Category: UNCATEGORIZED

20 Aug 2019

Discover the startups exhibiting at Disrupt SF 2019

We’re just a few weeks away from kicking off our flagship event, Disrupt SF 2019, that takes place on October 2-4. If you’re an investor looking to increase your portfolio, it’s the perfect time to start planning your Disrupt strategy. Never fear, we’re here to help you make the most of your valuable time. But first, a housekeeping item. If you haven’t already done so, buy your pass to Disrupt right here.

You’re no doubt familiar with Startup Alley, our exhibition floor where you’ll find more than 1,000 early-stage startups showcasing their products and technology. That’s an investor’s goldmine, is it not? Here’s the good news. We now have our first batch of Startup Alley exhibitors listed on our website. You can peruse the list, do your research in the comfort of your home or office and get a clear idea of who you want to meet at Disrupt.

The website list also includes our recently announced TC Top Picks. We vetted hundreds of applications and narrowed the field down to 45 exceptional startups representing the best of these tech categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, SaaS and Social Impact/Education. You don’t want to miss seeing what these startups have to offer.

Ready for more good news? It’s CrunchMatch, our free business match-making platform available to Innovator, Founder or Investor passholders. It makes networking so much easier. Once the platform goes live (we’ll email notification), simply create your CrunchMatch profile outlining specific roles, goals and the type of people you want to meet. Founders would list category, stage, location, funding status, etc. Investor profiles might include investment categories, preferred funding stage, geographic preferences and the like.

CrunchMatch goes to work and suggests meetings and sends out invitations (which recipients can easily accept or decline). You can also use CrunchMatch to reserve dedicated (a.k.a. quieter) meeting spaces where you can network in comfort.

Researching our online list of exhibiting startups in advance and taking advantage of CrunchMatch will save you time and shoe leather. It will also free you up to experience more of what Disrupt SF offers. Like the Startup Battlefield. You know you’re going to want to check out those amazing founders.

Use some of your time to take in the world-class speakers. Here’s just one example, but you’ll find plenty more in the Disrupt SF agenda.

How to Evaluate Talent and Make Decisions: Ray Dalio knows a thing or two about building successful startups. As founder of the firm, Bridgewater, he helped build it into one of the most successful investment companies ever, managing a whopping $150 billion in assets. He recently wrote a book called Principles, and he’s coming to the TechCrunch Disrupt Extra Crunch stage in October to discuss the book and companion mobile app on how building a strong culture can lead to a flourishing startup.

Disrupt San Francisco 2019 takes place on October 2-4, and now you can start strategizing your Disrupt experience by researching the Startup Alley exhibitors listed on our website. Save time, make money. Now that’s an opportunity.

Is your company interested in sponsoring or exhibiting at Disrupt San Francisco 2019? Contact our sponsorship sales team by filling out this form.

20 Aug 2019

DigitalOcean launches managed MySQL and Redis database services

Half a year after launching its managed PostgreSQL service, upstart hosting and cloud services platform DigitalOcean today announced the launch of its managed MySQL and Redis database offerings, too.

Like most of the company’s latest releases, this move exemplifies DigitalOcean’s ambition to move beyond its discount hosting roots and to become a more fully-fledged cloud provider. Besides the database service and its core hosting products and infrastructure, the company now offers object and block storage and a Kubernetes engine, which itself can be used to run virtually any modern piece of cloud infrastructure. It’s unlikely to catch up with the hyperclouds anytime soon, but it’s good to have a competitor in the market.

“With the additions of MySQL and Redis, DigitalOcean now supports three of the most requested database offerings, making it easier for developers to build and run applications, rather than spending time on complex management,” said Shiven Ramji, DigitalOcean’s Senior VP of Product. “The developer is not just the DNA of DigitalOcean, but the reason for much of the company’s success. We must continue to build on this success and support developers with the services they need most on their journey towards simple app development.”

