Latch was a pretty good name for a startup. One could make the argument that it doesn’t exactly say what it does on the tin, but no one shops at the Apple Store looking for produce. Soon, however, L
Jamie Siminoff has been busy. The Ring founder quietly exited the advisor role he took back in March after exiting the brand’s CEO role. He had been at Amazon since its 2018 acquisition of the f
It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hop
Latch, a proptech smart lock company that raised $152 million in known private capital before debuting on the stock market through a SPAC last year, is conducting another round of layoffs. Earlier thi
Unfortunately, there’s more where last week came from. Following last week’s slew of layoffs in tech, this week had another dose of staff cuts across tech companies. Impact was felt across
Latch CFO Garth Mitchell is leaving the company less than a year after he assumed the role and led the company’s public market debut through a special purpose acquisition vehicle, or SPAC, an accide
Why are companies that went public via SPACs struggling? Did they catch a headwind from changing market conditions that previously pushed them forward? You bet. But the damage is also self-inflicted.
"I think when money's chasing money, you don't want to be the last guy holding the money. You want to be the chase."
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. For this week’s deep dive Natasha and Alex and Chris dug into
Let’s discuss IPOs this morning to fully understand where we stand today in the realm of unicorn liquidity.
Choosing which option is best from a buffet's worth of possibilities is an interesting task for startup CEOs and their boards.
This week, Latch becomes the latest company to join the SPAC parade. Founded in 2014, the New York-based company came out of stealth two years later, launching a smart lock system. Though, like many c
Latch is an enterprise SaaS company that makes keyless-entry systems for buildings; Sunlight Financial offers point-of-sale financing for residential solar systems.
Tech that powers physical spaces is in the midst of a growth spurt. One company in the mix, Latch, is today announcing the next phase of the company with the launch of LatchOS. Latch was founded back
After launching apparently successful pilot runs in San Francisco and New York, UPS announced today plans to expand its in-building delivery service to 10 additional U.S. cities. In mid-2019, the parc
Latch announced this morning that it has raised $70 million in Series B funding. The round was led by Brookfield Ventures, the investment arm of Brookfield Asset Management. As part of the deal, Brook
Auxetics are materials that store energy internally rather than bulging out. In this way they can store more energy when squeezed or struck and disperse it more regularly. Historically, however, these
UPS has been quietly testing a program that lets the shipping service deliver packages inside multi-unit homes while occupants are out. The service utilizes smart locks created by Latch, a New York-
In July b2b smart access startup Latch announced a partnership with ecommerce platform Jet.com to install 1,000 of its smart locks on residential apartment buildings in New York. It's now announced t
Enterprise-grade smart lock startup Latch has added a third product to its portfolio. The 'Latch C' is notable as its first smart lock to be certified to work with Apple's HomeKit.
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