Grocery delivery giant Instacart raises $220M at a rumored $2B valuation

Instacart, the grocery delivery startup backed by Andreessen Horowitz, has reportedly raised a massive $220 million funding round.

The round, according to Recode, may value the company at a jaw-dropping $2 billion. Reached by VentureBeat, Instacart declined to comment on the rumored valuation. The company did, however, confirm a raise of at least $210 million in a public filing with the SEC today.

This round will bolster Instacart’s war chest as it faces growing competition from heavyweights like Google and Amazon, as well as from startups like Postmates and Wunwun.

A BATHING APE Ladies Spring/Summer 2015 Lookbook

Life360 partners with Ford to head off texting while driving

If you’re attending CES next week (or plan on reading all the coverage the throngs of reporters will be churning out), family-centered, location-oriented social network Life360 will be showing off its upcoming integration with Ford SYNC AppLink. The new feature, called Drive Mode, will be available for Android phones sometime in 2015’s second quarter, with an iOS version following later in the year.

Drive Mode is fairly simple and easy to use. When the driver gets in their car, the Life360 app immediately pairs with Ford SYNC through Bluetooth and pulls up the app on the phone and on the car’s dashboard. Drive Mode will then send a notification to the driver’s family members letting them know their loved one is now driving and shouldn’t be texting them, as well as notifying when they’ve stopped.

Life360 Drive Mode

“It sounds like a dull feature, but it’s a really helpful feature,” Life360 founder and chief executive Chris Hulls said in an interview with VentureBeat, underscoring how unsafe driving and texting can be.

It also lets family members track the car on a map via the Life360 app — which has a bit of a creep factor, especially for teens with overbearing parents, but nevertheless is a useful feature.

Life360, which launched in 2008, now has more than 48 million families using its app, the company told VentureBeat. Hulls hopes the 10 million Ford SYNC-enabled cars will be a good place to start hacking at the texting-on-the-road problem, which is really the core of the Drive Mode feature.

Life360 has been integrating with other connected devices and products recently, including Nest and BMW. The BMW integration, however, only enables drivers to set their navigation system to take them to a family member’s location and doesn’t include the new Drive Mode feature.

Life360 was founded in 2008 and is based in San Francisco, Calif. The company has raised $76.1 million in funding to date.

Nike Air Max 1 Ultra Moire Black/White

Picture of Nike Air Max 1 Ultra Moire Black/White

Ameriie (@ItsAmeriie) – Mustang


Ameriie returns to the music scene with the release of her latest track called Mustang.

Macklemore (@macklemore) on Ebro In The Morning

Macklemore made his way to Hot97 to make an appearance on Ebro In The Morning to sit down with Ebro and Peter Rosenberg. Macklemore talked about stepping away from the music, racial issues in America, the police brutality, white rappers, Kendrick Lamar, Iggy Azalea, and YG not being nominated for an Grammy of his album.

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