Evernote quietly disappeared from an anti-surveillance lobbying group’s website
In 2013, eight tech companies were accused of funneling their users’ data to the U.S. National Security Agency under the so-called PRISM program, according to highly classified government documents leaked by NSA whistleblower Edward Snowden. Six months later, the tech companies formed a coali
Peter Boyce II has left General Catalyst to start his own $40M fund
Peter Boyce II has left General Catalyst to start his own firm, a little over a year after the venture capital firm promoted him to partner. His new firm is called Stellation Capital, and filings indicate that he is looking to raise up to $40 million for the debut investment vehicle. Sources say th
Instacart hires Facebook executive as new CEO ahead of expected IPO
Instacart has appointed Facebook executive Fidji Simo as its new CEO, just seven months after she joined the grocery delivery company's board of directors. Simo, formerly the vice president and head of the Facebook app, will replace Instacart founder and current CEO Apoorva Mehta on August 2. M
Achieving digital transformation through RPA and process mining
Understanding what you will change is most important to achieve a long-lasting and successful robotic process automation transformation. There are three pillars that will be most impacted by the change: people, process and digital workers (also referred to as robots). The interaction of these three
Dodge challenges: Can the automaker bring muscle into the electric future?
The term muscle car has always been a euphemism for concessions. Want the most power for the money? Forget about a sports car from Porsche or Lotus. Buy a muscle car and just take corners a bit slower. Today Dodge announced it’s making an electric muscle car and it will be available in 2024.
The Accellion data breach continues to get messier
Morgan Stanley has joined the growing list of Accellion hack victims — more than six months after attackers first breached the vendor's 20-year-old file-sharing product.
The investment banking firm — which is no stranger to data breaches — confirmed in a letter this week that attackers
PowerZ raises $8.3 million for its video game focused on education
French startup PowerZ has raised another $8.3 million (€7 million at today's exchange rate) including $1.2 million (€1 million) in debt — the rest is a traditional equity round. The company is both an edtech startup and a video game studio with an ambitious goal — it wants to build a ga
Robotic funding doesn't grow on trees
As I mentioned at the close of last week's roundup, the biggest issue in writing this roundup on Wednesday is that sometimes news breaks on Thursday morning. Again, I'm asking the robotics community to try not make any big headlines on Thursdays. That would really help a guy out.
Last week,
Rootly nabs $3.2M seed to build SRE incident management solution inside Slack
As companies look for ways to respond to incidents in their complex microservices-driven software stacks, SREs — site reliability engineers — are left to deal with the issues involved in making everything work and keeping the application up and running. Rootly, a new early-stage startup wants t
Miami twins raise $18M for Lula, an insurance infrastructure upstart
Lula, a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding.
Founders Fund and Khosla Ventures co-led the round, which also included participation from SoftBank’s SB Opportunity Fund, hedge fund manager Bill Ackman, Shrug Capi
Don't miss these highlights today, day one of TC Early Stage 2021: Marketing and Fundraising
Rise, shine and get your startup on, early founders. It's day one of TC Early Stage 2021: Marketing and Fundraising! Get ready to be schooled — in the best way possible — on essential skills, tips and tactics every founder needs to build a successful startup. And, like the sign says, the em
Homebrew leads Z1’s effort to bring digital banking to Latin America’s teens
Z1, a Sao Paulo-based digital bank aimed at Latin American GenZers, has raised $2.5 million in a round led by U.S.-based Homebrew.
A number of other investors also participated in the financing including Clocktower Ventures, Mantis – the VC firm owned by The Chainsmokers, Goodwater, Gaingels, Som
After entering Japan, Coupang continues its international expansion with Taiwan
"attachment_2175075" aria-describedby="" style="width: 1440px">A Coupang delivery driver in Taipei City. Image Credits: Coupang
One month after entering Japan, its first international market, Coupang has launched in Taiwan. The South Korean e-commerce giant began offering its service in Taipei City&
Cryptocurrency company Circle to go public in SPAC deal
Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC. Circle is better known as one of the founding members of the Centre consortium with Coinbase. Along with other crypto partners, they have issued USD Coin (USDC