Okta, the U.S.-based identity management giant, announced today that it has acquired password management app, Uno. The company said that Uno’s team will help speed up the public launch of the Okta Personal tier, a password manager for consumers. Uno, founded by former Google engineer Parteek Saran, launched an app earlier this year to make…
In November 2019, Andreessen Horowitz General Partner Angela Strange famously declared that, “Every company will be a fintech company.” Specifically, Strange projected that — in the not-too-distant-future — “nearly every company” would derive a significant portion of its revenue from financial services. Over the years, that prediction has played out to a certain extent. More…
Opsera, a DevOps platform geared toward enterprise clients, today announced that it raised $12 million in a funding round — a tranche smaller than Opsera’s previous raise — led by Taiwania Capital with participation from Clear Ventures, Felicis Ventures and others. Bringing the company’s total raised to $31.3 million, the new cash will be put…
Clearco announced several recapitalization efforts Wednesday, including a $60 million Series D round and new asset-backed financing. The facility provides up to $100 million in financing capacity and will support $850 million of Clearco originations over the next two years. Toronto-based Clearco uses AI and proprietary machine learning-based technology to underwrite businesses and help customers…
Defense tech darling Mach Industries has closed a $79 million Series A led by Bedrock Capital in a deal that catapulted their post-money valuation to $335 million, multiple sources tell TechCrunch. Mach Industries’ head of growth Koko Xu confirmed the numbers in an email, adding that the new investment came “from Bedrock and other top…
Yes, there are clear concerns about AI’s potential for auto-generating disinformation. But as a tool for creatives to better create, AI is having its moment. And the AI-driven tools designed to assist creators in producing their podcast are clearly on a roll. Podcastle, a full-service podcasting platform which we covered when it raised $7 million…
Welcome back to Found, where we get the stories behind the startups. This week, our old friend Darrell Etherington joins Becca Szkutak to talk with Professor Esther Rodriguez-Villegas from Acurable. Acurable is a medical device company that makes patient-friendly wearable devices that accurately diagnose and manage respiratory conditions at home. As a career-long academic, Rodriguez-Villegas…
Every business needs to figure out how to create a sticky product, and identifying where your product fits in the market is crucial to a strategy that leads to an offering that keeps customers returning. However, figuring all that out can be really hard, especially if you’re an entrepreneur who’s new to the game. Each…
Automata, a company that combines software and hardware to automate science labs around the globe, has raised $40 million in an equity-based round of funding, as the U.K.-based startup looks to double down on recent growth across Europe and the U.S. Founded out of London in 2015, Automata in its original guise targeted myriad industries…
A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman’s crypto project, Worldcoin, in the East African country, has recommended for it to be shut down. The committee, in a report published today and seen by TechCrunch, called on Kenya’s ICT regulator, the Communication Authority, to disable Worldcoin’s physical and…
