Kumo, a startup offering an AI-powered platform to tackle predictive problems in business, today announced that it raised $18 million in a Series B round led by Sequoia, with participation from A Capital, SV Angel and several angel investors. Co-founder and CEO Vanja Josifovski says the new funding will be put toward Kumo’s hiring efforts…
Monthly Archives: September 2022
Instagram is currently a mess and users — including Kim Kardashian — are unhappy about it. The company is trying to cram too many features like Reels, Remixes, an algorithmic feed and NFTs into the app. Ansh Nanda and Hardik Patil got so frustrated that they decided to make an app called The OG App…
No matter what mayhem is going on in the markets, every company needs to stay on top of its accounting practices — especially in crypto, where the decentralized nature of transactions and the relative newness of blockchain tech pose all sorts of complications for traditionally-trained finance teams. Perhaps that’s part of the reason why less…
Robinhood is finally rolling out a beta version of its non-custodial crypto wallet to 10,000 customers on its waitlist after announcing the product in May, its CTO and general manager of crypto, Johann Kerbrat, told TechCrunch. The product is called Robinhood Wallet and will be the company’s first internationally-available app, Kerbrat said. The company revealed…
Sexual wellness brand Cake this week is expanding its product placement in some major retailers, including new space in CVS stores, as it announces $8 million in new Series A funding. We last profiled Cake in April when its line of lubricants, condoms, toys and sexual hygiene products made its debut in Target and took…
Danielle Cohen-Shohet developed a tech platform to help spa, studio and salon industry owners manage their operations. She had seen firsthand the challenges of running a small business as a freelance makeup artist, one of her jobs while she was a student at Princeton. So taught herself how to code, launched in 2016, raised $2.8…
Adobe’s intention to acquire Figma for $20 billion, announced earlier mid-September, sent shockwaves through the design industry, and not all of them positive. On a business level, it’s a no-brainer that Adobe has snapped up a rival whose design collaboration tools have picked up significantly more traction than Adobe’s home-grown XD platform. On a community…
Avidbots, a Canadian robotics manufacturer that develops autonomous cleaning robots, has raised $70 million in a Series C round of funding. Founded out of Kitchener, Ontario, in 2014, Avidbots has built a robotic floor cleaner called the Neo 2, designed for all manner of commercial environments, from airports and warehouses to shopping malls. Indeed, Neo…
The number of cyberattacks against big firms is constantly rising, and is now at the point where increased stress, long hours and hard work are business as usual for SecOps teams. Trellix recently polled 9,000 security decision makers from large organizations (at least 500 employees) and found that the average firm has to address some…
Nreal’s impressive AR glasses – the Nreal Air – are headed to the US along with a new adapter that’ll make the specs compatible with a load of new devices. Launching today, the Nreal Air AR glasses will be available on Amazon for $379. These glasses plug into a compatible smartphone via a USB-C cable…