article thumbnail

Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

TechCrunch

Startups and VC It’s a tough time to be a richly priced company that didn’t go public when the getting was good. Not only are there fewer later-stage players with the resources and appetite to support such companies (e.g., Not only are there fewer later-stage players with the resources and appetite to support such companies (e.g.,

Company 257
article thumbnail

OpenSponsorship lands new capital to bring brands, athletes together

TechCrunch

Ishveen Anand grew up in England playing sports all of her life, including during her time at Oxford. However, what she found was that the process was inefficient — the sports world was slow-moving in terms of brands getting contracts with athletes. Prior to this latest funding, the company raised a pre-seed round of $1.3

Sport 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Draftea kicks off LatAm fantasy football with NFL partnership, fresh funding

TechCrunch

Draftea , which calls itself the first daily fantasy sports company in Spanish-speaking Latin America , is taking fantasy football (not fútbol) to the region in a new partnership with the National Football League (NFL) and the NFL Player’s Association, a labor union representing the league’s athletes.

Sport 162
article thumbnail

Forbes jumps into hot media liquidity summer with a SPAC combo

TechCrunch

The business publication’s news follows BuzzFeed’s journey to the public markets through a blank-check company. In corporate-speak, Forbes Global Media Holdings is merging with blank-check company Magnum Opus Acquisition Limited. And Forbes announced that it is going public via a SPAC. Hot media liquidity summer?

Media 252
article thumbnail

NEX raises $25M, launches Active Arcade to get people moving

TechCrunch

It also previously raised a $4 million seed round from Charmides Capital, Harris Blitzer Sports & Entertainment Ventures and Mandra Capital, Steve Nash, Jeremy Lin and Mark Cuban in 2018. Many other leaders in sports, media and technology have also baked NEX. This latest round comes after NEX raised an $8.5

Sport 248
article thumbnail

CIOs rethink all-in cloud strategies

CIO

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 360
article thumbnail

Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

TechCrunch

With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. To do that, the company infuses a porous carbon scaffold with a silicon-containing gas.

Sport 246