Pricing for the managed database services remains the same, no matter which engine you choose.

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The new database services are now available in the company’s New York, Frankfurt and San Francisco data centers. Support for other database engines is also in the works. As the company notes, it selected MySQL and Redis because of popular demand from its developer community and it will do so for other engines as well. MySQL and Redis were the only services on DigitalOcean’s roadmap for 2019, though, so I don’t expect we’ll see any additional releases before the end of the year.

20 Aug 2019

Facebook unveils new tools to control how websites share your data for ad-targeting

Last year, Facebook CEO Mark Zuckerberg announced that the company would be creating a “Clear History” feature that deletes the data that third-party websites and apps share with Facebook. Today, the company is actually launching feature in select geographies.

It’s gotten a new name in the meantime: Off-Facebook Activity. David Baser, the director of product management leading Facebook’s privacy and data use team, told me that the name should make it clear to everyone “exactly what kind of data” is being revealed here.

In a demo video, Baser showed me how a user could bring up a list of everyone sending data to Facebook, and then tap on specific app or website to learn what data is being shared. If you decide that you don’t like this data-sharing, you can block it, either on a website and app level, or across-the-board.

Facebook has of course been facing greater scrutiny over data-sharing over the past couple years, thanks to the Cambridge Analytica scandal. This, along with concerns about misinformation spreading on the platform, has led the company to launch a number of new transparency tools around advertising and content.

In this case, Facebook isn’t deleting the data that a third party might have collected about your behavior. Instead, it’s removing the connection between that data and your personal information on Facebook (any old data associated with an account is deleted as well).

Baser said that disconnecting your off-Facebook activity will have the immediate effect of logging you out of any website or app where you used your Facebook login. More broadly, he argued that maintaining this connection benefits both consumers and businesses, because it leads to more relevant advertising — if you were looking at a specific type of shoe on a retailer’s website, Facebook could then show you ads for those shoes.

Still, Baser said, “We at Facebook want people to know this is happening.” So it’s not hiding these options away deep within a hidden menu, but making them accessible from the main settings page.

He also suggested that no other company has tried to create this kind of “comprehensive surface” for letting users control their data, so Facebook to figure out the right approach that wouldn’t overhwhelm or confuse users. For example, he said, “Every single aspect of this product follows the principle of progressive disclosure” — so you get with a high-level overview at first, but can see more information as you move deeper into the tools.

Facebook says it worked with privacy experts to develop this feature — and behind the scenes, it had to change the way it stores this data to make it viewable and controllable by users.

I asked about whether Facebook might eventually add tools to control certain types of data, like purchase history or location data, but Baser said the company found that “very few people understood the data enough” to want something like that.

“I agree with your instinct, but that’s not the feedback we got,” he said, adding that if there’s significant user demand, “Of course, we’d consider it.”

The Off-Facebook Activity tool is rolling out initially in Ireland, South Korea and Spain before expanding to additional countries.

20 Aug 2019

H20.ai announces $72.5M Series D led by Goldman Sachs

H20.ai‘s mission is to democratize AI by providing a set of tools that frees companies from relying on teams of data scientists. Today it got a bushel of money to help. The company announced a $72.5 million Series D round led by Goldman Sachs and Ping An Global Voyager Fund.

Previous investors Wells Fargo, NVIDIA and Nexus Venture Partners also participated. Under the terms of the deal, Jade Mandel from Goldman Sachs will be joining the H2O.ai Board. Today’s investment brings the total raised to $147 million.

It’s worth noting that Goldman Sachs isn’t just an investor. It’s also a customer. Company CEO and co-founder Sri Ambati says the fact that customers, Wells Fargo and Goldman Sachs, have led the last two rounds is a validation for him and his company. “Customers have risen up from the ranks for two consecutive rounds for us. Last time the Series C was led by Wells Fargo where we were their platform of choice. Today’s round was led by Goldman Sachs, which has been a strong customer for us and strong supporters of our technology,” Ambati told TechCrunch.

