With Lime teaming up Uber, can rival Bird afford to go it alone?

Yesterday, we learned that 18-month-old, Bay Area-based electric scooter rental company Lime is joining forces with the ride-hailing giant Uber, which is both investing in the company as part of a $335 million round and planning promote Lime in its mobile app. According to Bloomberg, Uber also plans to plaster its logo on Lime’s scooters. […]

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The five best reasons you don’t want to miss Disrupt SF this September

TechCrunch’s Disrupt SF (Sept. 5-7) is our most ambitious event ever. And if we’re sure of one thing, it’s that people in the startup scene will extract more insights and inspiration from this Disrupt than any before. Here’s why… More, better programming. For the first time ever at Disrupt, we have two stages, plus two […]

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Doug Leone, the global managing partner of powerhouse Sequoia Capital, is coming to Disrupt

Sequoia Capital has been at the top of its game in the U.S. for decades, thanks to early investments in Google, Yahoo, LinkedIn and PayPal, as well as, more recently, its stakes in the messaging startup WhatsApp, the payments company Stripe and the video conferencing unicorn company Zoom. Yet unlike a lot of top-tier firms […]

View More Doug Leone, the global managing partner of powerhouse Sequoia Capital, is coming to Disrupt

Confirmed: Sequoia has already secured three-quarters of what will be an $8 billion global fund

Sequoia Capital, the 46-year-old venture firm, has secured $6 billion in capital commitments for an $8 billion global fund, according to a new report in the Financial Times. The report echoes a late April piece in The Wall Street Journal that reported Sequoia investors had already committed “roughly” $6 billion to the new fund. A […]

View More Confirmed: Sequoia has already secured three-quarters of what will be an $8 billion global fund

Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup

Ethos, the company that bills itself as making life insurance accessible, affordable and simple, has officially come out of stealth with an $11.5 million investment led by on of the world’s top venture firms, Sequoia Capital, and additional participation from the family offices of Hollywood’s biggest stars and an NBA all-star. Jay Z’s Roc Nation, […]

View More Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup

Truecaller makes first acquisition to build out payment and financial services in India

Sweden’s Truecaller started out life as a service that screens calls and messages to weed out spammers. In recent times the company has switched its focus to India, its largest market based on users, adding services that include payments to make it more useful. Now Truecaller is putting even more weight behind its India push […]

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SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this […]

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Free stock trading app Robinhood rockets to a $5.6B valuation with new funding round

Robinhood started off as a dead-simple stock trading application that had no transaction fees — but since it’s continued to grow, and especially as it starts to dive into cryptocurrenty, investors are getting pretty excited about its prospects and are pouring a ton of new funding into it. And it’s that tantalizing prospect of creating a […]

View More Free stock trading app Robinhood rockets to a $5.6B valuation with new funding round

The formula behind San Francisco’s startup success

Why has San Francisco’s startup scene generated so many hugely valuable companies over the past decade?

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Square is acquiring website builder Weebly for $365M

Square just announced that it’s reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it’s also been expanding into other areas, for example with the acquisition of food delivery service Caviar and corporate catering startup Zesty. Weebly, meanwhile, offers easy-to-use […]

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The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

Brud, the actual company behind one of Instagram’s most popular virtual influencers (it’s a thing), has raised millions of dollars from Silicon Valley investors because this is 2018 and everything is awful. Last week, the Los Angeles-based startup led by Trevor McFedries, outed itself as the collective consciousness behind the virtual celebrity Lil Miquela and […]

View More The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

Orchid Labs is in the process of raising $125 million for its surveillance-free layer atop the internet

Orchid Labs, a San Francisco-based startup that’s developing a a surveillance-free layer on top of the internet, has raised a bunch of funding, according to a newly processed SEC filing that shows the year-old startup has closed on $36.1 million. The money comes just five months after Orchid closed on a separate, $4.5 million in funding from […]

View More Orchid Labs is in the process of raising $125 million for its surveillance-free layer atop the internet