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Consumer Drone King DJI Raises $75M To Build lndustrial UAV Developer Platform
May 06, 12:30PM
How will DJI keep its drone hardware business from being commoditized by cheap knockoffs? By fostering a drone operation software developer ecosystem with a new $75 million growth equity investment from Accel Partners. DJI may build variations of its drones for agriculture, oil & gas, mining, and other commercial tasks. But to make sure its drones can handle a much wider variety of use… Read More
Cybereason Raises $25M Because Corporate Security Is Broken
May 06, 12:07PM
As data breaches expose millions of U.S. health records and cyber attacks threaten to cause an accidental nuclear war, security tech is more relevant than ever. Cybereason, an Israeli startup that provides real-time cyber attack detection and response tech for the enterprise, is the latest company to tap into the heightened fear around security breaches. They’ve just closed $25… Read More
Encrypted Chat App Wickr Creates New Non-Profit Arm, Nico Sell Steps Down As CEO To Lead It
May 06, 12:05PM
Some big changes ahead for Wickr, a messaging app that emerged in the wake of the NSA private data leaks to offer consumers an encrypted, more secure alternative to mainstream services like Facebook. As of today, the company is splitting its operations in two: a for-profit division that will continue to develop Wickr as a business, selling its products to enterprises and as a white… Read More
Work Management Platform Wrike Raises $15M Series B Round
May 06, 12:00PM
Work management and collaboration platform Wrike today announced that it has raised a $15 million Series B round led by Scale Venture Partners with participation from DCM Ventures and previous investor Bain Capital Ventures. As the company also disclosed today, its enterprise revenue is currently growing 20 percent month-over-month and the company is adding $1.5 million in new annualized… Read More
Oculus Rift Consumer VR System Pre-Orders Start Later This Year, Ships Q1 2016
May 06, 11:45AM
Oculus is ready to sell virtual reality to the public, almost 3 years after it Kickstarted its first developer kit. Today Oculus announced that “the Oculus Rift will be shipping to consumers in Q1 2016, with pre-orders later this year.” The new version will support but seated and standing VR experiences. The vaguely worded announcement (below) from the Facebook-owned… Read More
Zenefits Just Raised $500 Million At A $4.5 Billion Valuation
May 06, 10:00AM
Zenefits today said it has raised $500 million in a round led by Fidelity and TPG at a whopping $4.5 billion valuation. The company, which allows small- and medium-sized businesses to manage human resources services in a much simpler fashion, is one of the fastest-growing SaaS businesses ever, and in an interview, Zenefits CEO Parker Conrad said the big round was raised to keep the company… Read More
Indian E-commerce Logistics Startup Delhivery Raises $85M Series D
May 06, 8:22AM
In yet another vote of confidence for India’s e-commerce market, logistics company Delhivery has scored a series D round of $85 million, less than eight months after its $35 million series C. The latest round was led by Tiger Global Management with participation from returning investors Multiples Alternate Asset Management, Nexus Venture Partners, and Times Internet Limited. Read More
Google Launches Cloud Bigtable, A Highly Scalable And Performant NoSQL Database
May 06, 7:01AM
With Cloud Bigtable, Google is launching a new NoSQL database offering today that, as the name implies, is powered by the company’s Bigtable data storage system, but with the added twist that it’s compatible with the Apache HBase API — which itself is based on Google’s Bigtable project. Bigtable powers the likes of Gmail, Google Search and Google Analytics, so this… Read More
App Annie Acquires Mobile Measurement Service Mobidia
May 06, 7:00AM
Mobile app intelligence platform App Annie is today announcing that it has acquired Mobidia, a mobile measurement service that was one of the earliest app usage data providers on the market having entered that space in 2012. The company, founded in 2004, had one of the largest datasets on mobile app usage and intelligence, having tracked hundreds of thousands of apps and mobile networks… Read More
Thailand's Omise Lands $2.6M To Expand Its Payment Gateway Across Asia
May 06, 4:00AM
Omise, a Thailand-based payment enabler, is in the money today after it raised a $2.6 million Series A round to develop its payment gateway system and expand across Asia. Read More
