Startups

Social media marketing firm Hootsuite says it has slashed its workforce by 30%. “We need to refocus our strategies to drive efficiency, growth and financial sustainability,” CEO Tom Keiser said in a statement sent to technewss. The company offered no specifics on what exactly is changi

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whazzaaaaaaa, we're back with another round of newsy goodness on this fine Tuesday. It's a pretty wild news day today, with a bunch of startup high-jinx.

Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed off

Last year was a record 12 months for the tech industry, with immense amounts of money flowing into both early- and late-stage companies as well as an all-time-high number of IPOs. But it feels like 2022 has been exactly the opposite. This year has proven that there is always risk in any investment,

Customer engagement and retention platform CleverTap has raised $105 million in a new financing round, the latest in a series of India-origin startups making fast inroads in the global SaaS race. Canada’s pension fund Caisse de dépôt et placement du Québec (CDPQ) led the California-headqua

You’ve managed to acquire a million users. Amazing. But if 999,999 of them don't make it through the funnel, or churn, now that's not so amazing. That's an extreme example, but it shows why optimizing your growth funnel is crucial in the early days of your company.

When She Matters co-founder Jade Kearney launched her company while a graduate student at NYU, she was looking to train psychologists to be culturally sensitive to the needs of Black women experiencing postpartum depression, women often left behind or ignored by the medical profession. Since taking

Online sales reached $1 trillion last year, and of that, $218 billion of merchandise was returned, according to the National Retail Federation. What's more is that for every $1 billion of items sold, retailers incur over $160 million in returns. We've seen companies get creative — for exa

As data privacy laws proliferate, it's becoming increasingly important for companies to protect sensitive data in their applications. Privya was born with the idea that privacy protection should happen at the code level in development before the code goes into production. One of the founders, C

Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, the company exclusively told technewss. This is the only capital the four-year-old company has raised to date. The total amount came from a recently closed $18 million Series A and

Accel has led a $2.6 million funding in Produze, an Indian startup that is attempting to help local agri-producers sell to international retailers, the latest in a series of bets as investors and entrepreneurs look to bring efficiency to supercharge one of the world’s largest agri-producers.

Haus launched in 2019 as an answer to a generation's craving for a more transparent alcohol brand, raising millions in venture funding from angels such as Casey Neistat, Away co-founder Jen Rubio and funds including Homebrew, Haystack Ventures, Coatue, Shrug Capital and Worklife Ventures. Haus

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, folks! A quick word on pitching. If you are starting your fundraising journey, apply to be part of the 2-minute life pitch practice on our technewss Live se

Ukrainians have often pioneered market-leading companies and built products that positively impact society, especially in the fintech sector. Despite the hurdles of war, the Ukrainian fintech community is working to create better infrastructure and regulation for the country, which can attract valu