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8 investors and founders highlight Valencia’s potential as a fintech and cybersecurity hub

While Madrid and Barcelona tend to attract the buzz when it comes to tech startups in Spain, Valencia is slowly and surely making a name for itself as a growing tech ecosystem. The country’s third-largest city, Valencia features great beaches, sunny weather all year, and affordable housing and healthcare. And with a population of only around a million people, it’s a little more manageable compared to its bigger cousins. The city also topped the InterNations Expat City Ranking 2020 as one of the ...
Tags: Startups, TC, Europe, Finance, Tech, Spain, Bloomberg, Barcelona, E-commerce, Artificial Intelligence, Venture Capital, Brazil, Iot, Madrid, Valencia, Patricia


Extra Crunch roundup: How Duolingo became an edtech leader

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future,...
Tags: Startups, TC, Apps, Utah, Education, Ipo, Boston, Tech, CMO, Bloomberg, Paypal, United States, Nba, Square, Holland, SEC


Will fintech unicorn Flywire’s proposed IPO reach escape velocity?

It’s a big morning for fintech startups today: Flywire, a Boston-based magnet for venture capital, has filed to go public. Flywire is a global payments company that attracted more than $300 million as a startup, according to Crunchbase, most recently raising a $60 million Series F last month. We don’t have its most recent valuation, but PitchBook data indicates that the company’s February 2020, $120 million round valued Flywire at $1 billion on a post-money basis. So what we’re looking at here i...
Tags: Fundings & Exits, Startups, Finance, Ipo, Boston, Tech, Paypal, Goldman Sachs, Stripe, Fintech, Unicorns, Adyen, Bain Capital Ventures, PitchBook, Flywire, The Exchange


Equity Monday: TechCrunch goes Yahoo while welding robots raise $56M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. This morning was a notable one in the life of TechCrunch the publication, as our parent co...
Tags: Apple, Fundings & Exits, Startups, Verizon, Cloud, Lyft, Uber, Yahoo, China, Boston, Tech, Paypal, Square, Earnings, Ohio, Dell


How Long til “Normalcy” Returns?, The Impact of PPP, Challenges of the Lockdown

Coronavirus Business Update   Programs Micro-Grants for Women of Color Small Business Owners Women on the Rise NY, Inc. dba HerSuiteSpot in partnership with the Yva Jourdan Foundation, Inc. have provided micro-grants to women of color entrepreneurs since 2017 as a way to assist them in starting or growing a business. Now they’re helping the HerSuiteSpot community with a micro-grant fund called HerRise Micro-Grant. HerRise Micro-Grants will award 20 cash grants at $500 each to qualifying wo...
Tags: Business, Japan, Congress, Washington Post, America, Linkedin, Management, Fbi, Square, Fortune, PPP, Charlotte, Right Now, American Hotel Lodging Association, Forsyth, Yahoo Finance


Goldman Sachs-backed payments unicorn Flywire is cutting 12% of its workforce amid the coronavirus pandemic

Boston-based finance startup Flywire is to cut 12% of its workforce amid the coronavirus pandemic.  Business Insider understands that 60 employees have been laid off as part of the decision, with another 3% of the workforce being moved to part-time contracts. Flywire confirmed the cuts in a written comment.  Goldman Sachs led a $120 million funding round into the firm in February at a valuation of more than $1 billion. Click here for more BI Prime stories. Flywire, the Boston-based payments s...
Tags: Europe, Boston, America, Trends, Palo Alto, Goldman Sachs, Business Insider, Massaro, Chime, Flywire, Iker Marcaide, Simplee


Amid unicorn layoffs, Boston startups reflect on the future

As domestic and global economies grapple with the COVID-19 era, its impact on startups is coming into focus: All will be impacted, many will suffer and some will close. Boston, a city that TechCrunch keeps tabs on, has seen a number of well-known startups struggle in recent weeks. Their misfortunes come quickly after companies in the region recorded huge venture raises, generating notable momentum. In December, TechCrunch wrote that “ despite winter’s chill, the Northeast’s tech ecosystem ...
Tags: Fundings & Exits, Startups, TC, Boston, Tech, Venture Capital, Drift, Toast, Flywire, Market Analysis, David Cancel, Drew Volpe, Extra Crunch, Coronavirus, COVID-19, Crunchbase Boston


Boston’s year jump starts as two local startups raise $520M in two rounds

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week two Boston-based companies raised big rounds. The size of the two investments — each over the $100 million mark — and their rapid succession made them stand out. The pair of investments raised a question: Is Boston seeing an acceleration in the pace at which it attracts venture capital? Of course, Toast raising $400 million and Flywire raising $120 million with...
Tags: Fundings & Exits, Startups, TC, Boston, Tech, Venture Capital, Toast, Flywire, Winged Bread Toast Boston


