Category: TC
A revival at the intersection of open source and open standards
Guy Martin Contributor Guy Martin is the executive director of OASIS Open, one of the most respected nonprofit standards organizations in the world. He brings more than 25 years of experience as both a software engineer and an open-source strategist to OASIS Open, where he helps the organization realize the…
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Branch raises $50M to offer bundled auto & home insurance via an API
Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the…
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Aserto announces $5.1M seed to build authorization as a service
Aserto, a new startup from a couple of tech industry vets who want to build an Authorization as a Service solution, announced a $5.1 million seed round today from Costanoa Ventures, Heavybit Industries and several industry luminaries. The company’s two founders, Omri Gazitt, CEO and Gert Drapers, CTO, have decades…
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Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M
Wagely founders (from l to r): Tobias Fischer, Sasanadi Ruka and Kevin Hausburg Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Today, Indonesian EWA startup wagely announced it has raised $5.6 million in strategic…
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Trump congratulates Nigeria for Twitter ban, says more countries should do the same
Former President Donald Trump today issued a statement supporting the Nigerian government’s decision to suspend Twitter activities in the West African country. “Congratulations to the country of Nigeria, who just banned Twitter because they banned their President,” he said in the statement. The ex-President also encouraged other countries to follow…
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Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit
News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and on-site, “something that could be useful as more…
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