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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

The remaining $200 million came from new investors Macquarie Capital, Mori Building and Shell, as well as existing investors 83North, Broadscale Group, Ervington Investments, Hearst Ventures, Planven Ventures, Pitango and RiverPark Ventures. ” Layoffs in a time of COVID-19. Other deals: Qcraft.ai The company said T.

Layoffs 136
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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. The company’s No. Image Credits: Czinger Vehicles.

Startup 251
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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week. million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group and Coinbase Ventures. crash redux.

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Turtle Beach Restructures HyperSound, Seeks Buyer

socalTECH

San Diego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. As part of that restructuring, the company said that investment banker Piper Jaffray is contiuing "exploration of strategic options"for that business.

San Diego 100
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How will you ride the next wave?

Berkonomics

We use gestures or our voice to control our engagement with our technology. It won’t be long before another round of layoffs comes, and these new tools will create new jobs to fill the gap. The mobile web will become what desktop Internet became in the 1990’s – the standard platform for anyone doing business.

Mobile 156