Daily Crunch: Wefox CEO says $650M Series C was ‘much more than we wanted to raise initially’

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. Hello, and welcome to Daily Crunch for June 1, 2021. We're back from a long weekend here in the United States, which means that the blog has been humming all

Extra Crunch roundup: Inside Sprinklr’s IPO filing, how digital transformation is reshaping markets

Despite a recent history of uneven cash flow and moderate growth, SaaS customer experience management platform Sprinklr has filed to go public. In today’s edition of The Exchange, Alex Wilhelm pores over the New York-based unicorn’s S-1 to better understand exactly what Sprinklr offers:

Twitter’s acquisition strategy: Eat the public conversation

The last few months have been interesting for Twitter. After years of no innovation at all, Twitter is making big product changes. It has acquired Breaker and Revue, and presumably has more M&A coming. It’s coming out with Spaces. The only thing it clearly isn't working on is an edit

Ditto raises $1.5 million to help teams collaborate on copy

Even as remote software uptake has boomed during the pandemic, certain workflows have gotten prioritized for specialized toolsets while other team members have been left piecemealing their productivity. Employees designing the copy that directs users and encapsulates company messaging have been par

Unit tests an easier way for workers to organize

Work looks wildly different today than it did a year ago. In tech, every bit of the workplace has been tweaked to fit our new remote world. From scaling accountability and onboarding remotely to figuring out what old perks can be made socially distant — myriad decisions have been made at the

LIVE: Coda’s Shishir Mehrotra and Madrona’s S. Somasegar talk taking on Google on Extra Crunch Live

Collaborative software is so hot right now, but the space is also incredibly crowded. It can be hard to rise above the noise, but Coda has managed to do so with $140 million in funding and a valuation topping $600 million. So it should go without saying that we’re excited to hear from Coda CE

4 proven approaches to CX strategy that make customers feel loved

Customers have been “experiencing” business since the ancient Romans browsed the Forum for produce, pottery and leather goods. But digitization has radically recalibrated the buyer-seller dynamic, fueling the rise of one of the most talked-about industry acronyms: CX (customer experienc

Molecule.one grows its drug synthesis AI platform with a $4.6M seed round

Polish computational chemistry outfit Molecule.one has raised $4.6 million to expand its quest to bring theoretical drug molecules to reality. Its machine learning systems predict the best ways to synthesize potentially valuable molecules, a crucial part of creating new drugs and treatments. Molecu

Opting for a debt round can take you from Series A startup to Series B unicorn

Debt is a tool, and like any other — be it a hammer or handsaw — it's extremely valuable when used skillfully but can cause a lot of pain when mismanaged. Fortunately, this is a story about how it can go right. At the beginning of 2020, my company, Quantum Metric, was on a tremendou

Twitter to begin pilot testing Fleet ads starting today

Ads are coming to Twitter’s version of Stories, known as Fleets. The company announced today it will began pilot testing Fleet ads in the U.S., which will bring full-screen, vertical format ads to Twitter for the first time, allowing it to better compete with the vertical ads offered across s

7-Eleven to install 500 EV charging ports by the end of 2022

Convenience stores are ubiquitous — and they sell the vast majority of gas purchased by consumers in the United States. But as more Americans transition to electric vehicles, a major reason people visit convenience stores will disappear. Industry giant 7-Eleven is looking to capture this grow

Indivisible is training an army of volunteers to neutralize political misinformation

The grassroots Democratic organization Indivisible is launching its own team of stealth fact-checkers to push back against misinformation — an experiment in what it might look like to train up a political messaging infantry and send them out into the information trenches. Called the “Truth Brig

Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding

If you’ve experienced parenthood, you’re well versed in the surprisingly small world of disposable diapers. Help may be on the way. Kudos, a startup that is looking to reinvent the disposable diaper with sustainability in mind, announced the close of a $2.4 million seed round of financi

Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months

The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception.  A number of applications that aim to solve workflow challenges across the supply chain exist. But getting real-time access to information from transportation providers has remained somewhat elusive for shipper