The company’s main product, H20 Driverless AI, introduced in 2017, gets its name from the fact it provides a way for people who aren’t AI experts to still take advantage of AI without a team of data scientists. “Driverless AI is automatic machine learning, which brings the power of a world class data scientists in the hands of everyone. lt builds models automatically using machine learning algorithms of every kind,” Ambati explained.

They introduced a new recipe concept today, that provides all of the AI ingredients and instructions for building models for different business requirements. H20.ai’s team of data scientists has created and open sourced 100 recipes for things like credit risk scoring, anomaly detection and property valuation.

The company has been growing since its Series C round in 2017 when it had 70 employees. Today it has 175 and has tripled the number of customers since the prior round, although Ambati didn’t discuss an exact number.  The company has its roots in open source and has 20,000 users of its open source products, according to Ambati.

He didn’t want to discuss valuation and wouldn’t say when the company might go public, saying it’s early days for AI and they are working hard to build a company for the long haul.

20 Aug 2019

PressReader aims to add more personalization to its digital news platform by acquiring News360

A pair of digital news companies are teaming up, with PressReader acquiring News360.

PressReader was founded back in 1999 as Newspaper Direct. It now operates a platform that converts newspapers and magazines into digital formats, while offering a $29.99 monthly subscription that provides unlimited access to more than 7,000 of those titles.

News360, meanwhile, is relatively youthful, having been founded in 2010. It’s also created a news aggregation app, but the announcement makes it sound like PressReader was particularly interested in the company’s NativeAI technology for analytics and personalization.

In a statement, PressReader CEO Alex Kroogman suggested that News360’s technology will be used to improve PressReader’s consumer experience and publisher tools:

In a world where news fatigue is a real and growing problem, and media literacy a global concern, it’s more important than ever for people to have access to the trusted content they need in an engaging environment. By understanding each person’s interests, and building advanced data science systems around content analytics, we will be able to give our millions of readers the trusted media they want, how they want it, when they want it, and where they want it, while building more audience intelligence into the data that drives our publisher and brand partnerships.

The News360 team will be joining PressReader and working out of the acquiring company’s Vancouver headquarters.

News360 CEO Roman Karachinsky told me via email that the combined company will continue to support the News360 app and “develop it alongside the PressReader apps,” but he added, “In the short-term[,] the team will be focused on adding News360 tech into PressReader, so I wouldn’t expect big changes to the News360 app until we’re done with this.”

The financial terms of the acquisition were not disclosed. According to Crunchbase, News360 has raised a total of $7.5 million from investors including Ordell Capital.

20 Aug 2019

Waymo self-driving cars head to Florida for rainy season

Waymo is taking some of its autonomous vehicles to Florida just in time for hurricane season to begin testing in heavy rain.

The move to Florida will focus on testing how its myriad of sensors hold up during the region’s rainy season as well as to collect data. All of the vehicles will be manually driven by trained drivers.

Waymo will bring both of its autonomous vehicles, the Chrysler Pacificas and a Jaguar I-Pace, to Naples and Miami, Florida for testing, according to a blog posted Tuesday. Miami is one of the wettest cities in the U.S., averaging 61.9 inches of rain annually.

The self-driving car company, which is a business under Alphabet, began testing its autonomous vehicles in and around Mountain View, Calif., before branching out to other cities and weather, including Novi, Michigan, Kirkland, Washington and San Francisco. But the bulk of the company’s activities have been in suburbs of Phoenix and around Mountain View — two places with lots of sun, and even blowing dust, in the case of Phoenix.

Waymo opened a technical center Chandler, Ariz. and started testing there in 2016. Since then the company has ramped up its testing and launched an early rider program in April 2017 as a step toward commercial deployment.

