RSS Startups

  • Erik Huggers is stepping down as CEO of Vevo December 15, 2017
     Vevo, the music video service backed by major record labels, just announced that its CEO Erik Huggers is departing. Huggers previously worked at the BBC, at Verizon (which owns TechCrunch) and elsewhere. He joined Vevo in 2015. Under his leadership, Vevo was working to become less reliant on YouTube (which was its major syndication partner) by […]
    Anthony Ha
  • Dog-walking app Wag may be raising a huge round of funding December 15, 2017
     It looks like Wag may get another huge injection of cash following a big financing round earlier this year, according to a report by Recode, and also based on what we are hearing. We had heard a bit ago that Wag was looking to raise around $100 million, which the Recode report also suggests. But it […]
    Matthew Lynley
  • EyeEm’s new products aim to understand brand aesthetics December 15, 2017
     EyeEm is unveiling new tools to help the brands and marketers using the site to source their images. Underlying these tools is a technology called EyeEm Vision, which we described in-depth earlier this year. The goal is to expand image recognition so that it’s not just identifying the objects in the photo, but also its […]
    Anthony Ha

RSS Funding

  • Broadband business Casa Systems up 11% following downsized IPO December 15, 2017
     Casa Systems had a tough time pulling off its IPO this week. The broadband solutions company wanted to debut Thursday, but pushed its launch back to Friday, likely because of weak initial demand. Casa had planned to sell 8.4 million shares, but reduced it to 6 million following the investor roadshow. The IPO priced at $13 […]
    Katie Roof
  • Australia’s Airwallex raises $6M to grow its cross-border payment business December 15, 2017
     Airwallex, an Australia-based fintech startup that helps banks and businesses handle cross-border transactions at scale, has closed a $6 million investment ahead of a planned Series B next year. The new funding comes from Square Peg — a VC firm located in Melbourne, the same city as Airwallex HQ — which joins Tencent, MasterCard, Gobi Ventures and Sequoia […]
    Jon Russell
  • Loot, the digital current account aimed at students and millennials, banks £2.2M Series A December 15, 2017
     “There are two types of competition for us at Loot: the banks and the money management apps,” Loot founder Ollie Purdue tells me. The U.K. startup, founded in 2014 while now 24 year old Purdue was finishing up university, offers a digital-only current account aimed at students and millennials. Read More
    Steve O'Hear

RSS AVC

  • Video Of The Week: Colbert On Net Neutrality December 16, 2017
    I got a chuckle out of this: TONIGHT: The FCC voted to repeal #NetNeutrality today which sucks for everyone who uses the Internet (which if you’re reading this, is you), but it especially sucks for @StephenAtHome’s personal Etsy shop. #LSSC pic.twitter.com/7vLmoBxLyy — The Late Show (@colbertlateshow) December 15, 2017
    Fred Wilson
  • Funding Friday: Save Gawker.com December 15, 2017
    I backed this project when it launched last week. Here’s the pitch: Gawker isn’t gone, it’s up for auction. The person who drove the site into bankruptcy wants to buy it. We’re a group of former Gawker Media employees across editorial, tech, and business, and we want to put in our own bid to buy […]
    Fred Wilson
  • SoundCloud Home December 14, 2017
    Our portfolio company SoundCloud, which makes one of the most popular apps in the world, is launching a new Home experience in it’s mobile apps today. SoundCloud is the first place musicians post their music and it is the first place listeners discover new artists. In the past, listeners had to use a feed experience […]
    Fred Wilson