Monthly Archives: December 2018

AI-powered knowledge sharing platform Guru raises $25 million Series B

Guru, the enterprise-focused information sharing platform, has today announced the close of a $25 million Series B funding led by Thrive Capital, with participation from existing investors Emergence Capital, FirstMark Capital, Slack Fund, and Michael Dell’s MSD Capital. Guru came on to the scene in 2013 with the premise that organizations are not so great at building out informational databases, nor are they very good at using them. So Guru built a Chrome extension that simply sits as a layer on employees’ computers and surfaces the right […]

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Procter & Gamble acquires Walker & Company, Tristan Walker will remain as CEO

Walker & Company Brands, a startup making health and beauty products for people of color, has been acquired by consumer giant Procter & Gamble. The company was founded five years ago by Tristan Walker, who previously led business development for Foursquare, and who aimed to create products that would better serve the needs of people of color with coarse or curly hair. Walker & Co. started out with its Bevel shaving products for men, then launched Form, a collection of hair products for women. P&G says the […]

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Let’s talk hardware in Vegas

Hello, Las Vegas! We are all heading to LV for CES next month and instead of spending all our cash on a booth we’ll be wandering the halls and want to meet you as far away from the Convention Center as possible without ending up in the Grand Canyon. And we need your help. While I have some ideas, I’d love it if someone could recommend a nice place to host about 150 people with drinks, food, and other goodies. We’ll have beer, exhibitors, and some good […]

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AtScale lands $50 million investment led by Morgan Stanley

AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today. Morgan Stanley led the round with previous investors Storm Ventures and Atlantic Bridge joining in. New investor Wells Fargo also participated. The funding comes almost exactly a year after the company announced its $25 million Series C. Today’s funding brings the total amount raised to $120 million. Bringing on an institutional investor like Morgan Stanley is often a signal that the company […]

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See you in Poland next week

I’m heading back to Europe to hang out in Wroclaw and Warsaw, Poland. Are you ready? I’ll be at a Wroclaw event, called In-Ference, which is happening on December 17 and you can submit to pitch here. The team will notify you if you have been chosen. The winner will receive a table at TC Disrupt in San Francisco. The Warsaw event, here, is on the 19th at WeWork in Warsaw. You can sign up to pitch here. I’ll notify the folks I’ve chosen and the winner gets a table […]

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Wix launches a new suite of products for support, sales and marketing

Wix is taking a big step beyond website building today with the launch of a suite of products called Ascend. PR Manager Matt Rosenberg explained that just as Wix was founded with the aim of “demystifying and democratizing how you get online,” Ascend has a similar mission: “You don’t have to be a developer and designer to bring the same thing to business management and marketing.” Other website builders like Squarespace and Weebly (now owned by Square) have also introduced marketing tools, but Ascend seems like a […]

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With $15M, The Riveter plans to open 100 new female-focused co-working spaces

In a disappointing year for female-founded startups — at least those looking to raise venture capital — The Riveter not only closed its first institutional funding round, but it’s today announcing a $15 million Series A funding, bringing its total backing to $20.5 million. The Seattle-based co-working startup, led by co-founder and chief executive Amy Nelson (pictured), has raised the capital from lead investor Alpha Edison, with support from Madrona Venture Group, New America president and CEO Anne-Marie Slaughter, fashion designer Liz Lange and TOMS founder Blake Mycoskie . […]

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Lift Aircraft’s Hexa may be your first multirotor drone ride

We were promised jetpacks, but let’s be honest, they’re just plain unsafe. So a nice drone ride is probably all we should reasonably expect. Lift Aircraft is the latest to make a play for the passenger multirotor market, theoretical as it is, and its craft is a sleek little thing with some interesting design choices to make it suitable for laypeople to “pilot.” The Austin-based company just took the wraps off the Hexa, the 18-rotor craft it intends to make available for short recreational flights. It just […]

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Online liquor store Drizly just landed $34.5 million in fresh funding

Apparently, a lot of people realize at the last minute that they don’t have either beer, wine or liquor in their home when they need it. It’s certainly the most obvious explanation for a sizable new round of funding into Drizly, a six-year-old, Boston-based on-demand delivery app for alcohol that works with roughly 1,000 brick-and-mortar liquor stores across the U.S. and Canada to deliver spirits to customers in what it says is less than an hour. Indeed, according to a new SEC filing, the company has just […]

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WaveOptics nabs $26M as it sets its sights on lower-cost AR hardware

At the heart of the lightweight augmented reality glasses that you’ve been promised is a display engine that a handful of tech companies are racing to improve. WaveOptics is one such startup looking to expand the capabilities and shrink the form factor of waveguide displays. The U.K.-based company has just raised $26 million in what it’s calling the “first stage” of its Series C. The money is coming from Octopus Ventures as well as IP Group, Robert Bosch Venture Capital, Gobi Partners, Goertek and Optimas Capital Partners. Late last […]

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