Posted on

Mmhmm raises $100M, which is a fun thing to say to people who don’t follow tech

If you’re a frequent TechCrunch reader, you probably already know about mmhmm, the startup with the name you likely either love or hate. It’s Phil Libin’s second act after Evernote, and it’s a startup born of the pandemic maybe more so than any other, providing improved video chat tools, including automatic background removal and advanced presentation features. The company, which is just over a year old, has now raised a total of around $140 million thanks to a fresh injection of $100 million first reported by Bloomberg on Tuesday, which is somewhat astounding if you remember using the …

Read More

Posted on

Struum launches its ‘ClassPass for streaming’ service to the public

Struum, the new streaming service from former Disney and Discovery execs, is today officially launching to the public. Unlike traditional on-demand streamers, such as Netflix, the Struum model is more akin to a “ClassPass for streaming,” as its plan is to aggregate content from smaller video services then provide access under its own subscription.
Today, the streaming landscape is dominated by larger subscription services, including Netflix, Hulu, Amazon Prime Video, Apple TV+, HBO Max, Disney+, and YouTube, who together have a 75% share of the market, according to Nielsen. But Struum believes there’s a potential for another service powered by …

Read More