Startups

David McIntosh’s startup Tenor builds a GIF keyboard — but he actually hopes you’ll spend as little time searching on it as possible. Instead, Tenor’s aim has been to collapse the amount of time it takes you to find a GIF you like and send it to a friend. Instead of trying to get people
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Zoning codes are a century old, and the lifeblood of all major U.S. cities (except arguably Houston), determining what can be built where and what activities can take place in a neighborhood. Yet as their complexity has risen, academics are increasingly exploring whether their rule-based systems for rationalizing urban space could be replaced with dynamic
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Back in 2011, when South Korea won its longshot bid to host the 2018 Winter Olympics, the country wasn’t widely recognized as a destination for ski and snow lovers. It wasn’t considered much of a tech startup hub either. Fast forward seven years and a lot has changed. For the next 10 days, the eyes
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A mapping startup based in Missoula, Mont., which allows users to download sophisticated offline topographic maps outlining public and private lands and a number of other features geared towards hunting, fishing and camping, has pulled in its first major outside funding. onXmaps has closed a $20.3 million Series A round led by Summit Partners. Bessemer Venture Partners,
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H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly owned subsidiary of the grocery chain. The company first launched in 2013, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco,
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There are many reasons startups fail. Unfortunately, we just didn’t have enough time and ran out of money. Unfortunately, the customers just didn’t care enough about our offering. Unfortunately, the channel just wasn’t economically efficient. Unfortunately, I had the wrong person running engineering (or marketing, sales, finance etc.). Unfortunately, we were screwed anyway so we
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Uber lost $4.5 billion last year, but CEO Dara Khosrowshahi said he’s not worried. Speaking at the Goldman Sachs Technology and Internet Conference in San Francisco on Wednesday, the newly appointed chief defended the company’s financials, saying that “we can turn the knobs to get this business even on a full basis profitable, but you would sacrifice
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Finnish fintech startup Zervant, which provides online invoicing software for small business and entrepreneurs across Europe, has raised €6 million in funding. The round was led by Tesi, with participation from Northzone, NFT Ventures, and Conor Venture Partners. Founded in 2010 and headquartered in Espoo, Finland, Zervant offers simple invoicing software targeting micro enterprises in
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Homebrew is announcing the close of its third fund. This time they’ve raised $90 million, an increase from $50 million in 2015 and $35 million for its debut fund in 2013. Led by Hunter Walk and Satya Patel, the seed stage venture firm has spent the past five years investing in U.S.-based startups at the onset. Several
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XebiaLabs, the Boston-based software startup that helps companies automate DevOps functions, announced a healthy $100 million Series B investment led by Susquehanna Growth Equity and Accel. Today’s investment brings the total raised to $121.5 million. Derek Langone, Xebia’s CEO says they raised the money out of a desire to expand more rapidly. “You always want
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You probably know Chamillionaire from the song “Ridin,’” but did you know the Grammy Award winner is also a successful startup investor? He has had several favorable outcomes, including Cruise, which sold to General Motors and Maker Studios, which was bought by Disney. Now he’s trying his hand at a startup of his own. If you’re
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