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Showing posts from October, 2020

Cloud video surveillance company Eagle Eye Networks raises $40M Series E from Accel to invest in new AI projects such as license plate recognition (Christine Hall/Crunchbase News)

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Christine Hall / Crunchbase News : Cloud video surveillance company Eagle Eye Networks raises $40M Series E from Accel to invest in new AI projects such as license plate recognition   —  Eagle Eye Networks, a cloud video surveillance company, raised $40 million in Series E funding from Accel to advance its platform. from Techmeme https://ift.tt/35QezhD

StackHawk, whose tech helps developers find application security vulnerabilities before they get into production, raises $10M Series A led by Sapphire Ventures (Nick Greenhalgh/Denver Business Journal)

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Nick Greenhalgh / Denver Business Journal : StackHawk, whose tech helps developers find application security vulnerabilities before they get into production, raises $10M Series A led by Sapphire Ventures   —  With a successful beta at its back and paying customers onboard, Denver application security startup StackHawk announced Tuesday … from Techmeme https://ift.tt/34IUACc

Wise, a fintech startup that partners with other companies so that they can offer business bank accounts to their own customers, raises $12M Series A (Romain Dillet/TechCrunch)

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Romain Dillet / TechCrunch : Wise, a fintech startup that partners with other companies so that they can offer business bank accounts to their own customers, raises $12M Series A   —  Fintech startup Wise has raised a $12 million Series A round.  The company offers business bank accounts with an interesting go-to-market strategy. from Techmeme https://ift.tt/3jMsYAv

Skan, which helps enterprises automate repetitive business processes by combining data engineering with computer vision, raises $14M Series A (Kyle Wiggers/VentureBeat)

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Kyle Wiggers / VentureBeat : Skan, which helps enterprises automate repetitive business processes by combining data engineering with computer vision, raises $14M Series A   —  Skan.ai, an AI-enabled process discovery and operational intelligence platform, today closed $14 million in funding. from Techmeme https://ift.tt/3mEqqWP

DriveWealth raises $56.7M Series C for its digital brokerage services that help broker-dealers and its global online partners access the US securities market (FinSMEs)

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FinSMEs : DriveWealth raises $56.7M Series C for its digital brokerage services that help broker-dealers and its global online partners access the US securities market   —  DriveWealth, LLC, a Chatam, N.J.-based global digital trading technology company, raised $56.7m in Series C funding. from Techmeme https://ift.tt/34IyZtE

The Internet Archive starts adding banners on some Wayback Machine pages with links that provide contextual information from fact-checking organizations (Mark Graham/Internet Archive Blogs)

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Mark Graham / Internet Archive Blogs : The Internet Archive starts adding banners on some Wayback Machine pages with links that provide contextual information from fact-checking organizations   —  Fact checking organizations and origin websites sometimes have information about pages archived in the Wayback Machine. from Techmeme https://ift.tt/2TJwhxv

Forty-six top US companies including Apple, Google, and Twitter have filed an amicus brief supporting a legal challenge to block Trump admin's H-1B visa changes (Nandita Mathur/Livemint)

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Nandita Mathur / Livemint : Forty-six top US companies including Apple, Google, and Twitter have filed an amicus brief supporting a legal challenge to block Trump admin's H-1B visa changes   —  - The move comes in the wake of the US administration's proposal to scrap the computerized lottery system to grant H-1B work visas … from Techmeme https://ift.tt/3jUch6h

Odaseva, a France-based data protection services provider for large-scale Salesforce customers, raises $25M Series B led by Eight Roads Ventures (Annie Musgrove/Tech.eu)

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Annie Musgrove / Tech.eu : Odaseva, a France-based data protection services provider for large-scale Salesforce customers, raises $25M Series B led by Eight Roads Ventures   —  French SaaS company Odaseva has raised $25 million in Series B funding to continue growing its data governance platform for enterprise. from Techmeme https://ift.tt/3kLXBHf

Profile of Shield AI, which raised money from a16z and others to develop autonomous military drones that scan buildings to help soldiers clear them (Elliott Ackerman/Wired)

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Elliott Ackerman / Wired : Profile of Shield AI, which raised money from a16z and others to develop autonomous military drones that scan buildings to help soldiers clear them   —  On the battlefield, any doorway can be a death trap.  A special ops vet, and his businessman brother, have built an AI to solve that problem. from Techmeme https://ift.tt/320EYIq

