Ceph is an open source technology for distributed storage that gets very little public attention but that provides the underlying storage services for many of the world’s largest container and OpenStack deployments. It’s used by financial institutions like Bloomberg and Fidelity, cloud service providers like Rackspace and Linode, telcos like Deutsche Telekom, car manufacturers like […]
Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million. A major driver of global venture dollar growth is the relatively recent phenomenon of companies raising $100 million or more in a single venture round. We’ve called these nine and […]
Eight months after bringing in a $40 million Series D, Moogsoft‘s co-founder and chief executive officer Phil Tee confirmed to TechCrunch that the IT incident management startup had shed 18 percent of its workforce, or just over 30 employees. The layoffs took place at the end of October; shortly after, Moogsoft announced two executive hires. […]
Attention coders, designers and all other builders: the TechCrunch China Hackathon is returning to Shenzhen, the city known as the hardware capital of the world, this month and we want you to take part! So if your inner being is to code, design, build and hack cool things; if you want to have fun with others like […]
Elon Musk’s replacement as the chair of Tesla has been named and it is Robyn Denholm, an Australian executive who has been a director with the electric vehicle firm since 2014. Denholm is currently CFO of Australia-based telco Telstra and she’ll step into the breach once a six-month notice period is served, Tesla said in […]
Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances and in turn improve financial wellbeing, has raised £1.3 million in seed investment. The round is led by Kindred Capital, and company builder and investor Entrepreneur First (EF), with participation from various unnamed […]
Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this […]
Bilal Zuberi is a partner at Lux Capital, and is on the boards of Evolv Technology, CyPhy Technologies, and Nozomi Networks, among others. Silicon Valley is currently, and correctly, under fire for the failure of leading platforms such as Facebook, Google and Twitter to protect against the spread of disinformation, hate speech and efforts to […]
In another example of VR bleeding into real life, Cornell University food scientists found that cheese eaten in pleasant VR surroundings tasted better than the same cheese eaten in a drab sensory booth. About 50 panelists who used virtual reality headsets as they ate were given three identical samples of blue cheese. The study participants […]
Seva, a New York City startup, that wants to help customers find content wherever it lives across SaaS products, announced a $2.4 million seed round today. Avalon Ventures led the round with participation from Studio VC and Datadog founder and CEO Olivier Pomel. Company founder and CEO Sanjay Jain says that he started this company […]