The city of Toronto is going to start operating autonomous shuttles on a trial basis, through an agreement with Local Motors that will see that company’s Olli 2.0 all-electric self-driving shuttle ferry passengers beginning in Spring 2021. The trial is being conducted with Pacific Western Transportation, a transportation operations company, and each ride over the […]
Just months after it announced a $33 million Series B, Chicago-based M1 Finance today disclosed a $45 Series C. The new financing event was led by Left Lane Capital, the same investor that led M1’s Series B. Bear in mind that so-called inside rounds are now a bullish sign in 2020, as opposed to in prior […]
Electric car company Lucid finally revealed the price of its least expensive vehicle and it will start at $77,400. US buyers also qualify for a $7,500 tax credit making the vehicle eventually cost $69,900. This version of the Lucid Air comes rightfully less equipped than its more expensive counterparts. For $77,400 buyers get a 480 […]
Atlassian has been offering collaboration tools, often favored by developers and IT for some time with such stalwarts as Jira for help desk tickets, Confluence to organize your work and BitBucket to organize your development deliverables, but what it lacked was machine learning layer across the platform to help users work smarter within and across […]
The Exchange regularly covers companies as they approach and crest the $100 million revenue mark. Our goal in tracking startups growing at scale is to scout future IPO candidates and better understand the late-stage financing market. Today we’re digging into a company that is a little bit bigger than that. Namely Databricks, a data analytics company […]
Zoom is hosting its virtual Zoomtopia user conference this week. Given the attention the company has received as the de facto standard video meeting service since the start of the pandemic, it’s no surprise that the company is using the event to launch a number of new products. For the most part, though, we’re not […]
Spotify today is launching a new feature that combines spoken word audio commentary with music tracks. The new format will allow Spotify to reproduce the radio-like experience of listening to a DJ or a music journalist offering their perspective on the music. But Spotify is also making it possible for anyone to use the format […]
The company formerly known as NewsCred has a new name and a new product: Welcome. Co-founder and CEO Shafqat Islam explained that this follows a broader shift in the company’s strategy. While previously known as a content marketing business, Islam said NewsCred has been increasingly focused on building a broader software platform for marketers (a […]
An investigation into this summer’s Twitter hack by the New York State Department of Financial Services (NYSDFS) has ended with a stinging rebuke for how easily Twitter let itself be duped by a “simple” social engineering technique — and with a wider call for key social media platforms to be regulated on security. In the […]
We’re going checking out a range of different headphones on TC this week and next as part of our ‘Headphone Week’ series, and today I’m checking out the Shure SRH1540 ($499). These aren’t new – they’ve been a stand-by among audiophiles in their price range for years now. But there’s a great reason for that: […]
Celonis began as a company to help customers understand how work flowed through your company by building a process map. This was valuable in itself, but the next logical step was to not only analyze the processes, but find ways to make them more efficient. Today, the company announced it has acquired Czech startup Integromat […]
The smartphone industry was in transition well before COVID-19 was a blip on anyone’s radar. More than 13 years after the launch of the original iPhone, these products have long since transitioned from luxury items to commodities, losing some of their luster in the process. The past several years have seen slower upgrade cycles as […]
Google is putting A.I. and machine learning technologies into the hands of journalists. The company this morning announced a suite of new tools, Journalist Studio, that will allow reporters to do their work more easily. At launch, the suite includes a host of existing tools as well as two new products aimed at helping reporters […]
When Jen Grant joined Turbo Systems, the no-code mobile application platform, as CEO in March, she came on board just as COVID was shutting down businesses, but she went straight to work and over the last six months she has led two major initiatives that the company announced today: a name change and a new […]
Playbook, aiming to be the Patreon of fitness content, has raised an additional $9.3 million in Series A funding from E.ventures, Michael Ovitz, Abstract, Algae Ventures, Porsche Ventures and FJ Labs. The pandemic has hit the personal trainer and fitness industry incredibly hard. With gyms closed, trainers’ primary funnel for new customers has been shut […]
New York’s Twentyeight Health is taking the wildly telemedicine services for women’s health popularized by companies like Nurx and bringing them to a patient population that previously hadn’t had access. The mission to provide women who are Medicaid or underinsured should not be deprived of the same kinds of care that patients who have more income […]
Dataloop, a Tel Aviv-based startup that specializes in helping businesses manage the entire data lifecycle for their AI projects, including helping them annotate their datasets, today announced that it has now raised a total of $16 million. This includes a $5 seed round that was previously unreported, as well as an $11 million Series A […]
Vivun’s co-founder and CEO, Matt Darrow used to run pre-sales at Zuora and he saw that pre-sales team members had a lot of insight into customers. He believed if he could capture that insight, it would turn into valuable data to be shared across the company. He launched Vivun to build upon that idea in […]
Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars near them in over 100 cities, announced today that it has raised $140 million in a Series E deal, bringing its total known venture funding […]
Frontegg, a Tel Aviv-based startup that helps SaaS companies build their products faster by giving them access to a set of enterprise-ready building blocks for often-used features like authentication and notifications, today announced that it has raised a $5 million seed round. The round was led by Pitango, with backing from i3 Equity and Global […]
