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Powering The Facebook Card, Marqeta Raises $14M From Greylock Israel To Recreate The Starbucks Loyalty Card For Merchants

Marqeta, the startup that helps businesses nationwide attain the Starbucks loyalty Card “pay-in-advance for your coffee” model, is announcing $14 million in new funding from Greylock IL (an affiliate fund of Greylock Partners), Granite Ventures, new investor Commerce Ventures, and a number of leading new angel and unnamed strategic investors.

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Found 2 days ago on channel TechCrunch

P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others

Here's some encouraging news for the European startup scene, and London in particular. TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that it's closed a $6 million series A round led by Peter Thiel's Valar Ventures -- the first investment in Europe by the PayPal co-founder and early Facebook investor's international fund.

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Found 4 days ago on channel TechCrunch

Another Facebook Home Staffer Flies The Coop; Android Head Of Product Bubba Murarka Joins DFJ As General Partner

After losing mobile product head and Facebook Home team member Charles Jolley to Battery Ventures, Facebook is facing another departure from a previous Home staffer. Draper Fisher Jurvetson announced today that Facebook's head of product for Android, Bubba Murarka, has joined the firm as General Partner and Managing Director.

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Found 1 week ago on channel TechCrunch

TechCrunch Disrupt NY 2013 Begins Now: View The Live Stream Here!

The Hackathon has come and gone, and it’s time for the main event. TechCrunch Disrupt NY 2013 begins now. If you’ve been a fan of Disrupt in the past, you’re in for a huge treat this beautiful April morning. We’ll be live streaming the entire event from start to finish, with today’s live stream starting at 8:45am ET and ending around 6pm each night. In the morning, we’ll be enjoying fireside chats with the likes of Andreesen Horowitz’s Chris Dixon and Benchmark’s Bill Gurley, along with panels like Content Makes A Comeback. Better yet, Jonah Perreti from BuzzFeed will be giving the keynote for the day. In the afternoon, Battlefield begins. For those of you who are Disrupt virgins, the Startup Battlefield is the shining star of TechCrunch Disrupt. 35 companies from all over the world are handpicked by TechCrunch staff to launch their products and companies on our stage, direct to the world. They’ll have six minutes to present, followed by six minutes of Q&A with tech star ...

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Found 2 weeks ago on channel TechCrunch

Facebook And The Sudden Wake Up About The API Economy

What a two weeks it’s been. Something happened that has been simmering for a while. The API market exploded. Intel bought Mashery for more than $180 million and CA acquired Layer 7. 3Scale received a new $4.5 million round of funding from Javelin Ventures. Programmable Web acquired Mulesoft. And then Facebook jumped in and bought Parse. The acquisitions and funding point to a maturing market that is reflected in the ubiquity of APIs across the application landscape. It’s not a new market by any means. The space is filled with companies that have leveraged the API build out that has happened over the past several years. Instead this is an inflection point. There are more than 30,000 APIs, according to Programmable Web, the leading API directory and blog. Javelin Ventures Managing Director Noah Doyle said to me in an interview that analysts see the API market growing five to ten times over the next five years. With that scaling in number of APIs comes a virtuous circle for the developers ...

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Found 2 weeks ago on channel TechCrunch