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GitLab reshuffles its paid subscription plans, drops its Bronze/Starter tier - techcrunch

GitLab reshuffles its paid subscription plans, drops its Bronze/Starter tier

GitLab, the increasingly popular DevOps platform, today announced a major update to its subscription model. The company is doing away with its $4/month Bronze/Starter package. Current users will be able to renew one more time at the existing price or move to a higher tier (and receive a significant discount for the first three years […]
techcrunch - 28 minutes ago
Does a $27 or $29 billion valuation make sense for Databricks? - techcrunch

Does a $27 or $29 billion valuation make sense for Databricks?

This is one S-1 that we very much want to read.
techcrunch - 1 hour ago
Ex-Uber team raises $6M seed for geospatial analytics platform Unfolded.ai - techcrunch

Ex-Uber team raises $6M seed for geospatial analytics platform Unfolded.ai

Years ago, Uber had a problem. With millions of users and tens of thousands of drivers scattered across a widening expanse of the globe, the fast-growing mobility startup wanted to display more accurate maps to users about where their ride was coming from and where it was intending to go to reach its destination. The […]
techcrunch - 1 hour ago
India retains ban on TikTok, UC Browser and 57 other Chinese apps - techcrunch

India retains ban on TikTok, UC Browser and 57 other Chinese apps

TikTok, UC Browser, UC News, Baidu Map, Xiaomi’s Video and Community and 53 other Chinese apps that India banned in late June won’t be returning to the country anytime soon, the Indian government has decided, a source familiar with the matter told TechCrunch. Last week New Delhi told the parent firms of these apps that […]
techcrunch - 1 hour ago
Vectorized announces $15.5M investment to build simpler streaming data tool - techcrunch

Vectorized announces $15.5M investment to build simpler streaming data tool

Streaming data is not new. Kafka has existed as an open source tool for a decade. Vectorized was founded on the premise that the existing tools were too complex and not designed for today’s streaming requirements. Today the company released its first product, Redpanda, an open source tool designed to make it easier for developers […]
techcrunch - 1 hour ago
Fast raises $102M as the online checkout wars continue to attract huge investment - techcrunch

Fast raises $102M as the online checkout wars continue to attract huge investment

This morning Fast, a startup that provides online checkout and identity products, announced that it has closed a $102 million Series B. The new funding event was led by Stripe, a previous investor in Fast. Stripe, an online payments giant, also led Fast’s Series A last year, a deal worth $20 million. Fast has raised […]
techcrunch - 2 hours ago
Jam collaborative software launches Jam Genies to give small startups access to experts - techcrunch

Jam collaborative software launches Jam Genies to give small startups access to experts

As the world moves towards remote work, the collaborative tools market continues to expand. Jam, a platform for editing and improving your company’s website, is adding to the trend by introducing a new arm to its product today called Jam Genies. Jam Genies is a network of highly experienced product experts that Jam users can […]
techcrunch - 2 hours ago
Talent Hack raises $4.7M for its B2C fitness platform, Spaces - techcrunch

Talent Hack raises $4.7M for its B2C fitness platform, Spaces

It’s been a wild 12 months for fitness platforms, as the world’s population has struggled to adapt to workouts outside of the gym. From Lululemon’s massive Mirror acquisition to companies like Apple and Samsung launching their own solutions, exercise technology has thrived amid the pandemic. Talent Hack is one of a large (and growing) number […]
techcrunch - 2 hours ago
Treadly’s next-gen compact treadmill is ideal for small spaces and features app-based social workouts - techcrunch

Treadly’s next-gen compact treadmill is ideal for small spaces and features app-based social workouts

As the global pandemic continues, having options for keeping active at home is increasingly top-of-mind. Treadly is a startup focused on building a home treadmill that’s compact and convenient, with smart connected features that boost engagement. The company recently released its second-generation product, and it’s super compact, with hardware improvements that boost the weight limit […]
techcrunch - 2 hours ago
PepsiCo and Beyond Meat launch poorly named joint venture for new plant-based food and drinks - techcrunch

PepsiCo and Beyond Meat launch poorly named joint venture for new plant-based food and drinks

PepsiCo, the planetary purveyor of sugary drinks, greasy chips, and (weirdly) oatmeal, hummus, and gazpacho(?) is partnering with Beyond Meat, the publicly traded plant-based protein provider, on a poorly named joint venture to hawk new plant-based food and beverages to consumers. The PLANeT Partnership (which was clearly branded by the same genius behind the comic […]
techcrunch - 2 hours ago
Voice recognition features return to TiVo through a partnership with Atlanta-based Pindrop - techcrunch

Voice recognition features return to TiVo through a partnership with Atlanta-based Pindrop

TiVo devices are getting new voice recognition capabilities thanks to a partnership with the Atlanta-based startup Pindrop, which is now offering its voice recognition and personalization technologies for consumer devices. The new voice recognition capabilities replace TiVo’s discontinued use of the Alexa voice recognition service, which happened with little fanfare last year. TiVo made a […]
techcrunch - 3 hours ago
Stacker raises $1.7M to help nocoders build apps from spreadsheets - techcrunch

