Survey of portfolio companies: 40% of founders say remote or decentralized is best for a new company, most companies with offices will have 2 or 3-day workweeks (Kim-Mai Cutler/Initialized) admin January 21, 2021 Daily Updates
Imperfect Foods, a service that distributes groceries that would otherwise go to waste, raises $95M Series D, with a source valuing it at $700M+ (Bloomberg) admin January 21, 2021 Daily Updates
Bluesky, Twitter’s decentralized social networking project, releases a review of the existing decentralized web ecosystem, says it still seeks a project lead (Adi Robertson/The Verge) admin January 21, 2021 Daily Updates
IBM reports Q4 revenue of $20.37B, down 6% YoY, vs $20.67B est., Cloud and Cognitive Software revenue, which includes Red Hat, was $6.84B, down 5% YoY (Jordan Novet/CNBC) admin January 21, 2021 Daily Updates
Omnipresent, which helps companies hire remote workers in 150 countries, raises $15.8M Series A, five months after raising a $2M seed round (Mike Butcher/TechCrunch) admin January 21, 2021 Daily Updates
Intel beats with Q4 revenue of $20B, down 1% YoY, vs $17.49B est., and Data Center Group revenue of $6.1B, down 16% YoY; stock up 6%+ after hours (Kif Leswing/CNBC) admin January 21, 2021 Daily Updates
Soci, which offers tools to help businesses with “localized marketing” across search and social media, raises $80M Series D, bringing its total raised to $110M (Anthony Ha/TechCrunch) admin January 21, 2021 Daily Updates
Profile of Jessica Rosenworcel, the second woman to lead the FCC as acting chair and a big proponent of net neutrality and expanding broadband access (April Glaser/NBC News) admin January 21, 2021 Daily Updates
Podcasters say Anchor's sponsorship feature seems to be seriously lacking in sponsors, and they've received few, if any, ads beyond Anchor or Spotify itself (Ashley Carman/The Verge) admin January 21, 2021 Daily Updates
Singapore-based iSTOX, a digital securities service that lets users make private equity investments as small as $75.50, raises $50M Series A (Catherine Shu/TechCrunch) admin January 21, 2021 Daily Updates