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Sarah Perez @ TechCrunch · 03/10/2021 08:38 EDT

TikTok rolls out new commenting features aimed at preventing bullying

On the heels of last week’s launch of a new Q&A format for creators responding to viewer questions, TikTok today announced it’s rolling out new commenting features. Creators will now be able to control which comments can be posted on their content, before those comments go live. Another new addition, aimed at users who are […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 03/10/2021 08:13 EDT

Tetrate, the company born out of Istio’s open source app networking project, raises $40 million

Tetrate, the company commercializing an open source networking project that allows for easier data sharing across different applications, has raised $40 million. The round, led by Sapphire Ventures underscores the importance of the Istio project and just how critical services that facilitate cross-platform data sharing have become. Sapphire was joined by other new investors including Scale […] Read more ›

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TechCrunch
Jordan Crook @ TechCrunch · 03/10/2021 08:10 EDT

Join Sarah Kunst and Julia Collins for a live Q&A today at noon PT/3pm ET

Julia Collins is the first Black woman to co-found a unicorn in the form of Zume, a robotics company that cooked pizzas and delivered them at the same time. The company attracted investment from Softbank and was valued at a reported $2.25 billion in 2019, but ultimately didn’t live up to expectations. Collins is now […] Read more ›

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TechCrunch
Natasha Lomas @ TechCrunch · 03/10/2021 08:01 EDT

Russia is trying to throttle Twitter

In its latest strike against online content it doesn’t control Russia is throttling Twitter. State agency Roskomnadzor said today it was taking the action in response to the social media not removing banned content, claiming it had identified more than 3,000 unlawful posts that have not been taken down — and warning it could implement […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 03/10/2021 08:00 EDT

LatAm corporate spend-management startup Clara raises $3.5M, comes out of stealth

This morning Clara, a corporate spend-management startup focused on the Latin American market, announced its product launch and a $3.5 million pre-seed round led by General Catalyst. The company’s funding caught TechCrunch’s eye as there has been a flurry of funding for related companies serving the United States market. From Divvy to Brex to Ramp […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/10/2021 07:36 EDT

Optibus picks up $107M for a planning and operations platform aimed at mass transportation

Mass transportation is a critical part of how metropolitan areas keep moving, and today a startup that has built an AI-based platform to help mass transportation work more efficiently is announcing a huge round of funding to grow its business and tackle a new set of opportunities and challenges in the modern city. Optibus — […] Read more ›

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 03/10/2021 07:00 EDT

Cheese raises $3.6M for its digital bank aimed at the Asian-American community

Many things have accelerated in the world of fintech over the past year, not the least of which is the trend of digital banks aimed at specific communities in the U.S. In the past few months alone, a number of neobanks targeting the Black and Latinx communities have emerged. Most recently, we covered the $5 […] Read more ›

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 03/10/2021 06:02 EDT

Savannah Fund launches $25M fund to invest in African startups at seed and Series A

Savannah Fund, a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund —  led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Some of its well-known investments include South African car subscription […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/10/2021 06:02 EDT

Facebook targets emerging markets with Instagram Lite, a new Android app that takes up just 2MB, in 170 countries

Growth for Facebook is coming from the developing world, and so the social network today made another key move to cater better to consumers in those countries. After nearly three years in the planning, Facebook is taking the plunge today and officially launching Instagram Lite, a less data- and storage-intensive Android-only version of one of […] Read more ›

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TechCrunch
David Riggs @ TechCrunch · 03/10/2021 06:00 EDT

Cloud cybersecurity startup Lumu raises a $7.5 million Series A

Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 million Series A. The round was co-led by SoftBank Group Corp.’s SB Opportunity Fund and Panoramic Ventures. Lumu, co-founded and headed by Colombian native Ricardo Villadiego, offers a cloud-based service that helps companies continually scan and react to data compromises in real time. The […] Read more ›

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TechCrunch
Frederic Lardinois @ TechCrunch · 03/10/2021 06:00 EDT

Aqua Security raises $135M at a $1B valuation for its cloud native security service

Aqua Security, a Boston- and Tel Aviv-based security startup that focuses squarely on securing cloud-native services, today announced that it has raised a $135 million Series E funding round at a $1 billion valuation. The round was led by ION Crossover Partners. Existing investors M12 Ventures, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 03/10/2021 05:55 EDT

Sources: Web Summit will spin out its virtual conference software as a full-blown startup

Sources say Web Summit, the giant tech conference company which specialized in very large gatherings in cities like Lisbon, is poised to spin out its Hopin-like proprietary conference software as an independent startup. Although it’s put out a statement today that it will be licensing its software to the United Nations Development Programme, I’ve spoken […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 03/10/2021 02:27 EDT

Via buys mapping startup Remix for $100 million

Remix, the startup that developed mapping software used by cities for transportation planning and street design, was born out of a hackathon during a Code for America fellowship. Nearly seven years later, the San Francisco-based startup is being acquired by Via for $100 million in cash and equity. Remix will become a subsidiary of Via, […] Read more ›

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TechCrunch
Romain Dillet @ TechCrunch · 03/10/2021 02:00 EDT

Fleex lets you allocate a monthly budget for work from home equipment

Meet Fleex, a French startup that was formally named Flexlab. The company wants to make it easier to give some cash to your employees so that they can spend it on a desk, an external monitor, some computer peripherals, a nice chair, etc. Essentially, Fleex wants to make it easier to turn remote work into […] Read more ›

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TechCrunch
Manish Singh @ TechCrunch · 03/09/2021 23:30 EDT

Apple starts assembling iPhone 12 in India

Apple is beginning to assemble the iPhone 12 in India as it ramps up its production capacity in the world’s second largest smartphone market. Foxconn, a contract manufacturer partner of Apple, is assembling the iPhone 12 model — and no other iPhone 12 models — that is, Pro and Pro Max, and Mini — in […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 03/09/2021 19:09 EDT

Songclip raises $11M to bring more licensed music to social media

The team behind Songclip thinks that social media could use more music. Yes, music is a big part of the experience on a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “That is not the end of how music is going to be a feature, that is […] Read more ›

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TechCrunch
Steve O'Hear @ TechCrunch · 03/09/2021 19:01 EDT

Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status — is DST Global. Other […] Read more ›

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TechCrunch
Natasha Lomas @ TechCrunch · 03/09/2021 19:01 EDT

Jobandtalent takes $120M from Softbank to enter the US market

Spain’s Jobandtalent, a digital temp staffing agency startup which operates a dual-sided platform that matches temps with employers needing casual labor in sectors like ecommerce, warehousing, logistics and manufacturing, has grabbed €100 million (~$120M) in Series D funding from SoftBank’s Vision Fund 2. Previous investors — including Atomico, Seek, DN Capital, InfraVia, Quadrille, Kibo and […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 03/09/2021 18:42 EDT

Investors get a rise out of Walmart’s agreement to stock more Beyond Meat

Beyond Meat shares soared today on the heels of an announcement that Walmart is beefing up its relationship with the purveyor of meatless protein patties, sausages, and balls. 900 stores will now be stocking Beyond Meat’s hot Italian sausages and its party packs of beefless burgers — those grilling delectations for the omnivores, vegetarians and […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 03/09/2021 18:34 EDT

Daily Crunch: Dropbox acquires DocSend for $165M

Dropbox acquires a secure document-sharing startup, Sonos announces a new speaker and Google makes hotel listings free. This is your Daily Crunch for March 9, 2021. The big story: Dropbox acquires DocSend for $165M Dropbox already acquired electronic signature company HelloSign in 2019. By acquiring DocSend — which allows customers to share and track documents […] Read more ›

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