Timescale announces $15M investment and new enterprise version of TimescaleDB

It’s a big day for Timescale, makers of the open source time series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product….

Petal raises $30m from Valar to bank the unbanked with credit cards

Credit cards are a relatively new invention that have entered into something of an innovation rut. Reward programs seem stale, mobile apps remain mired in early-2000s UX paradigms, and all…

YC-backed Oxygen raises seed to bring digital banking to freelancers

Few things are easy in our financial system if you don’t have regular employment. It’s hard to prove (regular) income, which makes applying for a credit card or personal loan…

TrueLayer’s Payments API lets companies accept payments through Open Banking

Open Banking and PSD2 — groundbreaking regulation from the U.K. and European Union, respectively — set out to fix what politicians and civil servants perceived as a malfunctioning financial services…

Former Munchery employees sue company, blame CEO for shutdown

The Munchery saga continues. In a new class-action lawsuit, former Munchery facilities worker Joshua Philips is claiming the startup owes him and 250 other employees 60 days’ wages, citing The Worker…

Wellness startup Hims enters the unicorn club with $100M investment

Hims, known by many for its phallic New York subway advertisements, has raised an additional $100 million in venture capital funding on a pre-money valuation of $1 billion. The round was…

Lack of transparency in healthcare startups risks another Theranos implosion

Are more Theranos -style scandals looming for investors in healthcare startups? A team of researchers associated with the Meta-Research Innovation Center at Stanford thinks so. They’ve published a paper warning investors…

The new Parsley Health Center in NYC doesn’t feel like a doctor’s office

Parsley Health has just opened a new, fully redesigned space on Fifth Avenue in New York City, marking the first true Parsley Health Center. Since launch, the startup has been…

China’s social credit system won’t tell you what you can do right

For the past few years, China has been rolling out a Black Mirror / Harry Potter-esque social rating policy known as the Social Credit System (SCS). Far from just a credit score…

Kite raises $17M for its AI-driven code completion tool

Kite, a San Francisco-based startup that uses machine learning to build what is essentially a very smart code-completion tool, today announced that it has raised a $17 million funding round….

Sapphire Ventures bets big on esports and entertainment with new $115M fund

Sapphire Ventures, formerly the corporate venture capital arm of SAP, has lassoed $115 million from new limited partners (LPs) to invest at the intersection of tech, sports, media and entertainment. A majority…

Contentsquare, the digital experience insights platform, raises $60M Series C

Contentsquare, the cloud-based software that helps businesses understand how and why users are interacting with their app, mobile and web sites, has raised $60 million in further funding. Leading the…