Tel Aviv-based Commcrete, which makes handheld satellite comms devices and software, raised a $21M Series A led by Greenfield, sources say at a $100M+ valuation
Resilience Media :
Alphabet acquires NYC-based cybersecurity startup Wiz for $32B cash, its largest acquisition yet, pending approval; antitrust fears stalled a $23B deal in 2024
The acquisition is Alphabet's biggest yet, after a $23 billion takeover attempt stalled last year.
Israeli startup Quantum Machines, which offers hardware tools to other quantum computing companies, raised a $170M Series C led by PSG Equity
Quantum computing remains a holy grail in the world of technology, but with some important breakthroughs in the last several months …
Apple says it will spend $500B in the US over the next four years, hire 20,000 new US workers, and produce AI servers in Texas, after Tim Cook met with Trump
- Company to begin producing Apple Intelligence servers in Texas — $500 billion planned to be invested in US over next four years
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents
Ingrid Lunden / TechCrunch :
US Treasury Secretary Scott Bessent orders the CFPB to stop activities, like rulemaking, communications, and litigation; in November, Musk said to “delete CFPB”
Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
Sources: Marko Elez, a 25-year-old Elon Musk-linked engineer, has admin privileges over Treasury Department code that controls Social Security payments and more
The Bureau of the Fiscal Service is a sleepy part of the Treasury Department. It's also where, sources say …
London-based Vertice, which offers an AI-powered SaaS spend management platform, raised a $50M Series C led by Lakestar, taking its total funding to ~$100M
Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize …
Istanbul-based gaming startup Grand Games, the publisher behind Magic Sort and Car Match, raised a $30M Series A led by Balderton, after a $3M seed in 2024
Ingrid Lunden / TechCrunch :
Toronto-based Hostaway, which offers vacation rental management tools, raised $365M led by General Atlantic at a $925M valuation, after raising $175M in 2023
Ingrid Lunden / TechCrunch :
Atomico: European startups are on track to raise $45B in 2024, down from $47B in 2023, with only $3B in IPO value and $10B in M&A through mid-November
but the sector is finally stabilizing Suhasini Srinivasaragavan / Silicon Republic : Despite a drop in VC funding, Europe on track for growth Yazhou Sun / Bloomberg : Funding for E...
SoundHound acquires Amelia, which makes an AI agent that businesses can customize for internal or customer use, for $80M; PitchBook: Amelia raised $189M+
Ingrid Lunden / TechCrunch :
PortSwigger, the startup behind the Burp Suite of security testing tools founded by security expert “Daf”, raised $112M, its first outside investment
Sometimes the most successful startup ideas come from people building tools to solve their own needs.
CyberArk acquires machine identity management company Venafi from Thoma Bravo in a deal valued at around $1.54B; Thoma Bravo bought Venafi for $1.15B in 2020
The Israeli company is purchasing the machine identity management company from Thoma Bravo as it looks to combine Venafi's machine …
Meta plans to shut down its enterprise tool Workplace in August 2025, making it read-only until May 2026; Meta will continue to use the product internally
In its lawsuit, the US DOJ alleges CarPlay lets Apple exert too much control over the auto industry; some analysts say the DOJ may be misunderstanding CarPlay
Buried in the 88-page antitrust lawsuit filed by the US Department of Justice against Apple is a reference to everyone's favorite phone-projection system, CarPlay.
The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more
In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit fr...
LinkedIn confirms it is working on adding puzzle-based games; a researcher says it is testing ranking companies in the games based on the scores of employees
LinkedIn, the Microsoft-owned social platform, has made a name for itself primarily as a platform for people looking to network …
On the web's 35th birthday, there are two issues to address: power concentration, which contradicts decentralization, and exploitation of personal data
Tim Berners-Lee / World Wide Web Foundation : Mastodon: @nickheer@c.im and @matthiasott@mastodon.social . Bluesky: @upshotknothole.bsky.social X: @mave99a , @ingridlunden , @mattb...
Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding
Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation …