Instagram adds a captions option for Stories and soon, Reels

Instagram is making its video Stories and Reels more accessible with the launch of a new “captions sticker” that will allow users to watch without having the sound on. The addition will not only make it easier for users who are hard of hearing or deaf to engage with video content, it al

Chromebook shipments grew 275% in Q1

New numbers from research firm Canalys point to continued growth for PCs in 2020/21, as the pandemic has forced many to rethink how — and where — they work. PC shipments have grown for four straight quarters. All told, the numbers (within which the firm lumps tablets, incidentally) grew

Headway raises $70M at a $750M valuation to help connect therapists with people and insurance schemes

Mental health, and how it is getting addressed, has been one of the major leitmotifs of the past year of pandemic living. COVID-19 not only has led to a lot of people getting ill or worse; it has increased isolation, economic uncertainty and led to a lot of other kinds of disappointments, and that

Personalized nutrition startup Zoe closes out Series B at $53M total raise

Personalized nutrition startup Zoe — named not for a person but after the Greek word for ‘life’ — has topped up its Series B round with $20M, bringing the total raised to $53M. The latest close of the B round was led by Ahren Innovation Capital, which the startup notes count

Radical Ethereum entrepreneurs are redefining what ‘rape kit’ means

Their investors call them disruptive innovators. Detractors like North Carolina Attorney General Josh Stein call them “dirty scammers.” But Leda Health co-founders Madison Campbell and Liesel Vaidya think of themselves as advocates for sexual assault survivors.  Among the feminists leveraging

HoneyBook raises $155M at $1B+ valuation to help SMBs, freelancers manage their businesses

HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers, announced today that it has raised $155 million in a Series D round led by Durable Capital Partners LP. Tiger Global Management, Battery Ventures, Zeev Ventures,

SAP CEO Christian Klein looks back on his first year

SAP CEO Christian Klein was appointed co-CEO with Jennifer Morgan in October 2019. He became sole CEO just as the pandemic was hitting full force across the world last April. He was put in charge of a storied company at 39 years old. By October, its stock price was down and revenue projections for

Firefly Aerospace raises $75M Series A at a $1B+ valuation, plus $100M in secondary sale

Firefly Aerospace has raised a total of $175 million, across a $75 million Series A round that valued the company north of $1 billion, and a $100 million secondary transaction which consisted of the sale of holdings held by primary Firefly investor Noosphere Ventures. The launch startup also announ

Tesla taps tiny startup’s tech to build cheaper, cleaner batteries

When Elon Musk stood onstage at Tesla's Battery Day in September and promised to cut lithium-ion battery prices in half, he claimed some of the savings would come from reinventing the dirty and complex process of making their nickel metal cathodes. “It's insanely complicated, like digging

Twitter acquires distraction-free reading service Scroll to beef up its subscription product

Twitter this morning announced it’s acquiring Scroll, a subscription service that offers readers a better way to read through long-form content on the web, by removing ads and other website clutter that can slow down the experience. The service will become a part of Twitter’s larger pla

Indian online teaching platform Teachmint raises $16.5 million

An Indian startup that began its life after the global pandemic broke last year said on Tuesday it has concluded its third financing round as it enables hundreds of thousands of teachers in the world’s second-largest internet market to run classes online and serve their students. Bangalore-ba

Persona lands $50M for identity verification after seeing 10x YoY revenue growth

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona, a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in a

Starboard Value puts Box on notice that it’s looking to take over board

Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management vendor know it in no uncertain terms in a letter published yesterday. The firm, which bought a 7.7% stake in Box two years ago, claims the company is underperforming, executing poorly and making bad

Acronis raises $250M at a $2.5B+ valuation to double down on cyber protection services

As cybersecurity continues to grow in profile amid an increasingly complex and dangerous landscape of malicious activity, a cybersecurity vendor that specializes in “all-in-one” services covering the many aspects of security IT has closed a big round of funding. Acronis has raised $250