Kyklo raises $8.5M to bring electrical distributors online

Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding. The industry may sound a bit arcane, but it’s one that founders Remi Ducrocq (Kyklo’s CEO) and Fabien Legouic

The VC and founder winners of DoorDash's IPO

After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in the returns on the country's delivery startup champion. DoorDash's filing indicates that the

Nintendo's Switch dominates US console sales ahead of PlayStation/Xbox launches

Another banner month month for Nintendo hardware sales, per the latest figures from NPD. The firm puts Switch sales (including the standard and Lite models) at 735,000 units in the U.S., making the best October for a Nintendo console since the Wii sold 807,000 units in October 2008. It's been a

Onfido’s Husayn Kassai steps back, brings in new CEO ahead of a planned IPO

There are big changes today at Onfido, the global identity verification and authentication platform which has rocketed in adoption as so many services become digitized during the pandemic. The company, which has raised more than $200 million to date, is appointing a new CEO with the intention of mo

DoorDash files to go public

After filing earlier this year, DoorDash dropped its public S-1 filing this morning, bringing clarity to its numbers and moving it closer to a public debut that should happen before the end of the year. The company is one of several startups that we expect to see IPOs from before the year ends, des

Microsoft says hackers backed by Russia and North Korea targeted COVID-19 vaccine makers

Microsoft has revealed that hackers backed by Russia and North Korea have targeted pharmaceutical companies involved in the COVID-19 vaccine development efforts. The technology giant said Friday that the attacks targeted seven companies in the U.S., Canada, France, India and South Korea. But while

Using the GoPro Hero 9 Black and Zeus Mini to improve my manual driving skills

There are plenty of reviews out there for the Hero 9 already, so I wanted to do something a little different. I decided to put GoPro’s latest to the test while hugging turns in my 1970 Chevelle. I recently swapped the automatic transmission in it for a Tremec Magnum 6-speed m

This fintech-focused VC firm just closed a $75 million debut fund; backers ‘came out of the woodwork’

It’s no secret that a massive digital transformation is happening within financial services companies and amid the growing number of non-financial outfits that are also adding financial products to their offerings. Still, Sheel Mohnot, who was formerly a general partner at the fintech fund of

The US government sends mixed messages about TikTok's future

The fate of TikTok in the United States got even more confusing this week. The U.S. Justice and Commerce Departments sent conflicting messages today about TikTok’s future, which is now up in the air with the upcoming administration transition. The Department of Commerce said Thursday it would

More voting software FUD falls flat after Trump highlights dubious data

Reports that Dominion Software, which provides voting tabulation tools to about half the states in the U.S., “deleted” millions of votes have been soundly rebuffed after outgoing President Trump parroted numbers from a random internet forum. Tweeting Thursday morning about baseless clai

Daily Crunch: Apple releases macOS Big Sur

The latest Mac operating system arrives, Amazon faces a lawsuit over PPE and Disney+ turns one. This is your Daily Crunch for November 12, 2020. The big story: Apple releases macOS Big Sur This update, which was first announced five months ago at WWDC, includes a number of design ch

Personal finance startup Truebill raises $17M

Truebill, a startup offering a variety of tools to help users take control of their finances, announced today that it has raised $17 million in Series C funding. When I first wrote about the startup in 2016, it was focused on helping users track and cancel unwanted subscriptions. Since then, itR

Netflix’s latest experiment is a TikTok-like feed of funny videos

Netflix already borrowed the concept of short-form video “Stories” from social apps like Snapchat and Instagram for its Previews feature back in 2018. Now, the company is looking to the full-screen vertical video feed, popularized by TikTok, for further inspiration. With its latest expe

Gifting a gadget? Check its creep factor on Mozilla’s ‘Privacy not included’ list of shame

Buying someone a gadget is a time-honored tradition, but these days it can be particularly fraught, considering you may buy them a fitness tracker that also monitors emotions, or a doorbell that snitches to the cops. Mozilla has put together a helpful list of popular gadgets with ratings on just ho