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Postmates to drop IPO filing next month Aug 13, 2019

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Postmates plans to make its IPO paperwork public in September, TechCrunch has learned. Despite previous reports indicating the on-demand delivery company is seeking an M&A exit, sources close to the matter say Postmates is on track to go complete an initial public offering this year. With the S-1 dropping in September, San Francisco-based Postmates is expected to debut on the stock exchange by the end of the third fiscal quarter of 2019.

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BuzzFeed CTO joins men’s health startup Ro Aug 13, 2019

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Ro, a two-year-old startup known for its online pharmacy of men’s health products, has named BuzzFeed’s Todd Levy its chief technology officer. Levy first joined BuzzFeed in 2014 as the digital media company’s vice president of engineering; he was named CTO in 2016. Prior to BuzzFeed, Levy co-founded and led link management tool bit.ly. Levy begins his new role Wednesday, August 14. We’ve reached out to BuzzFeed for comment.

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Vector’s launch business in peril after ‘major change in financing’ Aug 12, 2019

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Small satellite launch startup Vector has indefinitely shut down operations “in response a major change in financing,” the company confirmed. Co-founder and CEO Jim Cantrell has also been cut loose as part of the upset. The news comes as a surprise to the space startup community, and apparently to its employees. The company lined up $70 million in funding late last year, and recently was announced as a qualified contestant in DARPA’s Launch Challenge.

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Keith Rabois, BoxGroup back New York-based Brex competitor Aug 12, 2019

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Considering its unparalleled success, it was only a matter of time before a Brex copycat emerged. Ramp Financial, a new startup led by Capital One-acquired Paribus founders Eric Glyman and Karim Atiyeh (pictured), has raised $7 million, TechCrunch has learned. The capital came from Keith Rabois of Founders Fund, BoxGroup’s Adam Rothenberg and Coatue Management, a hedge fund that recently launched a $700 million early-stage investment vehicle.

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Statespace picks up $2.5M to help gamers train Aug 09, 2019

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Gaming continues to grow in popularity, with esports revenue growing 23 percent from last year to top $1 billion in 2019. But the metrics by which talent is evaluated in gaming, and the methods by which gamers can train to better hone their craft, are varied and at times non-existent. That’s where StateSpace, and specifically the company’s gaming arm Klutch, come into play. In 2017, Statespace launched out of stealth with their first product, Aim Lab.

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Cockroach Labs announces $55M Series C to battle industry giants Aug 09, 2019

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Cockroach Labs, makers of CockroachDB, sits in a tough position in the database market. On one side, it has traditional database vendors like Oracle, and on the other there’s AWS and its family of databases. It takes some good technology and serious dollars to compete with those companies. Cockroach took care of the latter with a $55 million Series C round today. The round was led by Altimeter Capital and Tiger Global along with existing investor GV.

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Only 48 hours left for early-bird tickets to TC Sessions: Enterprise 2019 Aug 08, 2019

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If enterprise software makes your entrepreneurial heart beat faster, you do not want to miss TC Sessions: Enterprise 2019 on September 5 in San Francisco. And if you really want to make your heart sing, buy an early-bird ticket and save $100. But act quickly, because that deal disappears in just 48 hours on August 9 at 11:59 p.m. (PT).

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Female founders: Apply to the All Raise AMA to win a free Expo Pass to Disrupt SF Aug 08, 2019

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Shouting out to all the fierce female founders. Have you applied to participate in theAll Raise“ask me anything” (AMA) sessions atDisrupt SF 2019? No? Women, it’s time to act. Apply for an AMA session by the August 30 deadline and you could win a free Expo Only Pass. You heard that right. We have 30 free Expo Only passes, and we’ll give them away at random to women founders who get accepted to the All Raise program at Disrupt SF 2019.

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Applications still open for Hardware Battlefield TC Shenzhen Aug 07, 2019

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We’re still in the hunt for innovative early-stage hardware startup founders. And by that, we mean boundary-pushers, exceptional disrupters and all-around game-changers. If that sounds like you, you still have time to apply to compete in Hardware Battlefield at TC Shenzhenon November 11-12. Don’t miss your chance to compete in our epic, hardware-focused pitch competition. Apply to TC Hardware Battlefield 2019.

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Cybereason raises $200 million for its enterprise security platform Aug 07, 2019

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Cybereason, which uses machine learning to increase the number of endpoints a single analyst can manage across a network of distributed resources, has raised $200 million in new financing from SoftBank Group and its affiliates. It’s a sign of the belief that SoftBank has in the technology, since the Japanese investment firm is basically doubling down on commitments it made to the Boston-based company four years ago.

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