AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sun Basket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. AxleHire, which started back in 2015, is doing more than 150,000 shipments per month and bringing in $750,000 in monthly […]
Aspect Ventures promotes Lauren Kolodny to partner
Aspect Ventures has another lady atop its female-led venture investment team. Lauren Kolodny has been promoted to partner after spending 3.5 years at Aspect. She joined shortly after the firm started. In her role as principal, Kolodny led or co-led investments in The Muse, Chime, Gusto, TalkIQ and others. She’s particularly interested in blockchain, fintech and SaaS. Kolodny […]
The FCC disproved its own claim that net neutrality was an Obama plot
Among the many incorrect claims made by the FCC in promotion of its order eliminating 2015’s net neutrality rule was the idea that the Obama administration had exerted major influence to make that rule happen. While it’s true that President Obama publicly stated his support for the idea, the FCC’s own internal investigation found no evidence […]
Facebook has new tools to prevent unwanted friend requests and messages
Facebook, like every social media platform, has issues with harassment and bullying. In order to prevent certain types of harassment, Facebook is introducing some new features to help prevent unwanted friend requests and messages. “We’ve heard stories from people who have blocked someone only to encounter the same harasser using […]
UPS reserves 125 Tesla Semi fully electric heavy-duty trucks
Tesla has another new high-profile customer – UPS, which has placed the largest order yet for Tesla Semi advance reservations. The shipping giant pre-ordered 125 Tesla Semi trucks, besting PepsiCo’s 100 vehicle order from last week. UPS has a fleet of around 8,500 alternative fuel vehicles already in service around the world, […]
dYdX is a decentralized protocol for cryptocurrency derivatives
While some financial derivatives like futures trading are slowly coming to Bitcoin, we’re still a long time away from these financial products being widely available for the entire cryptocurrency asset class. So dydX is building a decentralized protocol for derivatives, built on the Ethereum blockchain and the 0x protocol. The protocol lets you take […]
Musical.ly launches $50 million ‘creator fund’ to build out its community
In November, the popular lip-syncing app Musical.ly announced its acquisition by Chinese social media giant Toutiao, owned by Bytedance, in a deal sources said was valued at $800 million to $1 billion. Today, the acquisition has completed, with Musical.ly officially joining Bytedance, the companies said. In addition, Musical.ly announced the launch […]
Dgraph raises $3M for its open-source distributed graph database, hits 1.0 release
Dgraph is an increasingly popular open-source distributed graph database that uses a version of Facebook’s GraphQL as its default query language. Today, the company announced that it has raised $3 million in funding from Bain Capital Ventures, Atlassian co-founder Mike Cannon-Brookes, Blackbird Ventures and AirTree (this includes a $1.1 million seed round the company raised last year). The company […]
Twitch announces reality show for up-and-coming streamer
Twitch is planning to highlight some of its most promising users in a reality show called Stream On. The Amazon-owned video game streaming service says the show is for participants who are “right on the cusp of making streaming full-time a possibility.” More concretely, it’s holding auditions for users who have already achieved […]