LiveControl raises $30M to help venues livestream events

One thing seems certain: The past year-and-a-half has fundamentally transformed the world of live events. The pandemic left plenty of venues scrambling for alternative revenue streams and, in many cases, shutting down for good. On the flip side, it's been a massive driver for those companies wo

The Extreme Tech Challenge Global Finals 2021 starts tomorrow

Get ready for a startup throwdown of global proportions (literally). We're the proud hosts of the Extreme Tech Challenge (XTC) Global Finals, and the pitch competition action starts tomorrow, July 22 at 9:00 am (PT). Pro housekeeping tip: Attending this virtual pitch fest is 100% free, but you

Cyber risk startup Safe Security lands $33M from UK telco BT

Safe Security, a Silicon Valley cyber risk management startup, has secured a $33 million investment from U.K. telco BT.  Founded in 2012, Safe Security — formerly known as Lucideus — helps organizations measure and mitigate enterprise-wide cyber risk using its security assessment framework for

Pangaea Holdings, developing men's personal care brands, raises $68M, including minority stake from Eurazeo

Global investment group Eurazeo invested $53 million in Pangaea Holdings for a minority investment in the Los Angeles e-commerce company rooted in creating premium men's personal care brands. The investment is part of a larger $68 million round that includes $15 million in Series B funding from

Spendesk raises $118 million for its corporate spend management service

French startup Spendesk has announced earlier today that it has raised a $118 million funding round (€100 million) led by General Atlantic. Overall, the company has raised $189 million (€160 million) since its inception. Existing investors Index Ventures and Eight Road Ventures participated onc

Tumblr debuts Post+, a subscription service for Gen Z creators

As Twitter launches Super Follows, YouTube adds new monetization tools and Instagram embraces e-commerce, the social media sphere is heating up with new ways for creators to make a living. Now, Tumblr is joining the fray with Post+, the platform’s first attempt at allowing users to monetize t

YouTube to pilot test shopping from livestreams with select creators

YouTube will begin pilot testing a new feature that will allow viewers to shop for products directly from livestream videos. The feature will initially launch with just a handful of creators and brands, the company says, and is an expansion of the integrated shopping experience YouTube began beta t

Zebra raises $1.1M in a pre-seed round for messaging that pairs photos with voice chat

A new voice-based social app that cites Clubhouse as its biggest inspiration offers a playful new way to stay in touch with close friends and family. Zebra leaves video out of the equation altogether, inviting users to snap on-the-fly photos and send them off paired with casual voice updates. Zebr

i80 Group has quietly committed $1B in credit to the fintech and proptech worlds

Not every startup wants to raise venture capital. And then there are those that do want to raise VC money but don't want to use it for specific things. In recent years, a number of firms have emerged looking to meet the credit needs of such venture-backed and growth startups: i80 Group is one o

Epic Games acquires Sketchfab, a 3D-model sharing platform

New York-based startup Sketchfab has been acquired by Epic Games, the company behind Fortnite and Unreal Engine. Sketchfab has been building a platform to upload, download, view, share, sell and buy 3D assets. Essentially, it is the leading repository for 3D files on the web. Epic Games isn't d

Accion Systems raises $42 million in Series C to accelerate development of 4th-gen propulsion system

Space propulsion developer Accion Systems has closed its most significant funding round yet. The company raised $42 million in a Series C led by Tracker Capital, bringing its valuation to $83.5 million. Along with the investment, Tracker Capital also acquired a majority stake in the company. This l

Auto software company Sonatus raises $35 million from Hyundai Motor Group, SAIC Capital

California-grown automotive software company Sonatus raised $35 million in a Series A round that attracted high-profile technology and automotive industry companies including Hyundai Motor Group’s Kia Corporation, SAIC Capital and LG Electronics. Silicon Valley VC Translink Capital led the ro

Loop Returns locks in $65 million Series B led by CRV

Loop Returns, a software company looking to handle the costly and inefficient process of retail/e-commerce returns, has announced the close of a $65 million Series B financing round. The round was led by CRV, with participation from Shopify and Renegade Partners, as well as existing investors First

Sololearn raises $24M for its bite-sized, Duolingo-like mobile-first coding education app

Coding is not just for engineers and computer programmers anymore: The pace of technology and its growing ubiquity mean that even nontech roles will require workers to have some degree of knowledge to do their jobs in the future. Today a company called Sololearn — which has built a popular mo