Silicon Valley has been captivated by the prospect of AI, not only as a productivity enhancer but also as a catalyst for creating successful companies with much leaner teams than in the past. Stories abound of AI startups quickly reaching tens of millions in revenue with headcount as low as 20 people. With less overhead, […]
After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO
Fintech Varo has been hoping to raise a $ 55 million Series G round but has, so far, closed on $ 29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $ 1 billion in funding since its 2015 inception, […]
Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up […]
TechCrunch Space: SpaceX alums raising a massive new fund for deep tech and more
Hello, and welcome back to TechCrunch Space. The final agenda for the Space Stage at TechCrunch Disrupt is live and we’d love to see you there. Come hear the latest and greatest insights from top space entrepreneurs and investors! Want to reach out with a tip? Email Aria at aria.techcrunch@gmail.com or send a message on […]
Jayden Daniels vs. Caleb Williams stats: Commanders QB's hot start is raising questions over No. 1 overall pick
In April, the Bears were presented with a franchise-altering opportunity when they received the No. 1 pick in the 2024 NFL Draft. Despite having Justin Fields at the time, their selection always seemed destined to be a quarterback. With a new face of the team, Chicago would look to build a new identity and allow […]