After growing 500% in 12 months, Hevo Data raises $ 30 million Series B – TechCrunch

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Hiiii and welcome to Daily Crunch on December 17, 2021! Like Alexis noted in yesterday’s newsletter, I’m doing the daily recap today while he takes a well-deserved vacation / personal day. Alex is one of the hardest working and most efficient humans I’ve ever met, so I like to think that a day’s vacation for him sort of equates to five days’s vacation for anyone from other.

Let’s dive right in,


The Top 3 TechCrunch

  • The USB “Stop Cable”: Do you know the lever you need to hold down to keep a lawn mower running? Imagine that, but it’s a magnetic USB cable for your laptop. Pull on the cable and your laptop will automatically lock or erase. Zack Whittaker takes a look at the project, which was designed to help journalists and activists protect their files from physical attack.
  • The New Spyware for Rent: Just as Apple Goes to Sue the Group Behind a Spyware for Rent, It Becomes Clear Less About ‘Killing the Dragon’ and More About ‘Fighting the Hydra “. Meta / Facebook announced this week that they are banning not one, not two, but Seven groups to reach out to their social networks after detecting that the groups had targeted up to 50,000 people. Citizen Labs reports that one of these banned companies, Cytrox, has attempted to trick targets into unintentionally infecting their phones with its “Predator” spyware, which gives its operator full control over the microphone, camera and more. again.
  • TikTok now has a Discord: have you ever wished you could talk about TikTok with other TikTokers without actually being on TikTok? Good news! For some reason, TikTok launched a Discord. As Amanda Silberling says, “If the fast food chain Wendy’s can have a Discord with over 60,000 members, why not a viral platform like TikTok?

Some questions about the Reddit IPO

Image credits: Nigel sussman (Opens in a new window)

Founded 16 years ago, Reddit has raised $ 1.3 billion, taking the company to a valuation of $ 10 billion. This week, the user-generated community revealed that it had filed a confidential dossier to be made public.

“You know what that means,” wrote Alex Wilhelm. “It’s time to ask questions.

As he waits for Reddit’s S-1 with a sharp scalpel, Alex shared his first questions about the social hub’s operations, specifically:

“We’re curious about the costs of content moderation, product expansion, the makeup of the company’s revenue, how often governments get involved in the repository, and what the unicorn has to say about crypto. “

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