OpsLevel raises $5M to fix DevOps

The term “DevOps” has been rendered meaningless and developers still don’t have access to the right tools to put the overall idea into practice, the team behind DevOps startup OpsLevel argues. The company, which was co-founded by John Laban and Kenneth Rose, two of PagerDuty’

CloudBolt announces $35M Series B debt/equity investment to help manage hybrid cloud

CloudBolt, a Bethesda, Maryland startup that helps companies manage hybrid cloud environments, announced a $35 million Series B investment today. It was split between $15 million in equity investment and $20 million in debt. Insight Partners provided the equity side of the equation, while Hercules

Bitcoin is rallying

Just in case you hadn’t heard, or are annoyed that folks aren’t writing about it: Bitcoin is rallying, up around 16% in the last week to a value of a little more than $18,000 as of this morning. Here’s a chart of its recent gains, via YCharts (note, it’s a tiny bit behind, s

Astroscale sets March 2021 for first commercial orbital debris removal demonstration

Japanese startup Astroscale is aiming for March 2021 for a launch of its first-ever active orbital debris removal mission. This is a demonstration of its technology that it hopes to use to help ensure that low-Earth orbit becomes a sustainable environment for commercial activity as it becomes incre

Arrival becomes latest electric vehicle startup to test the public markets with a SPAC

Arrival has gone from stealthy electric vehicle startup to prospective public company in a span of a year. The UK-based company, which operated in relative secrecy for several years until January when it announced a $110 million investment from Hyundai and Kia, said Wednesday it has agreed to merge

The crowd goes wild for Yiming

There's no shortage of TikTok coverage in the news today as the app's fate in the U.S. hangs in the air. What the press doesn't always address is how TikTok gets here — how did a Chinese startup seize the lucrative short-video market in the West before Google and Facebook? What did it

Tapping into digital nomadism and ‘deep work’ trends, Skimlinks founder raises $1.5M for Flown

We already knew there was a big trend toward remote working, and this has only been drastically accelerated by the COVID-19 pandemic. At the same time, the distractions of daily life can easily impinge on the “deep work” many need to get done when working on something important, like wr

Pfizer says its COVID-19 vaccine is 95% effective in final clinical trial results analysis

Drugmaker Pfizer has provided updated analysis around its COVID-19 vaccine Phase 3 clinical trial data, saying that in the final result of its analysis of the 44,000-participant trial, its COVID-19 vaccine candidate proved 95% effective. This is a better efficacy rate than Pfizer reported previousl

Headway raises $26M to help people find therapists, and therapists to accept insurance

Mental health has taken a nosedive for many people this year — spurred by economic and political uncertainty, a Covid-19-fueled public health crisis, and being cooped up, among other things. In the U.S., a startup is today announcing some funding to make it easier for those who need it to fin

Houseparty adds 'Fortnite Mode,' bringing video chat to the popular game

Epic acquired Houseparty way back in June of last year, following an absolutely massive $1.25 billion raise. It was clear why the Fortnite publisher would be interested in the social video app. After all, Fortnite is one of the most social games around. Now, after several months of global quarantin

Apple dropping App Store fees to 15% for small businesses with under $1 million in revenues

Amid increased regulatory scrutiny over how it runs its App Store, Apple today announced it will reduce the App Store commissions for smaller businesses. Under the new guidelines of the “App Store Small Business Program,” as it’s called, developers earning up to $1 million per yea

Tourlane adds another $20M at a $242M valuation to help it weather the Covid storm

The tourism and travel industry has been one of the hardest hit by the global Covid-19 health pandemic, and today a promising startup in the space announced some funding to help it weather the storm. Berlin-based Tourlane, which has built a platform that mimics the role of an in-person travel agent

Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG

"attachment_2075594" aria-describedby="" style="width: 1024px">Food Market Hub co-founders Anthony See and Shayna Teh Many restaurants still rely on spreadsheets to track their inventory of produce, meat and other ingredients. But using manual methods often results in food wastage and higher costs.

Payments app True Balance raises $28 million to reach more underbanked users in India

True Balance, a South Korean startup which runs an eponymous financial services app aimed at tens of millions of users in small cities and towns in India, said on Wednesday it has raised $28 million in a new financing round and expects to turn a profit next year. SoftBank Ventures Asia, Naver, BonA