitive landscape,” LimeBike CEO Toby Sun told TechCrunch. “What you are beginning to see is that… Read More
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Chamillionaire is a presentation genius, has a new app
You probably know Chamillionaire from the song “Ridin,’” but did you know the Grammy Award winner is also a successful startup investor? He has had several favorable outcomes, including Cruise, which sold to General Motors and Maker Studios, which was bought by Disney. Now he’s trying his hand at a startup of his own. If you’re a Chamillionaire superfan, you may already… Read More
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Startups are (still) making weird name choices
First names, foods and animals have been quite popular lately with founders choosing startup names. Meanwhile, other naming styles are getting more fashionable. We take a look at what’s hot now and what might be in vogue next. Understanding the Mendoza Line for SaaS growth
“How fast do I need to be growing to be interesting to a venture investor?” This is a question we get asked all the time by CEOs, and we realize “it depends” is not the most actionable answer to give. Instead, we have come up with a simple model that allows us to give a clear numerical answer to this question. Read More
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