Discord proclaims an enormous funding spherical, Google will get European approval to amass Fitbit and Twitter launches a brand new voice-based characteristic. That is your Every day Crunch for December 17, 2020.
Discord raises $100M
The favored gaming chat platform confirmed at this time that it has raised $100 million and in addition introduced that it has 140 million month-to-month lively customers, twice as many as a 12 months in the past.
“We’re humbled and honored by the expansion we’ve seen amongst so many unimaginable and numerous communities which have made Discord their place to hang around,” stated CEO Jason Citron in a press release. “As we glance to 2021, we’re enthusiastic about what we’ve in retailer and plan to make use of this funding to assist make Discord even higher — each for our free service and our Nitro subscribers.”
The affirmation comes after TechCrunch reported that the corporate was elevating as much as $140 million at a valuation that may very well be as excessive as $7 billion.
The tech giants
Europe clears Google-Fitbit with a ten-year ban on using health data for ads — Below the phrases of the EU’s clearance for the deal, Google has dedicated to not use Fitbit consumer information within the European Financial Space for advert concentrating on functions for a 10-year interval.
Twitter launches its voice-based ‘Spaces’ social networking feature into beta testing — Throughout this preliminary testing interval, the product can be restricted to pick people, largely from underrepresented backgrounds, Twitter says.
Google slammed for ‘monopoly power’ in new antitrust lawsuit from 35 states — In comparison with the Texas-led swimsuit towards Google introduced yesterday, the second lawsuit represents a broader coalition of 35 states.
Startups, funding and enterprise capital
Coinbase files to go public confidentially and we’re hyped — To be clear, I don’t take into account myself a part of the “we” that’s hyped, however Alex Wilhelm undoubtedly is.
Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools — Spryker affords a platform to deliver an organization’s stock on-line, in addition to instruments to investigate and measure how that stock is promoting and the place.
Health insurer Oscar adds another $140M in what’s likely a pre-IPO round — The brand new capital signifies that Oscar has raised what could be the equal of $1 million a day for the whole thing of 2020.
Recommendation and evaluation from Additional Crunch
Virgin Orbit, Relativity Space and Astra dish on the economics and efficiencies of space launches — Relativity Area CEO Tim Ellis, Astra CEO Chris Kemp and Virgin Orbit’s VOX Area President Mandy Vaughn all joined us at TC Periods: Area to debate their approaches to the small spacecraft launch market.
Just how bad is that hack that hit US government agencies? — Spoiler: It’s a nightmare situation.
2020’s top 10 enterprise M&A deals totaled a staggering $165B — It was a blockbuster 12 months for enterprise M&A.
(Additional Crunch is our membership program, which goals to democratize details about startups. You can sign up here.)
Every little thing else
HBO Max finally lands on Roku devices — “Lastly” will get overused in headlines, but it surely completely applies right here.
You can now securely submit tips to TechCrunch using SecureDrop — We’re making it simpler and safer so that you can contact TechCrunch reporters and editors.
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