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Drata raises $25M Series A to expand its security compliance platform

5 years 4 months ago
Security compliance is precisely three things: incredibly boring, time consuming, and entirely necessary to run a business in the modern age. Compliance isn’t going away, but startups like Drata are making it slightly easier to bear. Drata helps companies get their SOC 2 compliance quicker by using automation. SOC 2 is a certification used to […]

How many lives does bitcoin have?

5 years 4 months ago
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 Danny, Alex, and a bunch of the TechCrunch crew took on the recent happenings in the world of bitcoin. In a break from our regular format, we recorded live from a Twitter […]

Salesforce, AWS announce extended partnership with further two-way integration

5 years 4 months ago
Salesforce and AWS represent the two most successful cloud companies in their respective categories. Over the last few years the two cloud giants have had an evolving partnership. Today they announced plans for a new set of integration capabilities to make it easier to share data and build applications that cross the two platforms. Patrick […]

PlanetScale raises $30M Series B for its database service

5 years 4 months ago
PlanetScale, the company behind the open-source Vitess database clustering system for MySQL that was first developed at YouTube, today announced that it has raised a $30 million Series B funding round led by Insight Partners, with participation from a16z and SignalFire. With this, the company has now raised a total of $55 million, according to […]

Pequity, a compensation platform designed for more equitable pay, raises $19M

5 years 4 months ago
Diversity and inclusion have become central topics in the world of work. In the best considerations, improving them is a holistic effort, involving not just conceiving of products with this in mind, but hiring and managing talent in a diverse and inclusive way, too. A new startup called Pequity that has built a product to […]

Vercel raises $102M Series C for its front-end development platform

5 years 4 months ago
Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital. Existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV also participated in this round, together with new investors 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger […]

TikTok’s Chinese nemesis Kuaishou hits 1 billion monthly users worldwide

5 years 4 months ago
It’s a big day for Kuaishou, TikTok’s largest rival in China. The Chinese short video company, known overseas for one of its video apps Kwai, announced it has sailed past the one billion monthly active user (MAU) mark. How big is that? Facebook’s MAUs stood at 2.85 billion as of March. TikTok was forecasted to […]

Mitiga raises $25M Series A to help organizations respond to cyberattacks

5 years 4 months ago
Israeli cloud security startup Mitiga has raised $25 million in a Series A round of funding as it moves to “completely change” the traditional incident response market. Mitiga, unlike other companies in the cybersecurity space, isn’t looking to prevent cyberattacks, which the startup claims are inevitable no matter how much protection is in place. Rather, […]

International coalition joins the call to ban ‘surveillance advertising’

5 years 4 months ago
An international coalition of consumer protection, digital and civil rights organizations and data protection experts has added its voice to growing calls for a ban on what’s been billed as “surveillance-based advertising”. The objection is to a form of digital advertising that relies upon a massive apparatus of background data processing which sucks in information […]

Golden Ventures raises $100M fourth fund and $20M opportunities fund

5 years 4 months ago
Canadian early stage venture firm Golden Ventures has raised its fourth fund, a $100 million pool of capital that it will use to invest in between 20 to 25 companies, as well as a $20 million ‘Opportunities Fund’ that it will use to make follow-on investments in standout performers among its portfolio. This is also […]

Aircall raises $120 million for its cloud-based phone system

5 years 4 months ago
Aircall has raised a $120 million Series D round led by Goldman Sachs Asset Management. Following today’s funding round, the company has reached unicorn status, which means it has a valuation above $1 billion — this is the 16th French unicorn. The startup has been building a cloud-based phone system for call centers, support lines […]

Chinese robotaxi unicorn WeRide bags over $600M in 5 months

5 years 4 months ago
It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds. The four-year-old upstart said in […]

Micromobility software provider Joyride raises $3.7 million seed round

5 years 4 months ago
Joyride, a Toronto-based company that provides white label apps, back-end analytics and multi-modal fleet management for shared micromobility startups, has raised $3.7 million — seed money that it says will help it reach a greater number of small, local operators.  The company, which operates in more than 160 markets in every continent besides Antarctica, has […]

Holy Grail raises $2.7M seed fund to create modular carbon capture devices

5 years 4 months ago
The founders of Holy Grail, a two-year-old startup based in Mountain View, California, are taking a micro approach to solving the outsized problem of capturing carbon. The startup is prototyping a direct air carbon capture device that is modular and small — a departure from the dozens of projects in the U.S. and abroad that […]
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