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Brian Heater @ TechCrunch · 01/19/2021 11:37 EDT

We’ll discuss the future of the gig economy and contract works at TC Sessions: Justice on March 3

Like so many other subjects, the ongoing COVID-19 pandemic has brought concerns about the gig economy and contract workers into sharp focus over the past year which is why we’ll be diving into this topic at TC Sessions: Justice on March 3. From food delivery services like Seamless to warehouse and fulfillment jobs at places […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/19/2021 11:04 EDT

Wendy Xiao Schadeck becomes Northzone’s first New York partner

Northzone‘s new partner Wendy Xiao Schadeck isn’t new to the firm — she actually joined back in 2015. Before entering the venture world, Schadeck co-founded co-working and childcare startup CoHatchery. And as a Northzone principal, she’s already been involved in the firm’s investments in Spring Health (mental health), 3box (cloud infrastructure), Livepeer (blockchain-based video transcoding), […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/19/2021 10:39 EDT

Paramount+, the successor to CBS All Access, launches March 4 in the U.S., Canada, and Latin America

Last year, ViacomCBS announced its CBS All Access streaming service would soon rebrand as Paramount+, to better reflect the expanded content lineup following the Viacom-CBS merger in 2019. Today, the company says it has set a launch date for Paramount+ in the U.S.: March 4, 2021. It’s also sharing the launch dates for other international […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/19/2021 10:38 EDT

Rivian raises $2.65 billion in new capital as it pushes towards production of its electric pickup

Rivian has raised $2.65 billion as it prepares to begin production this summer of its all-electric pickup truck. The round, which was led by funds and accounts advised by T. Rowe Price Associates Inc., also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners as well as several other […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/19/2021 10:36 EDT

In 2020, VCs invested $428M into US-based startups every day

Despite a pandemic that sparked a global recession, 2020 was still a record year for venture capital investments into American startups. Read more

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TechCrunch
Ron Miller @ TechCrunch · 01/19/2021 10:34 EDT

Citrix is acquiring Wrike from Vista for $2.25B

Citrix announced today that it plans to acquire Wrike, a SaaS project management platform, from Vista Equity Partners for $2.25 billion. Vista bought the company just two years ago. Citrix, which is best known for its digital workspaces, sees this as a good match, especially at a time where employees have been forced to work […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/19/2021 10:23 EDT

WeChat advances e-commerce goals with $250B in transactions

WeChat continues to advance its shopping ambitions as the social networking app turns 10 years old. The Chinese messenger facilitated 1.6 trillion yuan (close to $250 billion) in annual transactions through its “mini programs,” third-party services that run on the super app that allow users to buy clothes, order food, hail taxis and more. That […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/19/2021 10:09 EDT

Equity Tuesday: Everyone’s raising money, and Wrike exits yet again

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday Tuesday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. […] Read more

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TechCrunch
Jordan Crook @ TechCrunch · 01/19/2021 10:00 EDT

Fintech startup Vise brings on Andrew Fong (formerly Dropbox) as CTO

Vise, a fintech firm that focuses on helping financial advisors rather than automating them out of existence, has today announced that its bringing on Andrew Fong as its Chief Technology Officer. Fong hails from Dropbox, where he served as VP of Infrastructure Engineering. He actually started out as a Site Reliability Engineer at Dropbox back […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 01/19/2021 09:32 EDT

Senator: ‘More transparency is needed’ by exam proctoring tech firms

Three of the leading exam proctoring companies are facing calls to be more transparent, amid continued claims of bias by students forced to take remote exams because of the ongoing pandemic. Exam proctoring tech lets students take remotely invigilated tests from home. Students are told to install their university’s choice of proctoring software, which allows […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 01/19/2021 09:21 EDT

StackPulse announces $28M investment to help developers manage outages

When a system outage happens, chaos can ensue as the team tries to figure out what’s happening and how to fix it. StackPulse, a new startup that wants to help developers manage these crisis situations more efficiently, emerged from stealth today with a $28 million investment. The round actually breaks down to a previously unannounced […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/19/2021 09:08 EDT

UK’s WhiteHat rebrands as Multiverse, raises $44M to build tech apprenticeships in the US

University education is getting more expensive, and at the moment it feels a bit like a petrie dish for infections, but the long-term trends continue to show a dramatic growth in the number of people worldwide getting degrees beyond high school, with one big reason for this being that a college degree generally provides better […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/19/2021 09:04 EDT

Microsoft invests in Cruise in new $2 billion round

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as a cloud computing partner and investor. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 01/19/2021 09:00 EDT

ETH spin-off LatticeFlow raises $2.8M to help build trustworthy AI systems

LatticeFlow, an AI startup that was spun out of ETH Zurich in 2020, today announced that it has raised a $2.8 million seed funding round led by Swiss deep-tech fund btov and Global Founders Capital, which previously backed the likes of Revolut, Slack and Zalando. The general idea behind LatticeFlow is to build tools that […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 01/19/2021 09:00 EDT

Conversa Health expands its Series B round to $20M

Portland, Oregon-based Conversa Health, a virtual care and communication platform that helps health organizations stay in touch with their patients and customers, today announced that it has expanded its Series B funding round from $12 million to $20 million. The round is still co-led by Builders VC and Northwell Health’s venture arm Northwell Ventures. Additional […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/19/2021 08:05 EDT

K Health expands into virtual childcare and raises $132 million at a $1.5 billion valuation

K Health, the virtual health care provider that uses machine learning to lower the cost of care by providing the bulk of the company’s health assessments, is launching new tools for childcare on the heels of raising cash that values the company at $1.5 billion. The $132 million round raised in December will help the […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/19/2021 07:15 EDT

PPRO nabs $180M at a $1B+ valuation to bring together the fragmented world of payments

The pandemic hastened a shift of most commerce becoming e-commerce in the last year, and that has brought a new focus on startups that are helping to enable that process. In the latest development, PPRO, a London-based startup that has built a platform to make it easier for marketplaces, payment providers and other e-commerce players […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/19/2021 06:37 EDT

Calling Athens VCs: Be featured in The Great TechCrunch Survey of European VC

TechCrunch is embarking on a major project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Athens, Greece will capture how the country is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. We’d like to know how Greece’s startup scene is evolving, […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/19/2021 06:28 EDT

India asks WhatsApp to withdraw new privacy policy, expresses ‘grave concerns’

India has asked WhatsApp to withdraw the planned change to its privacy policy, posing a new headache to Facebook-owned service that identifies the South Asian nation as its biggest market by users. In an email to WhatsApp head Will Cathcart, the nation’s IT ministry said WhatsApp’s planned update to its data-sharing policy raised “grave concerns […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/19/2021 05:30 EDT

Spain’s Glovo inks real-estate tie-up to add more dark stores for speedy urban delivery

Spain’s Glovo, an on-demand delivery app, has announced a strategic partnership with Swiss-based real estate firm, Stoneweg. The deal will see the latter invest €100M in building and refurbishing “prime city real estate” in some of Glovo’s key markets as the delivery app works to build out its network of dark stores and sign up […] Read more

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