Australian million Technology

Australian startup SafetyCulture nabs $800 million valuation on $35.5 million round

SafetyCulture, the Australian enterprise software company that manages security and compliance checks at companies around the world, has raised $35.5 million at an $800 million valuation in its latest round of funding. Nearly half of the new money was meant to provide liquidity to employee shareholders who had been with the company over three years,…

Silicon Technology Valley

Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we have been hard at work…

million raises Technology

Tyto Care raises $50 million as it looks to buy and build new services during COVID-19 demand surge

Tyto Care, the provider of a home health diagnostic device and telemedicine consultation app, said it has raised $50 million in a new round of funding. The round was led by Insight Partners, Olive Tree Ventures, and Qualcomm Ventures, according to a statement and brings the startup’s total capital raised to over $105 million. The…

management Restaurant Technology

Restaurant management platform Toast cuts 50% of staff

Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its staff by 50% through layoffs and furloughs, according to a blog post from Toast’s CEO, Chris Comparato. It also reduced executive pay…

DualSense reveals Technology

Sony reveals new DualSense controller for the PlayStation 5

Sony still hasn’t shown off what the PlayStation 5 will look like, but it just unveiled the controller for its next-gen console: the DualSense, which marks the biggest departure for Sony’s controller design in its over 25-year history of PlayStation consoles. The new controller has some big changes on the inside, too: the previously announced…

Hoppus Technology Watch

Watch Mark Hoppus perform Blink-182 and +44 songs during 'Animal Crossing' live stream

Mark Hoppus performed acoustic versions of tracks by his bands Blink-182 and +44 during a recent Animal Crossing live stream. The bassist is a big fan of the Nintendo Switch game Animal Crossing: New Horizons, which has received an even bigger boost in popularity during the coronavirus-enforced lockdown. Read more: New Nintendo Switch game Animal…

evolution femtech Technology

Five CEOs on their evolution in the femtech space

Rae Witte is a New York-based freelance journalist covering music, style, sneakers, art and dating, and how they intersect with tech. You can find her writing on i-D, The Wall Street Journal, Esquire and Forbes, among others. More posts by this contributor With women-specific health needs long ignored by tech giants, FLEX, the tampon replacement,…

mobile Technology website

Mobile website builder Universe raises $10M from GV as it ventures into commerce

A startup that has framed itself as an Instagram for websites is now squaring up against Shopify as it nabs new funding from Google’s venture capital arm. Brooklyn-based Universe has just closed a $10 million Series A from GV. The funding round was well in the works before the COVID-19 pandemic took hold stateside; nevertheless,…

Microsoft Technology

Microsoft Buys So Bad Guys Can't

In February, KrebsOnSecurity told the story of a private citizen auctioning off the dangerous domain for the starting price of $1.7 million. Domain experts called dangerous because years of testing showed whoever wields it would have access to an unending stream of passwords, email and other sensitive data from hundreds of thousands of…

million Technology Valorant

Riot’s New Game Valorant Has 1.6 Million Viewers On Twitch Right Now

Image: Riot GamesValorant, a game that’s not out yet and that most people can’t play, currently has 1.6 million concurrent viewers on Twitch, putting it within spitting distance of the all-time record.The new game from League of Legends (and only League of Legends, until now) developer Riot Games mashes up Counter-Strike-style tactical shooting with hero powers…