At the end of June, a security researcher found a vulnerability in a web app used by a16z, one of the most powerful and influential Silicon Valley venture capital firms, which exposed some data about the firm’s portfolio companies. The bug has since been fixed. On June 30, a security researcher who goes by xyzeva […]
Researcher finds flaw in a16z website that exposed some company data Read More »
Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andresen Horowitz with participation of Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual recurring revenue (ARR) is becoming
AI startup Hebbia rased $130M at a $700M valuation on $13 million of profitable revenue Read More »
Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $2 billion in fresh capital across two funds, a slight increase from the 52-year-old firm’s
a16z-backed Character.AI said today that it is now allowing users to talk to AI characters over calls. The feature currently supports multiple languages, including English, Spanish, Portuguese, Russian, Korean, Japanese and Chinese. The startup tested the calling feature ahead of today’s public launch. During that time, it said that more than 3 million users had
Character.AI now allows users to talk with AI avatars over calls Read More »
For an indie developer building a game on their own, compliance with regulations is likely the last thing on their list of priorities — they first have to finish writing the code, designing the mechanics, and run endless rounds of tests to make sure the game is actually fun to play. But compliance is often
k-ID wins $45M to help game devs speedrun the child safety compliance puzzle Read More »
Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management startup Brex to join venture firm Andreessen Horowitz (a16z) as a partner and compliance officer, TechCrunch has exclusively learned. Rathod-Papier and a16z declined to comment on the move. According to her LinkedIn profile, Rathod-Papier now “oversees a16z’s
Andreessen Horowitz’s American Dynamism fund has established a new fellowship program aimed at introducing top engineers and technologists to venture investing, a move that could help the firm identify less obvious sources for VC talent. The American Dynamism fund launched in 2023 with the broad aim of supporting companies building in the nation’s interest across
a16z’s American Dynamism team launches program to introduce technical minds to VC Read More »
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on that march. The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive
Throughout hip-hop’s long history, jewelry has served as an important vehicle for artists to convey their ideas and affluence, or simply to dazzle onlookers. Diamonds, in particular, serve as an important motif, famously exemplified by Drake’s $400,000 diamond-encrusted iPhone case. But not everyone is a millionaire rapper, and most people can’t exactly afford to wear
Here’s a lab-grown diamond startup that’s attracted a16z’s attention Read More »
AT&T’s recent mega customer data breach — 74 million accounts affected — laid bare how much data carriers have on their users, and also that the data is there for the hacking. On Thursday, a startup called Cape — based out of Washington, D.C., and founded by a former executive from Palantir — is announcing
Cape dials up $61M from a16z and more for mobile service that doesn’t use personal data Read More »
