Wednesday, October 16, 2024

Support automation firm Capacity grows with new cash and acquisitions

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D. […]

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Tuesday, October 15, 2024

Nordic entrepreneur-led VC firm Node.vc closes €71 million first fund

From Switzerland’s Founderful to Italians Founders Fund and the Dutch Operator Fund, a new crop of European VC firms claim to operate as “entrepreneurs backing entrepreneurs.” Although it might still be early to call it a trend, Swedish fund Node.vc has now joined this group, with €71 million in funding to deploy into startups across […]

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The woman who filmed Waymo’s honking robotaxis got an apology promo—then spent all day using it

Sophia Tung set up a livestream this past summer, showing self-driving Waymo cars honking from the San Francisco parking lot near her apartment at all hours of the night. As a kind of apology for the nuisance, Waymo threw an ice cream party in Tung’s building and gave Tung, a former Twitter engineer, some promo […]

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Storio is helping other businesses unlock more value from solar energy

Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client. Storio believes solar panels have a bright future. But the company […]

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Former Palantir CISO Dane Stuckey joins OpenAI to lead security

Dane Stuckey, the former CISO of analytics firm Palantir, has joined OpenAI as its newest CISO, serving alongside OpenAI head of security Matt Knight. Stuckey announced the move in a post on X Tuesday evening. “Security is germane to OpenAI’s mission,” he said. “It is critical we meet the highest standards for compliance, trust, and […]

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Two more weeks to go: Connect with Meta, Dropbox, J.P. Morgan, and HP at Disrupt

In just over two weeks, TechCrunch will gather some of the startup world’s leading companies at Disrupt in San Francisco. But our partners provide more than just financial support. Their presence at Disrupt gives startups at any stage the tools, knowledge, and community they need to be a success. We thank Meta for their support […]

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Watch a robot dog run under water

MAB Robotics Tuesday showcased the latest trick from its Honey Badger robot. In a video, the quadruped is seen running along the bottom of a pool. Legs don’t generally make more sense than propellers or other more standard methods of underwater robot locomotion, but the video demonstrates a sense of robustness and dynamism not often […]

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Keep’s AIOps platform helps ops teams reduce alert fatigue

Alert management for developers and ops teams may seem like a solved problem. Notifying an on-call engineer isn’t exactly difficult anymore, after all. But the real question has become when to alert the right person and how to help them when a service goes down, for example. Many are turning to AI to solve some […]

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Elon Musk’s X still struggles to grow subscription revenue

Elon Musk’s plan to reduce X’s dependence on advertising revenue by increasing paid subscriptions is still not taking off. According to a new, third-party analysis of the X Premium subscription service by app intelligence firm Appfigures, X has pulled in approximately $200 million in in-app purchase revenue across iOS and Android since the original 2021 […]

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Internal blog post reveals Automattic’s plan to enforce the WordPress trademark using ‘nice and not nice lawyers’

Matt Mullenweg, the WordPress co-founder and Automattic CEO, has been embroiled in a very public and legal fight with WP Engine these last few weeks over the use of WordPress as a trademark, and fees Automattic believes WP Engine owes to the WordPress project – sparring that has resulted in WP Engine issuing legal demands […]

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Concourse is building AI to automate financial tasks

In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […]

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India’s Reliance targets 2G users with $13 4G phones offering streaming, payments

Reliance’s digital arm, Jio Platforms, has launched two new 4G-enabled handsets that offer access to live TV, music and video streaming as well as host the ability to make digital payments – all for a price tag of 1099 rupees ($13). The JioBharat V3 and JioBharat V4, successors to last year’s JioBharat model, feature 1.77-inch […]

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Oura Ring 4 isn’t an Apple Watch replacement, but that’s not the point

Oura didn’t invent the smart ring category. It did, however, make all that came before it effectively obsolete. The category dates back more than a decade; TechCrunch wrote about an NFC ring in 2013. The Motiv Ring is of far more recent vintage, but it ultimately struggled to find the right use case before being […]

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