palo alto

Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg

TechCrunch understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However, after 12

OpenReplay raises $4.7M for its open source tool to find the bugs in sites

When users on websites and apps find they have problems, developers have various tools to record what they are doing in order to find out what went wrong. But these can involve cumbersome methods like

LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives. Among other things, the pair are pa

Attack surface management platform RapidFort raises $8.5M seed round

RapidFort, a startup that helps developers reduce the potential attack surface of their applications by automatically removing unused software components from their containers, today announced that it

World Innovation Lab wants to connect the innovation gap between startups and corporates in the US and Asia with $1B

World Innovation Lab (WiL), a Palo Alto- and Tokyo- headquartered venture capital firm, said Tuesday it has raised more than $1 billion. It’s an enormous fund for the outfit, relatively speaking

CyberConnect raises $15M Series A to put data back in the hands of users

One of the promises made by web3 entrepreneurs is putting data back in the hands of owners through decentralization. Palo Alto-based CyberConnect is among a handful of blockchain startups working to f

8 open source companies from YC Demo Day Winter ’22

Wicked fast VPNs, data organization tools, auto-generated videos to spice up your company’s Instagram stories … Y Combinator’s Winter 2022 open source founders have some interesting ideas up the

Electric Capital closes $1 billion in funds to back crypto startups, buy tokens

The fervor surrounding opportunities in the crypto space has seemed to upend the venture world over the past couple of years, with major players shaking up how their firms are fundamentally organized

Permiso emerges from stealth with $10M to tackle the next wave of cloud security

Permiso, a Palo Alto-based startup that provides cloud identity detection and response for cloud infrastructures, has launched from stealth with $10 million in seed funding. The company, founded by fo

Avoma puts new capital to use making meetings work smarter

Avoma aims to set it apart from competitors by bringing meeting management, AI assistant and conversation intelligence into one tool.

Noname Security hits $1B valuation after $135M Series C raise

API security is all the rage these days, pushed into the limelight following a spate of high-profile security incidents that saw reams of user data exposed or exfiltrated. Peloton spilled users’

TechCrunch+ roundup: Less VC for SV, 2022 marketing predictions, GTM research strategies

The fact that the Bay Area's share of startup funding is shrinking shouldn't be cause for alarm — it's good news for the entire country.

Sapphire Ventures secures largest capital raise to date across two new funds

In all, Sapphire has brought in $3.7 billion in capital in the last 12 months.

Propelo raises $12M for its AI-driven engineering excellence platform

The number of DevOps tools has increased exponentially over the last few years and, with that, the amount of data these tools can produce to help businesses improve their software development processe

Medable reaches $2.1B valuation as Tiger, Blackstone, GSR pump new capital into clinical trials management company

Medable has grown 300% in the past year and over 800% in the last 18 months, which CEO Michelle Longmire said was proof that a patient-centered approach is taking hold.

Klarna jets into travel with Inspirock acquisition

Though it might seem strange for a company like Klarna to get into travel, CMO David Sandstrom says travel is a pain point Klarna wants to solve for its consumers. 

From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank

Prior to the COVID-19 pandemic, TripActions was primarily known for merging many aspects of corporate trip booking — flights, hotels and rental cars — with expense tracking. But Palo Alto-based T

Ladder raises $100M on a $900M valuation for a platform selling flexible term life insurance

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to pro

EquityBee snaps up $55M for a marketplace that connects employees with capital to help them exercise their stock options

Stock options can hold a lot of potential reward for employees when their company is doing well, but not every person will have the funds to fully exercise — that is, buy up — the options

Ex-Apple designer’s ultra-premium audio hardware startup Syng raises $48.75 million

Audio startup Syng has been building on quite a bit more hype than the average fresh hardware startup, largely because of the team behind it. Founder and CEO Chris Stringer was Jony Ive’s first
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