TechCrunch Startup News

TechCrunch
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Apr 15, 2019 • 4min

Armis nabs $65M Series C as IoT security biz grows in leaps and bounds

Armis is helping companies protect IoT devices on the network without using an agent, and it’s apparently a problem that is resonating with the market, as the startup reports 700 percent growth in the last year. That caught the attention of investors, who awarded them with a $65 million Series C investment to help keep accelerating that growth. Sequoia Capital led the round with help from new investors Insight Venture Partners and Intermountain Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 12, 2019 • 6min

WTF is Baillie Gifford?

The SoftBank Vision Fund has been screaming from the venture headlines the last few months, driven by eye-popping rounds (and valuations!) into some of the most notable startups around the world. Yet, SoftBank isn’t the only player rapidly buying up the cap tables of top startups. Indeed, another firm, more than a century old, has been fighting for that late-stage equity crown. Baillie Gifford . Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 12, 2019 • 4min

Public health startup Cityblock raises $65M Series B

Redpoint Ventures has led a $65 million Series B in Cityblock, a healthcare company focused on providing improved care to low-income neighborhoods. The business launched roughly 18 months ago out of Alphabet’s Sidewalk Labs, an urban innovation incubator known for projects like mobility data startup Coord, which itself raised a $5 million round in October. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 11, 2019 • 6min

Online used car startup Shift adds another $40M, snags COO in road to IPO

Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past several months — as the company aims to double its revenue this year. The recent activity, along with what executives have told TechCrunch is a diligent focus on unit economics, is all directed toward a larger objective to take the company public sometime in 2021. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 10, 2019 • 5min

Klaviyo raises $150M Series B after building company the old fashioned way

Klaviyo, a Boston-based email marketing firm founded in 2012, went about building its email marketing business the old fashioned way. First it built a profitable company, then it went looking for funding to accelerate the growth. Today, it announced a massive $150 million Series B with the entire sum coming from Summit Partners. The company had raised just $8.5 million before today’s announcement. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 10, 2019 • 8min

New privacy assistant Jumbo fixes your Facebook & Twitter settings

Jumbo could be a nightmare for the tech giants, but a savior for the victims of their shady privacy practices. Jumbo saves you hours as well as embarrassment by automatically adjusting 30 Facebook privacy settings to give you more protection, and by deleting your old tweets after saving them to your phone. It can even erase your Google Search and Amazon Alexa history, with clean up features for Instagram and Tinder in the works. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 9, 2019 • 13min

Scaling a nonprofit, startup style

It’s been a year since All Raise emerged with the support of dozens of venture capital’s most powerful women. The 34 founding members had a lofty goal: Double the capital going to female founders in five years and double the representation of female VCs in 10 years. After a few experiments, some trial and error and the first-of-its-kind Women Who Venture Summit, All Raise cemented its reputation as a force for change in Silicon Valley. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 9, 2019 • 5min

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announceda partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, South-Asia and Latin America. Branch — which has 150 employees in San Francisco, Lagos, Nairobi, Mexico City and Mumbai — makes loans starting at $2 to individuals in emerging and frontier markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 8, 2019 • 3min

The Wing poaches Snap’s comms director

Women-focused co-working space The Wing has hired Rachel Racusen as vice president of communications. Racusen has been the director of communications at Snap, the developer of Snapchat, since late 2016. Racusen’s exit represents the latest in a series of departures at the “camera company.” Earlier this year, the company’s chief financial officer Tim Stone stepped down. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Apr 5, 2019 • 8min

Torch take $10M to teach empathy to executives

When everyone always tells you ‘yes’, you can become a monster. Leaders especially need honest feedback to grow. “If you look at rich people like Donald Trump and you neglect them, you get more Donald Trumps” says Torch co-founder and CEO Cameron Yarbrough about our gruff president. His app wants to make executive coaching (a polite word for therapy) part of even the busiest executive’s schedule. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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