Outdoor Tech’s Chips ski helmet speakers are a hot mess of security flaws

Sometimes the “smartest” gadgets come with the shoddiest security. Alan Monie, a security researcher at U.K. cybersecurity firm Pen Test Partners, bought and tested a pair of Chips 2.0 wireless speakers, built by California-based Outdoor Tech, only to find they’re a security nightmare. The in-helmet speakers allow users to listen to music on the go, […]

AirAsia launches a $60M fund to help startups get into Southeast Asia

Budget airline AirAsia is getting into the VC game after it unveiled a venture capital fund that aims to invest in startups across the world. The airline today announced Redbeat Capital, a $60 million fund that it says will operate independently and seek deals with startups worldwide in areas such as travel, lifestyle, fintech and […]

Segmented security startup Illumio raises $65M in Series E round

Illumio has raised $65 million in its latest round of funding, the security startup has confirmed. The news comes just weeks after the company was expected to announce a $50 million Series E round, but was delayed after a late addition pushed the figure up. In just six years, the company has exploded in growth, […]

Cannabis startup Caliva raises $75M from former Yahoo CEO Carol Bartz and Joe Montana

San Jose cannabis company Caliva is proving that weed’s still hot, even as some markets cool off. The company is announcing a $75 million round of investment that includes participation from former Yahoo CEO Carol Bartz and football legend Joe Montana . If that pair seems unlikely, it just goes to show that cannabis attracts […]

Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The […]

Innovaccer nabs $11 million from Microsoft’s VC arm to give doctors a better window into patient health

Cracking the silos of digital health records promises to bring better care to patients by better informing doctors, according to Abhinav Shashank, the chief executive officer of San Francisco-based startup Innovaccer. Shashank’s company is just wrapping up a $35 million round of financing with a new $11 million commitment from Microsoft’s investment arm M12 (formerly […]

Ciitizen raises $17 million to give cancer patients better control over their health records

Ciitizen, the company founded by the creators of Gliimpse (an Apple acquisition that’s been incorporated into the company’s HealthKit) which is developing tools to help patients organize and share their medical records, has raised $17 million in new funding. Ciitizen, like Gliimpse before it, is an attempt to break down the barriers that keep patients […]

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount […]

Construction management software developer Procore raises $75 million at a $3 billion valuation

Procore Technologies, a provider of software to manage construction projects, is now worth $3 billion thanks to a new $75 million round of funding led by Tiger Global Management. The new funding shows just how completely software has eaten the world. Once considered an industry that was too analog to ever reap the benefits of […]

ACLU asks court to release a secret order forcing Facebook to wiretap Messenger

Earlier this year, the U.S. government tried to force Facebook to secretly recode its Messenger app to allow the feds to listen into an encrypted, real-time voice call on suspected members associated with the notorious MS-13 gang. Facebook declined, and the feds pushed the court to hold the company in contempt. The case collapsed, but […]