MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $24 and raising $192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced
Thanks to the Internet, you can order regular deliveries of everything from clothing to razors to geeky memorabilia. With Bespoke Post, you’re not just limited to one type of products — it ships its customer “box of awesome” that could be focused on style, travel, alcohol or something else entirely. Co-founder and CEO Rishi Prabhu
“It’s a way to give people a chance to have fun, maybe win, maybe learn something new.” That’s how former Vine co-founder Rus Yusupov describes his new trivia game show app HQ, which feels like Who Wants to Be a Millionaire meets Facebook Live. At 3pm and 9pm Eastern, thousands of people open up HQ’s
SelfMade brings professional photo editing to your phone — yes, literally. The startup, which is announcing that it has raised $11 million in funding, was founded by CEO Brian Schechter and CTO Zach Lloyd. Schechter was previously co-founder at IAC-acquired dating startup HowAboutWe, and he points to HowAboutWe as the starting point for his interest in photo
When you walk upstairs at the Strava offices over on Third Street in San Francisco, you’ll find boards as tall as your typical human. They’re covered with images — screenshots of Instagram posts, comments and a whole lot of paper cutouts of other social networks printed onto little sheets — and they served as the
Eyewear e-commerce giant Warby Parker is accused of signing partnership contracts and NDAs with online eyeglass prescription test startup Opternative, then stealing the technology to launch its own competing “Prescription Check” feature. That’s according to a legal complaint filed by Opternative last month that was unsealed today as the lawsuit unfolds. Opternative is seeking extensive
Boston and its surrounding universities are jam-packed with big ideas, but the problem is that many of them never get out of the lab. MIT president Rafael Reif recognized this and decided the city needed an engine to push those ideas and The Engine — part venture capital firm, part business incubator — was born.
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Silicon Valley may be the techiest place on earth, but even here, the way people open the front door hasn’t changed much in a century. Most of us still get in by turning a
While Airbnb continues to grow its number of hosts and guests on the platform, sending the hotel industry into a frenzy, landlords and building owners don’t share the same enthusiasm for the home-sharing platform as Airbnb users. But the company has a new plan that gets each party on board with home-sharing. The company is
Steve Wozniak, the Apple co-founder who changed the world alongside Steve Jobs, has today announced the launch of Woz U. According to the release, Woz U will start as an online learning platform focused on both students and companies that will eventually hire those students. Woz U is based out of Arizona, and hopes to
Building a token sale is at once quite simple — you build a token and sell it — and quite complex. A number of issues crop up immediately, including, but not limited to, the need for an expensive team of lawyers, marketers, social media experts and, until now, an expensive crew to build your smart
Some employees at Outcome Health, which provides advertising for pharmaceutical companies in screens within doctors’ offices, allegedly misled advertisers by charging them for ad placements on more video screens than the company had installed, according to a report by The Wall Street Journal. The startup installs screens in doctors’ offices free of charge and then
More people than ever are listening to podcasts, but as they soon find out, discovering new ones is a cumbersome process that lacks the serendipity users take for granted in other apps. CastBox wants to fix that by becoming “the YouTube of audio.” The podcast player for iOS and Android, which has raised $16 million in
The sharing economy continues to bear fruit. CarHopper, a platform for luxury car rental, has raised a $1.5 million seed round to expand to new markets. CarHopper started as a peer-to-peer platform for luxury car owners — think Lexus, Mercedes and BMW all the way up to Ferrari and Rolls Royce — to rent out
One night in Larry Guterman’s freshman year, he was at a loud party in a gym — and ended up with what he says was “ferocious” ringing in his ears afterward. But trip after trip to an audiologist, he said, came up without helpful results even though his hearing seemed to be headed south. Then,
Just as pre-teens in the 1990s were warned away from dialing 1-900 numbers, kids now need to learn how to navigate social media responsibly. Kudos, an app for kids aged eight to 13 with around-the-clock moderation, positions itself as a safe introduction to social media that also teaches its young users, some of whom were
On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
At the very beginning, there were 15 startups coming from all around Africa. After an incredibly fierce competition in Nairobi, Kenya, here are the winners of TechCrunch’s first ever Startup Battlefield Africa. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front
Houzz is expanding its presence in India by partnering with Times Bridge, the investment arm of The Times Group. As a result of the deal, Houzz said its content will be integrated into The Times Group’s online properties, including the Times of India. A Houzz spokesperson said this will be “the authentic Houzz experience” with the
Uber, SpaceX and Stripe rely on Solium to keep track of all their shareholders and stock plans; 10,000 smaller startups turn to Capshare for more streamlined equity software that’s not clumsy like spreadsheets. Now Solium is buying out Capshare and letting it run independently, so together they can handle shareholder management from inception to IPO.
Carspring, the London and Berlin-based startup that makes it easy to buy a used car, has gone quiet, amid reports that its recent £5 million in Series B funding fell through. According to sources, Rocket Internet has pulled its investment in the company, which it co-founded with ex-McKinsey management consultants Peter Baumgart and Maximilian Vollenbroich.
Verve, the U.K, startup formerly known as StreetTeam that offers a sales platform to enable brands to easily run advocacy programs, has picked up $18.5 million is Series B funding. The round is being led by publicly-listed VC Draper Esprit, with participation from previous investors Kindred, Frontline Ventures, and Backed. Focussing initially on tickets for
Laundryheap is a London-headquartered laundry on-demand startup that has taken a different path to competitors such as Laundrapp and Rocket Internet’s Zipjet. Rather than raise VC funding, the company, which claims to already be break even and is operational in London, Birmingham, Manchester, Dublin and Dubai, has been entirely bootstrapped over the last three years.
In the last two years, Unilever acquired Carver Korea for $2.7 billion. Estee Lauder purchased Too Faced Cosmetics for $1.45 billion. CVC Capital Brands bought PDC Brands for $1.43 billion. L’Oreal purchased a trio of skincare brands for $1.3 billion, and also IT Cosmetics for $1.2 billion. E.l.f. Beauty did an IPO. Venture capitalists didn’t invest in any of
One Night, the last-minute booking app for boutique hotels, is expanding internationally — starting today with London. One Night was created by Standard International, which is the parent company of Standard Hotels. Originally the company launched an app called One Night Standard, which was a way to get great deals on same-day bookings (starting at
Spiro aims to sell CRM software to businesses that have been avoiding traditional CRM products. CEO Adam Honig told me that he and his co-founders Andy Levi (CTO) and Justin Kao (vice president of growth) originally set out to build artificial intelligence products that could assist with CRM (i.e. the software that salespeople use to
Quinn Slack thinks we’re close to the future that Back to the Future II promised back in the ’80s — flying cars, artificial intelligence, sending rockets into space and the rest of the whole suite — but there’s a way to get there even faster. That’s why he and his co-founder Beyang Liu started Sourcegraph, a
Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. Founded in 2015 by Niall Bellabarba, Cristoforo
Issuu is giving publishers another way to make money from the digital magazines published on its platform. Previously, they could monetize their magazines through advertising or by using the content to drive purchases elsewhere. Now, Issuu is enabling digital sales, which means publishers can charge their readers for subscriptions and single issues. CEO Joe Hyrkin