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SGNL snags $30M for a new take on ID security based on zero-standing privileges

​[[{“value”:” Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services where network assets and apps can range far and wide, the biggest vulnerabilities are often leaked and spoofed log-in credentials.  A startup called SGNL has built a new approach that it believes is better at […] © 2024 TechCrunch….

SpotDraft taps AI to help streamline contract management

​[[{“value”:” More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has shown an interest, as well, with one survey suggesting that […] © 2024 TechCrunch….

AI-driven manufacturing database Keychain raises $5M for European push

​[[{“value”:” Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing […] © 2024 TechCrunch….

Lanch bags $27M for a social media-skewed take on fast food

​[[{“value”:” E-commerce startups built around food continue to gobble up funding as investors look for sticky consumer concepts that can scale without breaking the bank. On Wednesday, Germany’s Lanch — which taps social media and influencers to develop popular food brands alongside retail networks for distributing them — closed funding of €26 million ($27 million) to […] © 2024 TechCrunch….

EU abandons ePrivacy reform, as bloc shifts focus to competitiveness and fostering data access for AI

​[[{“value”:” A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover for breaches — has been withdrawn by the Commission after co-legislators failed to reach agreement […] © 2024 TechCrunch….

No-code app builder Softr expands beyond Airtable databases

​[[{“value”:” If you’re working for a small company and want to build a client portal or an internal tool, it can be difficult to find the budget and resources to allocate a developer to that small project. That’s why more than 600,000 people, including project managers, HR employees and marketing people, have been trying Softr’s no-code […] © 2024 TechCrunch….

A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K

​[[{“value”:” As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty brakes, resulting in a four-day hospital stay for both her parents. Following the accident, Zhang […] © 2024 TechCrunch….