Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company,” TechCrunch has learned. The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance, and Adam Valkin, one of the three […]
Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company’s internal operations. The company had crossed $100 million in annualized revenue before its third birthday in March 2022, passed $300 million by August 2023, and now effectively more than doubled that
Ramp has more than doubled its annualized revenue to $700 million Read More »
As disruption from a suspected ransomware attack on newspaper publishing giant Lee Enterprises span into its second month, the cyberattack is also affecting payments to freelancers and contractors who work for the company, TechCrunch has learned. The cyberattack on Lee Enterprises on February 3 sparked widescale outages and ongoing disruption at dozens of newspapers across
Lee Enterprises ransomware attack hits freelance and contractor payments Read More »
For years, startups have tried to fill various gaps in how enterprises operate to ostensibly improve processes, eliminate grunt work, and help managers identify and address where their teams are wasting time. The latest to join this cohort is HackerPulse, which has built a platform that gives enterprises more information about what their engineering teams
HackerPulse wants to help enterprises spot engineering bottlenecks Read More »
Uber has started piloting its teenagers-focused Uber for Teens service in India, TechCrunch has exclusively learned. Uber for Teens is live in Bengaluru, Delhi NCR and Mumbai, Uber confirmed to TechCrunch. The company said it would expand the service in the coming weeks to 35 cities, which include Ahmedabad, Chennai, Hyderabad, Mumbai and Pune. The
Uber is piloting accounts for teenagers in India Read More »
A little-known phone surveillance operation called Spyzie has compromised more than half a million Android devices and thousands of iPhones and iPads, according to data shared by a security researcher. Most of the affected device owners, who are unknown, are likely unaware that their phone data has been compromised. The security researcher told TechCrunch that
Spyzie stalkerware is spying on thousands of Android and iPhone users Read More »
AI has the power to transform how people work, but getting tangible value out of AI isn’t as easy as throwing any AI application at any workflow. It can be hard for enterprises to figure out which AI applications help their business and which are just hype. Workhelix wants to solve that problem. Workhelix is
Workhelix taps years of research to help enterprises figure out where to apply AI Read More »
ResilienceVC, a new seed-stage fintech venture capital firm based out of Washington, D.C., is announcing its $56 million debut fund, the firm shared exclusively with TechCrunch. Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC’s mission is a straightforward one: to back fintech companies dedicated to helping Americans find financial stability. It’s writing checks
Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at a whopping $1.9 billion valuation as the world went shopping online in the wake of the COVID-19 pandemic, and businesses rushed to improve their e-commerce
Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff Read More »
The boom in ecommerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, inventory, and marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series B
Shop Circle raises $60M to encircle ecommerce with an app suite Read More »
