SiriusXM acquires connected car company Automatic for over $100M

 SiriusXM has acquired Automatic, the maker of the Automatic Pro and Automatic Lite connected car OBD-II port accessories. TechCrunch has learned that the deal was worth over $100 million, and SiriusXM and Automatic both note in releases announcing the news that the brand will remain separate, and Automatic’s products and team will remain focused on the same mission. For Automatic users,… Read More

China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion

 Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More

Everfi raises $190 million to teach life skills and touchy subjects online

 Everfi Inc. has raised $190 million in Series D funding to teach students online the life skills and touchy subject matter that they never learned in school. A sampling of courses offered by Everfi range from “Harassment Prevention Training” for the workforce, to “Alcohol EDU” for college students and “Vault Understanding Money” for fourth-, fifth- and… Read More