Startups
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Papa, what’s a shitpost?
As we romp further into this silly and messy political season it’s come to light that Palmer Luckey, creator of the Oculus Rift and the boy who was last seen floating in a tropical paradise on the cover of time magazine, was the money man behind a group of Trump supporters calling themselves Nimble America. They dedicated the non-profit to proving “that shitposting is powerful and… Read More
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Driver’s ed app Aceable raises $4 million
Although self-driving vehicles feel like a near future reality, people still need driver’s licenses to get around independently in cars today. Now, an Austin, Texas startup called Aceable has raised $4 million in Series A funding to deliver driver’s education in a mobile app. Silverton Partners and Floodgate Ventures co-led the round. Aceable’s app alleviates the need… Read More
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SGN becomes Jam City and announces a new Peanuts game
Mobile gaming company SGN announced today that it has a new name, Jam City.
This isn’t the first time the company has rebranded — it was called MindJolt before acquiring SGN and then taking on the name in 2012.
The change may be an inevitable reflection of the company’s — and the industry’s — transition from social to mobile games. CEO Chris DeWolfe (who… Read More
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Airbnb files $555M round with the SEC led by Google Capital and TCV
Airbnb formally filed a Form D with the Securities and Exchange Commission this afternoon announcing that it had raised $555,462,180 in an equity deal. Last month, TechCrunch independently verified that Airbnb had filed a 28-page document with the State of Delaware indicating that it had intentions to raise additional late-stage capital. At the time, Equidate speculated that the company… Read More
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Gfycat raises $10 million to help creatives fire up the memes
A startup called Gfycat (which is pronounced “Jiffy Cat”) has raised a mammoth $10 million seed round to turn its already popular user-generated content platform into a revenue generating concern. On the content creation side of its business, the startup reports that 2.5 million unique users have already created 25 million “Gfycats,” or short, silent, looping animations… Read More
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Instacart raises guaranteed delivery payout rates, removing tipping option
Instacart COO Ravi Gupta will say that a bad day working in the on-demand economy can be plenty demoralizing even if offset by good well-paid days, and Instacart is going to be making some changes in order to even things out. Today, the company said it is removing its tipping option in favor of raising guaranteed delivery rates for its shoppers. Instead of shoppers relying on something around… Read More
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Fotr forces you to print every iPhone photo you take
When was the last time you printed a photo? Well, Fotr is a new iPhone app that wants to turn that trend on its head, by automatically printing every photo you take. The idea is to bring back an aspect of analog photography: shoot fewer, but higher-quality photos. Signia Venture Partners has $85 million in new funds to invest
Signia Venture Partners has closed its second fund at $85 million to lead early-stage deals in emerging tech startups mostly in and around San Francisco. For the unfamiliar, Signia is typically the first money in and the lead investor in the companies it backs, writing $1-2 million in seed stage deals or $2-8 million in later stage rounds. The firm was started in 2012 by Rick Thompson, the… Read More
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Operator harnesses chatbots, humans, and $15M to sell US goods to China
With a little personal shopping assistance, Operator thinks Chinese citizens will pounce on American products sold through its conversational shopping app. The promise of becoming the guided commerce layer connecting China with the US has earned the two-year-old a $15 million series B round at a $100 million pre-money valuation. “We’re making commerce borderless”, Operator… Read More
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PicsArt drizzles Prisma-style magic on your pics and videos
PicsArt today launched a brand new pair of apps for iOS, adding Prisma-like effects for photographs and videos to the visually stimulating toolbox that lives inside your phone. The company also launches a Remix Me feature, turning photo adjustments into a social experiment not entirely unlike what we saw with the now-defunct Dubble app. Read More
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