Month: May 2017

Android Pay launched in Canada on Wednesday, with support for a number of major banks at launch, and additional banks to be added soon. The Android Pay debut in Canada was teased at Google’s I/O developer conference keynote earlier this month, and reported as imminent last week by MobileSyrup. The launch today includes support for
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CoreOS is hosting its user conference in San Francisco today. Unsurprisingly, the company had a few announcements to make at the event. Most of these centered around its Tectonic platform for managing Kubernetes-based container infrastructures. For the most part, these updates are pretty straightforward. Tectonic now uses the latest version of Kubernetes, for example (1.6.4),
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Concord wants to be your all-in-one solution for everything related to contracts. The startup just raised a $3.7 million Series A round from Alven Capital, with existing investors Streamlined Ventures, Bruno Deschamps and Thibault Poutrel also participating. Many departments rely on contracts to work with clients, suppliers, legal partners and more. But it’s still a
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Magicpin, an India-based company that combines elements of Foursquare with offline-to-online services, has closed a $7 million Series B round. The money comes from existing backers Lightspeed India Partners, Westbridge and undisclosed overseas investors, and it takes the startup past $10 million raised to date. The two-year-old company was founded by former Lightspeed investor Anshoo Sharma
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Former Microsoft CEO Steve Ballmer took the stage at Code Conference on Tuesday and talked about why he owns a large position in Twitter. “There’s a real opportunity to make that a valuable economic asset,” said Ballmer, defending his decision to invest in what has been a volatile ride for the social media company. He
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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: 2017 is miles ahead of 2016 when it comes to IPOs. Instead of the mere two tech IPOs we had this time last year, there have been at least 10, depending on what you count
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The tech industry is opening its eyes to the possibilities of raising money using cryptocurrencies like bitcoin and Ethereum through ‘initial coin offerings,’ and it’s about to see the first ICO from a major venture-backed company. Last week, Kik, a messaging app popular with young people in North America, announced an ambitious plan to launch its own currency
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Taxi drivers in Spain are protesting against ride-hailing apps Uber and Cabify today, holding strikes in multiple cities and a protest march in the capital. Early reports suggest 20,000 protestors took to the streets in Madrid. Meanwhile, both companies are continuing to recruit drivers — using another Spanish startup, Jobandtalent, to help them do so. For example, the below ad running
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CrowdJustice, a startup that brings crowdfunding to “public interest” litigation, has raised $2 million in seed funding for U.S. expansion. First Round Capital, and Venrock led the round, with participation from Bessemer, and previous investor Kindred Capital. The company also counts Bela Hatvany (first investor in JustGiving) and Jonathan McKay (Chairman of JustGiving) as backers.
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Taxi drivers in Spain are striking today in cities including Madrid, Barcelona and Valencia to protest at what they see as the exploitative practices of ride-hailing transportation apps Uber and Cabify. Cab drivers in Barcelona are staging a 24 hour strike and will be taking their distinctive black and yellow cars to Madrid to take part in a demonstration in the
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Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy. The global internet and entertainment conglomerate has invested in several online food ordering and delivery companies worldwide, including the Brazilian company iFood and, in Mexico, SinDelantal. Earlier
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