Startups
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According to Loom founder Chase White, there’s a familiar cycle that tech entrepreneurs go through: When they’re first getting started, they sell equity to angel investors, then they use the money to hire developers to actually build the product. At a certain point, White (formerly the co-founder and head of product at Localeur) wondered, “Why not cut out the middleman?”… Read More
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The short answer for why Snap lowballed its initial valuation for its initial public offering is that it probably won’t be that low for long. Normally these prices are set by expectations the underwriters and executives can divine from their conversations with Wall Street. It’s essentially a matching game — how does Snap and its underwriters figure out where to price the… Read More
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YotaScale, a graduate of Alchemist’s enterprise accelerator, is announcing a $3.6 million venture round today from Engineering Capital, Pelion Ventures and angels Jocelyn Goldfein, Timothy Chou and Robert Dykes. The startup employs machine learning to help balance performance, availability and cost for enterprise cloud computing. Competitors CloudHealth Technologies and Cloudability… Read More
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Cervin Ventures, under the direction of Preetish Nijhawan and Neeraj Gupta, is announcing its latest $56 million fund. Built on the success of previous angel and micro-venture portfolios, Cervin is targeting seed-stage startups across the enterprise stack — running the full gamut of infrastructure, data and software. Both Nijhawan and Gupta come from operational roles. Preetish… Read More
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Chances are that your current company is collecting a ton of data about your customers every second. It’s a goldmine and it often sits there in a corner, unused. Vize is a business intelligence tool that will let you learn more about your business and take advantage of all your data. The company is currently participating in Y Combinator’s winter batch. “The main use case… Read More
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Deep in the Valley this afternoon, 500 Startups’ 19th demo day drew to a close at the Computer History Museum. Business-to-business software, fashion and beauty products made up the largest proportion of companies, but 500 left room for a few outliers. It’s tough for anyone to say who the next Twilio will be, but it just might be hidden somewhere in the 40 companies that… Read More
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There are many toys on the market today that promise to teach kids programming skills, and a good percentage require the use of a connected tablet or smartphone. At a time when parents are already struggling to keep kids’ screen time to a minimum, father and entrepreneur Nader Hamda wanted to build something different. He also observed a lot of expensive educational toys on the market,… Read More
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The college textbook industry has no shortage of startups, from ebook company RedShelf to big players like rental service Chegg all the way to Amazon itself. But a SF-based company called Verba, which has flown mostly under the radar since 2008, has weathered the slow change of the textbook industry.
VitalSource, the ed-tech arm of book distribution company Ingram is today announcing their… Read More
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On-demand laundry has proven a tough business for some. Washio folded up its business last year, selling its assets into competitor Rinse. At the time Rinse’s founder Ajay Prakash told TechCrunch the on-demand model wasn’t the most efficient or economical way to handle the dirty business of cleaning clothes. But now Mulberrys, a new cleaning competitor in the Bay Area, hopes to… Read More
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