For More Equitable Startup Funding, The "Money Behind The Money" Needs To Be Accountable, Too
RiskIQ adds National Grid Partners as securing data becomes a strategic priority for utilities: Jonathan Shieber
RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor. The funding from the investment arm of National Grid, a multinational energy provider, is part …
Decentralized identity management platform Magic launches from stealth with $4M: Lucas Matney
For developers looking to quickly build identity management into their platforms, the most readily available options don’t stray far from the internet’s biggest, most data-hungry platforms. Magic, a small SF startup building a decentralized blockchain-based i…
For more equitable startup funding, the "money behind the money" needs to be accountable, too: Connie Loizos
As protests continue across the U.S. and beyond, there has been chatter this week in Silicon Valley and the venture industry more broadly about race and which venture firms have done a better job of diversifying their ranks and founder bets. There have been m…
Paperwork automation platform Anvil raises $5 million from Google's Gradient Ventures: Lucas Matney
Remote work has changed the tools offices need for communicating asynchronously across meetings and chat, but not all collaboration takes place in neat little chat bubbles. Anvil is a San Francisco startup that’s aiming to transform how businesses collaborate…
A COVID-19 resilience test for B2B companies: TX Zhuo, Colton Pace
While we are seeing lower valuations, we believe certain B2B technology companies may be uniquely poised to thrive, and are pursuing investment opportunities in this space with a renewed focus.
Andreessen Horowitz launches $2.2M fund to invest in underserved founders: Natasha Mascarenhas
Andreessen Horowitz announced today in a blog post that it is launching a fund designed to invest in underrepresented and underserved founders. The Talent x Opportunity (TxO) fund, which a16z says was in the works for six months, starts with $2.2 million in d…
NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools: Ron Miller
When Spotinst rebranded to Spot in March, it seemed big changes were afoot for the startup, which originally helped companies find and manage cheap infrastructure known as spot instances (hence its original name). We had no idea how big at the time. Today, Ne…
Join us to watch five startups pitch off at Pitchers and Pitches on June 10th: Marquise Foster
If you want to capture investor attention, you need a killer pitch. And that’s under normal circumstances. You’ve probably noticed that circumstances are anything but normal. With a global pandemic and the ensuing economic crisis, you’ll need to up your pitch…
Challenger bank Varo, soon to become a real bank, raises $241M Series D: Sarah Perez
Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG. Also participati…
Monzo to lay off up to 120 employees as the 'economic situation' remains challenging: Steve O'Hear
Monzo, the U.K. challenger bank, continues to be faced with tough decisions linked to the coronavirus crisis and resulting economic downturn. Following the shuttering of its Las Vegas-based customer support office and almost 300 staff being furloughed in U.K.…
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