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Technology
Amino has raised a big Series C round of funding — $45 million from GV, Venrock, Union Square Ventures, Goodwater Capital and Time Warner Investments, with Hearst Ventures joining as a new investor.
Co-founder and CEO Ben Anderson has described Amino as an way to help people who have &passionate niche interests& find others who feel the same way, via smartphone apps.
The company started out with apps focused a handful of topics like K-pop, anime and Doctor Who, but it later added the ability for anyone to launch a new community in the main Amino app, and there are now more than 2.5 million communities.
Of course, some of these communities are more active than others, and theresome overlap between them — but Max Sebela, whogeneral manager for AminoEnglish-language apps, said thereless than you might think, because &each interest is actually a universe of micro interest.& For example, there might be one community focused on sharing strategy and tactics around the video game Overwatch, while another might revolve around sharing Overwatch fan art.
Ultimately, Sebela said itup to the founders and leaders of each community to decide what the community wants to focus on, and which product features they want to use to enable that. Meanwhile, Anderson said Amino is constantly tweaking its algorithms to make sure itsurfacing the best communities for each user.
&Instead of one big, blue ocean, we provide a million lakes and help you find the exact right one,& he added.
Perhaps even more impressive than the number of communities is the amount of time the average user spends in Amino — more than 70 minutes per day.
One of the initial inspirations for the startup was a real-world anime convention, and Amino getting closer to that experience with the addition of features like live voice and video chat, as well as the screening room, where you can watch videos with other users.
During our conversation, Sebela opened up one of the K-Pop communities on his phone and was quickly able to listen in on a chat room where multiple users were singing along together. (Sadly, we didn&t join the singing.)
&The technology not super unique,& Anderson acknowledged. &What makes it really special is, I can voice chat with my friends on a lot of idfferent networks, but here I can hop in and join a voice chat with 10 Harry Potter fans who I may not know in my real life.&
While these features are already live, Anderson said they&ve been &downplayed& while Amino tests them out and works out the kinks. Now itready to put them &front-and-center& in the app.
Amino has now raised more than $70 million in total funding.
Italso been testing out ways to make money, which Anderson said will occur primarily through a subscription service — though apparently ittoo early for him to offer more details.
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Read more: Amino raises $45M for to bring fan communities to smartphones
Write comment (95 Comments)First previewed during WWDC, Apple has just given us another peek at the iBooks revamp (a version of which has been floating around for some time now). Apple Books is launching on iOS during the fall. The &biggest books redesign ever& features a newer, cleaner UI, with a larger focus on cover art than its predecessor.
Also new here is the inclusion of an editorial section. Thatsimilar to what the companybeen doing with services like Apple News and the App Store, bringing human writers in to editorially curate book picks. Audiobooks are being served up more prominently here, as well, with the addition of a devoted tab.
The new Reading Now tab, meanwhile, is pretty much what it sounds like, offering up a place to jump back into titles users are currently reading/listening to. It also houses a Want to Read wishlist and curated recommendations, based on your reading habits. The bottom is rounded out with Book Store and Library tags.
The new version presents a conscious uncoupling from iTunes, from which various multimedia offerings have been spun off over the past several years as standalones. It also represents a clear stab the Kindle. Amazonoffering has long been the leader in digital books, and its 2008 Audible acquisition has helped make audiobooks a much more prominent part of the equation.
The new version of the app is arriving in the fall, with Book Store content available in 51 countries. The macOS version of the app is also being renamed Apple Books, for the sake of consistency.
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Read more: Apple previews the Apple Books app replacing iBooks on iOS this fall
Write comment (94 Comments)In November, Google Home gained the ability to multitask with added support for a feature called &multiple queries,& which allows you to combine two requests into one voice command. For example, &OK Google, turn up the volume and play music.& Now, Google Home is getting even smarter about multitasking by enabling support three requests at once.
