Daily Crunch: Ring wants to upgrade your apartment’s intercom system
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Daily Crunch: Ring wants to upgrade your apartment’s intercom system
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Today, Haje is particularly psyched that he was able to talk the TechCrunch Plus team into letting him publish one of his Pitch Deck Teardowns without the paywall. If you’re not a TC+ subscriber, and you’re curious what a critique of a $65 million funding round at a $1.7 billion valuation looks like, it’s your lucky day. In addition to the freebie, it may be a particularly good time to subscribe, though, because we’re running a Labor Day sale on annual TC+ memberships.
We’re also going to Minneapolis soon, and we just published the agenda for the free TechCrunch virtual event that should totally have been called "All Eyez on Mi(nnesota)." With apologies to Tupac.
Happy rest-of-your-Thursday, and know that Friday is so close we can almost perceive the sweet stench of a long Labor Day weekend. Aaaaaah. — Christine and Haje
The TechCrunch Top 3
When the doorbell beckons: Ring has a shiny new feature called Ring Intercom, designed to pair with existing apartment intercom systems. Brian has more.
Valuation bump: Fintech fraud fighter Alloy is now worth $1.55 billion after banking $52 million in new funding, Mary Ann reports.
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Startups and VC
Reddit’s acquisition spree is continuing this morning with news that the company is bringing the audience contextualization company Spiketrap’s technology in-house. Deal terms were not disclosed, but Reddit says Spiketrap’s AI-powered contextual analysis and tools will help Reddit to improve in areas like ad quality scoring and will boost prediction models for powering auto-bidding, Sarah reports.
A few more, now with Moar Emoji!
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🍗 It’s a cutlet above and tastes most fowl: Apropos vegan chicken, Planted adds $72 million to its coop to put whole cuts of vegan chicken on Europe’s menu, Natasha L reports.
🎶 Text me on my cell phone: OneSignal sends a read receipt for $50 million worth of investment to automatically optimize SMS, in-app and email campaigns, Kyle reports.
🦠 Draughty by nature: The farming industry spends tons of money on artificial means of reinvigorating soil, but an all-natural solution may already exist. Puna Bio’s extremophile microbe may prove to be the key, and the company raised $3.7 million to figure out the rest, Devin reports.
🚫 We’re board already: As the end of COVID may be in sight, Connie reports that investors are losing their taste for board meetings in a big way.
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