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

Quip raises $10 million for electric toothbrushes

 There are venture-backed shoes, razors, and glasses. So why not, toothbrushes? Quip has raised a $10 million round for its dental care business. Sherpa Capital and other unnamed fashion and entertainment investors participated. The New York-based startup is “a lot more than just an electric toothbrush,” said Simon Enever, founder and CEO. Quip is “looking to help fix or… Read More

Roman is a cloud pharmacy for erectile dysfunction

 “When I was 17, I experienced erectile dysfunction.” My interviews with startup founders rarely start so candid. But to destigmatize the business of his new company Roman and empathize with customers, Zachariah Reitano is getting vulnerable. “I think in a good way I’ve become numb to the embarrassment” says 26-year-old Reitano. “I remember the embarrassment… Read More

Cardlytics filed for marketing analytics IPO

 Cardlytics has been on file for IPO, multiple sources tell TechCrunch. The Atlanta-based marketing analytics business filed its confidential S-1 last year and has been trying to determine the best time to go public. One source with knowledge of the business says that part of the delay is related to potential partnerships that would put the company in a better position for a market debut,… Read More

Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

 Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia, Taiwan and Hong Kong. Prior to this… Read More

LG’s mobile business can’t stop losing money

 Korea electronics giant LG continues to show the world that making a profit, or even breaking even, from selling smartphones is no easy thing. LG Mobile has posted just one quarter of profitability over the last two years, that was six months ago during the first quarter of sales of its new flagship, the LG G6, when it eked out a $3.2 million profit. Previous to that, you have to go way back… Read More