Trump endorses Tiktok's competitor Triller

August 18 2020

Triller just got its biggest coup yet: the Trump campaign has joined the platform. So far, @donaldjtrump has four videos and roughly 10,000 followers, but it's still a significant move.

When it seemed TikTok might really go away, Triller looked like the app that might step up. It jumped to the top of every app store, creators started registering accounts, and Triller proudly announced that after a 20x increase in weekly downloads, the app had been downloaded 250M times worldwide.

Triller is a video-based app that looks and feels a lot like TikTok but is dedicated to music and entertainment. It was created by Ryan Kavanaugh, a producer and the head of Proxima Media. Mike Lu is the CEO.

The app might be new to most people, but it has been part of the entertainment world for a while. Trump’s joining might just give it the push it needs to become mainstream. Perhaps unsurprisingly, more conservative accounts have been following Trump onto the platform over the last couple of days.

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Alternative Social Media Platforms

Swarm, developed by Foursquare, is a location-sharing social app that allows users to discover new locations while helping people connect with friends. Simply put, if you like sharing your location with friends and would like to make new friends, Swarm is for you. The app allows users to automatically check-in to locations and track their locations over time. Swarm is designed like a game and encourages users to explore the real world and meet up with friends. Some say it makes the social in social networking “real”.

Anchor is a new social media app that is a lot like Instagram and Twitter, allowing users to publish content to anyone who follows their feeds. However, it does not allow photos or text to be posted. Instead, it is a unique social platform for creating podcasts. You can record and post waves, which are two minute sound bites (and cannot be pre-recorded), which can be shared on Anchor or other social media platforms like Twitter. Other Anchor users, or Anchors as they are known, can then respond with their own waves.

Hootsuite is a social media management platform, created by Ryan Holmes in 2008. The system's user interface takes the form of a dashboard, and supports social network integrations for Twitter, Facebook, Instagram, LinkedIn, and YouTube.

TikTok is partnering with UnitedMasters, a music distribution company

The partnership will allow artists on the video-sharing platform to distribute their songs directly from the app to streaming services like Apple Music, Spotify, and YouTube. UnitedMasters also arranges music deals with brands like ESPN and the N.B.A
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Kushner Companies’ struggling Midtown retail condo is set to go to a Uniform Commercial Code foreclosure auction. [Read more].

Since last week, PrivCo has added:
4,300 Updated Companies | 197 M&A Deals | 196 Funding Activities

Funding & Deal Highlights:

Help Lightning, Inc., a provider of virtual expertise software that enables enterprises to accelerate the transformation of their field service and call center organizations to profit centers, announces that it has closed $8M in Series A funding led by Resolve Growth Partners. This financing will be used to scale the business and fuel enterprise virtual expertise innovations with the aim of improving field service organizations and call center first-time fix rates, extending workforce capacity, and improving customer satisfaction.

The Boston-based startup Root AI has already been getting a fair bit of press (including on these very pages) with the promise of produce-picking robotics. It announces a seed round of $7.2M, bringing the company’s total funding up to $9.5M, courtesy of Rob May of PJC, First Round Capital’s Josh Kopelman, along with Jason Calacanis and Austin McChord of Outsiders Fund.

Micronoma, a San Diego, CA-based early cancer-detection biotech that seeks to develop and commercialize a minimally invasive, microbiome-based method, closes a $3M seed financing round.

Omaze, a Los Angeles, CA-based online fundraising platform that offers once-in-a-lifetime experiences and prizes to support charities, closes a $30M Series B funding.

PayActiv, Inc., a San Jose, Calif.-based employer-sponsored earned wage access and holistic financial wellness platform, secures $100M in Series C funding.

Hiretual, the leading AI-powered recruitment software, announces it has raised $13M in Series B financing led by Oceanpine Capital, bringing its total funding to $23M. With over 100,000 recruiters using the platform, Hiretual says it will be scaling its industry-leading AI-powered talent data system to continuously transform talent acquisition.

California-based startup Mission Bio raises a new $70M Series C funding round, led by Novo Growth and including participation from Soleus Capital and existing investors Mayfield, Cota, and Agilent. Mission Bio will use the funding to scale its Tapestri Platform, which uses the company’s work in single-cell multi-omics technology to help optimize clinical trials for targeted, precision cancer therapies.

Ivanti, Inc., a Salt Lake City, Utah-based provider of enterprise-grade intelligent IT management and security software solutions, receives a strategic growth investment from TA Associates.

Manna Pro Products, a St. Louis-based manufacturer and marketer of pet care and nutrition, agrees to acquire Doggie Dailies, a family-owned and operated online pet brand that offers premium nutritional supplements and wellness products for dogs.

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