Technology

Soci raises $120M in debt and equity to grow its marketing management platform

March 7, 2023

Soci (pronounced “soh-shee”), a marketing automation platform with customers including Ace Hardware, Jersey Mike’s, Pet Supplies Plus and Ford, today announced that it raised $120 million in a financing round led by JMI Equity with participation from Vertical Venture Partners, Blossom Street Ventures and Renew Group Private Limited. Co-founder and CEO Afif Khoury says that […]

Soci raises $120M in debt and equity to grow its marketing management platform by Kyle Wiggers originally published on TechCrunch

This geothermal startup showed its wells can be used like a giant underground battery

March 7, 2023
In late January, a geothermal power startup began conducting an experiment deep below the desert floor of northern Nevada. It pumped water thousands of feet underground and then held it there, watching for what would happen. Geothermal power plants work by circulating water through hot rock deep beneath the surface. In most modern plants, it…

Cartier and Tiffany are getting into AR to sell luxury to Gen Z

March 7, 2023
I recently tried on a Cartier Tank watch and a slew of Tiffany bracelets, watching the metal and diamonds shine in the dim light. I wasn’t at a store, though; I was in my bed, barefoot and in sweatpants, using an AR experience on Snap that let me see how the jewelry looked on my…

Growfin’s AI-based cash collection SaaS expands further to US and Asia

March 7, 2023

Cash management — tracking who needs to pay an invoice and whether it’s been done — can make or break a business. Now, a startup building SaaS software to help finance departments manage this more intelligently is announcing some funding to expand after seeing strong demand. Growfin, a Singapore- and San Francisco–based fintech startup that […]

Growfin’s AI-based cash collection SaaS expands further to US and Asia by Kate Park originally published on TechCrunch

SiriusXM announces layoffs of 475 people, or 8% of its total workforce

March 6, 2023

SiriusXM, the satellite radio company and Pandora owner, disclosed today it’s laying off 475 employees, representing 8% of its workforce. In an email sent to employees, CEO Jennifer Witz said the cuts would impact “nearly every department” across the company, and follow a review of SiriusXM’s operations announced in November that aimed to identify areas […]

SiriusXM announces layoffs of 475 people, or 8% of its total workforce by Sarah Perez originally published on TechCrunch