General Catalyst

With at least $1.3 billion invested globally in 2018, VC funding for blockchain blows past 2017 totals

Although bitcoin and blockchain technology may not take up quite as much mental bandwidth for the general public as it did just a few months ago, companies in the space continue to rake in capital fro

The 2017 TechCrunch Include Progress Report

This is the second annual TechCrunch Include Progress Report. Covering diversity and inclusion in the tech industry cannot be done in a vacuum. As aspects of identity are intersectional, so too should

General Catalyst just closed its biggest fund ever, as firms race to get bigger, fast

It happened in 2016, and it’s happening like clockwork again in 2018: Venture firms are closing new funds with more money than they ever have before, just two years after closing their most rece

Mayfield joins Velocity Network to connect enterprise startups with NYC execs

Last year two venture capital firms, General Catalyst and CRV, launched a program called the Velocity Network to get their startups in front of Fortune 500 executives in New York City. Today they ann

Bustle is raising roughly $30 million to go on a shopping spree

Bustle, the everything blog for millennial women, is hustling to close on around $30 million in new funding as it goes on the prowl for new acquisitions. It's a significant cash infusion for a compan

Outgoing American Express CEO Ken Chenault is joining General Catalyst

Ken Chenault, the outgoing CEO of American Express, is quickly building a platform in the startup world. Chenault announced plans to leave his position as the head of Amex last October, ending a 17-ye

Fractyl Labs raises $44 million in Series D to develop a treatment for type 2 diabetes

Fractyl Labs, a Lexington, Massachusetts-based startup developing treatments for diabetes, has raised $44 million in Series D financing from a slew of VC firms, including GV, True Ventures, the IDO Fu

Fifteen-year-old Black Duck Software gets its exit, selling to Synopsys for $565 million

Black Duck Software, a 15-year-old company whose products automate the process of securing and managing open-source software -- including detecting license compliance issues -- is being acquired by Sy

Brainly raises $14 million for its Quora-for-kids education tech

It may not be as cool as Elon Musk building a rocket ship to Mars, but every day 100 million kids ages 12 to 18 are using Brainly to ask and answer homework questions. That simple service, at that mas

Consumer internet startups go mainstream outside of Silicon Valley

In the past year, New York has reached a tipping point as consumer-facing startups proliferate and similarly Los Angeles is gaining notice with the success of Snap and Dollar Shave Club among others.

‘Athleisure’ brand Outdoor Voices closes $9 million in funding

Outdoor Voices, the ‘athleisure’ brand that wants to take on Lululemon, has closed a $9 million round of funding. The round was led by Mickey Drexler, with participation from a few strateg

Confirmed: Color Genomics is in the final stages of an $80 million Series C financing round

Genetic health screening startup Color Genomics has raised $52 million so far in what could end up totaling just over $81 million in equity financing, according to a recent SEC filing. Color is simila

NewStore raises $50 million for mobile commerce

Demandware founder Stephen Schambach has moved on to his next startup and investors are betting $50 million. NewStore, an enterprise platform for mobile commerce, has raised a Series B from Activant C

Justin Kan confirms $10.5 million in funding for his legal tech startup Atrium LTS

In April we reported that Justin.tv founder and Y Combinator alum Justin Kan had assembled a team to "disrupt the legal industry" and was raising $10 million to do so. This week Kan confirmed that the

Partnering with Urban Us, BMW MINI’s Urban-X reboots its urban tech incubator program

In the year since Urban-X launched as a partnership between BMW’s “MINIi” brand and the hardware accelerator HAX, the incubator has backed 17 new startups and learned several lesson

Upload VR startup raised $4.5 million Series A from Colopl, General Catalyst last year

Upload, which shifted the “UploadVR” brand to its media arm earlier this year, closed a funding round in September of last year raising $4.5 million, TechCrunch has learned. The timin

Phil Libin exits General Catalyst for All Turtles, a new AI ‘startup studio’

AI is one of the buzzwords of the moment in the world of tech, with startups coming at the concept from all angles — computer vision, machine learning, unstructured data inference and natural l

Cover raises $1.6 million to make in-law units easy to add to any backyard

Whether you call them granny units, in-laws or backyard studios, accessory dwelling units are rising in popularity in the U.S., in part due to new regulations that make it easier to obtain permits to

Grammarly raises $110 million for a better spell check

Some people really need help with grammar. To that end, Grammarly has been quietly building a freemium grammar checker to help students, writers and people who want to make a good impression on social

On-demand dog walking startup Wag quietly raised funding from General Catalyst and Sherpa Ventures

Earlier this week we wrote about how two big players in the pet-care business, Rover and DogVacay, decided to merge. Well, sources tell us that over the past two years Wag, another player in the dog-w
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