Cloud security startup Wiz, now valued at $10B, raises $300M

Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 billion in 2022, according to Momentum Cyber. The popularity comes in part from the rise in cyberatta

Going private: A guide to PE tech acquisitions

Private equity (PE) firms spent a record $226.5 billion on take-private transactions globally in the first half of 2022, which is 39% higher than the same period in 2021. While overall mergers and acquisitions (M&A) activity slowed significantly in the second half of last year with equity marke

Born of drone tech, insuretech Flock raises $38M Series B to nudge commercial drivers towards safety

It's only human nature. If you tell a driver their insurance premium will go down if they drive more safely, then – it turns out – they will probably drive more safely. Scale that up to entire commercial fleets and the costs saving can become extremely significant. However, the tric

Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p

Don't leave developers behind in the Section 230 debate

Last week marked the first time the U.S. Supreme Court reviewed Section 230 of the Communications Decency Act of 1996. In oral arguments in the Gonzalez v. Google case, important questions were raised about platform responsibility and the risk of viral content. As the court grapples with these ques

Magic Eraser comes to more devices, Spotify gains an AI DJ, and Netflix decreases prices

It’s Friday (or should I say, Fri-yay.) You’ve made it. Give yourself a pat on the back — and then go read the rest of this issue of Week in Review, technewss’s newsletter summing up the past seven days in tech (sign up here to get it directly in your inbox every Saturday).

AI's hype isn't going to be simply star-studded 

Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. First off, hello to all the new Startups Weekly subscribers who joined us after last week's newsletter. I&

Biotech proved a surprisingly bright spot in 2022's startup correction

No startup sector was entirely immune from 2022's market uncertainty — except maybe AI — but some proved more resilient than others. Biotech was one of the most fortunate. The sector recorded 1,054 U.S.-based deals in 2022, worth a collective $30.7 billion, according to PitchBook data. Thos

Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Folks, we've got some really sad news for you. The weekend is here, which means that you have to stop working for a couple days. We know, it's a tragedy.

Hear from Oort and .406 Ventures on why cybersecurity companies thrive in Boston

Did you hear? The technewss Live crew is taking a virtual trip to the Northeast. On Monday, February 27 (that’s in a couple days!), we’re hosting a special, extended technewss Live event focused on Boston, and you’re invited to participate. Register for the free event right here

When do we reach the unicorn death cliff?

Concerns about high burn rates among tech startups are not new; they did not spring into being suddenly in the fourth quarter of 2021, the final three-month period of the most recent startup boom. If you rewind the clock to 2014, investors were worried about tech startups losing too much money. Com

A year on from Russia’s invasion, Ukrainian startups show astounding resilience

Today marks exactly one year since Russia’s illegal, unprovoked and brutal invasion of Ukraine. This week, a majority of the members of the United Nations reiterated its demand that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of

South Africa’s Envisionit Deep AI gets $1.65M to expand access to medical imaging

Dr. Jaishree Naidoo was in charge of pediatric radiology at a South African hospital in 2014 when she had a moment of epiphany after coming across a news story on the usage of AI recognition pattern in distinguishing animals. As a radiologist with 20 years of experience, Naidoo was already familiar

Daily Crunch: YouTube rolls out support for dubbing videos in more than 40 languages

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Happy Thursday, landlubbers and salty sea dogs! We've got some fun updates from the events team — Lauren S announced the technewss Early St