Hackers have hacked encrypted password vaults of LastPass customers, parent company • TechCrunch admits

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What’s up, Crunchers? Nice to see you again! We are glad to have you with us. It was a really busy day on the site today, and Pilgrim was busy grieving Tesla For not registering the car accident he had today. (He’s fine. Or at least, as fine as he was before the car accident.) – Christine And Pilgrim

Top Techcrunch 3

  • Obviously, the hacker’s LastPass wasn’t really his last: two months after LastPass I was breachedNow, we learn more about what the hackers got. Carly He writes that the company’s owner, GoTo, says hackers stole customers’ encrypted backups.
  • If you love the outdoorsStrava, the activity tracking platform and social community, has acquired Fatmap, a 3D mapping platform for the great outdoors, to make that next hike a cinch. pee reports.
  • What’s up with WhatApp: Ivan Follows a developing story about the launch of the original macOS client WhatsApp in public beta. He wrote that “Until now, Mac users had to rely on WhatsApp Web or the web-based WhatsApp client. Neither are ideal in terms of performance or getting a full-featured experience.”

Startups and VC

It’s a tough time being a richly priced company that didn’t go public when it was getting pretty good. Not only are there fewer late-stage players with the resources and willingness to back such companies (for example, SoftBank and Tiger Global have pulled out massively), but secondary investors have also lost interest. At least this CosmicRead on for a new report, in her excellent article Vulture investors are abandoning old pre-IPO companies.

Cosmic As I mentioned it Cowboy Ventures has closed two new funds totaling $260 million in capital commitments. The group has secured commitments of $140 million for its fourth flagship fund and another $120 million for its first opportunity-type fund (the “Mustang Fund”).

And we have five for you:

A venture capital perspective on deep tech fundraising in the first quarter of 2023

Technology tunnel

Image credits: Shi Huo (opens in a new window) / Getty Images

Successful deep tech startups and SaaS companies generally reach multi-billion dollar valuations in the same time frame.

“It took a medium-sized deep tech startup $115 million and 5.2 years to become a unicorn,” says Karthi Madasamy, managing partner at MFV Partners.

New companies in the sector raised about $600 million last year, a sharp drop from $800 million in 2021. But Madasami says recent climate, automation and space regulations are just a few of the factors keeping investors interested during this downturn.

“As it becomes increasingly difficult to make significant exits in the years ahead, the techniques in deep tech that are transforming entire industries provide some of the only paths to ‘10x exits.

Three more from the TC+ team:

Techcrunch + It is our membership program that helps founders and startup teams get ahead of the pack. You can register here. Use the code “DC” to get 15% off an annual subscription!

BigTech Inc.

Selling or renting a house comes with all kinds of fun, including having to vacate the house at a moment’s notice, and having strangers wandering around your house. If there can be a rainbow in the middle of a rainstorm, Zillow wants to make it easy to book a home rental tour. Enter your own Friendly instant booking feature It can be used without having to contact anyone. Ivan He writes that the feature is already available for thousands of properties and will eventually include the ability to choose between a virtual, in-person, or self-guided tour.

Now here are five more:

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