The new feature was announced on Google@madebyGoogle Twitter account on Monday, where users quickly discovered its limitations. Unfortunately for Googleglobal customer base, multiple queries is only available in the English language for the time being, in the U.S., U.K., Canada and Australia.
The feature works by combining voice queries with the word &and& in between them, to separate the different requests. Each command must also be the sort of thing Google Assistant can respond to on its own without further input or clarification.
That means you can&t ask it to just &set an alarm,& you&d have to say &set an alarm for 7 AM& so it doesn&t need to ask a follow-up question.
Multiple queries was first rolled out in November 2017, also with little fanfare.
But itnot the only way Google Home can multitask. In February, Google Assistant gained support for Routines, as well, which allow you to create custom workflows kicked off with a single voice command.
For instance, your &I&m home& routine could turn on the lights, adjust the thermostat and play some music. (Alexa also offers routines, as of last October.)
Meanwhile, at GoogleI/O developer conference in May, the company formally announced multiple queries for Google Home (then referred to as &Multiple Actions&), along with a host of other upgrades for Google Home Actions. This included Routine Suggestions, which allow voice app developers to prompt users to add their appAction to a Routine, plus Action Notifications, which allows voice apps to alert users to new features and content, and more.
Google is not providing an ETA on when multiple queries will roll out to non-English users, saying only that:&We look forward to supporting additional languages, but have nothing to announce at this time.&
h/t: Voicebot
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Read more: Google Home can now handle three queries at once
Write comment (98 Comments)This is it, the absolute last chance for the professional-grade procrastinators out there. Itdo-or-die time. If you&re an early-stage founder who dreams of launching your business to the world, you have 24 hours left to stop dreaming and take action. Get your keister in gear and apply to Startup Battlefield right now.
Startup Battlefield, the premier startup-pitch competition and the best platform for launching your company to the world, takes place at Disrupt San Francisco 2018 onSeptember 5-7. This year we&re producing our biggest, boldest, most ambitious Disrupt ever, with three times the floor space, more than 10,000 attendees and more than 400 accredited media outlets.
Yeah, thata big deal, and we&ve doubled the Startup Battlefield prize to match this super-sized event: $100,000 (we&re talking equity-free cash, folks). Don&t pass up this opportunity to compete with the very best. Yes, ita competitive vetting process. TechCrunch editors will review all applications and select between 15-30 of the top early-stage startups. Our acceptance rate ranges from three to six percent. But hey, if you&ve got the stuff, it won&t matter. We&ll see it.
It won&t cost you a thing to compete or to participate, and every team gets free pitch coaching from our Startup Battlefield-tested TechCrunch editors. Each team gets six minutes on the Disrupt Main Stage to pitch their company to a panel of judges — consisting of well-known investors, entrepreneurs and technologists — and then answer any questions they may ask. The judges will choose five teams to enter a second and final round of pitching to a fresh team of judges.
That panel of judges determines the overall winner, who will claim the largest Startup Battlefield prize in TechCrunch history — along with the Disrupt Cup, bragging rights and an enormous amount of investor and media interest.
Every moment of Startup Battlefield takes place in front of a live audience numbering in the thousands, and italso live-streamed around the world (and available later on demand) on TechCrunch.com, YouTube, Facebook and Twitter. Every competing team receives an inordinate amount of exposure.
You&ll get even more exposure exhibiting in Startup Alley — our exhibition hall will showcase more than 1,200 early-stage startups — for all three days of the conference. Itfree for Startup Battlefield competitors, and ita huge networking opportunity.
And, of course, you can take advantage of Disruptthree content-packed days of exciting and inspiring tech programming, world-class speakers, Q-A Sessions, the Virtual Hackathon and world-class founder-to-investor networking made easy with the CrunchMatch platform.
So much potential. So many benefits. So little time left to apply. Disrupt San Francisco 2018takes place onSeptember 5-7 at Moscone Center West. You have just 24 hours left.Apply to Startup Battlefield right here.
