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Apr 30, 11:30AM
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Nearly eight months after launching a platform to connect college students with local job opportunities, Campus Job has raised a $7.8 million Series A round of funding led by General Catalyst Partners, with participation from Index Ventures, Box Group, SV Angel, Slow Ventures, Lerer Hippeau Ventures, and others. The company originally launched with a model that allowed students to sign up on…
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Apr 30, 11:21AM
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TripleMint, a New York City startup aiming to take the pain out of buying, selling and renting an apartment, has raised $1.65 million in seed funding. Investors include Dominion Capital, Winklevoss Capital (yes, those Winklevoss twins), Entrepreneurs Roundtable Accelerator, Kima Ventures, Archangel Ventures, Fabrice Grinda, Tom Falus (former president of Cushman & Wakefield) and Mike…
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Apr 30, 11:00AM
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MX, the personal finance startup formerly known as Money Desktop, has just inked a $30 million Series A funding deal led by a subsidiary of USAA. Tokyo-based VC firm Digital Garage also participated in the round. MX had previously raised a healthy seed round from various early stage investors for $20 million late last year. This now brings the total amount of funding to $50 million for the…
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Apr 30, 7:34AM
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Circle, the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs and IDG Capital Partners. It’s another sign that the finance industry’s most powerful players are starting to take the crypto-currency and its ecosystem seriously. All of Circle’s existing investors including Breyer Capital, General Catalyst Partners,…
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Apr 30, 6:30AM
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At Hampton Creek we start with a question, “what would it look like if we started over,” which drives our business philosophy. In my role as the head of People here I also ask, “what would we do if we started over,” in everything we do ~ including in the hiring of our talent and the environment in which we work. We always start with what some “inside-out,”…
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Apr 30, 5:08AM
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On the heels of Farfetch raising $86 million last month, another fashion commerce startup out of London has picked up a significant round of funding. Lyst, a site that lets people shop across some 11,500 different online stores using a single check-out, has picked up $40 million in a Series C round of funding. Investors in this round, which brings the total raised by Lyst to $60 million…
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Apr 30, 4:24AM
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Tencent, one of China’s biggest Internet companies, has agreed to purchase a 14.6 percent stake in Glu Mobile, the San Francisco game developer probably best known for “Kim Kardashian: Hollywood.” Shares of Glu rocketed 23 percent in after hours trading as investors showed their approval for the deal, as well as its strong first-quarter earnings report.
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Apr 30, 2:43AM
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Baidu, China’s largest internet search and maps provider, continues to see slowing financials as it transitions to the rise of mobile. The company’s latest Q1 2015 financial report continued an ongoing decline in revenue growth and saw net profit dip year-on-year too.
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Apr 30, 2:07AM
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YouTube just held its annual Brandcast event in Madison Square Garden, where it trotted out online video stars to for an audience of advertisers. The big message was that YouTube stars are huge celebrities, attracting lots of passionate fans — so advertisers should spend their money on, you guessed it, YouTube. Tonight there was an emphasis on mobile, with YouTube’s head of content…
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Apr 29, 11:44PM
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Mesosphere’s mission to build a container-centric service that allows developers to treat a data center with all of its various servers as a single entity is starting to come to fruition. Today, the company launched a public beta of its Datacenter Operating System (DCOS) on Microsoft Azure and Amazon’s AWS cloud. That’s a major step forward for the company, which was built…
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Apr 29, 11:27PM
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What has Microsoft been up to? As it turns out, quite a lot. The company’s more-than-three-hour keynote at its Build conference today covered a range of products: Office, Windows, Azure, and the unreleased HoloLens holographic headset and operating system.
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Apr 29, 11:02PM
Berlin-based Jobspotting, a site and iOS app which aims to put a tailored search interface algorithm over third-party recruitment sites and your social connections, has raised an undisclosed round of seed funding from Horizon Ventures.
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Apr 29, 10:55PM
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A wide range of companies today released their support for a surveillance reform bill that would effectively end the NSA’s bulk collection of Americans’ phone records. Facebook, Google, Microsoft, Yahoo and Reform Government Surveillance, a lobbying group representing many tech companies including AOL (they write my paychecks), came out backing the 2015 version of the FREEDOM Act.
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Apr 29, 10:08PM
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The Apple Watch is now on the wrists of members of the general public for the first time, and opinions about its usefulness are flying fast and furious. Here at TechCrunch, we’ve been sharing our thoughts in an ongoing diary, featuring daily entries describing what it’s like to use the Watch as we become more familiar with the new gadget.
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Apr 29, 10:05PM
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Microsoft announced today at its Build developer conference that during its fiscal 2018 — after the middle of 2017 for the rest of us — its commercial cloud revenue will hit a $20 billion run rate. That means that the products Microsoft lumps together as “commercial cloud” — Azure, Office 365 for corporations, etc. — will generate around $5 billion in…
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Apr 29, 10:03PM
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Tandem, which recently raised a $100 million fund to back mobile startups, has added two new partners — Shashi Seth, formerly an executive at Google and Yahoo, and Couchsurfing co-founder Daniel Hoffer. The firm says it now has 15 team members working with its portfolio companies. It invests $200,000 initially and hosts those startups in Tandem’s Burlingame, Calif. office for…
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Apr 29, 9:52PM
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The Apple Watch is rolling out to customers, but it’s taking longer to get into user hands than some might like. A new report out today by The Wall Street Journal puts the blame for the slow rollout primarily on a shortage of Apple Watch Taptic Engine components, caused by issues found in the parts supplied by one supplier in particular. The WSJ author who penned the piece clarified…
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Apr 29, 9:21PM
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Outlook.com, Microsoft’s web-based email and calendaring client, is now open to third-party developers who want to build tools on top of it. Using the Outlook API, developers can build what Microsoft calls “contextual experiences” for Outlook.com. This is clearly part of Microsoft’s overall effort to make the data that its users create in its productivity apps…
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Apr 29, 9:00PM
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Whisper announced today that it hired Mark Troughton to be its president. Troughton was the president of Green Dot, which specializes in prepaid debit cards and went public in July 2010. He was most recently the president of Americas for Wonga, which provides short-term cash loans. (You will recall that Wonga had to lay off a significant portion of its staff in February this year.)
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Apr 29, 8:30PM
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At this year’s Disrupt NY, previous finalists and winners of Startup Battlefield will once again take the stage. But not to pitch their companies. Instead Alfred, Layer and Trello will update Disrupt attendees on the status other companies. Last year Alfred won Startup Battlefield at Disrupt SF. The Boston-based company attempts to manage your routine across multiple on-demand and…
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