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Fintech startups raised $34B in 2019 - techcrunch

Fintech startups raised $34B in 2019

Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9 billion* in total last year […]
techcrunch - 22 hours ago
Original Content podcast: Netflix’s ‘Locke & Key’ offers spooky delights - techcrunch

Original Content podcast: Netflix’s ‘Locke & Key’ offers spooky delights

At times, it can be hard to tell exactly who “Locke & Key” was made for. Adapted from a comic book series written by Joe Hill and illustrated by Gabriel Rodriguez, the show tells the story of the Locke family after they move into the mysterious Keyhouse, where they soon discover hidden keys that can […]
techcrunch - 23 hours ago
Do phones need to fold? - techcrunch

Do phones need to fold?

As Samsung (re)unveiled its clamshell folding phone last week, I kept seeing the same question pop up amongst my social circles: why? I was wondering the same thing myself, to be honest. I’m not sure even Samsung knows; they’d win me over by the end, but only somewhat. The halfway-folded, laptop-style “Flex Mode” allows you […]
techcrunch - 1 day ago
Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million - techcrunch

Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million

Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain of hotels in Colombia and […]
techcrunch - 1 day ago
The RetroBeat: Why I switched from physical game collecting to digital - venture beat

The RetroBeat: Why I switched from physical game collecting to digital

OPINION: A few years ago, I started building up my collection of classic consoles and games. This was sparked in equal parts by nostalgia, finding some of my original cartridges in my parents’ basement, and the convenient opening of a local store that sold retro games. But after a few years of working on my collection, […]
venture beat - 1 day ago
SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion - techcrunch

SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion

SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources – an increase of more than $2.5 billion vs its most recently reported valuation. The rocket launch company founded […]
techcrunch - 1 day ago
Trump’s Election Day YouTube takeover feels very different in 2020 - techcrunch

Trump’s Election Day YouTube takeover feels very different in 2020

According to a report from Bloomberg, the Trump campaign called dibs on some of the most prized ad space online in the days leading up to the 2020 U.S. election. Starting in early November and continuing onto Election Day itself, the campaign will reportedly command YouTube’s masthead, the space at the very top of the […]
techcrunch - 1 day ago
Report: Outdoor Voices founder Tyler Haney is stepping down as CEO as growth slows - techcrunch

Report: Outdoor Voices founder Tyler Haney is stepping down as CEO as growth slows

Tyler Haney, the founder and chief executive of activewear label Outdoor Voices, has stepped down, according to the Business of Fashion. We’ve reached out to Haney directly, as well as board members from the venture firms that have backed the company, including General Catalyst and Forerunner Ventures, and we hope to update this story accordingly. […]
techcrunch - 1 day ago
Hot Wheels made two remote-controlled Tesla Cybertruck toys - techcrunch

Hot Wheels made two remote-controlled Tesla Cybertruck toys

Hot Wheels will ship you a Cybertruck long before Tesla is likely to make any deliveries on their electric retro-future wheels trapezoid: The toy maker just unveiled two different RC Cybertruck models, including a 1:64 scale model at just $20 – and a much larger 1:10 scale version for $400. These are available to pre-order […]
techcrunch - 1 day ago
Do AI startups have worse economics than SaaS shops? - techcrunch

Do AI startups have worse economics than SaaS shops?

A few days ago, Andreessen Horowitz’s Martin Casado and Matt Bornstein published an interesting piece digging into the world of artificial intelligence (AI) startups, and, more specifically, how those companies perform as businesses. Core to the argument presented is that while founders and investors are wagering “that AI businesses will resemble traditional software companies,” the […]
techcrunch - 1 day ago
SpaceX anticipates building “many rockets” as it iterates Starship towards orbital flight this year - techcrunch

SpaceX anticipates building “many rockets” as it iterates Starship towards orbital flight this year

SpaceX founder Elon Musk has been sharing a number of updates about his company’s progress on Starship this week. Along with footage of the assembly process of the current ‘SN1’ prototype of Starship, he explained on Twitter some of the other considerations and strategies the company is working with as it works on the new […]
techcrunch - 1 day ago
Daily Crunch: Coronavirus causes likely PC shipment decline - techcrunch

Daily Crunch: Coronavirus causes likely PC shipment decline

The coronavirus outbreak continues to impact the tech industry, Facebook’s Libra Association signs up a new partner and short-form video service Quibi is available for pre-order. Here’s your Daily Crunch for February 21, 2020. 1. PC shipments expected to drop this year because of coronavirus outbreak The coronavirus outbreak could result in at least a […]
techcrunch - 1 day ago
These leaders are coming to Robotics + AI on March 3. Why aren’t you? - techcrunch

These leaders are coming to Robotics + AI on March 3. Why aren’t you?