The company will spend the next several weeks driving on a closed course in Naples to test its sensor suite , which includes lidar, cameras and radar . Later in the month, Waymo plans to bring its vehicles to public roads in Miami. A few Waymo vehicles will be collecting data on highways between Orlando, Tampa, Fort Myers and Miami.

Waymo is hardly the only autonomous vehicle company to take advantage of Florida’s AV friendly regulations. Ford and Argo AI, the self-driving company it backs, have had a presence in the Miami since early 2018. Argo AI began collecting data and mapping and has since expanded to testing in autonomous mode last summer.

Last year, Ford partnered with Walmart and Postmates to test the business of delivering goods like groceries and pet food using self-driving vehicles. The pilot project is focused on Miami-Dade County.

Self-driving trucks startup Starsky Robotics also is testing in Florida.

20 Aug 2019

Apple Card launches for all U.S. customers today, adds 3% cash back for Uber and Uber Eats

Apple this morning announced its highly anticipated new credit card, Apple Card, is launching today for all customers in the U.S. Customers will be able to apply for the Apple Card through the Wallet app on the iPhone, then immediately begin using it by way of Apple Pay — before the physical card arrives in the mail.

Powered by Goldman Sachs and Mastercard, the card will work both as a traditional credit card and through Apple Pay anywhere that Mastercard is accepted. In lieu of points, which are favored by many of today’s credit card users, Apple Card doles out cash back for purchases. And it especially incentivizes users to choose Apple Pay, which offers 2% back instead of just 1% for non-Apple Pay purchases.

In addition, purchases from Apple are rewarded with 3% back — making it an obvious choice for buying Apple hardware and other gear.

Apple says it’s now extending 3% back to Uber and Uber Eats, too.

The cash back is added to your Apple Cash balance or to the card’s monthly balance if you don’t want to use an Apple Cash account.

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The card is designed to be more transparent about interest and fees. It carries no annual fees, cash advances fees, over the limit or late fees. Its variable APR ranges from 12.99% to 23.99% based on the creditworthiness of the applicant. Information about the user’s charges and interest is clearly displayed in the app companion, and charges are color-coded for easier understanding.

For example, if you’re spending at restaurants, the card will become orange on your device. When you shop for entertainment-related items, it changes to a mix of orange and pink.

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The card benefits from its built-in nature on Apple devices, too.

Beyond the Wallet and Apple Cash integrations, Customers can text for support through iMessage and view transaction locations in Apple Maps.

“We’re thrilled with the overwhelming interest in Apple Card and its positive reception,” said Jennifer Bailey, Apple’s vice president of Apple Pay, in a statement. “Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending.”

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The launch follows an Apple Card preview earlier this month, where the card was offered to select users.

With today’s launch, Apple says it’s extending the 3% Daily Cash to more merchants and apps besides itself.

Starting today, Apple Card customers will receive 3% cash back on Apple Pay purchases with Uber and Uber eats. More merchants and apps will be added in the future, it says. In the fine print of today’s announcement, Apple notes that Apple Pay is coming soon to Uber services like Uber Cash, Scheduled Rides, and JUMP.

Purchases made with the physical, titanium Apple Card will continue to receive 1% cash back.

Apple touts the privacy benefits of its card as another advantage. Apple won’t know where a user has shopped, it says, and Goldman Sachs won’t share or sell data to third parties for marketing and advertising, the company says.

The Card will be available to customers in the U.S. with an iPhone 6 or higher, running iOS 12.4.

20 Aug 2019

IAC acquires nursing marketplace NurseFly for $15M

NurseFly, a startup that’s created a job marketplace for short-term nursing positions, is announcing its acquisition by holding company IAC.

While the companies aren’t disclosing the deal terms, a source with knowledge of the acquisition said the price was $15 million.

Co-founder and CEO Parth Bhakta told me that hospitals often hire travel nurses (signed for contracts of 13 weeks or a few months) when there’s a staffing shortage, or just because of seasonal needs. He said job sites aren’t really designed to fill these positions, while the existing, offline hiring process is “opaque,” where a nurse’s application “kind of goes into a black hole.”

