Prevailing wisdom states that as an enterprise SaaS company evolves, there’s a tendency to sacrifice profitability for growth — understandably so, especially in the early days of the company. At some point, however, a company needs to become profitable. Box has struggled to reach that goal since going public in 2015, but yesterday, it delivered
Tech
Zebra Fuel, the London-based startup that delivered fuel directly to your vehicle — backed by Robin and Saul Klein’s LocalGlobe, Brent Hoberman’s Firstminute Capital and Zoopla founder Alex Chesterman — has told customers it is “no longer” delivering fuel in London. However, it is unclear at this stage if the company has ceased operations entirely.
Peak Design has evolved from a crowdfunded upstart into a trusted accessory brand for photographers everywhere, and this week it introduced updates to its ‘Everyday’ line of backpacks and bags. These new and improved designs offer stuff that impresses anyone who was previously a fan of Peak’s work, and should also win the company brand
The Samsung Galaxy Fold is a very unique smartphone, in more ways than one. The most obvious differentiator is that it folds out to expose a large, continuous 7.3″ display, hiding the seam thanks to a flexible OLED screen. It’s also at the very top end of the smartphone market price-wise, which could explain why
Fintech startup Revolut is adding a key feature for users who want to replace their traditional bank account altogether. You can now pay with GBP direct debits. Revolut already added EUR direct debits last year. While most people use cards to pay for goods and services in the U.K., some businesses require you to pay
Jason Sherman, founder and CEO of TapRm (pronounced “taproom”), says it’s time for beer-lovers to do more of their shopping online. It’s an industry that Sherman knows well, having worked as an attorney at Anheuser Busch and at the alcohol giant’s ZX Ventures incubator. He said it was through the job that he began wondering
A joint investigation by watchdogs in Canada and British Columbia has found that Cambridge Analytica-linked data firm, Aggregate IQ, broke privacy laws in Facebook ad-targeting work it undertook for the official Vote Leave Brexit campaign in the UK’s 2016 EU referendum. A quick reminder: Vote Leave was the official leave campaign in the referendum on the
After a year of testing out environmental technologies for a private company, co-founder Patricia Ayma developed a process for bioplastic production using bacteria. The system turns organic matter, such as food waste, into a product that can be used as a biodegradable alternative to single-use plastics. “I realized that it was a simple technology for
Xerox fired the latest volley in the Xerox –HP merger letter wars today. Xerox CEO John Visentin wrote to the HP Board that his company planned to take its $33.5 billion offer directly to HP shareholders. He began his letter with hostile tone befitting a hostile takeover attempt, stating that their refusal to negotiate defied
Leavy.co, the Paris-born startup that offers a travel app for millennials to help them travel more without getting into further debt, has quietly raised $14 million in funding. The investment — which is pegged as a seed round and actually closed in January! — is led by Dutch investor Prime Ventures, with participation from angel
Establishing an enduring presence on the Moon will mean making a lot of landings — and NASA researchers want to make those landings as reliable and cheap as possible. This robotic “pallet lander” concept would be a dead simple (as lunar landers go) way to put up to 300 kilograms of rover and payload onto
$35 million-funded Omni is packing up and shutting down after struggling to make the economics of equipment rentals and physical on-demand storage work out. It’s another victim of a venture capital-subsidized business offering a convenient service at an unsustainable price. The startup fought for a second wind after selling off its physical storage operations to
Keegan Walden Contributor Keegan Walden, Ph.D, is the Co-founder & COO of Torch, a leadership development software platform. He is also a psychologist with a B.A. from Yale University and a Ph.D. from Northwestern University. My co-founder and I go to couples therapy. Our partnership is not romantic — we’re both married to other people
Detectify, the Sweden born cybersecurity startup that offers a website vulnerability scanner powered by the crowd, has raised €21 million in further funding. Leading the round is London-based VC firm Balderton Capital, with participation from existing investors Paua Ventures, Inventure and Insight Partners. Detectify says the new funding will be used to continue to hire
Hulu is currently down. We’re not sure why, and neither does Hulu. A stream of tweets complaining about the outage surfaced Sunday morning on the U.S. east coast, but it seems like a global outage. In response, Hulu’s Twitter support didn’t seem to know either, instead telling frustrated users that it’s looking into it. Fantastic.
