TextIQ, a machine learning system that parses and understands sensitive corporate data, has raised $12.6 million in Series A funding led by FirstMark Capital, with participation from Sierra Ventures. TextIQ started as cofounder Apoorv Agarwal’s Columbia thesis project titled “Social Network Extraction From Text.” The algorithm he built was able to read a novel, like
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Yesterday, Tally, the startup looking to automate consumers financial lives, announced it had raised a $50 million Series C round led by Andreessen Horowitz and with participation from Valley heavy hitters Kleiner Perkins, Shasta Ventures, Cowboy Ventures and Sway Ventures. On the back of the announcement, TechCrunch’s fintech contributor Gregg Schoenberg sat down with Tally’s
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Echo, the U.K. startup that offers an app to help you manage your medication and order repeat prescriptions for delivery, has been acquired by healthcare company McKesson, owner of LloydsPharmacy. Terms of the deal remain undisclosed. However, I understand the buyout sees all of Echo’s existing investors exit, with McKesson becoming the majority shareholder and
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Cherry Ventures, the Berlin-based investor that backs European companies predominantly at seed-stage, has raised a third fund. The new “Cherry Ventures III” has closed at €175 million and will continue to be focused on seed, although the firm has historically invested at pre-seed and Series A, too. It will remain fairly industry agnostic, backing promising
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  Everyone’s worred about Mark Zuckerberg controlling the next currency, but I’m more concerned about a crypto Cambridge Analytica. Today Facebook announced Libra, its forthcoming stablecoin designed to let you shop and send money overseas with almost zero transaction fees. Immediately, critics started harping about the dangers of centralizing control of tomorrow’s money in the
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There are a number of key differences between Apple’s AirPower and lookalike knockoff, AirUnleashed. The most pertinent one, however, is that one of the two is actually available for purchase. Apple gave up the AirPower ghost back in March, after having gone silent on the product for some time, citing an inability to “achieve [its]
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NoGood CEO Mostafa Elbermawy describes how they evaluate a client’s growth challenges by quoting Zen teacher Hunryu Suzuki: “In the beginner’s mind there are many possibilities; in the expert’s mind there are only a few.” Rather than deferring to in-house playbooks, NoGood adopts an open mind combined with a methodical, data-driven approach to find untapped
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Youper, a mental health app with a chatbot it calls an “emotional health assistant,” has raised $3 million in seed funding from Goodwater Capital. The funds will be used to accelerate development of Youper’s artificial intelligence-based capabilities and grow its user base. Based in San Francisco, Youper was co-founded in 2016 by Dr. Jose Hamilton.
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MongoDB is hosting its developer conference today and unsurprisingly, the company has quite a few announcements to make. Some are straightforward, like the launch of MongoDB 4.2 with some important new security features, while others, like the launch of the company’s Atlas Data Lake, point the company beyond its core database product. “Our new offerings
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The first time I showed the Palm phone to the TechCrunch staff, they were excited. At the very least, it was a unique take on the category, designed to be a second phone for those moments that didn’t require a larger, bulkier device. But reality set in pretty quickly. The device’s capabilities were severely limited
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Nearly 8,000 Amazon employees, many in prestigious engineering and design roles, have recently signed a petition calling on Jeff Bezos and the Amazon Board of Directors to dramatically shift the giant company’s approach to climate change. By deploying a kind of corporate social disobedience such as speaking out dramatically at shareholders meetings, and by engaging
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