One-time TikTok rival Byte relaunches as Clash, an app for video creators and their top fans

One-time TikTok rival Byte relaunches as Clash, an app for video creators and their top fans

When the Trump administration announced it would ban TikTok in the U.S., a number of alternative short-form video apps began to flourish, as users hedged their bets on a potential TikTok exit. Among these was Byte, an app co-created by Vine co-founder Dom Hofmann, which topped 1.3 million downloads in its first week alone. But when Trump’s ban on […]

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Talkiatry lands $20M Series A to go all in on in-network psychiatric care

Talkiatry lands $20M Series A to go all in on in-network psychiatric care

Talkiatry announced today that it has raised a $20 million Series A to scale a strategy simple in theory yet potentially challenging in execution: bring psychiatry services in-network with insurance providers. The round, led by Left Lane Capital with participation from the founder and former CEO of CityMD, Dr. Richard Park, is an extension of Talkiatry’s […]

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Drone startup Airware crashes, shuts down after burning $118M

Drone startup Airware crashes, shuts down after burning $118M

Drone operating system startup Airware today suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google’s GV, and Kleiner Perkins. The startup ran out of money after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI. The company at one point […]

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Snapchat will shut down Snapcash, forfeiting to Venmo

Snapchat will shut down Snapcash, forfeiting to Venmo

Snapcash ended up as a way to pay adult performers for private content over Snapchat, not just a way to split bills with friends. But Snapchat will abandon the peer-to-peer payment space on August 30th. Code buried in Snapchat’s Android app includes a “Snapcash deprecation message” that displays “Snapcash will no longer be available after […]

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Samsung kills the Note, so the Galaxy S22 Ultra can fly

Samsung kills the Note, so the Galaxy S22 Ultra can fly

Samsung The Note is dead. After more than a decade, Samsung has officially closed the book on the transformative phablet. The brand will still exist, but only in a kind of liminal marketing capacity. “We’re thinking more and more of the Note as the experience,” a rep told me on a recent briefing call. As the […]

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Buildots raises $30M to put eyes on construction sites

Buildots raises $30M to put eyes on construction sites

One year after raising $16 million, construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Lightspeed Venture Partners led the round, with participation from previous investors TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments. This gives the company $46 million in total funding, Roy Danon, co-founder and […]

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Wealthsimple raises $610M at a $4B valuation

Wealthsimple raises $610M at a $4B valuation

Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, and includes funding from Inovia, Sagard and Redpoint, Two Sigma Ventures, TCV, as well as individual investors including Drake, Ryan Reynolds and […]

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Sendbird raises $100M at a $1B+ valuation, says 150M+ users now interact using its chat and video APIs

Sendbird raises $100M at a $1B+ valuation, says 150M+ users now interact using its chat and video APIs

Messaging is the medium these days, and today a startup that has built an API to help others build text and video interactivity into their services is announcing a big round to continue scaling its business. Sendbird, a popular provider of chat, video and other interactive services to the likes of Reddit, Hinge, Paytm, Delivery Hero […]

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Google launches Street View in India after years of rejection

Google launches Street View in India after years of rejection

Google has relaunched Street View in India more than a decade after it first rolled out the service in the South Asian market and roughly six years after the feature was banned in the country over security concerns. Street View, the Google Maps feature that allows users to explore an area through 360-degree panoramic street-level images, was […]

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