StrongDM, which grants and mediates user access to enterprise backend infrastructure and logs user actions in video replay, raises $17M Series A led by Sequoia (Igor Bosilkovski/Forbes)

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Igor Bosilkovski / Forbes : StrongDM, which grants and mediates user access to enterprise backend infrastructure and logs user actions in video replay, raises $17M Series A led by Sequoia   —  StrongDM, a single sign-on company for backend infrastructure, announced today that it has raised $17 million in Series A led by Sequoia Capital. from Techmeme https://ift.tt/3jEVRhS

Human Capital: Uber Eats hit with claims of ‘reverse racism’

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With less than one week left until the election, DoorDash made a late contribution of $3.75 million to try to ensure California’s gig worker ballot measure Prop 22 passes. Meanwhile, Coinbase is looking for a head of diversity and inclusion and Uber was hit with claims of reverse racism. All that and more in this week’s edition of Human Capital, a weekly newsletter where we unpack all-things labor and D&I. To receive this in your inbox every Friday at 1 p.m. PT, be sure to sign up here . Let’s jump in. Employees at surveillance startup Verkada reportedly used tech to harass co-workers Oof. Just when we thought we were safe from surveillance, we’ve found yet another reason not to trust people with facial recognition tech. Just to be clear, the first part of that was sarcasm. Anyway,  Vice reported earlier this week  that some Verkada employees used the startup’s tech to take photos of their female colleagues and then made sexually explicit jokes. When other employees reporte

Is Wall Street losing its tech enthusiasm?

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This is The TechCrunch Exchange, a newsletter that goes out on Saturdays,  based on the column of the same name . You can sign up for the email  here . Over the past few months the IPO market made it plain that some public investors were willing to pay more for growth-focused technology shares than private investors. We saw this in both strong tech IPO pricing — the value set on companies as they debut — and in resulting first-day valuations , which were often higher. One way to consider how far public valuations rose for tech startups, especially those with a software core in 2020, is to ask yourself how often you heard about a down IPO this year. Maybe a single time? At most? (You can catch up on 2020 IPO performance here , if you need to.) IPO enthusiasm exposed a gap between what many venture capitalists and private investors were paying for tech shares, and what the public market was doing with its own valuation calculations. Insurtech startup Hippo’s $150 million private

MG Siegler talks portfolio management and fundraising 6 months into the COVID-19 pandemic

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This week, GV General Partner (and TechCrunch alum) MG Siegler joined us on Extra Crunch Live for a far-ranging chat about what it takes to foster a good relationship between investor and startup, how portfolio management and investing has changed as the COVID-19 crisis drags on, and what Siegler expects will and won’t stick around in terms of changes in behavior in investment and entrepreneurship once the pandemic passes. We last caught up with Siegler on the heels of his investment in Universe , a mobile-focused, e-commerce business-building startup. The coronavirus pandemic was relatively new and no one was sure how long it would last or what measures to contain it would look like. Now, with a few months of experience under his belt, Siegler told me that things have relatively settled into a new normal from his perspective as an investor – sometimes for worse, sometimes for better, but mostly just resulting in differences that require adaptation. This select transcript has been ed

The 2020s promise better tech solutions to humanity’s biggest problems

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Editor’s note:   Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT).  Subscribe here . Let’s think beyond Monday, for a minute, to the trends playing out in technology this coming decade. While humanity’s problems have never been greater, our tools have never been better. Here’s more, from Danny Crichton : The 2010s were all about executing on the dreams of mobile, cloud, and basic data. Those ideas had historical antecedents going back in some cases decades or more (Vannevar Bush’s description of the internet dates to the 1940s, for instance). But for the first time, we had the infrastructure and the users to actually build these products and make them useful. It was quite possibly the most extensive greenfield opportunity in the history of technology. Yet, that greenfield is increasingly fallow. Business has cycles and seasonality as much as media reporting does. The easy stuff has been done. Building an app to text

Intel launches new Iris Xe Max discrete GPU, with first laptops now available from Acer, Dell, and Asus (Monica Chin/The Verge)

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Monica Chin / The Verge : Intel launches new Iris Xe Max discrete GPU, with first laptops now available from Acer, Dell, and Asus   —  Try out Intel's new discrete GPU  —  Earlier this month, the public got its first glimpse of Iris Xe Max, Intel's new discrete GPU for thin-and-light laptops, at an Acer press event. from Techmeme https://ift.tt/3jHYWxz