Adobe turns it up to 11, surpassing $11B in revenue

Yesterday, Adobe submitted its quarterly earnings report and the results were quite good. The company generated a tad under $3 billion for the quarter at $2.99 billion, and reported that revenue exceeded $11 billion for FY 2019, its highest ever mark. “Fiscal 2019 was a phenomenal year for Adobe as we exceeded $11 billion in […] Continue reading Adobe turns it up to 11, surpassing $11B in revenue

Ohi raises $2.75M to power same-day delivery for brands that aren’t Amazon

The world has gotten so much faster. Amazon has made two-day shipping the standard and same- or next-day shipping commonplace. And that doesn’t even include the collection of on-demand players who can get us everything from groceries to alcohol to services like concierge storage and in-home cleaning with the press of a button. But the […] Continue reading Ohi raises $2.75M to power same-day delivery for brands that aren’t Amazon

Loop Returns picks up $10 million in Series A led by FirstMark Capital

Loop Returns, the startup that helps brands handle returns from online purchases, has today announced the close of a $10 million Series A funding round led by FirstMark Capital. Lerer Hippeau and Ridge Ventures also participated in the round. Loop started when Jonathan Poma, a cofounder and COO and President, was working at an agency […] Continue reading Loop Returns picks up $10 million in Series A led by FirstMark Capital

WeFarm rakes in $13M to grow its marketplace and network for independent farmers

Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many people as possible. But alongside their growth, we’re seeing a lasting role for […] Continue reading WeFarm rakes in $13M to grow its marketplace and network for independent farmers

Salesforce adds integrated order management system to its arsenal

Salesforce certainly has a lot of tools crossing the sales, service and marketing categories, but until today when it announced Lightning Order Management, it lacked an integration layer that allowed companies to work across these systems to manage orders in a seamless way. “This is a new product built from the ground up on the […] Continue reading Salesforce adds integrated order management system to its arsenal

Case Files: The dynamic duo Andrew and Allen exploit Nordstrom with their FatWallet

Fast forward 2012, from my last post that enacted Citibank’s exploit from 1999.

The actors in this story are Andrew and Allen Chiu and their plot to defraud Nordstorm via a channel partner FatWallet.com.
FatWallet Inc. used to be a membersh… Continue reading Case Files: The dynamic duo Andrew and Allen exploit Nordstrom with their FatWallet

Payments giant Stripe debuts a credit card in its latest step into the financing fray

Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be launching a credit card. Now, that news is official. Today, the company is doubling down on financing with the launch […] Continue reading Payments giant Stripe debuts a credit card in its latest step into the financing fray

Payments giant Stripe debuts a credit card in its latest step into the financing fray

Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be launching a credit card. Now, that news is official. Today, the company is doubling down on financing with the launch […] Continue reading Payments giant Stripe debuts a credit card in its latest step into the financing fray

Sweden’s Hedvig raises $10.4M led by Obvious Ventures to build “nice insurance”

Hedvig, a Swedish startup, is following in the footsteps of Lemonade building a new generation of insurance platforms that use AI to help evaluate customers and operate on a policy of using surplus for social good, and today the company announced the next stage of its growth. The startup has closed a SEK100 million ($10.4 […] Continue reading Sweden’s Hedvig raises $10.4M led by Obvious Ventures to build “nice insurance”