Tesla CEO Elon Musk definitely didn’t have the most issue-free presentation during last night’s Cybertruck unveil, but he did pull off a pretty impressive ‘one more thing moment’ – revealing a surprise all-electric all-terrain vehicle (ATV) that Tesla created to pair with its futuristic pickup. The Tesla electric ATV didn’t get a lot of time
More than 12,000 attendees gathered this week in San Diego to discuss all things containers, Kubernetes and cloud-native at KubeCon. Kubernetes, the container orchestration tool, turned five this year, and the technology appears to be reaching a maturity phase where it accelerates beyond early adopters to reach a more mainstream group of larger business users.
Prince Andrew, The Duke of York, is to completely step down from his role as head of the Pitch@Palace initiative he set up at Buckingham Palace to showcase entrepreneurs, and the operation will be relaunched as ‘Pitch’ without any royal involvement, according to a well-placed source close. Despite indications on Thursday that the Duke had
Netgear has released the first updated Canvas digital art from from Meural since acquiring the company last September, and the next-generation connected frame comes with some decent quality-of-life improvements as well as a new, additional size. It’s not a dramatic change from the original Meural Canvas, but it means that a product that was already
T-Mobile has confirmed a data breach affecting more than a million of its customers, whose personal data (but no financial or password data) was exposed to a malicious actor. The company alerted the affected customers but did not provide many details in its official account of the hack. The company said in its disclosure to
E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called VTEX — which originally got its start in Latin America helping companies like Walmart expand their business
Meet Bellman, a new French startup that wants to improve residential building management using technology and a fair amount of human interactions. The startup has been co-founded by Antonio Pinto, who previously co-founded TV Time. “I know this space quite well because I’m the son of a caretaker so I grew up in the caretaker’s
Two-factor authentication is good! SMS-based two-factor authentication? Not the best option. After countless tales of people having their phone numbers and inbound SMS hijacked by way of SIM swapping, it’s clear that SMS just isn’t the right solution for sending people secondary login codes. And yet, for many years, it’s been the mandatory go-to on
Summer camp for adults and beloved tech-free weekend getaway Camp Grounded ground to a halt in 2017. Its big-hearted founder Levi Felix who’d espoused the joys of trading screens for nature walks was tragically killed by brain cancer at just age 32. Left in his wake was mourning community who’d lost their digital detox rally
More than $1 trillion is spent by enterprises annually on “digital transformation” — the investments that organizations make to update their IT systems to get more out of them and reduce costs — and today one of the bigger startups that’s built a platform to help get the ball rolling is announcing a huge round
Circ, the Berlin-based e-scooter rentals — or so-called micro-mobility — company founded by Lukasz Gadowski of Delivery Hero fame, has made a number of layoff, TechCrunch has learned. This has seen a reduction in headcount in its HQ and other regional operations. The exact number isn’t clear, although once source placed it at around 50
Sonos revealed during its quarterly earnings report that it has acquired voice assistant startup Snips in a $37 million cash deal, Variety reported on Wednesday. Snips, which had been developing dedicated smart device assistants that can operate primarily locally, instead of relying on consistently round-tripping voice data to the cloud, could help Sonos set up
Spark, the popular email app from Readdle, has been redesigned on iOS and Android. The interface has always been a bit busy in the mobile app. That’s why the updated app now features a cleaner design and a handful of new features. On the design front, Spark now uses simple headers to separate smart sections,
Dream Games, a Turkish mobile gaming company founded by former Peak Games employees who worked together on hit puzzle games Toy Blast and Toon Blast, has raised $7.5 million in seed funding. Leading the round is Makers Fund, with co-investment from London’s Balderton Capital. The funding will be used to increase headcount within the Dream
With Jinx, three former members of the Casper team are looking to bring what CEO Terri Rockovich called “the Casper playbook” to selling dog food. The startup has raised $5.65 million from an all-star list of investors including Alexis Ohanian of Initialized Capital, Align Ventures, Brand Foundry, Wheelhouse Group, Will Smith and his family, the