Startups
Equity Monday: A global selloff, MURAL snags $23M and two unicorns that can’t raise
6:44 AM PST • January 27, 2020
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so…
[Update: The App Store has returned. Back to your regularly scheduled Fridays.] Midday on Friday it appeared that Apple’s App Store, a critical piece of the digital and mobile economies,…
![The App Store is down [Update: It’s back]](https://techcrunch.com/wp-content/uploads/2019/11/ios-icon-app-store-2019c.jpg?w=1024){kind=icon}
Enterprise
As SaaS stocks set new records, Atlassian’s earnings show there’s still room to grow
6:15 am PST • January 24, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. SaaS stocks had a good run in late 2019. TechCrunch…
Venture
Why Front’s Series C matters, the latest on Lambda and The Athletic makes media look good
6:00 AM PST • January 24, 2020
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Danny and Alex are back with more than ever…
Startups
Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio
11:10 am PST • January 23, 2020
Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The…
Startups
One Medical targets IPO valuation of up to $2B as we unpack its Q4 results
9:02 am PST • January 23, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into One Medical’s updated IPO filing released…
Time is supposed to make technology better. The idea is simple: With more time, humans make newer, better technology and our lives improve. Except for when the opposite happens. Google…
Startups
Lighter Capital secures $100M to grow its equity-free financing business
5:30 am PST • January 23, 2020
Lighter Capital announced today that it has secured access to $100 million to lend to growing startups. The firm is best-known for its work with revenue-based financing, in which expanding…
Enterprise
IBM snaps out of its revenue doldrums, breaking a five-quarter losing streak in Q4
11:32 am PST • January 22, 2020
International Business Machines is living a case study of a large, established company vying to transform. Over the last decade, the technology elder has struggled to move into areas like…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re adding a few names to the $100 million…
Startups
Substack builds multi-author support into its hybrid publishing, newsletter service
8:00 am PST • January 22, 2020
Substack announced today that it has built support for multiple authors into its service. The company provides a publishing tool that blends blogs and email newsletters into a single entity,…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a moment to discuss the amount of…
Startups
Equity Monday: Uber sells its Eats business in India, Qonto raises, and Tesla says no
7:14 AM PST • January 21, 2020
Good morning, friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Equity’s regular, long-form shows still land each…
Startups
FloQast raises $40M Series C led by Norwest on record of strong ARR growth, ACV expansion
6:32 am PST • January 21, 2020
This morning FloQast, an LA-area startup, announced that it closed a $40 million Series C led by Norwest Venture Partners. The company also told TechCrunch in an interview that it…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into the Q4 venture capital market — specifically unpacking…
Startups
As Alphabet crests the $1T mark, SaaS stocks reach all-time highs of their own
1:21 pm PST • January 17, 2020
Continuing our irregular surveys of the public markets, two things happened this week that are worth our time. First, a third domestic technology company — Alphabet — passed the $1…
Startups
Eaze’s struggles reflect falling VC interest in cannabis startups
11:40 am PST • January 17, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday, TechCrunch reported that Eaze, a well-known cannabis-focused startup, is struggling…
Enterprise
Microsoft announces global Teams ad push as it combats Slack for the heart of enterprise comms
8:05 am PST • January 17, 2020
The long-running contest between Microsoft and its Teams service and Slack’s eponymous application continued this morning, with Redmond announcing what it describes as its first “global” advertising push for its…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Danny and Alex were back together…
Enterprise
Visa’s Plaid acquisition shows a shifting financial services landscape
2:45 pm PST • January 16, 2020
When Visa bought Plaid this week for $5.3 billion, a figure that was twice its private valuation, it was a clear signal that traditional financial services companies are looking for…
Startups
SiteMinder raises $70M at $750M valuation after cresting $70M ARR in 2019
12:00 pm PST • January 16, 2020
Today SiteMinder, an Australian software company focused on the hotel industry, announced a $70 million (USD) round that values the company at $750 million. That’s about $1.08 billion in Australian…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. After a short pause, we’re back on the topic of…
Startups
WorkBoard triples again in 2019, raises $30M from a16z to celebrate
8:00 am PST • January 16, 2020
WorkBoard, a SaaS startup that provides goal setting and management software to other companies, announced today that it has closed a $30 million Series C. The new capital comes less…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re continuing our exploration of companies that have reached…
Startups
Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts
12:01 am PST • January 15, 2020
The venture-backed insurance world is more than the Lemonades and MetroMiles of the world. There’s more room in the industry for startups to shake things up. One such company, Cambridge-based…
Startups
A look inside Visa’s shareholder presentation for the $5.3B Plaid deal
9:25 am PST • January 14, 2020
Fresh off the news yesterday that Visa is buying fintech unicorn Plaid for $5.3 billion, the payments giant is making its case to its shareholders. Given the scale of the…
Security
Seattle’s ExtraHop expects $100M ARR in 2020, IPO the following year
8:28 am PST • January 14, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re continuing our series on companies that have reached…
Startups
Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation
2:06 pm PST • January 13, 2020
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but…
Transportation
Tesla surges past $500 on back of analyst upgrade, China momentum
8:42 am PST • January 13, 2020
Today in regular trading, shares of American electric car manufacturer Tesla surged past the $500 mark. Tesla, perhaps the most famous electric vehicle company in the world, has had a…
Startups
Casper’s IPO could be a bellwether for unprofitable startups in the post-WeWork era
8:20 am PST • January 13, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re working to figure something out, namely the tradeoffs…
