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Otto, a fintech startup which aims to allow people to tap into their vehicle's equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially let people borrow against their vehicles at the same inter

Remember when a Twitter contractor deactivated Donald Trump's personal account for 11 minutes in 2017? Opal co-founder Stephen Cobbe says that is one example of an instance where certain employees were provided too much access to the inner-workings of the company. His company, based in San Fran

On-demand grocery delivery platform Instacart announced this morning that it's acquiring FoodStorm, a SaaS order management system (OMS) that powers end-to-end order-ahead and catering for grocery retailers. The companies have not disclosed the financial details of the deal, but as part of the

Your iPhone could soon be useful for more in a car than answering calls and spicing up the music selection. Bloomberg sources claim Apple is developing a technology codenamed “IronHeart” that would let you use your iPhone to control the climate system, radio, seats and even the instrume

BrightHire, a startup that wants to transform the way people are hired inside organizations, announced a $20.5 million Series B investment today led by 01 Advisors, with participation from Index Ventures and Zoom Apps Fund. The fact that Zoom Apps Fund is involved is not a coincidence, as the compa

Medley, the group coaching platform that focuses on both personal and professional development, announced the close of a $3.7 million seed round led by a16z today. Connie Chan and Anne Lee Skates of Andreessen Horowitz led the round, with participation from Aglaé Ventures, Foundation Capital, Ciar

Paddle, a solutions provider for subscription-based businesses, is betting on a future where App Store developers are able to use third-party payment systems — and it wants to be among the first to market with an alternative once such a system is permitted. The company today announced a new i

Increasingly, conversations about big data, machine learning and artificial intelligence are going hand-in-hand with conversations about privacy and data protection. Now, a startup that is building tools to make it easier for engineers to implement the two simultaneously is announcing a round of gr

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

When you think about service meshes, a somewhat esoteric cloud-native tool designed to stitch different microservices together, you might not think it’s the most lucrative side of the Kubernetes-led cloud-native market — but you’d be wrong. Today, Solo.io, a Cambridge, Massachuset

The rise of privacy-oriented financial blockchain projects are going to be crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain and crypto world, whatever some might cl

Sequoia is one of the most sought-after VC firms in the world, and predictably, it sees plenty of startups competing for its attention. In a recent episode of technewss Live (formerly Extra Crunch Live), Sequoia partner Stephanie Zhan and Nick Fajt, founder and CEO of social gaming platform Rec Ro

Cord, a startup that offers a single API to add Slack-like collaboration features to any app, has bagged $17.5 mlion in Series A funding. The round — which is pegged to fund product development, including by hiring engineers, designers and product managers — was led by European VC Index

PideDirecto, a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. Hussein Fawzi and Ronni Samir launched the company with Anders Steiner and Antonio Nacoud in September 2020. F