Startups

Deel files countersuit against Rippling as rivalry escalates

Startups /

In the latest development of an increasingly public dispute between HR and payroll services rivals, Deel has filed a countersuit against Rippling. To recap: Rippling publicly announced on March 17 that it was suing Deel over alleged corporate espionage, with accusations ranging from violation of the RICO racketeering act (typically used to prosecute organized crime) […]

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Perplexity CEO says its browser will track everything users do online to sell ‘hyper personalized’ ads

Startups /

Perplexity doesn’t just want to compete with Google, it apparently wants to be Google.  CEO Aravind Srinivas said this week on the TBPN podcast that one reason Perplexity is building its own browser is to collect data on everything users do outside of its own app. This so it can sell premium ads. “That’s kind

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Evernote founder’s video startup mmhmm becomes Airtime, launches new products

Startups /

Evernote founder Phil Libin is ready to liven up your video meetings. The entrepreneur’s video startup, mmhmm, launched in 2020 amid the pandemic, on Thursday unveiled its latest product: a video toolkit for online meetings called Airtime. The suite includes two related tools: a virtual camera that helps you appear more polished on video calls,

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Report: Adam Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B

Startups /

Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday.  Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that

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Flex acquires a16z-backed Maza for $40M as fintech M&A heats up

Startups /

Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance app aimed at Spanish speakers in the U.S., for $40 million, the companies told TechCrunch exclusively. At first glance, the pairing may seem a bit curious. Flex’s software and payments infrastructure is to help business owners have a single

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Datadog acquires AI-powered observability startup Metaplane

Startups /

Cloud monitoring and security platform Datadog on Wednesday announced that it has acquired Metaplane, an AI-powered data observability startup, for an undisclosed amount. In a press release, Datadog said that the deal “accelerates” its expansion into data observability, building on the launch of related products. Metaplane will continue supporting existing and new customers through a

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