SiteMinder raises $70M at $750M valuation after cresting $70M ARR in 2019
Alex Wilhelm

Today SiteMinder, an Australian software company focused on the hotel industry, announced a $70 million (USD) round that values the company at $750 million. That’s about $1.08 billion in Australian dollars, making the firm a Down Under Unicorn, even if it’s a bit shy here in America. According to SiteMinder, the round was “led by […]

Coveo raises $227M at $1B+ valuation for AI-based enterprise search and personalization
Ingrid Lunden

Search and personalization services continue to be a major area of investment among enterprises, both to make their products and services more discoverable (and used) by customers, and to help their own workers get their jobs done, with the market estimated to be worth some $100 billion annually. Today, one of the big startups building […]

Amazon now sells movie tickets in India
Manish Singh

Amazon has set its eye on the next business it wants to disrupt in its key overseas market India: online movie tickets. The e-commerce giant said Saturday it has partnered with local online movie ticketing giant BookMyShow to introduce booking option on Amazon India shopping site and app. The move comes months after the e-commerce […]

Inhabitr raises $4 million to let you rent furniture
Jordan Crook

Inhabitr, a Chicago-based furniture rental platform, has today announced the close of a $4 million in Series A funding, led by Great North Labs. Inhabitr launched in 2016 after the cofounders, who have gone through dozens of moves between the two of them, decided that purchasing, moving and maintaining furniture is one of the biggest […]

PacketAI predicts IT incidents by parsing large event data sets
Romain Dillet

Meet PacketAI, a French startup that wants to alert you when there’s something wrong with your app or service. The company uses machine learning to parse raw event data and find out if there’s anything wrong. PacketAI can intercept incidents at many different levels. For instance, the service can tell you if your users can’t […]

Ubiquity6’s is part 3D scanner, part social network
Greg Kumparak

The world is being mapped in 3D — one brick, one bench, one building at a time. For things like hyper-accurate augmented reality, autonomous robots and self-driving cars, 2D maps and GPS only get you so far. Apple is building its map with lasers strapped to the tops of cars. Niantic has talked about building […]

Coda Biotherapeutics is developing a cure for pain
Jonathan Shieber

If the researchers, executives and investors behind Coda Biotherapeutics have their way, one day soon there really could be a cure for pain. Co-founded by researchers Joseph Glorioso, from the University of Pittsburgh’s microbiology and molecular genetics department; and Dr. Nicholas Boulis, the founder of Emory’s Gene and Cell Therapy for Neurorestoration Laboratory; Coda uses […]

British Broadcasting Corporation - FML

Today, working from home due to the quarantine, things were going slow so I typed "Lola Fox BBC DP porn" into my team chat, thinking I was typing it into my browser. My supervisor took it down as soon as it happened, but people definitely saw. FML

Where top VCs are investing in real estate and proptech (Part 2 of 2)
Arman Tabatabai

In part two of our survey that asked top VCs about the most exciting investment areas in real estate, we dig into responses from 10 leading real estate-focused investors at firms that span early to growth stages across real estate specific firms, corporate venture arms, and prominent generalist firms to share where they see opportunity […]

One ring to… - FML

Today, I went to take out my NuvaRing. To my surprise, I couldn’t find it. I’ve had unprotected sex almost every day this month. I don’t know when it fell out. FML

China’s Didi to relaunch Hitch carpooling service this month
Manish Singh

Chinese ride-hailing firm Didi Chuxing said today it will conduct a trial relaunch of its Hitch carpooling service in seven major Chinese cities with additional safety features by end of the month, more than a year after suspending the service following the murder of a female passenger by her Didi driver. The relaunch of popular […]

This Week in Apps: iOS 13 complaints, Q3 trends, App Store ratings bug
Sarah Perez

Welcome back to This Week in Apps — the easiest way to keep up with everything that happened in the world of apps over the past week — from the breaking news to the trends and all the other information an industry watcher needs to know. The app industry is as hot as ever, with […]

Appeals court rules in favor of Google, Apple, Facebook and Twitter in anti-conservative bias suit
Brian Heater

The same day Donald Trump took to Twitter to threaten to regulate or shut down social media sites, the U.S. appeals court in Washington, D.C. dismissed a lawsuit accusing top tech companies of silencing conservative voices. Filed in 2018 by nonprofit Freedom Watch and right-wing gadfly Laura Loomer, the suit accused Apple, Facebook, Twitter and […]

Only four days left to buy early-bird passes to Disrupt Berlin 2019
Leslie Hitchcock

Last week, we extended the early-bird pricing on passes to Disrupt Berlin 2019 until 15 November at 11:59 p.m. (CEST). Consider it distinctly non-divine intervention from Expeditus, the patron saint of procrastinators (and speedy causes). The countdown continues, and you have just four days left to save serious dough — we’re talking up to €500 depending on […]

App stores saw record 204 billion app downloads in 2019, consumer spend of $120 billion
Sarah Perez

Consumers downloaded a record 204 billion apps in 2019, up 6% from 2018 and up 45% since 2016, and spent $120 billion on apps, subscriptions and other in-app spending in the past year. The average mobile user, meanwhile, is spending 3.7 hours per day using apps. This data and more comes from App Annie’s annual […]

An hourly home-sharing startup in San Francisco finds itself in the city’s crosshairs
Connie Loizos