Stacker raises $1.7M to help nocoders build apps from spreadsheets

Stacker, a company that helps non-developers create software from spreadsheets, announced that it has raised $1.7 million in a seed round. Stacker fits inside the growing no-code, and low-code niche that TechCrunch has explored at length over the last year. But its approach to the topic is worth examining, as is its new funding round. […]
techcrunch - 3 hours ago
Run:AI raises $30M Series B for its AI compute platform - techcrunch

Run:AI raises $30M Series B for its AI compute platform

Run:AI, a Tel Aviv-based company that helps businesses orchestrate and optimize their AI compute infrastructure, today announced that it has raised a $30 million Series B round. The new round was led by Insight Partners, with participation from existing investors TLV Partners and S Capital. This brings the company’s total funding to date to $43 […]
techcrunch - 3 hours ago
Bloomreach raises $150M on $900M valuation and acquires Exponea - techcrunch

Bloomreach raises $150M on $900M valuation and acquires Exponea

Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company announced it has acquired Exponea, a startup that gives Bloomreach a marketing automation component it had been […]
techcrunch - 3 hours ago
LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion - techcrunch

LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion

Meet Sidecar Health, the newest member of the tech industry’s billion dollar healthcare startup club. The valuation comes thanks to $125 million in new funding that the company will use to expand its new model for health insurance. Sidecar Health’s insurance plans give consumers the ability to pay directly for care — often at steep […]
techcrunch - 3 hours ago
Span, the smart fusebox replacement founded by an ex-Tesla engineer, gets an Alexa upgrade - techcrunch

Span, the smart fusebox replacement founded by an ex-Tesla engineer, gets an Alexa upgrade

Automating and controlling devices and energy usage in homes has potentially become a bit easier thanks to an integration between Span, the startup making a digital fusebox replacement, and  Amazon’s voice recognition interface, Alexa. The integration also comes with a $20 million new cash infusion from Amazon’s Alexa Fund and the massive insurance company Munich […]
techcrunch - 4 hours ago
EdgeQ reveals more details behind its next-gen 5G/AI chip - techcrunch

EdgeQ reveals more details behind its next-gen 5G/AI chip

5G is the current revolution in wireless technology, and every chip company old and new is trying to burrow their way into this ultra-competitive — but extremely lucrative — market. One of the most interesting new players in the space is EdgeQ, a startup with a strong technical pedigree via Qualcomm that we covered last […]
techcrunch - 4 hours ago
Rhino raises $95M to scale its rental deposit replacing insurance product - techcrunch

Rhino raises $95M to scale its rental deposit replacing insurance product

Rhino today announced that it has raised $95 million, an investment that values the startup at just under $500 million. Tiger Global led the round, an investment that Rhino described as “pre-IPO” to TechCrunch. Rhino provides an insurance product to real estate companies, allowing them to forgo traditional rental deposits from tenants, and offering renters […]
techcrunch - 4 hours ago
CrediBook gets $1.5 million to help Indonesian retail wholesalers digitize their finances - techcrunch

CrediBook gets $1.5 million to help Indonesian retail wholesalers digitize their finances

CrediBook, a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 million in pre-Series A funding led by Wavemaker Partners, with participation from Alpha JWC Ventures and Insignia Ventures Partners. The capital will be used for product launches and expansion into more Indonesian cities. Founded in February 2020, […]
techcrunch - 4 hours ago
Twitter acquires newsletter platform Revue - techcrunch

Twitter acquires newsletter platform Revue

Twitter is getting into the newsletter business. The social media company is announcing that it has acquired Revue, a Dutch startup that allows users to publish and monetize email newsletters. While Revue hasn’t driven the same wave of “is this the future of media?” think pieces as Substack, it counts major publishers like Vox Media […]
techcrunch - 5 hours ago
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techcrunch
Obvious Ventures closes an irrationally-sized third fund

Obvious Ventures closes an irrationally-sized third fund

techcrunch - 1 year ago

Obvious Ventures, the firm co-founded by Medium CEO and Twitter co-founder Ev Williams, announced today that it has closed its third fund “OV3” at $271,828,182, a number that the graphing calculator-owning among us may recognize as e or Euler’s number.

When asked whether the firm had to return any LP money just so it could land at its magic number, Obvious’s Gabe Kleinman threw a “no comment” my way.

The firm has a bit of a tradition in being cutesy with its fund sizes. Their first fund was $123,456,789 and the second fund clocked in at $191,919,191. The focus on the naming scheme isn’t an accident, there isn’t too much to draw attention to with this fund in terms of changes to Obvious’s investment strategies, Kleinman tells TechCrunch.

“We’re investing in companies that are reimagining trillion dollar categories,” Kleinman tells TechCrunch. “… and these play out across our three themes, which are sustainable systems, healthy living and ‘people power.'”

Obvious saw some successful exits in 2019, including the public offering of Beyond Meat.

sauce: techcrunch
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