BackboneAI scores $4.7M seed to bring order to intercompany data sharing

BackboneAI, an early-stage startup that wants to help companies dealing with lots of data, particularly coming from a variety of external sources, announced a $4.7 million seed investment today.

The round was led by Fika Ventures with participation from Boldstart Ventures, Dynamo Ventures, GGV Capital, MetaProp, Spider VC and several other unnamed

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The Robinhood app went down again as stocks got routed on Wall St.

Investors using the trading app from Robinhood were once again locked out of trading after the app went down on another heavy (bad) day of trading on Wall Street.

After about an hour of downtime, functionality on the app has now been partially restored.

The latest outage came one week after an outage took down the app on what was one of the busiest

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Startup accelerator Y Combinator announced today that it has moved its demo day online, citing a “growing concern over COVID-19,” or coronavirus. The demo day has historically drawn crowds of Silicon Valley elite, journalists and both national and international venture capitalists to watch more than 100 startups come out to the world. 

“While we w

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Mike Hudack, former CTO of Deliveroo and now an ex-VC, has joined Monzo as Chief Product Officer

Mike Hudack, the former CTO of Deliveroo and most recently a founding partner at London venture capital firm Blossom Capital, has quietly joined Monzo as the challenger bank’s new Chief Product Officer.

TechCrunch understands that Hudack had previously been advising Monzo on a part-time basis for the past 11 months, while simultaneously working

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TFLiving, looking to bring amenities to residential and commercial spaces, has today announced the close of a $4.8 million seed financing led by Camber Creek. Courtside Ventures, and other strategic investors, also participated in the round.

TFLiving uses technology to connect service providers, like massage therapists, yoga instructors and dog

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Apply to be a TC Top Pick at Disrupt SF 2020

If you’re an early-stage startup founder with a big vision and even bigger dreams, join us and more than 10,000 other like-minded startuppers at TechCrunch Disrupt San Francisco 2020 on September 14-16. Silicon Valley’s premier early-stage startup extravaganza focuses on founders, investors and startup experts determined to disrupt and reshape t

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Edtech startups prepare to become ‘not just a teaching tool but a necessity&

As Stanford, Princeton, Columbia and others shutter classrooms to limit the coronavirus outbreak, college educators around the country are clambering to move their classes online. 

At the same time, tech companies that enable remote learning are finding a surge in usage and signups. Zoom Video Communications, a videoconferencing company, has been

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Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing the main show. (Here’s last week’s episode with Danny Crichton, in which we took a look at the new

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Delivery startups set up contactless delivery options as coronavirus fears grow in U.S.

Postmates announced today it would be adding a “non-contact delivery option,” for those concerned about COVID-19 exposure from workers bringing them food. Instacart set up something similar earlier this week, announcing sales were 10x higher this week over last due to coronavirus concerns and rolling out the “leave it at my door” option for cus

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In the age of coronavirus, we all have to resist the urge to touch our faces. It’s how the virus can travel from doorknobs or other objects to your mucus membranes and get you sick. Luckily, a startup called Slightly Robot had already developed a wristband to stop another type of harmful touching — trichotillomania, a disorder that compels people t

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While most technology companies are building up a surveillance state to serve political powers and private profiteering, Uptrust is using some of those same tools to make it easier to move people out of the criminal justice system.

And the San Francisco-based startup has just raised $1.3 million to expand its business.

Think of the company’s s

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Extra Crunch is nowpast its first birthday. Over the past year, we’ve learned a lot, made some changes and generally found our groove.

Toward the end of 2019, former TechCrunch writer Alex Wilhelm returned to the publication to help grow Extra Crunch, though he still writes for the main site as well. His daily columns dig into the financial side

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Zapier CEO Wade Foster on scaling a remote team up to 300 employees

Zapier CEO Wade Foster on scaling a remote team up to 300 employees

When Zapier was founded in 2011, it was a side project for three friends from Missouri who wanted to make it easier to connect any one web app to another. Nine years, millions of users and around 300 employees later, it’s one of the most highly valued companies to ever go through Y Combinator — and they did it all with a team that is entirely r

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Goodlord, the proptech startup that offers a SaaS for rentals, has raised £10M in Series B funding

Goodlord, the London proptech startup that offers cloud-based software to help estate agents, landlords and tenants manage the rental process, appears to have achieved somewhat of a turnaround after it fell into difficulty two years ago. Since then, the company installed a new CEO and CTO, and raised further funding. Today Goodlord is announcing

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Quibi will launch with 50 shows on April 6

Short-form video service Quibi is announcing its full launch lineup today — exactly once month before launch.

True to its name (which stands for “quick bites”), Quibi will focus on short videos that you can watch on your phone. Its content will include “movies in chapters” (longer, scripted stories broken into chapters that are between seven and 10

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SaaS stocks drop over 8%, reaching bear-market territory

Today was an awful day for the stock market, with global and domestic equities falling sharply as the world digested a collapse in oil prices, and yet another weekend of the spread of COVID-19. All major U.S. indices were down, with the tech-heavy Nasdaq falling the least of the three, slipping a comparatively modest 7.29%, to 7,950.68 on the day.

H

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Crypto wallet app ZenGo launches savings mode

ZenGo is expanding beyond the basic features of a cryptocurrency wallet — letting you hold, send and receive crypto assets. You can now set aside some of your crypto assets to earn interests. In other words, ZenGo now also acts like a savings account.

The company has partnered with two DeFi projects for the new feature. DeFi means “decentralized f

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Horizon raises another $5M to put virtual items on the blockchain and launch its first game

If a player picks up an item in an online video game, who owns that item? The player, or the company that made the game?

In most cases, the answer is probably closer to the latter. The item may be in the player’s digital inventory, but the company can take it away as they please, prevent the player from selling or giving it away, etc.

Horizon

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Two years ago, dormmates Justin Wenig and Nicholas Diao struggled to get into a popular computer science class at Columbia University . The duo eventually got into that class, but after the initial frustration around class scheduling, they decided “it was an obvious problem for a computer to solve.”

Wenig and Diao are the founders of Coursedog, a

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VCs warn coronavirus will impact fundraising for the next 2 quarters

As of this writing, COVID-19 has killed more than 3,400 people around the globe and the coronavirus has infected tens of thousands more. But its impact has gone much further, causing major disruptions in public markets and leading corporations to pull out of conferences and delay travel. Big tech companies are asking workers to stay home and

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As coronavirus pandemic spreads, demand for remote-work startups spikes

As the novel coronavirus, also known as COVID-19, spreads around the world, many companies are asking their staff to work from home. The boom in working remotely may prove temporary — even if the trend behind it is not — but having more staff operating away from traditional offices is having an impact on the tools that many companies use to c

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Meditation and mindfulness apps are booming. The top 10 apps pulled in $195 million in 2019, up 52% from the year before. Now, top meditation app Headspace’s former head of research, Nick Begley, is launching a new app that goes beyond mindfulness to specifically address the needs of those suffering from anxiety. The app, called Calmer You, offers

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New funding round values catering marketplace Hungry at $100M+

Hungry, a catering marketplace that connects businesses with independent chefs, announced this week that it has raised $20 million in Series B funding. Hungry tells me that the funding valued the company at more than $100 million (pre-money).

The investors were also pretty impressive: The round was led by Evolution VC Partners and former Whole

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SaaS companies flirt with correction territory as another wild week comes to a close

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Stocks are set to fall further today, likely forcing shares in SaaS and cloud companies down yet again. After two wild trading weeks, the high-flying tech category is off over 9% from recent highs before the bell this morning,

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HireSweet helps employers find candidates that aren&t actively looking to change jobs

The right candidate to fill your job may not actually be looking for a job right now. HireSweet, which is part of Y Combinator’s current class of startups, is trying to help companies find exactly these candidates that are perfect for a job but not actively looking.

Like so many other recruiting platforms, the HireSweet team started working on an

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What to consider when employees need to start working remotely

The COVID-19 crisis is touching all aspects of society, including how we work. In response, many companies are considering asking some percentage of their workforce to work remotely until the crisis abates.

If your organization doesn’t have a great deal of experience with remote work, there are a number of key things to think about as you set up a p

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week was packed with news, most of it pretty bad. But Zoom did well, so there’s that. Happily we had our dynamic pairing, Alex “Have I Died” Wilhelm and Danny “Good Hair” Crichton on hand to parse through it all. (A

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As stocks continue to tumble, whatahead for startups?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

The world is a mess today. Everything that trades is down, and sentiment is in the toilet. Even Robinhood is undertaking its ritual downtime, ensuring that its userbase holds through the selloff. The unicorn’s inability to stay o

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Oribi brings its web analytics platform to the US

Oribi, an Israeli startup promising to democratize web analytics, is now launching in the United States.

While we’ve written about a wide range of new or new-ish analytics companies, founder and CEO Iris Shoor said that most of them aren’t built for Oribi’s customers.

“A lot of companies are more focused on the high end,” Shoor told me. “Usually thes

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Convert Group, a startup based in Athens that offers a SaaS to help FMCG (fast-moving consumer goods) brands understand how they are performing across e-commerce, has raised €1.2 million in seed funding.

The investment comes from Uni.fund, which is backed by the EquiFund investment platform (an initiative created by cooperation between the Hellenic

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