utah

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Byju’s founder chips in toward $800M funding round to reach $22B valuation

Google filed a motion Friday asking a federal court to dismiss most of the counts in an antitrust lawsuit led by the state of Texas. In the filing, the company…

Google asks a judge to dismiss Texas antitrust lawsuit about its ad business

The final member of an international hacking group known as ‘The Community’ has been sentenced for his role in a multimillion-dollar SIM hijacking campaign, the U.S. Department of Justice (DOJ)…

US hacker jailed for role in multimillion-dollar SIM swapping campaign

We won’t know how special Podium truly is till it coughs up some new numbers. 

Utah’s Podium raises pre-IPO round, boosting its valuation to $3 billion

Featured Article

A security bug in health app Docket exposed COVID-19 vaccine records

A security bug in the health app Docket exposed the private information of residents vaccinated against COVID-19 in New Jersey and Utah, where the app received endorsements from state officials. Docket lets residents download and carry a digital copy of their immunizations by pulling their vaccination records from their state’s…

A security bug in health app Docket exposed COVID-19 vaccine records

Pattern’s platform works with brands to accelerate sales by buying inventory, figuring out gaps are in sales, optimizing it across marketplaces and identifying insights for boosting margins.

Pattern bags $225M; CEO says e-commerce accelerators ‘will win the day’ over aggregators

Washington, D.C’s Howard University has canceled classes after becoming the latest educational institution to be hit by a ransomware attack. The incident was discovered on September 3, just weeks after…

Howard University cancels classes after ransomware attack

A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumers…

Google faces a major multi-state antitrust lawsuit over Google Play fees

Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature…

Accel closes on $3B across three funds as it ramps up global investing

Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included…

Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth

Known for its innovations in the payments sector, Square officially now has a bank. Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square…

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer,…

Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank

Consumer genomics company Ancestry has confirmed it fought two U.S. law enforcement requests to access its DNA database in the past six months, but that neither request resulted in turning…

Ancestry says it fought two police requests to search its DNA database

This group of companies are what we’re calling our $50 million annual recurring revenue (ARR) group, though we’re not too strict on that revenue figure.

Two $50M-ish ARR companies talk growth and plans for the coming quarters

My big question for 2021, and the one that is on every startup’s mind, is how will a cataclysmic event such as a global pandemic show up in post-pandemic innovation?…

The big question on every startup’s mind for 2021

The malls and grocery stores of the 20th century are being converted into industrial conveyor belts of goods and services traveling from the internet to your home.

The future of retail and office space is up in the air, and proptech investors are optimistic

A lot happened in cybersecurity over the past week. The University of Utah paid almost half a million dollars to stop hackers from leaking sensitive student data after a ransomware…

Decrypted: Uber’s former security chief charged, FBI’s ‘vishing’ warning

Derek Norton and Jeremy Milken have known each other for twenty years. Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s…

As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

It has been an incredibly tough period for everyone the past few months as the global COVID-19 pandemic has wiped out whole industries from the economic map. While tech has…

3 perspectives on the future of SF and NYC as startup hubs

Cake has crafted the Swedish edition of electric motorcycle design starting in the dirt. The Stockholm-based mobility startup’s debut, the Kalk OR, is a 150-pound, battery-powered two-wheeler engineered for agile…

Cake brings a Swedish take on e-motorcycle design to the US

It seems that we are in the middle of a mini acquisition spree for Kubernetes startups, specifically those that can help with Kubernetes security. In the latest development, Venafi, a vendor…

Venafi acquires Jetstack, the startup behind the cert-manager Kubernetes certificate controller

While COVID-related stay-at-home orders have been extended in some places, officials in other places in the U.S. have decided to open up. We are watching and waiting to see how…

The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal

Google Cloud today announced the official opening of its Las Vegas data center region. With this, Google Cloud now operates four regions in the western U.S., with Las Vegas complementing…

Google Cloud opens its Las Vegas region

Featured Article

New data details the decline in Silicon Valley’s Q1 venture activity

January was great. February was good. March was a mess.

New data details the decline in Silicon Valley’s Q1 venture activity

We’re adding a number of companies to the $100 million ARR club, a collection of private companies that have reached material scale.

As COVID-19 pummels global economy, 8 new companies join the $100M ARR club

This morning Everee, a Utah-based software as a service (SaaS) startup focused on payroll, announced that it has closed a $10 million Series A. The funding event was led by…

Everee raises a $10M Series A to scale its worker-friendly payroll software service

Continuing our coverage of Utah-based startups, this morning we have our second big round of the year from the state. Lucid Software, best known as the parent company of Lucidchart,…

Lucidchart raises $52M Series D, passes $100M ARR

To get a handle on what’s going on in Utah, TechCrunch spoke with Qualtrics’ CEO and co-founder Ryan Smith about his home state.

Checking on Utah’s startup scene as the economy slips

This morning, Utah-based SaaS startup Podium announced that it has closed a $125 million Series C led by Y Combinator’s Continuity fund, with participation from Sapphire Ventures and Alkeon, and Recruit…

Utah’s Podium raises $125M Series C led by YC after reaching $100M ARR

We should not be debating whether online voting should exist, but rather asking: What is the most secure way to facilitate electronic voting?

We must consider secure online voting