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Read more: 24 hours left to apply for Startup Battlefield at Disrupt SF ’18
Write comment (91 Comments)Instagram shoppable tags are about to pop up in Stories. The company started testing the feature back in 2016 with a limited set of 20 partners. Since then itbeen a hit, expanding broadly to regular brand posts in the feed. Starting today, hitting a little shopping bag sticker in a Story will lead you to more details on the cute and/or dope thing that caught your eye and how to score it.
Ita simple addition, but given the success of Stories ita potent one for brands that drive sales on the platform.
&With 300M using Instagram Stories everyday, people are increasingly finding new products from brands they love,& Instagram said in a press release.
&In a recent survey, Instagrammers said they often watch stories to stay in the-know with brands they&re interested in, get an insider view of products they like, and find out about new products that are relevant to them.&
As a longtime daily Instagram user, I used to be skeptical that people really engaged with brands like this and not just their friends or dogs they know. Now, after seeing my fiancéeconsiderable #engagement around makeup brands running wildly popular accounts, Stories and all, I get it. Well, I don&t get it, but I get that some people get it and that the often vast and expertly crafted brand Stories are a logical evolution for a platform trying to get more users buying more stuff in the product categories that call to them.
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Read more: Instagram adds shopping tags directly into Stories
Write comment (90 Comments)Primary Venture Partners, a seed firm that invests exclusively in New York City startups, has raised a second fund of $100 million.
That focus is unusual — even Lerer Hippeau, a firm thatclosely associated with New York, makes some investments outside the region.
PrimaryBen Sun (pictured above with his co-founder Brad Svrluga) said hebetting, in part, on the New York workforce, particularly &the talent that came into the tech ecosystem post-financial crisis& — a shift that gave the city more talented entrepreneurs, plus a talent pool that they could draw from to build their companies.
After all, Sun noted that employment in New Yorktech sector grew by 57 percent between 2010 and 2016.
He also said that Primary (formerly known as High Peaks Venture Partners) offers more support and services than many seed firms — for example, Cat Hernandez, Primarypartner focused on &human capital,& has been directly involved in hiring nearly 200 employees at the firmportfolio companies. Primary is able to offer that level of support with a team of 13 people, Sun said, by leveraging local connections and expertise.
The investment team has also grown, with the addition of Steve Schlafman as venture partner last month — Sun described him as &a super highly networked guy who has a really good nose for talent.& (When we talked to Schlafman prior to todayannouncement, he managed to dodge a question about the firmfundraising.)
&With a singular focus on this market, we were able to build an operating and portfolio impact model that provides concentrated, on-site support to our portfolio companies in a way that wouldn&t be possible across geographies,& Svrluga said in an emailed statement. &Raising this second fund not only gives us the capital to continue to be a high-conviction seed round leader, but to continue to expand our Portfolio Impact team so that we can be an even better partner to our founders on their journey from Seed to Series A.&
Primaryapproach has resulted in some big successes already, like Jet.com (acquired by Walmart for $3.3 billion) and Coupang (valued at $5 billion). Even beyond the most attention-grabbing deals, Sun pointed to the fact that of the 15 companies in the Primary portfolio that have tried to raise Series A rounds, 13 of them have succeeded.
As part of this announcement, VCs that Primary has worked with in the past also offered their praise, with Spark CapitalKevin Thau describing the firm as a team that &knows the New York Seed market better than anyone,& and Kleiner Perkins Caufield - Byers& Eric Feng saying it&one of the top partners to startups in the city, providing true value guiding their portfolio companies from seed to Series A.&
While the firm raised significantly more this time around (Primaryfirst fund was $60 million), Sun said it will remain focused on seed deals — with the occasional incubated startup, likedog food company Ollie. It will, however, be able to write slightly larger checks, say in the $1.5 million to $2 million range, with additional funding reserved for follow-on rounds.
&What we&re going to do with this $100 million is follow the same strategy,& Sun said.
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Read more: Primary Venture Partners raises $100M to invest in NYC startups
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