Daily Crunch: Byju’s founder chips in toward $800M funding round to reach $22B valuation
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Google asks a judge to dismiss Texas antitrust lawsuit about its ad business
Google filed a motion Friday asking a federal court to dismiss most of the counts in an antitrust lawsuit led by the state of Texas. In the filing, the company argued that the Texas lawsuit isn’
US hacker jailed for role in multimillion-dollar SIM swapping campaign
The final member of an international hacking group known as ‘The Community’ has been sentenced for his role in a multimillion-dollar SIM hijacking campaign, the U.S. Department of Justice (DOJ) an
Utah’s Podium raises pre-IPO round, boosting its valuation to $3 billion
We won't know how special Podium truly is till it coughs up some new numbers.
A security bug in health app Docket exposed COVID-19 vaccine records
A security bug in the health app Docket exposed the private information of residents vaccinated against COVID-19 in New Jersey and Utah, where the app received endorsements from state officials. Docke
Pattern bags $225M; CEO says e-commerce accelerators ‘will win the day’ over aggregators
Pattern’s platform works with brands to accelerate sales by buying inventory, figuring out gaps are in sales, optimizing it across marketplaces and identifying insights for boosting margins.
Howard University cancels classes after ransomware attack
Washington, D.C’s Howard University has canceled classes after becoming the latest educational institution to be hit by a ransomware attack. The incident was discovered on September 3, just weeks af
Google faces a major multi-state antitrust lawsuit over Google Play fees
A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumer
Accel closes on $3B across three funds as it ramps up global investing
Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. Notably, the
Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth
Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included partic
Square’s bank arm launches as fintech aims ‘to operate more nimbly’
Known for its innovations in the payments sector, Square officially now has a bank. Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square
Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday th
Ancestry says it fought two police requests to search its DNA database
Consumer genomics company Ancestry has confirmed it fought two U.S. law enforcement requests to access its DNA database in the past six months, but that neither request resulted in turning over custom
Two $50M-ish ARR companies talk growth and plans for the coming quarters
This group of companies are what we're calling our $50 million annual recurring revenue (ARR) group, though we're not too strict on that revenue figure.
The big question on every startup’s mind for 2021
My big question for 2021, and the one that is on every startup’s mind, is how will a cataclysmic event such as a global pandemic show up in post-pandemic innovation? I think we’re in the early
The future of retail and office space is up in the air, and proptech investors are optimistic
The malls and grocery stores of the 20th century are being converted into industrial conveyor belts of goods and services traveling from the internet to your home.
Decrypted: Uber’s former security chief charged, FBI’s ‘vishing’ warning
A lot happened in cybersecurity over the past week. The University of Utah paid almost half a million dollars to stop hackers from leaking sensitive student data after a ransomware attack. Two major A
As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund
Derek Norton and Jeremy Milken have known each other for twenty years. Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each
3 perspectives on the future of SF and NYC as startup hubs
It has been an incredibly tough period for everyone the past few months as the global COVID-19 pandemic has wiped out whole industries from the economic map. While tech has been among the most resilie
Cake brings a Swedish take on e-motorcycle design to the US
Cake has crafted the Swedish edition of electric motorcycle design starting in the dirt. The Stockholm-based mobility startup’s debut, the Kalk OR, is a 150-pound, battery-powered two-wheeler engine