OfBusiness, an e-commerce startup that sells industrial goods and provides small businesses with credit, is in talks to raise a new round of funding at a valuation of over $4.5 billion, three sources familiar with those talks told me. If the talks materialize, it would be the fourth financing round OfBusiness will secure this year. […]
Time and time again, tech’s most powerful companies have pushed the narrative that any threat to their own trillion-ish dollar businesses will trickle down, hurting the small companies that rely on their products. But counter to the warm and fuzzy anecdotes that big tech has rolled out over the years, some business owners struggle with […]
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was […]
Throughout history, traditional marketing and advertising have led the way. In fact, they were the only way. Magazines, newspapers, print ads, billboards, radio spots, and – more recently – TV ads have been relied upon to do the heavy lifting. But since the mid-2000s, that’s all changed. The growth of the internet gave way to […]
Google has held discussions to invest over $50 million in Indian social commerce startup Meesho, which recently secured $570 million in a financing round, according to a source familiar with the matter. The Android-maker, which has backed over half a dozen startups in India, has yet to make the investment in Meesho, according to another […]
Bolt Mobility, a micromobility company co-founded by Olympic sprinter Usain Bolt, has launched an in-app navigation system for its e-scooters dubbed “MobilityOS.” To make this feature easy to use, Bolt’s next generation of scooters, the “Bolt Two,” allows a rider’s smartphone to be mounted to, and charged by, the scooter. The simple act of adding […]
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate […]
If you’re standing at the water’s edge of the San Francisco Bay, chances are that you have half a dozen high-speed internet providers clamoring for your attention, eager to give you gigabits of internet. That isn’t the case for billions of people in rural communities around the world, who often have to make do with […]
Joe Leonard Contributor Share on Twitter Joe Leonard is the CTO and VP of security strategy at GuidePoint Security, where he leads the development and implementation of security consulting services for customers. “Zero trust” is certainly a buzzword that gets freely thrown around in cybersecurity. But what does it actually mean? Also, why is a […]
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 21, 2021! News today was all over the map, including a number of items dealing with a very particular former U.S. president. TechCrunch has […]