Emmanuel Bamfo is used to fighting uphill battles. Still, his latest fight, with the city of San Francisco, may well destroy his business if he doesn’t win it, and quickly. Bamfo is the co-founder and CEO of Globe, a year-old, six-person startup that connects customers with rooms in people’s mostly urban homes. Think Airbnb, except […]

Mobile banking app Empower Finance just closed a $20 million Series A round
Connie Loizos

Another afternoon, another round of funding for a mobile banking app. This time, it’s Empower Finance, a San Francisco-based company that’s headed up by former Sequoia Capital partner Warren Hogarth and which just closed on $20 million in Series A funding from Icon Ventures and Defy Ventures. David Velez, who is the founder and CEO […]

GoCardless partners with TransferWise to bring low cost currency conversion to recurring payments
Steve O'Hear

GoCardless, the London fintech that makes it easy for businesses to offer recurring bank payments, has partnered with TransferWise for its currency exchange. The move sees GoCardless utilise the TransferWise API and the money transfer company’s “TransferWise for Business” product and in turn provide TransferWise’s FX rates to its own customers. More broadly, the partnership […]

Mubi launches streaming service in India
Manish Singh

Mubi, a 12-year-old on-demand movie streaming and rental service, has arrived in India. Like other streaming services giants such as Netflix, Amazon Prime Video, Apple TV+ and Disney’s Hotstar, Mubi is offering its service at a slightly lower price in the key overseas entertainment market. The London-headquartered firm is offering a three-month subscription in India […]

VCs are just tired
Danny Crichton

I was in SF last week and met with more than a dozen VCs over the course of two days. This was post the holidays, post their visits to the ski chalets in Tahoe and the island beaches, and in the smack dab of one of the most important fundraise periods of the year — […]

Be in …… water

Can you complete this English expression? It means “to be in a difficult situation”. Be in……. water a) deep b) heavy c) shallow d) vast The answer is below!↓   Answer: a) deep Be in deep water

The Xbox Elite Wireless Controller Series 2 is a truly great game controller
Darrell Etherington

Microsoft’s original Xbox Elite controller was a major step-up for gamers, with customizable buttons, changeable physical controls and adjustable sensitivity for serious personalization. The new Xbox Elite Controller Series 2 has just landed, and it offers similar features, but with new and improved features that add even more customization options, along with key hardware improvements […]

Next, on A&E… - FML

Today, when I got out of the shower, my mother, my boyfriend, and 3 of my friends confronted me for an intervention. My problem? They think I'm a workaholic. What they don't know is that I lost my job 4 weeks ago. I stay up all night filling out job applications. FML

Vouch raises $45M led by YC Continuity for business insurance that targets startups
Ingrid Lunden

“Move fast and break things” is a term we usually associate with Facebook (at least, until 2014) and the general startup ethos of being disruptive. Now in true entrepreneurial fashion, the phrase is finding itself as the center of — what else — a startup idea, which today is announcing a sizeable Series B as […]

Ubiquiti announces new AmpliFi Alien router with Wi-Fi 6
Romain Dillet

Ubiquiti, the company behind popular UniFi Wi-Fi access points and networking equipment, is releasing a new router for consumers — the AmpliFi Alien. Today’s new device is an all-in-one networking device. It features a router (the “brain” of your local network), four Gigait Ethernet ports and Wi-Fi capabilities. And yes, it is a Wi-Fi 6 […]

Kinnos, which makes colorized disinfectant to ensure surfaces are covered, just landed $6 million in funding
Connie Loizos

Kinnos, a New York-based startup, was founded six years ago, but what the five-person company produces is suddenly top of mind — and a new round of funding reflects as much. To wit, Kinnos, which makes additives that cause disinfectants to turn blue long enough to ensure a surface has actually been covered, just closed […]

Hyundai and Kia put over $110M into UK electric delivery vehicles startup Arrival
Mike Butcher

Forget the consumer market for electric vehicles. It turns out delivery vehicles could be the “Trojan horse” for electric to really take off. Korean auto giants Hyundai and Kia put more than $110 million in U.K. startup Arrival, which emerged from relative stealth today. The investment immediately makes Arrival one of Britain’s most valuable startups, […]

Dutch court orders Facebook to ban celebrity crypto scam ads after another lawsuit
Natasha Lomas

A Dutch court has ruled that Facebook can be required to use filter technologies to identify and pre-emptively take down fake ads linked to crypto currency scams that carry the image of a media personality, John de Mol. The Dutch celerity filed a lawsuit against Facebook in April over the misappropriation of his likeness to […]

Chronosphere launches with $11M Series A to build scalable, cloud-native monitoring tool
Ron Miller

Chronoshere, a startup from two ex-Uber engineers, who helped create the open source M3 monitoring project to handle Uber-level scale, officially launched today with the goal of building a commercial company on top of the open source project. It also announced an $11 million investment led by Greylock with participation from venture capitalist, Lee Fixel. […]

FirstVet, the video veterinarian service, raises €18.5M for international expansion
Steve O'Hear

FirstVet, the Swedish startup which provides pet owners with on-demand video consultations with local, qualified veterinarians, has closed €18.5 million in Series B funding. The round is led by London-based Omers Ventures, the venture capital arm of Canadian pension fund Omers that recently launched a dedicated €300 million fund to invest in European tech startups. […]