Tag: Fundings & Exits
Stilt, which provides financial services for immigrants, raises $7.5 million seed round
Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital;…
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Zoom acquires Keybase to get end-to-end encryption expertise
Zoom announced this morning that it has acquired Keybase, a startup with encryption expertise. It did not reveal the purchase price. Keybase, which has been building encryption products for several years including secure file sharing and collaboration tools, should give Zoom some security credibility as it goes through pandemic demand…
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Extra Crunch Live: Join Hunter Walk for our live chat today at 10 am PT/1 pm ET
Today at 10am PDT, two-thirds of the Equity crew are sitting down with Hunter Walk, a venture capitalist with Homebrew and well-known seed-stage investor. Continuing TechCrunch’s running series of Extra Crunch Live discussions with prominent people in the tech industry, bringing Walk in for a discussion is fitting. Our recent…
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B2B SaaS growth may be on a path to recovery
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As the economy has worsened, the market for many goods and services has slowed. Some SaaS products have found themselves immune, or even boosted by recently changes in consumer and…
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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’
Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at…
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More debt, improving margins: How startups are retooling in the COVID-19 era
A new data set from Silicon Valley Bank (SVB) details how startups are reacting to the post-unicorn era as COVID-19-related disruptions upset the global economy and remake the risk tolerance of private investors. What SVB’s new report shows is unsurprising: venture capital deal volumes are falling, startups are tapping existing…
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