Drizly, the on-demand booze delivery startup, has today announced the close of a $15 million Series B funding round, led by Polaris Partners, with participation from existing investors. Drizly operates in a very similar manner to Uber, providing the technology infrastructure that allows liquor retailers the opportunity to provide their own on-demand service, as well as an e-commerce… Read More
from TechCrunch
Few things are more dreadful than dealing with airline customer service. Fortunately, there’s a startup that wants to make those calls for you. For hassle-free travel, AirHelp is raising $12 million in Series A funding from a group of investors, including Khosla Ventures and Evan Williams. This is in addition to the $4.7 million in seed financing raised two years ago. AirHelp promises to… Read More
from TechCrunch
Kyna and Conan Fong were at dinner trying to convince their father, who ran a medical practice, to try something different than just keeping paper records. There’s a good reason for that — they’re slow, they’re hard to transfer and share (often requiring paper delivery or faxes), and there’s a lot of information that can be lost along the way. But despite that being… Read More
from TechCrunch
Indonesia-based Go-Jek, the motorbike taxis on-demand company that competes with Uber and Grab, has confirmed that it has raised $550 million new funding and hinted that it may expand overseas. Read More
from TechCrunch
In a beacon of hope for onlooking founders, Y Combinator reject and network analytics startup Kentik Technologies, locked down a $23 million Series B this morning. Let’s be honest — most of us don’t know anything about network infrastructure. Fortunately for most of us, we can afford not to know. For internet service providers and companies making use of a large number of… Read More
from TechCrunch
Grab, the company that rivals Uber in Southeast Asia, is in negotiations to close a new round of funding that could value it as high as $2.3 billion, multiple sources close to talks told TechCrunch. Grab was valued around $1.5 billion-$1.6 billion last August when it raised $350 million. Read More
from TechCrunch
From rising rents to online competitors, local stores and restaurants face enough challenges outside of their own doors that basic stuff like scheduling employees’ shifts and breaks should feel easy. But that process is still, too often, a mess of paperwork and data entry for them. A startup called Homebase has raised $6 million to make hourly work much easier to manage for every business… Read More
from TechCrunch
Go-Jek, the motorbike taxi on-demand service that rivals Uber and Grab in Indonesia, has raised $550 million in new funding today, a source close to the company told TechCrunch. The deal values the company at $1.2 billion and will be announced this week, we understand. Read More
from TechCrunch
As interest and investment continue to pour into the online education market, startups building platforms with a lot of traction are reaping the rewards. In the latest development, a company out of China called VIPKID — which has built a popular platform connecting children aged between five and 12 years with native English speakers for one-to-one online language lessons… Read More
from TechCrunch
Jack Dorsey really needs a hit. After Twitter’s weak second-quarter showing, and both stocks not performing well in the past year, Dorsey — as the lead of both companies — needs to show investors his strategies are working (and that he can run both companies).
Well, he certainly got one today. Square reported its second-quarter earnings, where it brought in $439 million in… Read More
from TechCrunch