Tag Archives: TechCrunch

A 24-year-old who exited his first company to Coinbase, raises $3M for his next venture

At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount.  Some founders don’t just have one company in them. On Monday, Yebesi announced the launch of his … Continue reading

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Clearwater agrees to buy investment management platform Enfusion for $1.5B

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an … Continue reading

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Blue Origin delays launch of New Glenn mega-rocket

Jeff Bezos’ space company Blue Origin postponed the inaugural launch of its first orbital rocket, New Glenn, early Monday morning after experiencing an unspecified issue with one of the vehicle’s subsystems. While delays like this happen all the time in … Continue reading

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Moody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providers

Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum. The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s … Continue reading

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Sonos CEO Patrick Spence is leaving following app update disaster

Some changes at Sonos. Patrick Spence, the company’s chief executive officer (pictured above), is leaving the company after eight years in the job. Tom Conrad, the co-founder of Pandora and a Sonos board member, is stepping in as interim CEO … Continue reading

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Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B

Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is … Continue reading

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A breach of a data broker’s trove of location data threatens the privacy of millions

The company confirmed the breach after a hacker posted millions of location data records online. © 2024 TechCrunch. All rights reserved. For personal use only.

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UK domain giant Nominet confirms cybersecurity incident linked to Ivanti VPN hacks

Nominet, the U.K. domain registry that maintains .co.uk domains, has experienced a cybersecurity incident that it confirmed is linked to the recent exploitation of a new Ivanti VPN vulnerability. In an email to customers, seen by TechCrunch, Nominet warned of … Continue reading

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CoreWeave, a $19B AI compute provider, opens its first international data centers in the UK

Coreweave, the cloud computing company that provides companies with AI compute resources, has formally opened its first two data centers in the U.K. — its first outside its domestic U.S. market. CoreWeave opened its European headquarters in London last May, … Continue reading

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Mastodon announces transition to non-profit structure

Decentralized social network organization Mastodon said Monday that it is planning to create a new non-profit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won’t have control … Continue reading

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