Category: TC

Arweave’s permaweb stops coronavirus censorship, raises $8M

The Chinese government has been removing criticism of its coronavirus response from apps like Weibo, the local equivalent of Twitter. But before it can, that content is being saved, decentralized, and highlighted thanks to Arweave’s permaweb. Today it’s announcing another $8.3 million in funding from Andreessen Horowitz, Union Square Ventures,…

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Ada Health built an AI-driven startup by moving slowly and not breaking things

When Ada Health was founded nine years ago, hardly anyone was talking about combining artificial intelligence and physician care — outside of a handful of futurists. But the chatbot boom gave way to a powerful combination of AI-augmented health care which others, like Babylon Health in 2013 and KRY in…

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Inside the effort to turn startups into zebras, not unicorns

The priorities of venture capitalists don’t always align with those of startup founders and their workers. That’s why we’ve started to see more conversation and activity around cooperatives and the idea of Exiting to Community, spearheaded by Nathan Schneider, a professor of media studies at the University of Colorado, Boulder.…

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General Catalyst’s Quentin Clark gets specific on SaaS, cloud maturity and startup valuations

General Catalyst, a well-known venture capital firm with at least $1.4 billion in funds raised over time, has backed Hubspot, Jet, Ping Identity, and Kayak over the years. And General Catalyst isn’t slowing down, taking part in ten known rounds so far in 2020, including Karius’s Series B, Fastforward.ai’s Seed…

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Cobalt.io pen testing service brings wizard-like setup to platform

Cobalt.io wants to change the way companies purchase and pay for pen testing services, which test an application for vulnerabilities before it goes live. Today, the company announced a number of enhancements to the platform. Jacob Hansen, CEO and co-founder at Cobalt, says the pen testing business typically involves an…

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Citing Star Wars, Kleiner Perkins closes a $700M fund for early-stage companies

After going “back to the future” with a $600 million fund last year, VC firm Kleiner Perkins is aiming for some “returns of the Jedi” with its freshest (and refocused) fund.  With Star Wars references on the forefront in its announcement, the firm today announced that it has closed its…

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