Category Archives: Startups

Snapchat acquires social map app Zenly for $250M to $350M

 Snapchat’s newest feature Snap Map is based on its latest acquisition, social mapping startup Zenly. TechCrunch has learned that Snapchat has bought Zenly for between $250 million and $350 million in mostly cash and some stock in a deal that closed in late May. Snapchat will keep Zenly running independently similar to how Facebook lets Instagram run independently. Read More

Snap copied location sharing app Zenly to build Snap Map

 Snap just announced a brand new feature today called Snap Map, which lets you view your friends on a map in real time and browse stories around you. If this sounds familiar, it’s because French startup Zenly has been working for years on a location sharing app so that you can see what your friends have been up to. According to a source, Snap approached Zenly late last year about a… Read More

Growbots raises $2.5M for its machine learning-based sales automation platform

 Growbots uses machine learning to provide sales teams with the right leads to kickstart their outbound sales process. The service, which argues that its product can save each member of a sales team a few days of work every month, today announced that it has raised a $2.5 million funding round from Buran VC, Lighter Capital and a number of angel investors. This brings the company’s… Read More

Pebble founder Eric Migicovsky and Airbnb growth lead Gustaf Alstromer join Y Combinator

 Y Combinator is officially adding three new team members to its roster this morning. Gustaf Alstromer, formerly product leader of Airbnb’s growth team, is joining YC as a partner. Meanwhile Pebble founder Eric Migicovsky is taking a visiting partner role and Jocelyn Robancho is coming on board to assist with organizing YC’s startup batches. Though Alstromer and Migicovsky… Read More

Pinterest’s camera search Lens gets a new look

 Pinterest’s camera search tool, Lens, is getting a makeover today with some updated including the ability to zoom in and out and tap to focus, and making it easier to search with Lens from photos they’ve already taken. Lens is very much a move to try to collapse the distance between the experience within Pinterest the app (or site) and the real world. Users point their camera at… Read More

Rinse raises $14M in Series B funding to bring its laundry pick-up nationwide

 Rinse, the San Francisco-based dry cleaning and laundry delivery service, has closed a $14M Series B round of funding. This comes after a $6M Series A last year, meaning the startup has now raised about $23.5M in three rounds. The round is being led by Partech Ventures, with participation from existing investors including Javelin Ventures, Arena Ventures, Accelerator Ventures, and… Read More

Fleet management tracking provider Samsara raises $40M

 Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry. And likely for good reason: as a future where trucks are run autonomously becomes ever clearer, the sensors and software behind that is going to have to be able to keep up. One company, Samsara, is working on just those kinds of sensors and products to… Read More

Twist is Slack without the annoying distractions

 When Slack implemented threaded conversations, it seemed like the holy grail for internal communications. Slack finally lets you talk about multiple things in separate conversations. But Slack remains a real-time messaging service at heart, so threads don’t feel native. It works well for many teams, but some companies would prefer something a bit more asynchronous and focused. At the… Read More

Language learning startup Lingokids scores $4M funding and partners with Oxford University Press

 Madrid, Spain-based (and U.S. incorporated) edtech startup Lingokids is on a mission to get young kids learning a second language. The company, previously known as Monkimun, offers language lessons in the form of interactive games for children aged 2-6 and delivered via an online subscription and parental portal. It currently provides English and simplified Chinese, with Spanish to be… Read More