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Avalanche raises $230 million from private sale of AVAX tokens

5 years ago
Avalanche, a relatively new blockchain with a focus on speed and low transactions costs, has completed a $230 million private sale of AVAX tokens to some well-known crypto funds. Polychain and Three Arrows Capital are leading the investment. The Avalanche Foundation completed the private sale back in June 2021 and is disclosing it today. Other […]
Romain Dillet

Google’s R&D division experiments with newsletters powered by Google Drive

5 years ago
Following entries into the newsletter market from tech companies like Facebook and Twitter, Google is now experimenting with newsletters, too. The company’s internal R&D division, Area 120, has a new project called Museletter, which allows anyone to publish a Google Drive file as a blog or newsletter to their Museletter public profile or to an […]
Sarah Perez

FTC says health apps must notify consumers about data breaches — or face fines

5 years ago
The U.S. Federal Trade Commission (FTC) has warned apps and devices that collect personal health information must notify consumers if their data is breached or shared with third parties without their permission. In a 3-2 vote on Wednesday, the FTC agreed on a new policy statement to clarify a decade-old 2009 Health Breach Notification Rule, […]
Carly Page

Lucid Air snags the longest range EV title, surpassing Tesla

5 years ago
Lucid Group, the all-electric automaker slated to go public this year, said Thursday that one variant of its upcoming luxury Air sedan has an EPA range of more than 520 miles. The official rating of the Lucid Air Dream Edition Range variant pushes Lucid past Tesla, a company that has long dominated in this category. […]
Kirsten Korosec

Elodie Games obtains $32.5M round to make social co-op gaming better

5 years ago
During the darkest hours of the pandemic, millions upon millions of people turned to online gaming as a way to pass time in lockdown and connect with friends they couldn’t see in person. But a social, cooperative, fun and cross-platform gaming experience is remarkably hard to find — and Elodie Games is here to change […]
Devin Coldewey

GoPro debuts the HERO10 Black action camera

5 years ago
GoPro today announced a new flagship action camera for its lineup, the HERO10 Black. The main update for the camera is a brand new processor inside, called the GP2, which enables big improvements to image quality and video captures, including recording at 5.3K revolution at up to 60 frames per second, 4K video capture bumped […]
Darrell Etherington

Mynd raises $57.3M at an $807M valuation to give people a way to invest in rental properties remotely

5 years ago
Mynd, a company that aims to make it easier for people to buy and manage single-family rental properties, announced today it has raised $57.3 million in funding from QED Investors. The financing values the Oakland, California-based company at $807 million, and brings the company’s total raised to $174.9 million since its 2016 inception. Invesco Real […]
Mary Ann Azevedo

Self Financial raises $50M to help the subprime consumer build credit and savings at the same time

5 years ago
Self Financial, a fintech company that aims to help consumers build credit and savings at the same time, announced today it has raised $50 million in Series E funding. Altos Ventures led the financing, which also included participation from Meritech Capital and Conductive Ventures and brings the Austin-based startup’s total raised to $127 million since […]
Mary Ann Azevedo

Tile secures $40 million to take on Apple AirTag with new products

5 years ago
Tile, the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic, announced today it has raised $40 million in non-dilutive debt financing from Capital IP. The funding will be put towards investment in Tile’s finding technologies, ahead of the company’s plan to unveil a new slate of products and features […]
Sarah Perez

Salesforce announces new Mulesoft RPA tool based on Servicetrace acquisition

5 years ago
When Salesforce announced it was buying German RPA vendor Servicetrace last month, it seemed that it might match up well with Mulesoft, the company the CRM giant bought in 2018 for $6.5 billion. Mulesoft, among other things, helps customers build APIs to legacy systems, while Servicetrace provides a way to add automation to legacy systems. […]
Ron Miller
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