Day: October 10, 2019

The secretive New York-based hedge fund Tiger Global Management has led a $25 million Series C investment in Lattice, an employee performance and engagement management tool, with participation from the startup’s existing investors. The round, which values Lattice in the ballpark of $200 million, says co-founder and chief executive officer Jack Altman, comes just six […]

Global app revenue continues to climb, thanks to the growth in mobile gaming and the subscription economy. In the third quarter of 2019, consumer revenue grew 22.9% year-over-year from $17.9 billion to reach an estimated $21.9 billion across both the App Store and Google Play worldwide, according to new data from Sensor Tower. Notably, the […]

The electric vertical take-off and landing (eVTOL) industry is heating up, with a lot of companies finding dance partners for what looks like could be a boom industry — provided the significant technical and regulatory hurdles still standing in the way of viable commercial consumer air travel are overcome. Now, automaker Porsche is throwing its […]

Parsley Health, the NY-based service that focuses on the source of a medical issue rather than the symptoms, has today announced the close of a $26 million Series B round of funding led by White Star Capital, with participation from FirstMark Capital, Amplo, Alpha Edison, Arkitekt Ventures and Galaxy Digital. Flatiron Health founder Nat Turner […]

Xage is working with utilities, energy companies and manufacturers to secure their massive systems, and today it announced some significant updates to deal with the scale and complexity of these customers’ requirements including a new hierarchical blockchain. Xage enables customers to set security policy, then enforce that policy on the blockchain. Company CEO Duncan Greatwood […]

Vahdam Teas, an India-based e-commerce startup that sells fresh tea in international markets, has closed a new financing round as it looks to expand its presence in the U.S. and Europe. The three-year old startup said it has raised $11 million in its Series C financing round. The round, which according to a person familiar […]

NASCAR could introduce hybrid powered cars as early as 2022, NASCAR’s SVP for Racing Development John Probst told TechCrunch. The auto-racing series — which is America’s most popular motorsport — opened up on the development of competition vehicles powered by gas and electricity. “We travel the world visiting other sanctioning bodies and are not ignorant […]

While attention continues to be focused on the rise and growing sophistication of voice-based interfaces, a startup that is using artificial intelligence to improve how we communicate through the written word has raised a round of funding to capitalise on its already profitable growth. Grammarly — which provides a toolkit used today by 20 million […]

Salesforce certainly has a lot of tools crossing the sales, service and marketing categories, but until today when it announced Lightning Order Management, it lacked an integration layer that allowed companies to work across these systems to manage orders in a seamless way. “This is a new product built from the ground up on the […]