Venture

Alex Iskold is “one of the luckiest people you’ve ever met,” he says from his office in New York. He’s the co-founder and managing partner of a venture firm, 2048 Ventures. He previously spent five years with Techstars as the managing director of its New York City program, w

Sorenson Ventures may not be a household name, but the Lehi, Utah-based firm has quietly backed 30 enterprise startups since 2017 when it launched its initial $100 million fund, some exiting via acquisition and some sporting flashy valuations. Today, the company announced that it has raised its sec

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Tuesday, March 8, 2022! Today was an Apple event day, which means that the larger tech industry ground to a

After seven years since its last financing round, AngelList Venture has raised new capital, according to sources familiar with the matter. The company announced in a blog post today that it has raised a $100 million Series B led by Tiger and Accomplice at a $4 billion valuation.

Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of offerings — rather, they are valuable tools employers can use to differentiate themselves from competitors and att

Driven by and for the community that she's spent years building up, entrepreneur Lolita Taub is launching Ganas Ventures, an early-stage venture capital firm. The debut fund has a target of $9.99 million, and Taub has so far raised $1.2 million from investors, including Backstage Capital's

Founders Fund has garnered a lot of money from investors; it has also returned quite a bit of capital. A lot of the action on both fronts has happened very recently. Yesterday, the 17-year-old outfit took the wraps off more than $5 billion in fresh capital commitments across two new funds — a

Earlier this week, technewss reported that the former head of payments at Instacart recently left the grocery delivery outfit for a new adventure. As it happens, Matthew Birnbaum, Instacart’s head of talent acquisition for the past four years, is also out the door, having quietly joined the

The world’s most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS). PoS, favored over its predecessor for its relative energy efficiency, lets users validate transactions on the network by temporarily depositing, or staking, a certain a

Atomic, a provider of payroll APIs, has raised $40 million in Series B funding just five months after announcing its Series A financing. Mercato Partners and Greylock co-led Atomic's latest round, which the company described as “preemptive,” meaning that it was not technically seeking to ra

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Wednesday, March 2, 2022. We have a packed newsletter for you today. We've got acquisitions, funding rounds, the end of

Homebrew has a new cup of tea (or coffee, or beer, or beverage of your choosing). The venture capital firm is leaving its strictly seed-stage roots — and its traditional venture structure — and pursuing a more stage-agnostic evergreen model that is funded solely by Satya Patel and Hunte

Ali Partovi prides himself on the many relationships he has built throughout Silicon Valley as a highly successful entrepreneur and investor. For example, two years ago, Partovi launched a program through his nearly five-year-old networking organization and associated venture firm, Neo, wherein he

As the crypto space has grown in popularity, some of the most popular blockchains have struggled to meet user demand.  New projects are aiming to tackle issues like notoriously high energy use, hefty gas fees and low transaction throughput that are plaguing some of the major blockchain networks. E