Benchmark

Computer vision researchers build an AI benchmark app for Android phones

A group of computer vision researchers from ETH Zurich want to do their bit to enhance AI development on smartphones. To wit: They’ve created a benchmark system for assessing the performance of

Benchmark’s Mitch Lasky will reportedly step down from Snap’s board of directors

Benchmark partner Mitch Lasky, who has served on Snap’s board of directors since December 2012, is not expected to stand for re-election to Snap’s board of directors and will thus be step

Good Eggs raises $50M and eyes West Coast expansion

Good Eggs, the food delivery service that promises “absurdly fresh” groceries and meal kits, has raised $50 million in new funding. That looks like a big turnaround from 2015, when the com

Timescale is leading the next wave of NYC database tech

Data is the lifeblood of the modern corporation, yet acquiring, storing, processing, and analyzing it remains a remarkably challenging and expensive project. Every time data infrastructure finally cat

Benchmark just funded Chainalysis, the crypto intelligence company that helped crack the Mt. Gox case

When the virtual currency exchange Mt. Gox collapsed into bankruptcy in 2014 following the disappearance of hundreds of thousands of bitcoins and tens of millions of dollars, those who lost money were

Crunch Report | MoviePass pulls out of 10 AMC theaters

Google experiments in local news, MoviePass pulls out of AMC theaters and the Kalanick-Benchmark lawsuit has officially been dismissed. All this on Crunch Report.

Uber’s Frankenboard arrives

Today was a momentous day in Uber history. After much debate, rumors and strife over the past few weeks, it looks like the company and its shareholders have come to an agreement over a tender offer th

Ex-Zynga execs raise $15 million for their new gaming studio, Manticore Games

In the eight years since Frederic Descamps and Jordan Maynard launched their last gaming startup, the industry they helped shape now brings in more than $100 billion in revenues globally. There's been

Benchmark just funded a stealthy AI company founded by Qualcomm’s former head of R&D

Nayeem Islam has spent the last eight years with chipmaker Qualcomm, where he founded its Silicon Valley-based R&D facility, recruited its entire team and oversaw research on all aspects of securi

Benchmark-Kalanick Uber board suit sent to arbitration

Today, a Delaware court ruled in the favor of former Uber CEO Travis Kalanick, who asked that a case brought against him by early Uber investor Benchmark be moved to arbitration, allowing him to avoid

Travis Kalanick says Benchmark’s claims are ‘fabricated allegations’

Travis Kalanick, former CEO of Uber, filed a document today arguing the case involving Benchmark Capital should move to arbitration. This filing reiterates Kalanick's earlier argument that Benchmark's

Pishevar intervenes in Benchmark-Kalanick lawsuit

Early Uber investor and former board member Shervin Pishevar is speaking out against Benchmark again. This time, he penned a letter to Uber’s board, demanding that Benchmark Capital drop its law

Crunch Report | Benchmark vs Kalanick Goes Sour

Reddit is rolling out its own video platform, VR adtech company Immersv raises $10.5 million and Benchmark versus Kalanick goes sour. All this on Crunch Report

Travis Kalanick strikes back against Benchmark lawsuit, calling it a ‘public and personal attack’

Uber co-founder, former CEO and current board member Travis Kalanick fired back at Benchmark Capital in legal documents filed Thursday, arguing that the venture capital firm’s lawsuit was initia

Benchmark: We should have sued Kalanick sooner

The saga between the powerhouse venture firm Benchmark  and former Uber CEO Travis Kalanick continues. Following last week's lawsuit revelation, Benchmark penned a public letter to Uber employees exp

Uber investor Shervin Pishevar petitions Benchmark to step down from board and sell some of its stock

Shortly after a group of Uber shareholders asked Benchmark to relinquish its spot on Uber’s board of directors, Sherpa Capital’s Shervin Pishevar is petitioning Benchmark via Change.org to

Crunch Report | Benchmark Sues Travis Kalanick

Benchmark is sueing Travis Kalanick, SoundCloud gets a cash infusion and Facebook buys Fayteq. All this on Crunch Report.

Uber board ‘disappointed’ by Benchmark’s lawsuit against former CEO

The Uber saga continues, and the board of directors has weighed in on the brewing battle between early investor Benchmark and former CEO Travis Kalanick. In wake of a lawsuit filed by Benchmark again

Uber shareholder group asks Benchmark to step down from board following Kalanick suit

In what is rapidly devolving into an all-out brawl on the board of the world's highest-valued private company, a group of Uber shareholders have asked the venture capital firm Benchmark to step down f

What was Benchmark thinking?

Yesterday, Benchmark, the powerful venture firm and a major Uber shareholder, filed a lawsuit against the company's recently ousted CEO Travis Kalanick in a remarkable move. The suit seeks to remov
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