Cluep, a Canadian startup that raised just $500k, acquired for $40M

Everyone loves a tale of a bootstrapped startup founder’s journey to an eight-figure exit. The team at Toronto-based Cluep have a good one. The founders of the adtech startup raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 milllion CAD) this week. Founded in 2012, Karan Walia, Sobi Walia […]

Meet the startups in the latest Alchemist class

Alchemist is the Valley’s premiere enterprise accelerator and every season they feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model. You can watch […]

Apple Watch fire face was made with actual fire

With the Apple Watch Series 4, Apple introduced a new, larger display. It now has rounded edges and thinner bezels. And the company took advantage of that display to introduce new fire, water, liquid metal and vapor faces. Apple didn’t use CGI to create those faces — they shot those faces in a studio. Many […]

Bird hits 10 million scooter rides

Bird just announced 10 million scooter rides since launching about one year ago. If this story sounds familiar to you, it’s probably because Bird competitor Lime earlier today announced it surpassed 11.5 million rides across its shared bikes and scooters. Bird, which launched last September in Santa Monica, Calif., currently operates in 100 cities and […]

MariaDB acquires Clustrix

MariaDB, the company behind the eponymous MySQL drop-in replacement database, today announced that it has acquired Clustrix, which itself is a MySQL drop-in replacement database, but with a focus on scalability. MariaDB will integrate Clustrix’s technology into its own database, which will allow it to offer its users a more scalable database service in the long […]

Facebook warned to amend ToS to fix EU consumer rights issues by year’s end

Facebook has been singled out for censure by the European Commission’s head of consumer affairs who has warned she’s running out of patience and said the company needs to make additional changes to its terms of service before the end of the year to bring them into line with the bloc’s consumer rules. The Commission […]

Hear about the keys to local investing at Startup Battlefield Africa with Omobola Johnson and Lexi Novitske

Omobola Johnson (Image: Flickr/World Economic Forum under a CC BY-NC-SA 2.0 TechCrunch Startup Battlefield is returning to Africa in December, this time in Lagos, Nigeria. We will have a day-long program full of our flagship Battlefield competition highlighting the best startups that Africa has to offer. Not only that, we’ll have panel discussions designed to […]

Inside Facebook Dating, launching today first in Colombia

Does deeper data produce perfect matches? Facebook is finally ready to find out, starting today with a country-wide test in Colombia of its new Dating feature. It’s centered around an algorithm-powered homescreen of Suggested romantic matches based on everything Facebook knows about you that other apps don’t. There’s no swiping and it’s not trying to […]

Lime hits 11.5 million bike and scooter rides

Bike and scooter company Lime recently hit 11.5 million rides, a couple of months after it surpassed six million rides. This milestone comes just 14 months after Lime deployed its first bikes. Today, Lime is in more than 100 markets throughout the U.S. and Europe. Last December, Lime brought its bikes to a number of European […]

Meituan-Dianping’s IPO off to a good start as shares climb 7% on debut

Meituan-Dianping (3690.HK) enjoyed a strong debut today in Hong Kong, a sign that investors are confident in the Tencent-backed company’s prospects despite its cash-burning growth strategy, heavy competition and a sluggish Hong Kong stock market. During morning trading, Meituan’s shares reached a high of HKD$73.85 (about $9.41), a 7% increase over its initial public offering […]