On-demand parking startup SpotHero raises $50 million

SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led by Macquarie Capital. Union Grove Venture Partners participated in the round, along with existing investors, including Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures and others, according to the company. SpotHero has […]

Meet TezLab, the Fitbit for Tesla vehicles

Some of the best real-time insights into Tesla and its global fleet of electric vehicles — outside the confines of its Silicon Valley headquarters — might be through the lens of TezLab, a tiny upstart in Brooklyn. Now, a little more than two years after its founding, TezLab is on the verge of hitting what […]

The Exit: an AI startup’s McPivot

How Bessemer’s bet on Dynamic Yield led it through the Golden Arches Lucas Matney 17 hours Five years ago, Dynamic Yield was courting an investment from The New York Times as it looked to shift how publishers paywalled their content. Last month, Chicago-based fast food king McDonald’s bought the Israeli company for $300 million, a […]

Elizabeth Warren wants to break up Google, Amazon and Facebook

The influential Massachusetts senator and presidential hopeful Elizabeth Warren has been a longtime critic of the consolidation of economic power by Amazon, Google and Facebook. Now she’s making their break-up a key component of her presidential platform. Warren has just released her plan for breaking up big tech, in what seems like a watershed moment […]

Review: 2018 Lincoln Navigator

Michigan saw a historic amount of snowfall in 2018. And it’s not done. It’s snowing as I write this and it snowed nearly every day since I took delivery of this burgundy 2018 Lincoln Navigator. Excuse the dirty car shown in the photos. That’s life in the Midwest: half the year it’s impossible to keep […]

Mapbox makes another acquisition to bolster its navigation toolkits

Mapbox, the SoftBank-backed developer of mapping applications that competes with Google Maps, TomTom and Here, has acquired the developers behind Mapzen’s Valhalla project in a bid to strengthen its navigation toolkits. The acquisition, made as Mapzen was winding down, brings the Valhalla development team in-house for a bargain price that Mapbox chief executive Eric Gunderson declined […]