Instagram’s co-founders introduce a new social app…for news reading

Can lightning strike twice? That’s apparently the question being raised today with the public introduction of the next social app built by Instagram’s co-founders, Kevin Systrom and Mike Krieger. The duo launched a new venture to explore social apps, according to a report published in The Verge, which includes the debut product Artifact, a personalized … Read more

Spotify’s third-party billing option has now reached over 140 global markets

In its fourth-quarter earnings, Spotify announced today its User Choice Billing program has now expanded to more than 140 markets worldwide, allowing the streaming music service to reduce the commissions it pays to Google over Play Store purchases associated with its Android app. The User Choice Billing pilot program gives Android users the option to … Read more

TrueBiz aims to help financial services providers onboard business customers faster, avoid fraud

Due diligence was a big topic in 2022 for a variety of reasons. But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. Businesses, especially those operating in financial services, also have to conduct an appropriate amount of due diligence, for example, to avoid fraud. As recently as … Read more

Brazilian online grocery deliverer Diferente secures $3M to increase customers’ access to healthier food

When you live very far away from a grocery store, we’re talking like an hour and may include catching several buses or a rideshare, it can be difficult to make the weekly trip in. Enter Diferente, which touts itself as “the largest subscription foodtech for fresh organic produce in Brazil.” Former James Delivery founder Eduardo … Read more

Bitcoin-based app Strike expands in Philippines to grow cross-border payment solutions

Strike, a Bitcoin-based payment network and financial app, is expanding to the Philippines to grow cross-border payments and remittance markets. “The Philippines is one of the biggest remitting markets in the world, especially from the United States,” Jack Mallers, CEO of Strike, said to TechCrunch. In 2021, about $12.7 billion in cash remittances was sent … Read more

Cleary raises $4.5M to reinvent the intranet

When you hear the word ‘intranet,’ chances are your mind is conjuring up images of badly designed internal communications platforms from the early aughts: a place for your internal communications team to post announcements you’re not going to read. To some degree, that hasn’t changed, but employee expectations have — and so has the work … Read more

Linktree adds new monetization options, including a ‘Buy Me a Gift’ feature

Linktree, the popular link-in-bio startup, is continuing to build more tools to help creators make money on its platform. The company announced today that it’s introducing three new monetization features designed to help users turn their Linktree into a stronger earnings channel. First, Linktree is launching a new “Buy Me a Gift” button that is … Read more

Warner Bros. Discovery reaches deals with Roku and Tubi to license 2,000 hours of content, including ‘Westworld’

Warners Bros. Discovery has reached deals with Roku and Tubi to license 2,000 hours of movies and TV shows, the companies announced on Tuesday. The deal will bring Warner Bros. branded free, ad-supported channels to the two streaming services. The channels will feature many popular titles, including HBO’s “Westworld,” which was recently removed from the HBO … Read more

NetApp, a specialist in cloud data management, says it will lay off 8%, or around 960, people, citing economic climate

NetApp, one of the big players in cloud data management, today announced that it would lay off 8% of its staff, citing “macroeconomic challenges and the reduced spending environment” in the current market. The company is estimated to employ about 12,000 people globally, so this will work out to around 960 people impacted. NetApp said … Read more

Select Star closes $15M round to add context to disparate data

Select Star, a startup providing data discovery, lineage and governance tools to mostly enterprise organizations, today announced that it raised $15 million in a Series A round led by Lightspeed Venture Partners with participation from Bowery Capital, Sozo Ventures and Pebblebed. The fresh cash brings the company’s total raised to $20 million, and CEO Shinji … Read more

How to cut your SaaS spending by 30% in 2023

Eldar Tuvey Contributor Share on Twitter As the founder and CEO of SaaS purchasing platform Vertice, Eldar Tuvey is responsible for driving the company’s strategic direction and growth. The current state of affairs paints a concerning picture for SaaS buyers. Our data shows that the SaaS inflation rate is around four times higher than the … Read more

Apple HomePod (2023) review

Welcome to the dark night of the smart speaker. A few years back, the category felt inevitable — and, frankly, why not? We’ve smartened our phones and watches. Why shouldn’t our homes be the next step? For decades, many looked longingly at home automation. Smart blinds that opened with your alarm clock might as well … Read more

Orbital Sidekick raises $10M to bring hyperspectral imaging to oil and gas pipeline monitoring

Historically, oil and gas companies have monitored pipeline leaks using inefficient, expensive methods: workers equipped with handheld optical gas imaging cameras, for example. Or, as Orbital Sidekick CEO Dan Katz put it in a recent interview with TechCrunch, “a young pilot sticking their head out the window of a crop-duster.” “There’s really no persistent, objective, … Read more

Capella Space launches defense-focused subsidiary as demand for satellite imagery soars

Satellite imagery startup Capella Space is establishing a subsidiary aimed at serving U.S. government customers, as it seeks to fulfill growing demand from intelligence and defense organizations for its synthetic aperture radar tech. Capella is no stranger to working with the government. The company was founded almost seven years ago, and in that time it … Read more

Google Fi says hackers accessed customers’ information

Google’s cell network provider Google Fi has confirmed a data breach, likely related to the recent security incident at T-Mobile, which allowed hackers to steal millions of customers’ information. In an email sent to customers on Monday, obtained by TechCrunch, Google said that the primary network provider for Google Fi recently informed the company that … Read more

When to build a freemium plan and how to get it right

Konstantin Valiotti Contributor Share on Twitter Konstantin Valiotti is product director of growth at PandaDoc. The journey new users go through when using your product directly affects how the product is evaluated and how it is perceived. The business model you choose strongly influences the entire funnel, enabling or preventing you from engaging certain types … Read more

Tech Nation looks for new home as UK Gov hands tech ecosystem contract to Barclays

After over ten years in operation, Tech Nation, the UK’s government-sanctioned ecosystem builder for UK tech startups and growth tech companies is to cease operations after losing its grant funding to a programme run by Barclays Bank Eagle Labs. The team behind the non-profit, which derived the bulk of its funding from the UK government, … Read more

Fairphone nabs $53M in growth capital for ‘sustainable’ consumer electronics

Dutch social enterprise Fairphone, which makes modular and — the claim is — more sustainable and ethical consumer electronics, has nabbed a chunk of funding to continue scaling a circular-economy-aligned smartphone business. The €49 million (~$53M) “growth capital” investment — from an international consortium of impact investors, led by new shareholders Invest-NL, the ABN AMRO … Read more

Guardz emerges from stealth with $10M for SMB security and cyber insurance to protect against attack-as-a-service breaches

Small and medium businesses have become a growing target for malicious online hackers in recent years, currently accounting for between 43% and 61% of all security breaches and some $7 billion annually in related losses, according to different estimates. Today, a startup called Guardz is emerging from stealth with a two-part offering aimed at protecting … Read more

Finley closes $17M to turn 100-page debt capital agreements into software-managed code

As venture capital investments slowed down in 2022, some startups turned to private credit, including debt capital, as a way to supplement their operations in the meantime. However, the policies and procedures paperwork that goes with these deals aren’t always easy to understand. Finley CEO Jeremy Tsui told TechCrunch that private credit is a $1.2 … Read more

Identity management platform Saviynt secures $205M in debt, appoints new CEO

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt, which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. Founder Sachin Nayyar, who returned to Saviynt as CEO this week alongside newly-appointed … Read more