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SmartRecruiters raises $30 million for hiring software

RECRUITMENT_MARKETING-tap_into_your_entire_hiring_pool--browser[2][1] Because managing a large pool of job applicants can be cumbersome, SmartRecruiters thinks its software has the right tools to keep you organized in your candidate search. The team counts clients like Square, Atlassian and Equinox gyms, who use SmartRecruiters to manage job postings and communicate about prospective employees. Now SmartRecruiters is arming itself with a $30 million funding… Read More

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MoneyLion brings traditional banking ever closer to obsolescence

Businessmen pushing house and piggy bank in shopping carts in opposite directions The lingo of personal finance is rapidly changing. Mint has replaced our nagging parents and significant others who think our spending is out of control. Wealthfront and Betterment took away our personal wealth managers. Heck, we don’t even have to go to a bank anymore to get a loan with SoFi or Lending Club. Since 2013, CEO Diwakar Choubey and his team have been developing MoneyLion… Read More

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Impact Engine closes its accelerator and a $10 million impact fund

A blurred CTA Brown Line rapid transit train passes across Chicago's Wells Street Bridge and in front of the massive Merchandise Mart illuminated at night on its way to the Merchandise Mart elevated station. Built in 1930, the Mart is  located on the north shore of the Chicago River. When built it became the largest building in the world with 4 million square feet of floor space. The art deco-styled landmark continues as a leading retailing and wholesale destination and is so large that it has its own CTA rapid transit station and also had its own ZIP code until 2008. An accelerator that backed for-profit, for-good ventures, Impact Engine, is abandoning the bootcamp approach and shifting its focus to investing in these startups as a seed fund, according to CEO and Partner Jessica Droste Yagan. Based in Chicago’s 1871 startup hub, Impact Engine also closed a $10 million fund to support this pivot. The fund is its fourth, but now Impact Engine will… Read More

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ProducePay raises $2.5M to bring cashflow to farmers

Pablo Borquez Schwarzbeck ProducePay has raised $2.5 million to solve what CEO Pablo Borquez Schwarzbeck said is a major issue for farmers — getting paid in a timely manner for their crops.
Borquez Schwarzbeck explained that farmers usually have to cover the cost of not just growing the produce, but also shipping — and then they have to wait for it to get sold before they get paid themselves. And since… Read More

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Google.org, Omidyar Network backing Fast Forward, the accelerator for tech nonprofits

Fast Forward co-founders Kevin Barenblat and Shannon Farley. An accelerator that helps tech nonprofits develop their products and raise grant money, Fast Forward, has attracted $1.25 million in philanthropic funding of its own. Backers include big names in venture capital and tech. Omidyar Network, Google.org and BlackRock donated the largest share, along with AT&T, The Nasiri Foundation and Rita Allen Foundation. Fast Forward will use the money… Read More

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A post-seed round is not a bridge

The Julien Dubuque Bridge traverses the Mississippi River. It joins the cities of Dubuque, Iowa, and East Dubuque, Illinois. The bridge is part of the U.S. Highway 20 route. It is one of two automobile bridges over the Mississippi in the area the Dubuque-Wisconsin Bridge three miles 5?km north links Dubuque with Wisconsin, and is listed in the National Register of Historic Places. A few times every month I get an email from a CEO or investor that says something like this: “We are seeking a Bridge for our company. Since we already raised our Seed and you do Post-Seed, we thought you would be ideal to speak to about this.” I have concluded there is a lot of confusion over how a post-seed round differs from a bridge round. Read More

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DoorDash, going beyond food delivery, will soon bring you alcohol

doordash pretzel DoorDash started off as a restaurant delivery company — but, like many on-demand delivery companies, its ambitions are certainly much higher than that. And it’s taking one step beyond food delivery today by adding the ability to purchase alcohol through DoorDash. While DoorDash may have already delivered food from breweries or restaurants that offer paired food, it still… Read More

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Final is a plaster on the gaping wound that is U.S. credit card security

Mobile - Physical Card - Disable Credit card fraud is a big problem, with an increasing number of companies launching products to patch the problems. The most recent example is Final, which today announced it is shipping its first consumer product: disposable credit card numbers. That’s lovely, but in doing so, it serves predominantly as an example of a company fixing a serious problem from the wrong side of the fence. Read More

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Silicon Valley comes out in full force behind SF Pride

autodesk This weekend was the annual San Francisco Pride Parade. The event drew over a million spectators and participation from many of the tech world’s most recognizable companies. Over 30 tech companies marched in this year’s parade. Whether you were there in person or in spirit, SF Pride withdrawal has already started. We here at TechCrunch decided to do a recap of some of the… Read More

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Ancera raises $8.9 million for tech to prevent food poisoning and recalls

Ancera employees at the company's Branford, Connecticut lab. A startup based in Branford, Connecticut, Ancera Inc. has raised $8.9 million in Series A funding for technology that helps food producers detect contaminants faster than other methods will allow.
The company’s mission is to prevent food waste, recalls or worse, the spread of food-borne illnesses, said Ancera CEO and founder Arjun Ganesan.
Investors in the deal included: Glass Capital… Read More

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