Tag: Startups

E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

Shippit, a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga. Founded in 2014, Shippit’s technology automates tasks related to order fulfillment, including finding the best carrier for…

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Tecton.ai nabs $35M Series B as it releases machine learning feature store

Tecton.ai, the startup founded by three former Uber engineers who wanted to bring the machine learning feature store idea to the masses, announced a $35 million Series B today, just seven months after announcing their $20 million Series A. When we spoke to the company in April, it was working…

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Jeli.io announces $4M seed to build incident analysis platform

When one of AWS’s east coast data centers went down at the end of last month, it had an impact on countless companies relying on its services including Roku, Adobe and Shipt. When the incident was resolved, the company had to analyze what happened. For most companies, that involves manually…

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Why does TechCrunch cover so many early-stage funding rounds?

Funding-round stories are TechCrunch’s bread and butter. For early-stage companies, the fact that an investor has put thousands, millions (or billions) into an idea that will likely fail, and might never make money, is big news. That’s a story that we can tell every day. From time to time, a…

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It’s holiday season for tech unicorns

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Did you follow all of the unicorn news from the last couple of weeks? No? Here’s a list of headlines to catch you up, because this holiday…

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Mike Cagney is testing the boundaries of the banking system for himself — and others

Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long sexual harassment allegations prompted him to leave SoFi, the personal finance company that he cofounded in 2011, he raised $50 million for new lending startup called Figure that has since raised at least $225…

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