Crunch Hype

"Tesla is arguably the most interesting connected consumer hardware company since Apple exploded in scale with the success of the iPhone."

iSpot.tv announced today that it has acquired Ace Metrix, a deal that brings two TV and video ad measurement companies together. iSpot founder and CEO Sean Muller said that the companies have complementary solutions. After all, he said, “In simple terms, there are only two reasons why brands buy advertising — one is to deliver business […]

Philips Hue bulbs are pretty great, but they have a mortal enemy: the humble light switch. If you’ve got a Hue bulb tied to a standard light switch, flipping that switch means the Hue bulb loses power completely… along with any fancy tricks like controlling the bulb through your phone or a voice assistant. A […]

Medium is acquiring Paris-based startup Glose for an undisclosed amount. Glose has been building iOS, Android and web apps that let you buy, download and read books on your devices. The company has turned reading into a multiplayer experience as you can build a bookshelf, share notes with your followers and start conversations in the […]

Confusion over an update to Facebook-owned chat platform WhatsApp’s terms and conditions has triggered an intervention by Italy’s data protection agency. The Italian GPDP said today it has contacted the European Data Protection Board (EDPB) to raise concerns about a lack of clear information over what’s changing under the incoming T&Cs. In recent weeks WhatsApp […]

Shares of Beyond Meat are soaring on news that the company will be working with Taco Bell on new menu items. The company’s stock was up $17.13, or 13.67%, to $142.48 and climbing in midday trading after Taco Bell announced that it would embrace Beyond Meat to come up with new menu items due to […]

Most developers don’t enjoy writing documentation for their code and that makes life quite a bit harder when a new team member tries to get started on working on a company’s codebase. And even when there are documentation or in-line comments in the source code, that’s often not updated and over time, that information becomes […]

In a brief announcement today, the Canadian nuclear fusion technology developer General Fusion announced that the investment firm created by Shopify founder Tobias Lütke has joined the company’s cap table. The size of the investment made by Lütke’s Thistledown Capital was not disclosed, but with the addition, General Fusion has the founders of the two […]

Blue Origin launched its first mission of 2021, flying its New Shepard rocket in West Texas to a medium height of just over 350,000 feet. This is the first flight for this particular booster, and for the capsule it carried, which was equipped with a range of new passenger safety, control and comfort systems that […]

Parents with kids stuck learning at home during the pandemic have had to look for alternative activities to promote the hands-on learning experiences kids are missing out on due to attending class virtually. The New York-based educational technology startup Thimble aims to help address this problem by offering a subscription service for STEM-based projects that […]

CFOs are the supposed omniscient owners of a company. While the CEO sets strategy, messages, and builds culture, the CFO needs to know everything that it is going on in an organization. Where is revenue coming from, and when will it arrive? How much will new headcount cost, and when do those expenses need to […]

Poshmark priced its IPO at $42 per share last night, comfortably ahead of its $35 to $39 range that already greatly boosted the company's valuation.

A new cross-industry initiative is seeking to establish a standard for digital vaccination records that can be used universally to identify COVID-19 vaccination status for individuals, in a way that can be both secure via encryption and traceable and verifiable for trustworthiness regarding their contents. The so-called ‘Vaccination Credential Initiative’ includes a range of big-name […]

According to Plaid CEO Zach Perret, the COVID-19 pandemic triggered a "sea change" in consumer behavior.

WhatsApp is facing a legal challenge in India, its biggest market, after a petition was filed Thursday before Delhi High Court over the upcoming change in the Facebook-owned app’s data sharing policy. The petition alleges the new terms that WhatsApp requires its roughly 450 million users in the country to accept is a violation of […]

Harness, the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation. Today’s round comes after 2019’s $60 million Series B, which had a $500 million valuation, showing a […]

Even before the leaks, we all saw the Galaxy Buds Pro coming. It was a given that the company was planning to deliver its own take on Apple’s AirPods Pro, with improved sound quality and active noise canceling. The real secret weapon here, however, may be the price. This morning’s S21 announcement found Samsung dropping […]

Samsung wasted no time this year. With Mobile World Congress pushed back six or so months, the hardware maker hitched its wagon to the tail end of the CES whirlwind — though unlike its press conference earlier in the week, the company is very much on its own for the latest Unpacked. And why not? […]

