Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

Farshad Yousefi and Masoud Jalali used to drive through Palo Alto neighborhoods and marvel at the outrageous home prices. But the drives sparked an idea. They were not in a financial position to purchase a home in those neighborhoods (to be clear, not many people are) either for investment or to li

Leo AR, user-facing marketplace for 3D objects, raises $3 million seed round

Apple’s introduction of ARKit changed the game for entrepreneurs, not unlike the App Store did on a much, much larger scale back in 2008. One entrepreneur, Dana Loberg, has capitalized on the launch of ARKit with her startup Leo AR. Leo is the result of a few pivots. The compa

Synthesia’s AI video generation platform hooks $12.5 million Series A led by FirstMark

As AI improves, the possibilities of what we can do with the technology grow exponentially (for better or worse). Synthesia, an AI video generation platform, is looking to make video content creation as simple and efficient as possible, and FirstMark is taking a bet on it making the world better, a

Gaming infrastructure startup Pragma raises $12M from Greylock, Mark Pincus and others

Pragma is building what it calls a “backend as a service,” providing ready-made infrastructure to developers of online, live service games. And it’s announcing today that it has raised $12 million in Series A funding. The round was led by David Thacker at Greylock, with participat

Scale AI founder and CEO Alexandr Wang will join us at TC Sessions: Mobility on June 9

Last week, Scale AI announced a massive $325 million Series E. Led by Dragoneer, Greenoaks Capital and Tiger Global, the raise gives the San Francisco data labeling startup a $7 billion valuation. Alexandr Wang founded the company back in 2016, while still at MIT. A veteran of Quora and Addepar, Wa

Amazon is opening a London hair salon to test AR and other retail technologies

Amazon announced this morning it’s opening Amazon Salon, the retailer’s first hair salon and a place where Amazon aims to test new technologies with the general public. The salon will occupy over 1,500 sq. ft on Brushfield Street in London's Spitalfields, where Amazon says it will i

Watch Apple's Spring Loaded event light right here

Today, Apple is holding a (virtual) keynote at 10 AM PT (1 PM in New York, 6 PM in London, 7 PM in Paris). And you'll be able to watch the event right here as the company is streaming it live. Rumor has it that Apple plans to unveil a brand new iPad Pro. In particular, Apple

Cape Privacy announces $20M Series A to help companies securely share data

Cape Privacy, the early-stage startup that wants to make it easier for companies to share sensitive data in a secure and encrypted way, announced a $20 million Series A today. Evolution Equity Partners led the round with participation from new investors Tiger Global Management, Ridgeline Partners a

Grip Security raises $6M to improve SaaS security

Many large enterprises now rely on hundreds of third-party SaaS applications to do business, but their security organizations can barely keep pace. Right now, the state of the art for SaaS enterprise security are cloud access security brokers (CASBs) that act as intermediaries between users and the

Clearbanc rebrands its way into a unicorn

After five years of providing non-dilutive financing for founders, Clearbanc is tired of being only a bank. So, it's rebranding, and has just raised a $100 million Series C at a $2 billion valuation off of its broader ambitions. The new valuation is five times larger than it was when Clearbanc

Alphabet's CapitalG leads $40 million round in fintech Mantl

Community banks and credit unions aim to be the heart of the, well, communities, they serve. But without the big budgets of larger institutions, keeping up technology-wise can be a challenge. And not only are they competing with legacy players, there is also a slew of digital banks that have emerge

Pulumi launches version 3.0 of its infrastructure-as-code platform

Pulumi was one of the first of what is now a growing number of infrastructure-as-code startups and today, at its developer conference, the company is launching version 3.0 of its cloud engineering platform. With 70 new features and about 1,000 improvements since version 2.0, this is Pulumi’s

After a decade of bootstrapping, Octopus Deploy raises $172.5M from Insight Partners

"attachment_2140808" aria-describedby="" style="width: 1024px">Octopus Deploy’s chief financial officer Sonia Stovell and chief executive officer Paul Stovell. Image Credits: Octopus Deploy Founded almost a decade ago, Octopus Deploy has grown through bootstrapping to serve 25,000 organization

Cannabis banking act passes US House with bipartisan support

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement) banking act provides safe harbor for financial institutions to work with cannabis operators. If passed by the Senate and approved by Pres