On NurseFly, on the other hand, nurses can compare multiple offers, chat with employers and research the cost-of-living in different locations. The startup works directly with staffing agencies, charging them a subscription fee (the nurses use the site for free) for access to a pool of qualified candidates who have already provided the necessary documentation.

The startup was founded in 2017 and says it currently has more than 30,000 active job listings, with revenue growing 6x year-over-year. It’s headquartered in San Francisco and recently opened an additional office in Denver.

Bhakta described IAC as the “perfect partner” to help NurseFly “really go after the opportunity with additional resources, really go after it more aggressively with a larger team and organization, to create the best place for healthcare job seekers.”

Bhakta and his co-founder/CTO Eric Conner will continue to lead NurseFly post-acquisition. The company will become part of IAC’s Emerging & Other segment, which already includes staffing platform Bluecrew, and Bluecrew CEO Adam Roston will become NurseFly’s chairman.

20 Aug 2019

SpaceX’s spacefaring Tesla Roadster has made a full trip around the Sun


Somewhere in space, a mannequin wearing a SpaceX spacesuit and driving a cherry red original Tesla Roadster that once belonged to Elon Musk is celebrating its first trip around the sun. The absurd ‘Starman’ and Roadster combo was launched last year aboard the first Falcon Heavy test flight from Kennedy Space Center, and has now completed a full orbit of the Sun, baed on tracking info monitored by the site whereisroadster.com (via Space.com).

The Roadster and its fake driver were selected by SpaceX and Tesla CEO Elon Musk as the payload for the Falcon Heavy’s first flight in part because there was more than a decent chance that whatever was sent up on that first trip was going to end up little more than ash or fiery debris, but the launch actually went very smoothly – despite warnings to the contrary by Musk himself.

When it left Earth’s orbit, the Roadster’s radio was playing David Bowie’s “Life on Mars,” set on repeat, and on-boards cameras were broadcasting via internal power (you can check out the recorded version of the live stream below to see how that went).

In case you were wondering about the Roadster’s maintenance information, it’s now out of warranty more than 21,000 times over based on miles traveled, and it’s gone far enough to have traveled the entire world 33.9 times. Take that, range anxiety.

20 Aug 2019

LA-based gaming company, Scopely, expands in Spain and Ireland

The Los Angeles-based gaming company, Scopely is expanding its geographical footprint in Spain and Ireland.

The company is building out its Barcelona offices tripling its office space and planning to significantly expand its 100-person-strong team in the city. Meanwhile, Scopely is also planning to invest heavily in expanding its strategy-focused game studio, DIGIT, in Dublin.

Scopely didn’t say how many jobs it would be adding in either location.

The company has now hit lifetime revenue of over $1 billion across its franchises and recently launched Star Trek Fleet Command” and “Looney Tunes World of Mayhem”. Scopely also has licenses to develop games for World Wrestling Entertainment and The Walking Dead franchise.

“We are thrilled to expand our European footprint to accommodate our exponential growth,” said Javier Ferreira, Co-CEO of Scopely, in a statement. “I am excited to further lean in to the Barcelona market, which has top-quality talent. The same is true in Dublin with top tech talent flocking to the area, and both offices have amassed impressive highly-specialized expertise. Our Dublin and Barcelona teams play a critical role in the Scopely journey, and we are actively hiring across both markets.”

The company also plans to double its footprint in its hometown of Los Angeles in 2020.

The company has raised more than $250 million in financing to date from investors including Greenspring Associates, Greycroft Partners, Revolution Growth, Evolution Media Partners, Highland Capital Partners, Horizons Ventures, Sands Capital Ventures, The Chernin Group, Take-Two Interactive, Kobe Bryant, Arnold Schwarzenegger, Peter Guber, Jimmy Iovine, and Brendan Iribe.