Startups

YC-backed Formal brings a clever security reverse-proxy out of stealth

Formal is a security startup coming out of stealth on Tuesday with a nice list of investors and an interesting product positioning. The company has designed a reverse-proxy for data stores and APIs so that security teams can more easily secure access to sensitive data. In more practical terms, Formal is a proxy that you […]

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Agentio raises $12 million from Benchmark for its YouTube ad marketplace

Creator marketplace startup Agentio, which has built an automated platform for YouTubers to sell their ad slots to brands, has raised $12 million in Series A funding led by Benchmark with participation from returning investors Craft Ventures and AlleyCorp. With the new funding, the startup aims to scale its marketplace for YouTubers and bolster its

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Workbrew makes open-source package manager Homebrew enterprise-friendly

A trio of former GitHub executives and engineers have founded a new startup that brings the benefits of one of the most popular open-source package managers to the enterprise. Workbrew, as the startup is called, emerges from stealth today with the mission of mitigating the risks of”shadow IT” practices, giving company admins and security teams

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From Lauri Moore to Vic Singh, venture capitalists continue to play musical chairs

From Keith Rabois to Ethan Kurzweil, a lot of VCs have switched firms or spun out of storied VC institutions to launch their own funds this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general

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Ex-Duolingo execs raise $13M for a startup that’s making it easier to access a college education

As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible. The company, tentatively named Outsmart Education (the name is not final yet), is headed by co-founders Daniel Falabella (CPO), former senior director

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India’s HealthKart valued at $500 million in new investment

Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor.

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Oyo founder seeks new investment at $3.8 billion valuation

Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium

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Norwegian startup Factiverse wants to fight disinformation with AI

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to

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