Ambitious new media firm ByteDance is no longer a secret outside of China

 ByteDance is a name that is about to become very familiar to everyone in international tech circles. Really it should already be. It is valued at $20 billion and its flagship Toutiao news reader app is one of China’s fastest growing internet services with 120 million daily users. It is in the process of raising a $2 billion funding round and revenue for this year is reportedly forecast… Read More

Apple has acquired imaging sensor startup InVisage Technologies

 As Apple continues to work on ever-smaller but more powerful computing devices, it has acquired a startup focusing on nanotechnology, and specifically as it relates to image sensors. TechCrunch has learned and confirmed that Apple has picked up InVisage Technologies, a startup that develops solutions to improve imaging capabilities on space-constrained devices, like smartphones.
An Apple… Read More

Airbnb management service Hostmaker scores $15M Series B funding

 Airbnb continues to be an ecosystem in its own right, with a number of startups building a business by making the lives of hosts easier and potentially more lucrative. One such company is London-based Hostmaker, an upmarket Airbnb management service, which today is announcing $15 million in Series B funding.
The round is led by Sansiri, one of Thailand’s largest premium real estate… Read More

Ink raises $7M to make printing on college campuses less painful

 Ink, a Nebraska-based startup focused on revamping on-campus printing, has raised $7M from VTF Capital, SQN Venture Partners, Invest Nebraska and NE Angeles. This brings total funding to $15M, with previous participation from advisors Tony Hsieh of Zappos and Greg Silverman of Warner Brothers. If you’re a college student or recent graduate, you already understand exactly how frustrating… Read More

Aquantia up 6% following semiconductor IPO

 Tech IPOs have been picking up lately and one lesser-known semiconductor company, Aquantia, made its debut on the New York Stock Exchange today.
The company raised $61 million in its offering, after pricing shares at $9.00. It closed the day of trading at $9.51.
The San Jose, California-based company describes itself as “a leader in the design, development and marketing of advanced… Read More

Hevo Data gets $1M in seed funding to streamline data integration

 Going from food delivery to data integration might seem like an unlikely progression for a startup team, but it was a natural fit for Hevo Data’s founders. Manish Jethani and Sourabh Agarwal previously launched SpoonJoy, an on-demand restaurant delivery app in India. The challenges they encountered while analyzing data in order to improve SpoonJoy’s service inspired them to create… Read More

VMware acquires VeloCloud as it moves deeper into networking

 VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price. The news confirms a report that The Information first reported this story yesterday. The company appears to be an excellent fit as one of the primary use… Read More