TechCrunch Sessions: Robotics + AI brings together a wide group of the ecosystem’s leading minds on March 3 at UC Berkeley. Over 1,000+ attendees are expected from all facets of the robotics and artificial intelligence space — investors, students, engineers, C-levels, technologists and researchers. We’ve compiled a small list of highlights of attendees’ companies and […]
techcrunch - 2 days ago
DSP Concepts raises $14.5M for its Audio Weaver platform - techcrunch

DSP Concepts raises $14.5M for its Audio Weaver platform

DSP Concepts — a startup whose Audio Weaver software is used by companies as varied as Tesla, Porsche, GoPro and Braun Audio — is announcing that it’s raised $14.5 million in Series B funding. The startup goal, as explained to me by CEO Chin Beckmann and CTO Paul Beckmann (yep, they’re a husband-and-wife founding team), […]
techcrunch - 2 days ago
The DeanBeat: We don’t get to celebrate games enough - venture beat

The DeanBeat: We don’t get to celebrate games enough

Ed Boon was one of the elder statesmen at the Dice Awards last week. He worked on the first Mortal Kombat game with three other people 27 years ago, and here he was accepting an award for Mortal Kombat 11, which was voted the best fighting game at the prestigious awards show in Las Vegas. […]
venture beat - 2 days ago
Shopify joins Facebook’s cryptocurrency Libra Association - techcrunch

Shopify joins Facebook’s cryptocurrency Libra Association

After eBay, Visa, Stripe, and other high-profile departures, the Libra Association scored a win today with the addition of Shopify. The ecommerce platform will become a Libra Association member, contributing financially and operating a node that processes transactions for the Facebook-originated stable coin. Shopify stressed that helping merchants reduce fees and bringing commerce opportunities to […]
techcrunch - 2 days ago
Coway Airmega AP-1512HHS: Smart Air Purifier and Clean Design - readwrite

Coway Airmega AP-1512HHS: Smart Air Purifier and Clean Design

However, purified air also provides health benefits to anyone that works in an office or spends long periods at home. To address these concerns, numerous air purifiers have appeared on the market to clear the air. The latest one is the Coway Airmega. Here’s my review of this smart air purifier. About the Coway Airmega […] The post Coway Airmega AP-1512HHS: Smart Air Purifier and Clean Design appeared first on ReadWrite.
readwrite - 2 days ago
Anomalous data can lead to growth opportunities - techcrunch

Anomalous data can lead to growth opportunities

Julian Shapiro Contributor Share on Twitter Julian Shapiro is the founder of BellCurve.com, a growth marketing team that trains startups in advanced growth, helps you hire senior growth marketers and finds you vetted growth agencies. He also writes at Julian.com. More posts by this contributor How to advertise a podcast in 2020 Gauging email success, […]
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Why Dropbox shares are soaring after it reported earnings - techcrunch

Why Dropbox shares are soaring after it reported earnings

While the broader SaaS category has seen huge valuation gains in recent quarters, Dropbox has not. But perhaps the environment is changing for the company with its latest results.
techcrunch - 2 days ago
Equity is not always the answer - techcrunch

Equity is not always the answer

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a fun combination of early-stage and late-stage news, with companies as young as seed-stage and as old as PE-worthy joining our list of topics. Danny and Alex were back on hand to chat once again. […]
techcrunch - 2 days ago
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techcrunch
Thundra announces $4M Series A to secure and troubleshoot serverless workloads

Thundra announces $4M Series A to secure and troubleshoot serverless workloads

techcrunch - 1 month ago

Thundra, an early stage serverless tooling startup, announced a $4 million Series A today led by Battery Ventures. The company spun out from OpsGenie after it was sold to Atlassian for $295 million in 2018.

York IE, Scale X Ventures and Opsgenie founder Berkay Mollamustafaoglu also participated in the round. Battery’s Neeraj Agarwal is joining the company’s board under the terms of the agreement.

The startup also announced that it had recently hired Ken Cheney as CEO with technical founder Serkan Ozal becoming CTO.

Originally, Thundra helped run the serverless platform at OpsGenie. As a commercial company, it helps monitor, debug and secure serverless workloads on AWS Lambda. These three tasks could easily be separate tools, but Cheney says it makes sense to include them all because they are all related in some way.

“We bring all that together and provide an end-to-end view of what’s happening inside the application, and this is what really makes Thundra unique. We can actually provide a high-level distributed view of that constantly-changing application that shows all of the components of that application, and how they are interrelated and how they’re performing. It can also troubleshoot down to the local service, as well as go down into the runtime code to see where the problems are occurring and let you know very quickly,” Cheney explained.

He says that this enables developers to get this very detailed view of their serverless application that otherwise wouldn’t be possible, helping them concentrate less on the nuts and bolts of the infrastructure, the reason they went serverless in the first place, and more on writing code.

Serverless trace map in Thundra. Screenshot: Thundra

Thundra is able to do all of this in a serverless world, where there isn’t a fixed server and resources are ephemeral, making it difficult to identity and fix problems. It does this by installing an agent at the Lambda (AWS’ serverless offering) level on AWS, or at runtime on the container at the library level,” he said.

Battery’s Neeraj Agarwal says having invested in OpsGenie, he knew the engineering team and was confident in the team’s ability to take it from internal tool to more broadly applicable product.

“I think it has to do with the quality of the engineering team that built OpsGenie. These guys are very microservices oriented, very product oriented, so they’re very quick at iterating and developing products. Even though this was an internal tool I think of it as very much productized, and their ability to now sell it to the broader market is very exciting,” he said.

The company offers a free version, then tiered pricing based on usage, storage and data retention. The current product is a cloud service, but it plans to add an on prem version in the near future.

sauce: techcrunch
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