IFC leads $17M investment in South African insurtech Naked

February 15, 2023

Naked, a South African insurtech company that helps consumers to insure their cars, homes, and valuables, has raised $17 million in Series B funding led by the International Finance Corporation (IFC). The round welcomed participation from the German Development Finance Institution (DEG), and earlier investors, Yellowwoods and Hollard. The news follows the Naspers-led $11 million […]

IFC leads $17M investment in South African insurtech Naked by Tage Kene-Okafor originally published on TechCrunch

Passwordless authentication startup Descope lands whopping $53M seed round

February 15, 2023

Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard. Take Descope, for example, which today announced that it raised a whopping $53 million in seed funding for its “developer-first” authentication and user management platform. The money came from Lightspeed Venture Partners […]

Passwordless authentication startup Descope lands whopping $53M seed round by Kyle Wiggers originally published on TechCrunch

Yext hops on the generative AI train with Yext Chat, an enterprise-focused chatbot

February 15, 2023

Looking to cash in on the generative AI craze, Yext, the platform for online brand management, today announced an AI-powered chatbot called Yext Chat. Taking inspiration from OpenAI’s ChatGPT, Yext Chat is designed for enterprise use cases — and differentiated, Yext claims, by a partly proprietary back end. “ChatGPT has shown the world that large […]

Yext hops on the generative AI train with Yext Chat, an enterprise-focused chatbot by Kyle Wiggers originally published on TechCrunch

Marvel top boss wants to space out show releases on Disney+

February 15, 2023

Marvel’s top boss Kevin Feige thinks that the company might adjust its plans when it comes to releasing shows on Disney+ and space them out for better consumption. In an interview with Entertainment Weekly, Feige said that there is too much content on the internet and he wants Marvel stuff to stand out. “I do […]

Marvel top boss wants to space out show releases on Disney+ by Ivan Mehta originally published on TechCrunch

Oligo raises $28M to secure open-source libraries at runtime

February 15, 2023

Oligo Security, a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding. The company’s investors include Lightspeed Venture Partners, Ballistic Ventures and TLV Partners, […]

Oligo raises $28M to secure open-source libraries at runtime by Frederic Lardinois originally published on TechCrunch

Strike 3 for Investors THIS Thursday?

February 15, 2023
The Fed is on a war path against inflation. The longer they stay hawkish, the more likely a recession forms…the more likely stocks (SPY) tumbling lower. In February there have…