Day: February 11, 2020

Indiana-based rocket fuel startup Adranos has raised $1 million, after closing an oversubscribed round led by Archibald Cox Jr., chairman of private investment firm Sextant Group. The funding will be used by Adranos to build out its manufacturing capability, and to pursue additional key hires to build out its team. Adranos is building a new […]

Negotiatus, a SaaS business meant to optimize and streamline the purchasing and procurement process for businesses, has today announced the close of a $10 million Series A round. The funding was led by Rally Ventures, with participation from ERA, 645 Ventures, Green Visor Capital and Stage 2 Capital. This brings the company’s total funding to […]

Google Nest, the smart home brand for Google’s line of smart speakers, thermostats, smoke detectors and more, announced this morning that it will soon require all Nest users to enroll in two-factor authentication to further protect their account. The feature has long been available to Nest users, but was previously optional. Given that most users […]

There has been a proliferation of venture capital the past few years, as funds go up and down the stack looking for unique and high-return opportunities in the startup landscape. Large funds are increasingly investing in small rounds, which has forced seed investors to answer much more carefully why they should exist in the first […]

Companies spend a lot of money and time testing their security defenses (or at least they should). Sometimes they hire a set of consultants called a “red team” to attack (in a safe way) their systems and see where vulnerabilities are. Today, Randori, a Boston-based security startup, introduced Randori Attack Platform, which effectively packages the […]

SoundCloud, the music streaming company that has been described as the “YouTube of audio” because of its profusion of user-generated content, has some big, strategic investment news today. The company has raised $75 million in funding from satellite radio giant SiriusXM, owner of streaming giant Pandora, which has an ad partnership with SoundCloud. The funding […]

Following TechCrunch’s coverage of 500 Startups’ 25th batch (and numbers 24, 23, 22, and 21, in case you wanted to go back in time), today we’re saying hello to the accelerator’s 26th cohort. 500 Startups, in case you weren’t aware, is a seed-stage accelerator and a collection of venture funds. The group, now with a […]

What started out as a temporary pilot project to test a robotaxi service in Las Vegas has turned into a multi-year partnership between self-driving software company Aptiv and Lyft and a new milestone that suggests the operation is ramping up. The companies announced Tuesday that they’ve given 100,000 paid rides in Aptiv’s self-driving vehicles via […]

London’s tech scene is playing musical chairs. In people news from the investors scene, the UK’s Angel CoFund (ACF) has now made two key appointments to the team and board. Former ACF Chairman George Whitehead moves to the position of Partner. Alliott Cole, the current CEO of Octopus Ventures, joins the fund as non-exec Director. […]