Mobile Payment Startup MyCheck Raises $5M From Santander’s Innoventures Fund

MyCheck MyCheck, another startup that wants to make it easy to pay your restaurant bill using your mobile phone, has closed a $5 million Series B. However, perhaps more noteworthy is the company’s new backer: the Spanish bank Santander via its recently launched Santander Innoventures Fund. Read More

Tech Titans Blast New Anti-Gay Law In Indiana

pride It’s hard to believe, after how far the gay rights movement has come, that we’re still doing this. But here we are. Republican Indiana Gov. Mike Pence has signed into law a bill that allows private businesses to discriminate against gay and lesbian consumers, according to CNN. The “Restoration of Religious Freedom Act” is meant to allow businesses and corporations to… Read More

SEC Greenlights Equity Crowdfunding, So Anyone Can Invest In Startups

Screen Shot 2015-03-27 at 11.33.19 AM Earlier this week, the Securities and Exchange Commission (SEC) announced a new set of rules implementing Title IV of the JOBS Act. The release of these final rules further advances one of the core principles and goals of the 2012 law: to create an environment where emerging enterprises can raise public capital efficiently. Read More

Sources: Magic Is Raising $12M From Sequoia At A $40M Valuation

magic Magic, an SMS-based on-demand delivery service that started as a YC company’s weekend project, is raising $12 million in Series A funding led by Sequoia, according to sources. Sources also say that the company, which is just a month old, is valued at $40 million pre-money.
Magic lets users text a single number to get anything* delivered on demand. For an extra fee, of course. Read More

This Week On The TechCrunch Bitcoin Podcast: Poker, BitPay And Growth

imgo (1) Hello friends and welcome back to another episode of TCBTC, TechCrunch’s weekly podcast on all things bitcoin.
This episode we were joined by Sonny Singh of BitPay, one of the largest bitcoin companies around, to talk about the state of bitcoin itself, as well as the firm’s recent deal with Neteller. Read More

Instapaper 6.2 Introduces Speed Reading Option

instapaper Instapaper, the reader app owned by betaworks, has today launched an update to the app that brings a few new key features to the experience. With Instapaper 6.2, users will gain access to a feature called Speed Reader (video below), which highlights a single word at a time for a more focused and efficient reading experience. The update also brings with it faster saving of articles from mobile… Read More

Cover, The Mobile Payments App For Restaurants, Launches In Los Angeles

coverapp Cover, a mobile payments app that focuses specifically on the dining experience, has today announced the launch of the service in Los Angeles. Cover lets diners check-in to a restaurant and split the bill via mobile, offering an Uber-like dining experience. The app launched in New York back in October of 2013 and has since raised a total of $7 million in funding, according to Crunchbase.… Read More

Caliber Debuts A Messaging App Designed For Business Professionals

caliber-app A number of startups in years past have tried to carve out their own niche in the business networking space under the looming shadow of LinkedIn by offering an alternative way to connect with industry colleagues, often on mobile. But today, a new app called Caliber is offering a slightly different take on the concept: instead of trying to compete with LinkedIn directly, its service offers… Read More