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May 19, 1:00PM
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Fans of unusual smartphones should point their eyes at this Indiegogo campaign. Russian smartphone upstart Yota Devices has today launched its crowdfunder to bring its sequel dual-screen e-ink Android-based smartphone, the Yotaphone 2, to market in the U.S.
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May 19, 1:00PM
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Collaborative consumption is reworking all sorts of established societal norms and regulatory processes. It’s also generating new business opportunities for startups that sit outside the immediate category. To wit: on-demand cleaning startup Handy is today launching a hospitality service tailored for vacation rental hosts — expanding on an existing cleaning offering for Airbnb…
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May 19, 1:00PM
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Switch Communications has raised another $35 million in funding to get customers signed up. The funding was led by cross-border VC firm Amasia Associates, with includes investment from Felicis Ventures, SoftBank, and Work-Bench Ventures, as well as existing investors Andreessen Horowitz and Google Ventures.
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May 19, 1:00PM
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The competitive landscape for app development tool providers continues to become tighter, with Meteor Development Group raising $20 million for its stack of frameworks and tools for developing web and mobile applications in JavaScript.
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May 19, 1:00PM
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Stox is an online broker that wants to make trading stocks less mystifying for new investors. The London-based company announced that it has raised a $8 million series A round led by Singulariteam.
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May 19, 1:00PM
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IBM hasn’t been shy about its ambitions to transform into a cloud company, building up a broad portfolio of infrastructure, platform and software services. Part of that strategy has been to be intimately involved with OpenStack, the open source cloud platform. This week at the project’s biannual conference in Vancouver, IBM announced it was expanding its OpenStack…
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May 19, 12:57PM
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E-sports have arrived as a money maker for players — whose earnings can top $1 million — and brands — that are tapping into an audience of over 134 million viewers that could generate $612 million in revenue. Now these teams are getting fantasy leagues of their own, with companies like Vulcun and the newly financed AlphaDraft, competing for a piece of this growing gaming market.
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May 19, 12:55PM
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In order to sustain a world population expected to reach 10 billion by 2050, we’ll need to double global crop production over the next 35 years. For Farmers Business Network (FBN), the solution is a global, big data-powered farmer-to-farmer network — and they’ve just raised $15 million in new funding to build it. Google Ventures led the round, with help from past…
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May 19, 12:40PM
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Apple has updated both the 15-inch MacBook Pro With Retina Display, and the 27-inch iMac, with new specs that include 5th-generation Intel Core “Broadwell” processors, as well as a new Force Touch trackpad for the MacBook, which provides opportunities for unique input via a secondary, deeper click, as well as Apple’s trademark “taptic” feedback, which makes it…
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May 19, 12:00PM
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Automatic, a startup whose sensor-and-software combo has been described as “Fitbit for your car,” is today rolling out a software development kit and new hardware that turn your car into a platform for apps.
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May 19, 12:00PM
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Winter is coming to the icy land of IT departments. Ferocious cyberattacks against corporate IT infrastructures are proliferating, and it seems like every day we hear about another company that has had a critical data breach. Sometimes those leaks are minor, but other times, the leaks are an entire company’s email archive. The threat environment for IT systems has arguably never been…
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May 19, 11:30AM
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Hightower, a New York-based leasing management platform for commercial real estate, today announced that it has raised a $13 million Series B funding round led by previous investor RRE Ventures. Other participants include Bessemer Venture Partners and Thrive Capital, who together led the company’s $6.5 million Series A round, as well as new investor Pritzker Group Venture Capital. The…
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May 19, 11:30AM
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DataHero, the SaaS company that wants to bring data visualization to non-technical end users, announced $6.1 million in Series A funding today. It also announced a new chief executive and a partnership with Hubspot. The round was led by existing investor Foundry Group. The company also announced it was bringing on veteran executive Ed Miller, who has been CEO at several startups with…
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May 19, 10:24AM
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The tech-powered pull of the U.K. capital city has convinced regional accelerator Ignite to put down some roots. The Newcastle-based incubator today announcing plans to expand to London and Manchester over the next two years, while also remaining committed to its North East base.
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May 19, 8:07AM
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Akosha, a messaging platform that connects customers directly to businesses, has raised a $16 million series B round led by returning investor Sequoia Capital. The New Delhi-based startup counts e-commerce giant Snapdeal and telecom Aircel among the 130 companies that use its services.
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May 19, 8:00AM
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Lithuania startup Trafi, which offers a public transport app to help you plan journeys, has closed a $6.5 million Series A funding round led by Octopus Investments. EBRD Venture Capital Investment Programme and BaltCap also participated, along with previous investor Practica Capital.
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May 19, 7:00AM
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Bd4travel, a German startup that offers a “predictive analytics platform” for the online travel industry to help target site visitors in a more personal way, has raised a $4.2 million Series A round led by London-based Hoxton Ventures. Talis Capital, and Robin Klein of The Accelerator Group also participated.
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May 19, 6:55AM
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Fast-growing Chinese smartphone maker Xiaomi has taken a tentative first step to becoming an international player after it opened the doors to its Mi.com online store in the U.S., UK, France and Germany.
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May 19, 5:17AM
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Last May, messaging app Line launched its Creators Market, a platform that lets all users make and sell stickers. Now Line has disclosed how the platform performed during its freshman year (a followup to its six-month report released in November).
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May 19, 5:00AM
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Like so many young startup founders, I find myself alternating between laughing out loud and cringing as I watch the Pied Piper crew navigate the business world on HBO’s “Silicon Valley.” Having spent a good chunk of last year raising my own company’s latest round, the conversations about investment and valuation really hit home.
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