Ometria launched in 2013 with a mission to help online retailers make better use of data, and, in turn, compete harder with the likes of Amazon and more data-driven players in the market. But more data insights alone doesn’t equate to more effective marketing if you don’t take the appropriate action on a per-customer basis. That proved a stumbling block for some of… Read More
from TechCrunch
Another startup out of Europe focused on finance has raised a hefty round of funding. Kreditech, a German company building a suite of credit and banking products for consumers who have little or no credit history, has raised €82.5 million ($92 million) to continue adding more products and geographies to its platform. Confirming what we reported when we first broke news of the round in… Read More
from TechCrunch
More funding developments in the highly competitive world of car services. Didi Kuaidi, an Uber rival based in China, has today confirmed that it has invested in Ola, another Uber rival based out of India, as part of Ola’s latest round of funding. As we reported earlier this month, Ola is looking to raise a megaround of over $500 million at a valuation of $5 billion to expand in… Read More
from TechCrunch
Technology darlings like Uber, Pinterest and Airbnb may be taking their time on the way to exit, but that doesn’t mean IPOs aren’t happening. They’re alive and well in the consumer space — from food brands to premium pet food and retail establishments. So why are these companies pursuing IPOs — and finding success in the markets — while tech companies are… Read More
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NoviCap, the invoice trading marketplace headquartered in London but with offices in Barcelona and a customer base largely in Spain, has closed a $1.7 million seed round. Backers include Partech Ventures, Techstars Ventures and Cabiedes & Partners. Read More
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Kleiner Perkins’ John Doerr hopes that his firm will find itself at a “50/50” ratio, where it has successfully brought in a diverse set of new partners — a problem that has long-plagued the venture capital industry. He spoke at TechCrunch Disrupt SF 2015. “I made it really clear even at Kleiner Perkins, where I’m deeply committed to diversity, we have done… Read More
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CrunchBase, the database of startups, other tech companies and the people who work in them that was originally developed alongside TechCrunch, is spinning out from AOL/Verizon. Emergence Capital is leading an investment in the newly-independent company, while AOL/Verizon — owner of TechCrunch — will retain a stake in the business.
The independent company will be led by Jager… Read More
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CloudFlare has secured a $110 million round of private financing, led by Fidelity, and participated in by a cadre of technology giants, including Baidu, Google, Microsoft and Qualcomm. The company has raised more than $180 million to date.
The quickly growing startup now operates in more than 30 countries, and, according to material provided to TechCrunch, processes around 5 percent of the… Read More
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WalmartLabs, the retailer’s Silicon Valley-based R&D group, announced this morning that it has acquired loyalty startup PunchTab, in order to better connect with and engage customers who shop at the company’s Sam’s Club stores. Terms of the deal were not revealed, but this is now WalmartLabs’ 15th acquisition since its formation in 2011, the company noted.… Read More
from TechCrunch
Flashgap, the time-delayed photo-sharing app inspired by the movie ‘The Hangover,’ has closed a $1.5 million seed round — money the French startup plans to use to launch across the pond. This will include recruiting a U.S. based team, in addition to expanding the app’s features. Read More
from TechCrunch