Tag Archives: TechCrunch

Mercury Fund closes largest fund to invest in SaaS startups between the coasts

Mercury Fund closed on $160 million in capital commitments for its fifth fund to invest in founders building transformational SaaS and data platforms.

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Indian music label giant Saregama acquires Pocket Aces

Saregama has agreed to acquire a 51.82% stake in the startup Pocket Aces as the oldest Indian music label makes deeper push into videos. Saregama is paying about $20 million for the 51.82% stake in Pocket Aces and plans to … Continue reading

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KSOC says it’s tackling cloud-native security in a way that is Kubernetes-first

The take-up of Kubernetes, a tool for managing containerized workloads, is only expected to increase as demand for cloud-native architectures and containerization continues. In terms of security, this can mean a boon or a major blind spot for them, according … Continue reading

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India gov’t to propose setting up a separate body for vast data management, draft bill shows

With data being considered the new oil, India, the world’s second-largest internet market after China, is looking to establish a dedicated entity to manage the data it generates and set up rules and regulations for non-personal and anonymized personal data. … Continue reading

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Adobe launches Photoshop’s web version with Firefly-powered AI tools

Adobe officially launched Photoshop for the web on Wednesday for all users with paid plans. The web version, which was in beta for almost two years, is now available with Firefly-powered AI tools such as generative fill and generative expand. … Continue reading

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Investors taking 30% of a startup in a round are short-sighted

Over the last couple of months I’ve spoken to a number of early-stage investors — both angels and VCs — who seem to be proud of having been able to take 25-30% of a startup’s equity in an early-stage funding … Continue reading

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African VC firm Enza Capital launches founder partner program as it closes $58M across funds

Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. In 2019, the company launched an early-stage fund to “find, back, and help build category-defining … Continue reading

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The Raspberry Pi 5 is here and looks yummier than ever

Four years after the release of the Raspberry Pi 4, the Raspberry Pi team is back with a new small-but-mighty computer — the Raspberry Pi 5. It’s a worthy successor that features updated components with better specifications — and even … Continue reading

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X will be profitable in 2024, CEO claims in tense interview

According to X CEO Linda Yaccarino, the company formerly known as Twitter will be profitable by early 2024. “Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what’s coming … Continue reading

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Epic asks the Supreme Court to weigh in on its beef with Apple

We haven’t heard the last of Epic’s crusade against Apple over the iPhone maker’s App Store fees. Epic Games filed a cert petition with the Supreme Court on Wednesday, setting things in motion for the highest court in the land … Continue reading

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