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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
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Hong Kong accelerator Brinc raises $30M Series B

TechCrunch

I knew the organization primary through its consumer hardware companies — a primary focus when it was founded, back in 2014. Last year, the pair launched the blockchain/NFT accelerator Launchpad Luna. In November, the company is also opening an office in Brazil — its first in Latin America.

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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

TechCrunch

Don’t worry, it’s for fun reasons: We want to be the first to tell you about the awesomeness that is our TechCrunch Disrupt Battlefield companies. It also comes as the company is in the process of acquiring a grammar- and style-checking platform, Outwrite. The newsletter is a little later than usual today and for the next three days.

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Daily Crunch: YouTube rolls out support for dubbing videos in more than 40 languages

TechCrunch

More than half of companies say that their spending on public cloud apps will increase in 2023 while 56% expect their public cloud infrastructure services spending will go up this year. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. The cloud is growing expensive. Big Tech Inc.

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Daily Crunch: Twitter backpedals on CEO’s promise, permanently bans user who tracked his private jet

TechCrunch

million to automate financial workflows for companies to more easily manage customer payments. The company, with its military autonomous flying tech , is a bright spot in the defense sector, which continues to attract investments. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack.

Hotels 246
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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

and 11 “top-tier” insurance companies, also invested in TrustLayer. The funding actually marked BTV’s first investment in a cohort member of its inaugural accelerator program. . It sells its software-as-a-service either through insurance brokers or directly to the companies themselves. Are insurtech startups undervalued?

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Daily Crunch: Former employee says Patreon has laid off its entire security team

TechCrunch

More layoffs : Patreon, a company that enables content creators to offer monthly payment subscriptions to customers, confirmed that it let go of five people from its security team. Roboto : Amazon announced it is acquiring Cloostermans, a mechatronics company based in Belgium. Enjoy your weekend! — Christine and Haje. Big Tech Inc.

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