Postmates is expanding like crazy ahead of an initial public offering expected later this year. The food delivery business has launched in 1,000 new cities since December, the company announced today. San Francisco-based Postmates now operates its on-demand delivery platform, powered by a network of local gig economy...
The market for voice apps has opened up — Amazon Alexa’s platform alone has more than 80,000 skills as of earlier this year — and there’s little sign of that growth slowing now that smart speakers have hit critical mass in the U.S. To capitalize on this trend,...
Astound, a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding,...
Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany and Taiwan, is hoping...
Warehouse automation is all the rage in robotics these days. No surprise then, that another emerging player just got a healthy slice of venture funding. Massachusetts-based Locus Robotics this week announced that it has secured a $26 million Series C. The round, led by Zebra Ventures and...
The RealReal, an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares, per a Delaware stock authorization filing discovered by the Prime Unicorn Index. If the company raises the entire amount, it would reach a valuation of $1.06 billion,...
Group Nine Media has hired Brian Lee as its first executive vice president of commerce. Lee held a similar role at Maker Studios before its acquisition by Disney, and he also founded the New York-based accelerator SKIG. Group Nine — which was created by the merger of Thrillist, NowThis...
Squarespace is announcing its first acquisition today, a 13-year-old company called Acuity that allows businesses to manage their online appointments. Squarespace CEO Anthony Casalena noted that the company has been expanding beyond website building already — he said he now wants to provide tools around online presence (i.e....
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Brian Heater and Lucas Matney shared their key takeaways from our Robotics + AI Sessions event at UC Berkeley last week. The event was...
When it comes to working with journalists, so many people are, frankly, idiots. I have seen reporters yank stories because founders are assholes, play unfairly, or have PR firms that use ridiculous pressure tactics when they have already committed to a story. There is so much bad behavior that...