“Don’t Go Nuts With This”: Tech CEOs on What $100M Can Buy

So, your long-scrappy tech startup cashed a nine-figure check from a gaggle of venture capital types.What now?Launch a hiring spree? Land a beachhead in Europe? Squirrel some away for a rainy day? Build all the features into your gizmo that you always wanted (and promised to customers)?By our count, at least 14 Boston-area technology companies have hauled in funding rounds of $100 million or more in 2018. The list: Actifio, American Well, Circle, DataRobot, , ezCater, Flywire, Fuze, Hopper, Io...
Tags: Deals, Startups, Europe, Boston, Funding, Trends, Developers, Vc, Paris, Data Science, Venture Capital, Machine Learning, WeWork, Hopper, Circle, Programmers


Flywire Tracks Down $100M as Global Payments Race Heats Up

Investors continue to cut big checks to global payments startups. The latest to cash in is Flywire, which announced Thursday it raised a $100 million Series D funding round led by Singapore-based Temasek.Flywire has now hauled in a total of $144 million from investors, a spokeswoman said. Other investors in the Series D round were earlier Flywire backers Bain Capital Ventures and F-Prime Capital. Boston-based Flywire employs 300 people worldwide and plans to hire at least 80 more workers over t...
Tags: Startups, Boston, Singapore, Global, International, Trends, Tech, Paypal, Mit, Vc, Software, Payments, Seattle, Cryptocurrencies, Fintech, Cryptocurrency


Flywire snags $100 mln Series D

Boston-based Flywire, a provider of global payment and receivables solution, has secured $100 million in Series D funding. Temasek led the round with participation from other investors that included Bain Capital Ventures and F-Prime Capital. Source: Press Release
Tags: Boston, Trends, Bain Capital Ventures, Temasek, VC Deals, Flywire


Boston Tech Watch: Eric Schmidt’s MIT Role, CIC’s New Digs & More

[Updated 2/9/18, 3:32 pm. See below.] Here are some of the latest headlines from the Boston-area tech scene: —Humatics, a Cambridge, MA-based developer of “microlocation” and analytics software for robots, grabbed $7.2 million from investors, according to an SEC filing. The new capital arrives a few months after Humatics announced an $18 million Series A funding round. —Poly6 Technologies—a maker of new kinds of bio-based materials from waste and other components, such as citrus rinds—sec...
Tags: Google, Startups, Internet Of Things, Boston, Connected Devices, Trends, Tech, Cybersecurity, Mit, Vc, Cambridge, SEC, Ibm, Iot, Salesforce, Eric Schmidt


Boston Tech Watch: ICO Crackdown, “Shark Tank” Startups & More

[Updated 1/19/18, 2:47 pm. See below.] This week in Boston tech, we’re tracking legal action against a so-called “initial coin offering,” hiring sprees, a pair of acquisitions, several venture funding rounds, and more. Read on for details. —Massachusetts securities regulators are wading into the murky waters of cryptocurrencies and “initial coin offerings.” The office of Secretary of State William Galvin filed administrative charges against Caviar and its partner, Kirill Bensonoff, allegi...
Tags: Startups, Internet Of Things, Boston, Massachusetts, Connected Devices, Trends, Tech, It, Vc, Software, Mark Cuban, Iot, Accenture, Caviar, Fintech, Cryptocurrency


Boston Tech Watch: Zerto, Flywire, eClinicalWorks, CustomMade & More

Here are some of the latest headlines from the Boston-area tech community, including the acquisition of brain rehab app Constant Therapy, the makeover of online crafts marketplace CustomMade, and the expansion of data-recovery firm Zerto. Read on for details. —Boston University spinout Constant Therapy was acquired by San Diego-based Digital Health Corp for an undisclosed amount. Constant Therapy, which raised a $2 million Series A funding round last year, developed a mobile app to help w...
Tags: Deals, Startups, Boston, Trends, Investing, It, Vc, Software, San Diego, Boston University, Wayfair, ChannelAdvisor, Umass Lowell, National blog main, Boston blog main, HealthIT


Up Close – Nike Hypervenom Phantom “Motion Blur”

Along with the release of the third generation Hypervenom series, Nike has changed the naming convention for the top tier boots. Rather than the collar version being Phantom and then the top tier ankle cut being the Hypervenom Phinish, they have simplified things and gone with Phantom DF and Phantom. As a result, that would make the above version the Hypervenom Phantom III. The colorway, Photo Blue/Chlorine Blue/White, joins the Motion Blur pack and makes for an ideal spring boot design. Why t...
Tags: Nike, Sport, Soccer, Latest, Flywire, Hypervenom, Up Close, Flyknit, Nike Hypervenom Phantom, Motion Blur Pack


Nike Hypervenom Phantom 3 DF – Boot Review

There is no doubt that Nike has established a very specific target market for their latest Hypervenom Phantom 3 release. No longer is the swoosh using the term “deadly agility” with the Hypervenom; now it is all about “lethal finishers”, each component designed for scoring goals. It is a radical move that takes the signature silo in a completely new direction. In order to take it to another level, every piece of the boot has been inspected and modified to suit an attack minded mold. From an of...
Tags: Nike, Sport, Soccer, Puma, Latest, Robert Lewandowski, AG, Cleat reviews, Flywire, Hypervenom, Maestri, Nike Hypervenom Phantom, Nike Hypervenom 3