IBM Announces Marketing Partnership With Facebook
May 06, 4:00AM
IBM and Facebook are teaming up to offer marketers new integrations between the two platforms. IBM said customers will now be able to buy Facebook ads with combined data from Facebook and IBM’s Marketing Cloud (the latter includes things like weather, location and previous purchase history). It also said those customers can take campaigns that work on Facebook and replicate them elsewhere. Read More
HeyLets, A Personalized Location Discovery App, Raises Seed Funding
May 06, 3:58AM
With the number of location discovery apps out there already, the question might not be “Where should we go?” but “Why make another one?” The developers of HeyLets, however, believe there is still room to stand apart by delivering more personalized recommendations to people based on their interests (users can pick from 30 categories, ranging from the obvious like… Read More
Announcing The TechCrunch 2015 Disrupt Battlefield Finalists
May 06, 12:38AM
We’re now on the flip side of our 17th TechCrunch Disrupt conference. In the past two days, over 2,100 people have passed through the Manhattan Center for TechCrunch Disrupt NY, with dreams of becoming the next president of the United States or the next Snapchat or the next Estée Lauder. Along with NYC mayor Bill de Blasio and presidential hopeful Carly Fiorina, executives and… Read More
Despite A Creeping Recession In Europe, Entrepreneurial Ecosystems Are Developing
May 06, 12:00AM
It’s not news that the Eurozone is in one of the worst economic and political shapes it has been in thus far. Greece’s future remains uncertain. Italy’s economy has failed to significantly rebound from its recession while other highly indebted European member states — namely, Ireland, Spain and Portugal — previously shared Greece’s concerns and standpoint… Read More
Phind Is Shazam For Location — Snap A Photo, Pull In All The Info, Book Stuff
May 05, 10:04PM
You find yourself traveling abroad or in a strange city and need to work out where you are and what’s around you. What do we all do? It’s a familiar process. You take out your smartphone and open multiple apps: Foursquare, Yelp, Maps, Wikipedia, Trip Advisor, etc. The list goes on. After perusing multiple channels of information, you’ve basically lost plenty of time at… Read More
CoroNet Wants To Keep Your Gadgets Away From Dangerous Networks That Steal Your Data
May 05, 9:33PM
You sit down at your local coffee shop and fire up the WiFi. Everything seems to work just fine. The network name is the same; all of your pages load — there’s no real indication that anything is amiss. You browse a bit, without giving the router a second thought. Alas, you never actually connected to the coffee shop’s WiFi at all… but you DID just hand a bunch of… Read More
Peruse Reads Your Spreadsheets So You Don't Have To
May 05, 9:21PM
The time-consuming tedium of file search is San Francisco-based startup Peruse’s jumping-off point. It’s aiming to simplify locating files by changing how people search so they don’t have to remember exactly where to look or exactly what the file was called. Peruse’s fix for this age-old tech problem is to use a natural-language question-and-answer interface, rather than… Read More
Apple Details Its 'Made For Apple Watch' Third-Party Band Program
May 05, 9:11PM
If you were hoping to build a third-party band for Apple Watch, then you now have some resources about the official way to make that happen. Apple posted details about its ‘Made for Apple Watch’ program on its website this week, revealing technical specifications related to how to build lugs that meet its standards, as well as providing info about how it will supply lugs itself… Read More
ShoCard Is A Digital Identity Card On The Blockchain
May 05, 9:07PM
Meet ShoCard, a startup that stores your identity onto bitcoin’s blockchain so that you can prove your identity whenever you need to. ShoCard wants to replace cumbersome bank and credit card identification processes with something much more secure and practical. The startup is launching on stage today at Disrupt NY. Read More
France Is One Step Closer To Adopting Extensive Surveillance Law
May 05, 8:57PM
Following Charlie Hebdo’s attacks, the French Government has been tirelessly working to draft and vote a new intelligence law that goes way too far. Today, the lower house of the French Parliament overwhelmingly voted for this new law, making it highly likely to be definitely implemented in a couple of months. In many ways, this law is even broader than the Patriot Act, and many media… Read More
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