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Sarah Perez / TechCrunch:
Roku brings to the web The Roku Channel, its free ad-supported streaming video offering, and updates navigation on devices to add Featured Free section   —  Roku's homepage also expanded to include ‘Featured Free’ content  —  Roku is today bringing its free, streaming entertainment destination …
Aug 8, 2018, 5:15 PMIn context
Jon Russell / TechCrunch:
Beijing-based online video service infrastructure startup Moviebook raises $199M Series D led by AI startup SenseTime, following a $75M Series C in 2017   —  SenseTime may be best known as the world's highest-valued AI company — having raised $620 million at a valuation of over $4.5 billion — but it is also an investor, too.
Aug 8, 2018, 3:30 PMIn context
Josh Constine / TechCrunch:
Patreon says it's acquiring white-labeled subscription service Memberful for an undisclosed sum, to be run as a separate business by its seven-person team   —  Patreon is forming a patronage empire.  Today it acquired white-labeled subscription membership platform Memberful …
Aug 8, 2018, 12:17 PMIn context
Ingrid Lunden / TechCrunch:
LetGo, the second-hand shopping app, raises another $500M from Naspers, the South African e-commerce and media firm, source says at a $1.5B+ pre-money valuation   —  LetGo, the app-based marketplace for people to sell each other second-hand goods, has nabbed a great deal of its own.
Aug 8, 2018, 12:06 PMIn context
Josh Constine / TechCrunch:
Facebook launches two AR games for Messenger video chat that can be played with up to six people   —  Facebook is diving deeper into in-house game development with the launch of its own version of Snapchat's multiplayer augmented reality video chat games.  Today, Facebook Messenger globally launches …
Aug 8, 2018, 9:30 AMIn context
Josh Constine / TechCrunch:
Snapchat gets $250M investment from Saudi prince for 2.3%   —  Snap Inc got a fresh infusion of cash from the Saudi royal family to help it survive despite losing $353 million this quarter.  Prince Al-Waleed Talal tweeted a video of him and Snap CEO Evan Spiegel, noting that he's invested $250 million …
Aug 8, 2018, 12:10 AMIn context
TechCrunch:
Sources: Slack is raising about $400M or more led by General Atlantic at a post-money valuation of at least $7B   —  Slack — the app that lets coworkers and others in professional circles chat with each other and call in data from hundreds of integrated apps in the name of getting more work done …
Aug 7, 2018, 11:15 PMIn context
Ingrid Lunden / TechCrunch:
Scale, a managed marketplace for contractors who examine and categorize visual data to train AI systems, raises $18M Series B led by Index Ventures   —  The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans.
Aug 7, 2018, 5:45 PMIn context
Josh Constine / TechCrunch:
Snap reports Q2 revenue of $262.3M, up 44% YoY, vs. $249.8M est., and 188M DAUs, up 8% YoY but down from 191M in Q1; stock down 6%+   —  The Stories War has officially killed Snapchat's growth.  In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter …
Aug 7, 2018, 4:22 PMIn context
Jon Russell / TechCrunch:
Japan-based accounting software company Freee raises $60M Series E to expand its API for its cloud-based HR and accounting services   —  Japan-based accounting software company Freee, one of the country's most-prominent startups, has raised a $60 million Series E funding round as it bids …
Aug 7, 2018, 12:40 PMIn context

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