CaaStle, the embattled fashion startup whose board of directors accused its founder, Christine Hunsicke, of financial misconduct, is starting to face lawsuits from a partner and a supplier over missed payments and more allegations of fraud. As first reported by Axios and by suits seen by TechCrunch, CaaStle is being sued by P180, a vehicle […]
Software Development in Sri Lanka
In Silicon Valley, where the same high-wattage names tend to dominate the headlines, Ali Partovi has long wielded outsized influence despite limited name recognition. The Iranian-born Harvard graduate built an impressive resume early on — joining the founding team of LinkExchange (acquired by Microsoft in 1998 for $265 million), co-founding iLike (sold to MySpace for […]
Software Development in Sri Lanka
Not so long ago, the idea of public tech companies emerging from Latin America seemed far-fetched, and Mercado Libre once appeared as rare and mythical as a true unicorn. Today, however, the region is home to several startups that have reached billion-dollar valuations. Some of these startups, propelled into the spotlight by cross-border expansion, are […]
Software Development in Sri Lanka
Move over, PayPal mafia: There’s a new tech mafia in Silicon Valley. As the startup behind ChatGPT, OpenAI is arguably the biggest AI player in town. Its meteoric rise to a $300 billion valuation has spurred many employees to leave the AI giant to create startups of their own. The hype around OpenAI is so […]
Software Development in Sri Lanka
Aura, a digital photo frames company founded by early Twitter employees, is introducing its latest model, Aspen, which adds new technology to the device and its accompanying mobile app. In addition to hosting your digital photos in its 12-inch HD display, the device now also allows you to add captions to your photos when they […]
Software Development in Sri Lanka
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week confirmed that deals can still happen in a troubled world, but price considerations and adjustments are now part of the picture. Most interesting startup stories […]
Software Development in Sri Lanka
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare? […]
Software Development in Sri Lanka
After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the […]
Software Development in Sri Lanka
Alpaca said on Wednesday it has raised a $52M Series C round to expand into more foreign markets, including the Middle East, Europe and Asia.
Software Development in Sri Lanka
Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other […]
Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
