Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020

Many of the world's organizations shifted to remote work due to the COVID-19 pandemic. But even as more people are vaccinated and offices are planning re-openings, it's clear that for some organizations, remote work is here to stay.  Deel, a startup that provides payroll, compliance tools

SoftBank bets big on a ‘digital Ellis Island’

Welcome Tech, which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.'s SB Opportunity Fund. Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital

Stix expands from at-home pregnancy and ovulation tests to UTI products with $3.5M seed

Companies like Ro and Hims have capitalized on the need for more seamless and discreet access to health and wellness products that are part of everyday life. For men. Stix is looking to do the same for women, and has today announced the raise of a $3.5 million seed round. The financing was co-led b

OneSoil raises $5 million for its farm monitoring tech

OneSoil, a company pitching technology to help farmers monitor fields and increase yields, has raised $5 million from international investors Almaz Capital and PortfoLion. The company’s tech integrates satellite imagery with mobile and desktop applications for farming analytics. These offerin

AppOmni raises $40M for tools to secure enterprise SaaS apps

Enterprises are adopting an ever-wider range of SaaS applications to work and interface with customers, and that is proving to be a major security concern: It’s not just the prospect of phishing, credential stuffing and other malicious tricks to get into systems that are a worry, but the fact

Authzed scores $3.9M seed to build permissions API service

Authzed, an early-stage startup that wants to make it easier for developers to build permissions in their applications, announced a $3.9 million seed round today. The investment was led by Work-Bench with participation from Y Combinator and Amplify Partners. CEO and co-founder Jake Moshenko says th

UK startup Causal raises $4.2M to kill Excel with a better number-crunching app

Excel and Google Sheets can only address pure “number crunching” in a limited way. A new U.K. startup, Causal, hopes to tackle this issue and has now raised a $4.2 million seed round led by Accel. Existing investors Coatue, Passion Capital, Verissimo Ventures, Naval Ravikant, Varadh Jai

Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. But most of these companies and developers find it difficult to access real-time banking data. This, in turn, creates a bottleneck when onboarding and verifying customer

Early Coinbase backer Garry Tan is keeping the ‘vast majority’ of his shares because of this deal

A week after the cryptocurrency exchange Coinbase staged a direct listing, much of the focus remains on the wealth that the listing generated for executives at the company, its board members and its private investors. Citing data from Capital Market Laboratories, Cointelegraph on Monday noted, for

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders

Restaurants rode a wave of usage of food delivery services like Deliveroo, Uber Eats and DoorDash in the last year, discovering new revenues and ways to connect with diners to offset the fact that in-person trade for many of them had disappeared overnight. But they also discovered something less ap

BlaBlaCar raises $115 million to build all-in-one travel app

French startup BlaBlaCar has raised a new $115 million funding round (€97 million). While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace with the acquisition of Ouibus and an online bus ticketing platform with the acquisition o

Discord walked away from Microsoft talks, may pursue an IPO

A month after reports that Microsoft sought to buy the hot voice chat app Discord surfaced, those talks are off, a source familiar with the deal confirmed to technewss. Discord is considering plans to stay independent, possibly charting a path to its own IPO in the not-too-distant future. The Wall

Tom Brady and Salesforce Ventures pour millions into Class, a Zoom-friendly edtech startup

Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital table. CEO and founder Michael Chasen said that Ma

Catch&Release raises $14M to help marketers find and license content from across the web

Catch&Release founder and CEO Analisa Goodin told me that she wants to help brands break free from the limitations of stock photography — and that her startup has raised $14 million in Series A funding to achieve that goal. Goodin explained that the company started out as an image research fi