Startups
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Cybersecurity startup Darktrace intercepts $64M in fresh funding at a valuation of over $400M
Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $64 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners, and new investors TenEleven Ventures and SoftBank. Read More
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Suiteness wants you to stay in suites instead of regular hotel rooms
Suites are a weird thing within the hotel industry. While there are hundreds of thousands of suites around the world, most are only occupied about 20 percent of the time and sit empty the rest of the year. Plus, the nicest ones aren’t listed or even available to book on hotel’s websites. Brands are afraid to showcase their unique inventory, and assume that the suites will be filled… Read More
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Spotify > YouTube as audio streaming surpasses music videos
Audio didn’t quite kill the video star, but it’s making a comeback. Americans are now on-demand streaming more songs as audio than they’re consuming through music videos. The shift highlights the importance of music in the battle for mobile profits, plus it could help artists get paid more.
Analytics provider BuzzAngle Music tells TechCrunch that since the start of 2016… Read More
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Emerging markets’ challenge to Silicon Valley
Silicon Valley leads the global technology innovation markets with the credentials and an ecosystem that is second to none. We have had contact with many of the leading technology accelerators operating out of Silicon Valley; their opening line for the conversation is often: “How are you relevant to us?” However, those of us living in the rest of the planet have to ask: “When… Read More
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How our founding fathers raised a Series A
For some of us, hotdogs, patriotic songs, and fireworks are enough. We here at TechCrunch expect more of our readers. Why be satisfied with fireworks when you could literally launch a Kickstarter into the sky. If you’re like me, you were likely quite disappointed to find out that Hamilton wasn’t about an epic duel, I mean “syndicate,” between Backstage… Read More
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Zore X is a smart gun lock that raised almost $250K on Indiegogo
An unlocked gun can ruin more than one life. In fact, The Trace reports that toddlers shot an average of one person per week for the 2015 year, often injuring or killing themselves, because they were able to get on their hands on a gun. Zore, like many new products on the market, aims to change all that. Zore is a Jerusalem-based startup that has built a smart gun lock. Through a connection to… Read More
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Novelist Eliot Peper talks about fiction as a foreign country
This week on the Technotopia podcast I talked to Eliot Peper, the author of the cyberpunk novel Cumulus. Peper talked about the value of science fiction as travel for the mind. He has been an entrepreneur and VC and finds that those industries are often more about checking off boxes in a spreadsheet rather than true exploration. By writing – and reading – speculative fiction… Read More
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Echobox raises $3.4M to let publishers intelligently share content to Twitter and Facebook
Now calling itself an artificial intelligence (AI) service for the online publishing industry — because, why not? — Echobox, which has developed tech to help publishers share content on the likes of Twitter and Facebook in a more intelligent way, has closed $3.4 million in new funding. Read More
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The art of relationships for fundraising success
With the incessant talk about unicorns, it’s easy to lose sight of the opposite end of the investment funnel. What feeds the industry is not unicorns, but first venture round companies. Yet raising investments from institutional venture capitalists is becoming increasingly difficult for early-stage entrepreneurs — and it likely won’t ease up through the remainder of 2016. Read More
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The things any startup could be doing to get Fortune 500 customers
New-market disruption is a rare phenomenon and usually comes in waves in conjunction with some form of dramatic technological advance. Many disruptive companies (both new and existing) created new markets in periods following the introduction of PCs (Apple, Microsoft), mobile phones (Apple, Samsung) and cloud computing (Facebook, Airbnb). And this is what we are seeing in the enterprise… Read More
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