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With 5 new unicorns in first week of 2021, are we in for a stampede this year?

5 years 10 months ago
What a week. Democracy is still standing and the nation is getting back to work, so let’s press forward, even if it does feel surreal to cover business news after witnessing a live-streamed coup attempt. Setting aside the tectonic political moment, there’s plenty of activity inside the world of startups we need to discuss. The […]

Endeavor BioMedicines raises $62 million to combat pulmonary disease

5 years 10 months ago
A new startup has officially emerged from stealth with the raise of its $62 million Series A funding round. Endeavor BioMedicines is led by co-founder and CEO John Hood, who previously led Impact Biomedicines, and its new funding comes from Omega Funds and Longitude Capital, as well as the company’s own management team. Endeavor is […]

Twitter will reinstate Trump’s account following his deletion of tweets

5 years 10 months ago
A Twitter spokesperson has confirmed with TechCrunch this morning that Trump has deleted three tweets that led to the temporarily suspension of this account last night. Twitter locked the account pending deletion of the offending tweets on Wednesday following the riot and siege of the Capitol building in Washington, D.C., and said that the suspension […]

Mark Zuckerberg announces Trump banned from Facebook and Instagram for ‘at least the next two weeks’

5 years 10 months ago
Facebook CEO Mark Zuckerberg has announced via his platform that Donald Trump will be blocked from using both Facebook and Instagram “for at least the next two weeks until the peaceful transition of power is complete.” The company blocked his accounts temporarily on Wednesday following Trump’s posting on content that incited his followers to violence, […]

Elon Musk has a new title: world’s richest person

5 years 10 months ago
Elon Musk, the controversial and enigmatic entrepreneur who heads up SpaceX and Tesla, has reached a status that only three others have held in the past two decades: world’s richest person. On his way to the top spot, Musk has surpassed a bevy of billionaires this year, including Warren Buffet and Bill Gates. He reached […]

Roblox raises at $29.5 billion valuation, readies for direct listing

5 years 10 months ago
Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $520 million raise led by Altimeter Capital and Dragoneer Investment Group is a significant cash influx […]

Lenovo’s new all-in-one has a swiveling screen, because sure, why not?

5 years 10 months ago
Leave it to Lenovo to give the world a swiveling all-in-one. It’s kind of the company’s M.O. – not always the most necessary or practical, but never not interesting. When it comes to fairly staid product categories like this, I’m all for trying something a little weird. And hey, in a world of convertible and […]

OKR-focused Gtmhub raises $30M Series B after growing 3x in 2020

5 years 10 months ago
This morning Gtmhub, a multinational startup that builds software to help other companies manage their corporate planning, announced that it has raised a $30 million Series B. The round was led by Insight, and included both participation from new investor Singular, and prior investors LauncHub and CRV. Gtmhub raised capital around 13 months ago, a […]

Samsung simplifies with a lower-price premium Chromebook

5 years 10 months ago
Happy almost CES! Sure the year’s biggest consumer electronics show hasn’t officially kicked off, but, well, what do such arbitrary signposts really mean in a year like 2021, right? Samsung just dropped what’s almost certainly one of its biggest pieces of news for the show, with the arrival of the Galaxy Chromebook 2. The two-in-one […]

Local news app News Break raises $115M

5 years 10 months ago
The popular news app News Break is announcing that it has raised $115 million in new funding. The press release claims this round makes News Break “one of the first new unicorns of 2021,” but the startup declined to disclose its actual valuation. Founder and CEO Jeff Zheng said that when he started the company […]

Glia raises $78M for its integrated, hands-on, AI-based customer service platform

5 years 10 months ago
The ongoing push for social distancing to slow the spread of Covid-19 has meant that more people than ever before are using internet-based services to get things done. And that is having a direct impact on digital customer service, which is seeing unprecedented traffic and demands when things are not running smoothly. Today, one of […]

Lacework lands $525M investment as revenue grows 300%

5 years 10 months ago
As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to secure their cloud native workloads. The company reported that revenue grew 300% year over year for the second straight year. It […]
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