Month: April 2017

 At three years old, Oak HC/FT is a young firm. But its investors clearly have faith in the outfit. It closed its debut fund with $500 million in late 2014; yesterday, it closed its second fund with $600 million. Read More

from TechCrunch

 Milanote’s visual workspace platform feels part Evernote, part Pinterest — offering users digital spaces (“boards”) paired with a drag and drop interface that can be used to add and position photos and notes to create visual moodboards and/or display a grouping of ideas as part of a research project. Read More

from TechCrunch

 Baidu is acquiring xPerception, a US startup specialized in computer vision, according to Reuters. Details are sparse, but we know the startup has its own module for object recognition and depth perception that can be deployed on robots and drones. The Chinese tech giant has been active in machine intelligence M&A this year. Back in February it acquired Raven Tech, a Chinese startup… Read More

from TechCrunch

 Yext, the company which helps businesses power their location data, went public on the New York Stock Exchange today. After pricing shares above the expected range at $11, the price rose 21% to $13.29 by the end of the first day of trading.
With a client list that includes Best Buy, McDonald’s and Marriott, Yext is responsible for the location results that appear on search engines… Read More

from TechCrunch

 Founded in 2012 with the small goal of enabling connectivity-free communication, goTenna has ballooned to over 23 employees and delivered real hardware to market in the process. Today the startup is adding another $7.5 million to its coffers in the form of a Series B led by Union Square Ventures. goTenna’s full suite of products effectively convert phones into walkie-talkies, allowing… Read More

from TechCrunch

 LVH, the parent of 55 Capital, has raised $10 million in Series A funding to build out its technology platform for investors and further its financial research. Point72 Ventures, the venture capital fund associated with billionaire Steven Cohen, is participating in the round. Others include Calibrate Management and Tectonic Ventures. 55 Capital has been working on a product that makes it… Read More

from TechCrunch

 It looks like we can add another one to the string of IPOs that at least look like they’ve been successful — with Yext, too, popping more than 20% once its shares made their debut this morning. Shares of Yext went as high as $14 or so after the company gave its final pricing at $11 last night — meaning it raised at least $115.5 million in its IPO. Following Okta, and before… Read More

from TechCrunch

 Cameras help autonomous vehicles read street signs and the color of traffic lights. But LiDARs, aka light detection and ranging systems, do the important work of sensing and helping cars avoid obstacles, whether that’s a fallen tree, drunk driver, or a child running out into the road. Now, a startup called Luminar Technologies Inc., is unveiling a high-resolution LiDAR sensor that was… Read More

from TechCrunch

 The enterprise voice space grows hotter today as VoiceOps announces its seed round with participation from Accel, Founders Fund and Lowercase Capital. The YC-backed startup aims to support sales teams by offering managers clear insights into what tactics are being used on the front lines. Founders, Daria Evdokimova, Ethan Barhydt and Nate Becker designed a machine learning-powered system… Read More

from TechCrunch

 Rules governing the use of food delivery robots remain to be seen across the US. But major food businesses are investigating the possibilities already. In the latest deal, Yelp Eat24 has begun testing delivery by robot in partnership with Marble in select San Francisco neighborhoods. TechCrunch spied Marble’s delivery robots, stickered with a Yelp Eat24 logo, earlier this month. But… Read More

from TechCrunch