&Open raises $7.2M from First Round Capital and LocalGlobe to send gifts at scale

We live in a world where companies have to send out “gifts” to individuals. Chocolate bars. Bottles of wine. You name it. Companies are gifting it. But right now, that operation is buried in a marketing department on a spreadsheet and is mostly pretty disorganized. A handful of startups

Climate risk platform Cervest raises $30M Series A led by Draper Esprit

Cervest — a startup with a platform that claims to quantify climate risk across multiple decades and threats down to the asset level — has raised a $30 million Series A round led by Draper Esprit. Previous investors Astanor Ventures, Lowercarbon Capital (Chris Sacca) and Future Positive Capital

Uncapped, which provides upfront revenue to digital companies, raises $80M in funding

Buzzy U.S. startup Pipe — which claims to be the “Nasdaq for revenue” — has just raised $250 million at a $2 billion valuation. The secret for the hype? It gives SaaS companies a way to get their revenue upfront, by “pairing them with investors on a marketplace that pays a discounted

White Star Capital launches new $50M crypto/blockchain fund backed by Bpifrance, Ubisoft

White Star Capital, better known as a VC firm which, in its time, has backed the likes of Digg, LaunchRock, Meero, Summly, and Tier, among others, is moving into the hot world of crypto and blockchain with a new $50 million Digital Asset Fund. The special-vehicle fund will specialize in investing i

Daily Crunch: India gives WhatsApp one week to revoke its updated privacy policy

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. Happy Wednesday, friends! It was another super-busy day in the tech world. I had my sights on Squarespace's public debut, as well as the value of Coinbase'

Mapping out one edtech company's $200M bet on lifelong learning

Mumbai-based Emeritus, an edtech company that works with universities to create online upskilling courses for employed folks, just spent a big chunk of cash to break into K-12. Emeritus, which is part of the Eruditus group, announced today that it plans to acquire iD Tech, a STEM education service

Google unpauses privacy-focused changes to Chrome UA strings

Google is resuming work on reducing the granularity of information presented in user-agent strings on its Chrome browser, it said today — picking up an effort it put on pause last year, during the early days of the COVID-19 pandemic, when it said it wanted to avoid piling extra migration burd

Ampere prepares to launch its first custom data center chips

Ampere, the server startup that is betting on bringing Arm-based chips to the data center and edge, is hosting its annual media day today. With the 80-core Altra and 128-core Altra Max, the company already offers a platform that can rival and outperform those of competitors like Intel and AMD in ma

Payroll automation startup raises $15.6M Series A led by General Catalyst

Payroll automation is not exactly the sexiest of startup areas but it's a pretty decent business. The larger startup in the space is Payfit, which has raised upward of $208.4 million to do something that lots of companies find quite painful. But Payfit does a lot of other things as well, potent

Gillmor Gang: Party Line

  In the early days of social media, all things seemed possible. Twitter was this weird reboot of blogs, with a social layer atop an RSS feed that gave authority to last in/first out musings by providing data not just about read or unread but shared by who. You could take that

Google updates Firebase with new personalization features, security tools and more

At its I/O developer conference, Google today announced a slew of updates to its Firebase developer platform, which, as the company also announced, now powers over 3 million apps. There’s a number of major updates here, most of which center around improving existing tools like Firebase Remote

Google updates its cross-platform Flutter UI toolkit

Flutter, Google’s cross-platform UI toolkit for building mobile and desktop apps, is getting a small but important update at the company’s I/O conference today. Google also announced that Flutter now powers 200,000 apps in the Play Store alone, including popular apps from companies like

Google launches the first beta of Android Studio Arctic Fox

At its I/O developer conference, Google today announced the first beta of the next version of its Android Studio IDE, Arctic Fox. For the most part, the idea here is to bring more of the tooling around building Android apps directly into the IDE. While there is a lot that’s new in Arctic Fox,

Android now powers 3B devices

Google’s Android operating system is now running on 3 billion active devices, Google announced at its (virtual) I/O developer conference today. In a briefing before today’s event, the company also noted that there were 250 million active tablets running Android last year, which is likel