Nike LunarGlide 8 Review

From the top view, these shoes looked like a standard set of Nikes, almost mimicking the upper on the LunarTempos.But the side-view on these shoes reveals a few distinct slits that leave you curious as to what Nike’s up to. It’s only when you flip the shoes over that you see what Nike was really up to. They made a secret topographical map of the 5 mountains surrounding area 51! Nike LunarGlide 8 – Sole Wait.Nevermind.That’s a little crazy. So what are all the slits, lines, highlighted routes, a...
Tags: Reviews, Review, Nike, Sport, Running, 2016, Stability, Nike Running Shoes Reviews, Stability Running Shoes Reviews, Nike Free, Flywire


Nike Zoom Vomero 11 Review

The Nike Vomero 11 is well-designed running shoe for general conditions, ideally suited to runners who seek out high cushioning and run mainly on flat routes though cities and on moderate trails.The Vomero 11 was my first experience with the Nike Zoom Air and Flywire technologies, and I am generally happy with the shoe, specially I was impressed with the fit and cushioning performance.I ran with the Vomero 11 over multiple surfaces, including asphalt, trails (mild to moderate), hard and soft gr...
Tags: Reviews, Review, Nike, Sport, Running, Switzerland, 2016, Salomon, Cushioning Running Shoes Reviews, Nike Running Shoes Reviews, Cushioning, Brooks Pure Grit, Lunarlon, Flywire, Vomero, Zoom Air


Nike Running Shoes: the Definitive Guide 2016

Nike is one of the most innovative running shoe brands out there. While they do stick to some popular models for years (ie the more than 30 years history of the Nike Pegasus), they constantly introduce new technologies and with them, new names and classification.This article will help you make sense of all those model names, technical jargon and finally understand which of Nike’s running shoes is meant for which runner.Click here if you want to jump straight to the shoes. An overview of Nike ru...
Tags: Nike, Sport, Running, Pegasus, Don, Kiger, Nike Free, Nike Air, Lunarlon, Nike Pegasus, Nike Lunar Tempo, Flywire, Zoom Air, Flyknit, Nike Air Zoom Wildhorse


Kobe Bryant x Nike Fade To Black Pack

Kobe Bryant’s storied career comes to an end in April. Love him or hate him, basketball fan or not, Kobe has had a major impact not only with basketball but with culture as well. And for this post in particular, sneaker culture. We all know that Kobe is a massive soccer fan. That fandom and knowledge of soccer helped Kobe to introduce the first low cut basketball sneaker that was inspired by a soccer boot. Controversial at the time, we now see countless basketball sneakers that are low cut. An...
Tags: Nike, Kobe Bryant, Sneakers, Bryant, Kobe, Culture & Lifestyle, Flywire, Eric Avar, Flyknit, Black Mamba Pack, Nike SNKRS


Up Close – Nike Free Hypervenom 2

A few weeks back, I took a chance and picked up a fresh pair of the combined soccer/running inspired Nike Free Hypervenom 2 FS that were listed at a ridiculously good price. In the past, I’ve been hesitant about the Hypervenom shoe series in the past – mostly related to fit – and never considered the fact that they might actually be a decent everyday shoe option. What I now know is that was a complete misjudgment on my behalf! This pair comes in Flat Silver/Obsidian, and was originally release...
Tags: Nike, Don, Nike Free, Flywire, Nike Free Hypervenom II, Nike Free Hypervenom


Nike Lunar Tempo 2 Review

Maybe you’ve the movie “Home Alone”, and then you saw the movie “Home Alone 2” and had to ask yourself if anything changed Yes, the plot was still enjoyable, but besides a few scenery and actor adjustments, it felt and looked like the predecessor.That’s how I feel about the Nike LunarTempo 2s. I could copy and paste in my review of the previous LunarTempos and probably no one (besides our review team here) would notice.The shoe is still nice, I just have to look extra hard to find something new...
Tags: Reviews, Review, Nike, 2016, Lightweight, Saucony, Kinvara, Cushioning Running Shoes Reviews, Lightweight Running Shoes Reviews, Nike Running Shoes Reviews, Cushioning, Lunarlon, LunarTempo, Nike Lunar Tempo, LunarTempos, General Info Nike Lunar Tempo


Nike Pegasus 32 Review

Nike Pegasus 32 General Info The Nike Zoom Pegasus 32 remains one of Nike’s core neutral road shoes and the latest edition continues its tradition with a new upper which includes a seamless Flymesh combined with Flywire for increased comfort and fit.The Pegasus 32 is great for neutral runners who are looking for a shoe that can handle both fast-paced and long, high mileage training while providing excellent cushioning and a quick transition.The Pegasus underwent design changes to the upper to ...
Tags: Reviews, Review, Nike, Pegasus, 2015, Brooks, Lightweight, Nike Zoom Pegasus, Nike Elite, Cushioning Running Shoes Reviews, Lightweight Running Shoes Reviews, Nike Running Shoes Reviews, Cushioning, Flymesh, Nike Pegasus, Flywire