Hollar, a startup offering dollar store-like finds in the form of a mobile app, has raised another $30 million to continue to grow its business. The new Series B round of funding was led by Kleiner Perkins Caufield & Byers, and included participation by Comcast Ventures and Greycroft Partners, as well existing investors Lightspeed Venture Partners, Index Ventures, Forerunner Ventures,… Read More
from TechCrunch
Rocket Internet-backed food delivery business Foodpanda is divesting yet more of its international holdings. Today the company announced that it would sell Russian Delivery Club, its operations in Russia, to Mail.Ru Group for $100 million. Foodpanda said the sale would help it “further focus in our core regions”, by way of investing the proceeds in its other operations. It comes… Read More
from TechCrunch
Gousto, the U.K. cook-at-home recipe kit service that competes most directly with Rocket Internet’s HelloFresh, has raised a further £10 million in funding. Backing comes from BGF Ventures, Unilever Ventures, MMC Ventures, Angel CoFund, and Barclays — and is a mixture of equity and debt financing. In a call, Gousto founder and CEO Timo Schmidt tells me the startup plans to use the… Read More
from TechCrunch
Gfycat, fresh off its $10 million seed round and debut of its first mobile app for texting and editing its own flavor of GIFs, announced today that it’s acquiring the Mac desktop application GIF Brewery in an effort at expanding its GIF creation capabilities. The GIF Brewery app, which lets users create, edit and share GIFs from their Mac, has seen over 110,000 downloads to date, and… Read More
from TechCrunch
Paris-based DJiT, the French startup behind the popular DJ app edjing and more recently a hardware device called Mixfader, has raised a further $2.6 million. Read More
from TechCrunch
Whenever I receive bad service from a brand, I typically fire off an angry tweet and hope the company or organisation I’m complaining about notices the blue tick next to my name and takes action accordingly. It’s ungracious, makes me look like a bit of a dick, and similar to trying to shift a caffeine-induced headache by consuming more caffeine, hardly ever works. Read More
from TechCrunch
ValiMail helps enterprises protect their inboxes by making it easier to authenticate incoming emails with the help of the DMARC standard and related open protocols. At its core, this allows businesses to ensure that nobody can use their own domain names for a phishing attack against their employees, and gives enterprises more insight into how their internal and external email services are… Read More
from TechCrunch
In a rare move, Battery Ventures, Andreessen Horowitz and Ribbit Capital, investors in a number of Silicon Valley’s fintech startups, have backed the bank enabling many of their investments to lurch forward. Cross River Bank, the obscure financial institution that seemingly everyone in fintech has heard of but doesn’t really know, originated more than $2.4 billion in loans for… Read More
from TechCrunch
Even if self-driving cars aren’t part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one fifth of all autos on the road, and great majority of new vehicles being produced worldwide will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That’s… Read More
from TechCrunch
The first whole human genome sequencing cost a whopping $2.7 billion. That didn’t bode well for making any breakthroughs on genetic disorders. Luckily, the cost has dropped dramatically since then, leading to a new breed of consumer genetics startups taking a deeper dive into all the double helix’s that make up you
Genos is one of those startups using a next-generation… Read More
from TechCrunch