Crunchbase News

Crunchbase News is a digital publication covering the intersection of technology and money. It is an independent group which operates as part of the Crunchbase family. (Crunchbase is a public database of private companies that also sells data access and business intelligence tools.)  

Chief Raises $15M To Expand Network For Women Leaders

Chief, the private network for women leaders, has raised $15 million in a new round of funding to expand into new cities. Chief offers peer group experiences, an online platform, and event programming meant to connect and support women leaders. The company is backed by investors including General Catalyst, GGV Capital and Primary Venture Partners, and has raised $40 million to date. “Our goal has always been creating a network that has the most powerful women that can really affect change from...

Trials And Tribulations: Turning Clinical Trials Virtual During COVID-19

Executing clinical trials takes, among many things, willing participants and a patience for sticking with what could be years of data collection. COVID-19, however, threw a wrench in the traditional method of clinical trials, in which participants usually travel to a clinical site for an in-person evaluation. This is causing principal investigators and research staff to find other ways to keep participants connected with studies. Some startups, including Medable and Unlearn.AI, are working to...

Telemedicine Is Becoming More Popular

Perhaps one of the biggest shifts during the COVID-19 pandemic is the number of patients turning to technology to communicate with their doctors. But the increasing popularity of telemedicine is helping at least one other kind of business: prescription delivery startups. Since the COVID-19 pandemic took hold, some prescription delivery startups are seeing a surge in demand from new users turning to the convenience of delivery. For Mountain View, California-based startup NowRx, the company is...

Facebook Buys Giphy For A Reported $400M

Facebook is acquiring GIF search engine Giphy, the company said in a statement Friday. The deal was first reported by Axios, which said the price was around $400 million. Giphy will be part of the Instagram team. “We’ve used Giphy’s API for years, not just in Instagram, but in the Facebook app, Messenger and WhatsApp,” Facebook said in a statement. “Giphy will continue to operate its library (including its global content collection), and we’re looking forward to investing further in its...

The Next Great AI Company?

Within all industries, companies are under pressure to deliver goods efficiently, fast and reliably, and especially amid the COVID-19 pandemic, in a way that keeps workers safe. At the AI Company Covariant, Co-founder and CEO Peter Chen said automation is the key to meeting that challenge. The Berkeley, California-based artificial intelligence robotics company is building universal artificial intelligence that enables robots to see, reason and act autonomously in the real world. To advance...

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