A security flaw in Ring’s Neighbors app was exposing the precise locations and home addresses of users who had posted to the app. Ring, the video doorbell and home security startup acquired by Amazon for $1 billion, launched Neighbors in 2018 as a breakaway feature in its own standalone app. Neighbors is one of several […]

Alongside its other announcements at Samsung’s event today, the company introduced its new Galaxy SmartTag Bluetooth locator, a lost item beacon for Samsung owners and a competitor with Tile. Like Tile and Apple’s forthcoming AirTags, the beacon can be attached to keys, a bag, a pet’s collar or anything else you want to track. Initially, […]

Privacy concerns that have been driving app users to alternative chat apps like Signal and Telegram in recent weeks, since Facebook-owned WhatsApp announced a T&Cs change, appear to also be generating some uplift for end-to-end encrypted email providers. Two Europe-based Protonmail and Tutanota have reported an uptick in sign ups in recent weeks. Protonmail founder […]

Following regulatory scrutiny on both sides of the pond, Google this morning announced that it has completed its acquisition of wearables pioneer, Fitbit. Google’s use of the vast amount of user health data has long been the key sticking point of regulatory concern of the deal. After all, targeted advertising continues to be at the […]

Emergency services continue to be a major force when it comes to coping with the Covid-19 health pandemic, and today a company that is building technology to help them run better is announcing a round of funding to continue expanding its business. Carbyne — an Israeli startup that has built a cloud-based platform aimed at […]

X1 Card is raising a $12 million funding round. The company is building a credit card that sets limits based on your current and future income, not your credit score. Spark Capital is leading the round with Jared Leto, Aaron Levie, Jeremy Stoppelman, Max Levchin and Ali Rowghani also participating. American Express veteran Ash Gupta […]

Blue Origin is launching its New Shepard suborbital rocket for the first time in 2021, with a liftoff planned for 9:45 AM CST (10:45 AM EST/7:45 AM PST) from its launch facility in West Texas. This is the 14th flight of New Shepard, and it includes some key testing activities for Blue Origin in preparation […]

Healthcare systems are always looking out for ways to save money and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it. The company, already backed by Khosla Ventures and Blue Venture Fund raised its latest round from Defy.vc and AllegisNL Capital. The company’s […]

Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product today based on Blockrize’s work. Later this year, the company is launching a credit card that works like a regular credit card — but you earn bitcoin rewards based on your purchases. The credit card will work on the Visa network and will […]

DecisionLink, an Atlanta-based company that provides software for cost-benefit analyses of business services from a customer’s perspective, has managed to woo one of Silicon Valley’s top venture firms to invest in its latest $18.5 million round of funding. Accel Partners has a long-standing reputation as one of the Bay Area’s premier investment firms, and it’s […]

Amazon’s use of dark patterns that add friction to the process of terminating a Prime subscription is being targeted by 16 consumer rights groups in Europe and the US which are taking coordinated action to urge regulatory intervention. One of them — Norway’s Consumer Council (NCC) — has also published a report calling out what […]

Fintech startup Upgrade has been positioning itself as a neobank. And yet, the company has mostly been focused on personal loans and more recently credit cards. You couldn’t just replace your bank account with Upgrade. Upgrade is adding two important missing pieces of the puzzle with checking accounts and debit cards. With today’s launch, Upgrade […]

Tresl’s flagship product, e-commerce intelligence platform Segment Analytics, is designed to give small brands on Shopify access to the same kind of analytics larger online retailers have. Founded by former LinkedIn data scientists, Tresl is currently exhibiting at CES’ Taiwan Tech Arena. Segments Analytics analyzes a Shopify store’s data and then automatically sorts visitors into […]

3Drens’ IoT mobility management platform not only lets fleet operators track where their vehicles are, but also produces data that helps them make business decisions. The company began operating in Taiwan, where it is based, before expanding into Southeast Asia. Currently presenting at CES’ Taiwan Tech Arena, 3Drens is focused on the increased demand for […]

OFLO is a voice communication system designed to replace traditional walkie talkies. Its hardware is more compact and lightweight, with a bone conduction headset, and capable of covering unlimited distances and multiple channels. Created by Origami Labs, OFLO is also connected to software that features auto logging and productivity tools for teams who don’t have […]

With the proliferation of subscription services, combined with our lives becoming almost 100% digital, there’s a rising need to be able to manage these services. But most banks don’t have much of an answer. Step in Minna Technologies, which sells in its subscription management services into banking apps. It’s now raised $18.8 million (€15.5m / […]

Google said on Thursday it has pulled some personal loan apps from Play Store in India and was implementing stronger measures to prevent abuse following reports that said several firms were targeting vulnerable borrowers in the country and then going to extreme lengths to recover their money. The Android-maker said users and government agencies in […]

Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years. Today, one of the more promising startups out of Europe building software to help SMEs run online businesses is announcing some […]

Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch Blabla. Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. A […]

Poshmark, the nine-year-old, Redwood City Ca.-based online marketplace for second-hand clothing, beauty, and home decor products, is set to start trading as a public company on the Nasdaq tomorrow after tonight pricing 6.6 million shares higher than originally planned, according to Bloomberg. Per its report, the company, which earlier expected to sell shares at between […]

Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanhwa Asset Management, with participation from K3 Ventures, GGV Capital, Arbor Ventures and Flourish Ventures. The Financial Times reports that the funding values Grab Financial, a subsidiary of ride-hailing and delivery giant Grab, at […]

Sennder, a large digital road freight forwarder based out of Germany, has raised $160m in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. To date, Sennder has raised more than $260m, allowing it to lay claim to a potential $1bn […]

Fresh off the announcement of more than $500 million in new capital across two new funds, Seattle-based Madrona Venture Group has announced that they’re adding Anu Sharma and Daniel Li to the team’s list of Partners. The firm, which in recent years has paid particularly close attention to enterprise software bets, invests heavily in the […]

Quite a bit has happened since Snap announced last week that it was indefinitely locking President Trump’s Snapchat account. But after temporary bans from his Facebook, Instagram and YouTube accounts as well as a permanent ban from Twitter, Snap has decided that it will also be making its ban of the President’s Snapchat account permanent. […]

Following a comprehensive ban from Twitter and a number of other online services following last week’s assault on the Capitol by his followers, President Trump managed to put out a tweet in the form of a video address touching on the “calamity at the Capitol”… and, of course, his deplatforming. In the video, Trump instructs […]

U.S. safety regulators have asked Tesla to recall 158,000 vehicles over media control unit failures that cause the touchscreen displays to stop working, following a months-long investigation by the National Highway Traffic Safety Administration. The Office of Defects Investigation unit of the agency determined that the failure of the media control unit is a safety […]

Tokyo-based SODA, which runs sneaker reselling platform SNKRDUNK, has raised a $22 million Series B led by SoftBank Ventures Asia. Investors also included basepartners, Colopl Next, THE GUILD and other strategic partners. Part of the funding will be used to expand into other Asian countries. Most of SNKRDUNK’s transactions are within Japan now, but it […]

One in five people have a mental health illness. Pace, a new startup founded by Pinterest and Affirm executives, wants to pay attention to the other four in that statistic. “Nobody is perfectly mentally healthy all the time,” said Jack Chou, Pace co-founder. “It’s a non-existent idea, everyone is sort of swimming in between being […]

The last several years have seen a substantial increase of ability for robotic exoskeleton technology. Completely understandable. For one thing, it’s that rare technology you encounter that really feels like it’s going to change lives for the better the first time you see it. I’ve had a number of demos with companies that frankly took […]

Airbnb takes a big step to avoid violence at the inauguration, Intel gets a new CEO and Affirm goes public. This is your Daily Crunch for January 13, 2021. The big story: Airbnb cancels all DC bookings during inauguration week Airbnb said today that “in response to various local, state and federal officials asking people […]

Weezy — an on-demand supermarket that delivers groceries in as fast as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital. Also participating were U.K.-based fund DN Capital, earlier investors Heartcore Capital and angel investors, notably Chris Muhr, the Groupon founder. Although […]

Every year, around 10 million pets go missing in the U.S., and millions of those end up in shelters where they aren’t always reunited with their owners, due to their lack of identification or a microchip. A new mobile app, Shadow, aims to tackle this problem by leveraging a combination of a volunteer network and […]