Month: May 2017

 Ontruck, a Madrid-based startup that has built an “on-demand logistics platform” to connect businesses directly with road freight carriers, has raised $10 million in Series A funding. Read More

from TechCrunch

 Verizon appears to have won its bidding war with AT&T for Straight Path Communications after offering $3.1 billion. AT&T announced last month that it had agreed to buy Straight Path for $1.6 billion, but after Verizon placed a bid for nearly double that amount on Monday, AT&T declined to match it, reports the Wall Street Journal. Read More

from TechCrunch

 “A database that replicates itself and is meant to survive” — that was the connection that Cockroach Labs CEO Spencer Kimball made between the startup’s memorable name and its value proposition. Despite entering a crowded market, Cockroach has been able to gain the favor of some of the most well known VCs in tech. Today’s $27 million Series B is being led by… Read More

from TechCrunch

 Oakland, Calif.-based Ceres Imaging has raised $5 million in a Series A investment led by Romulus Capital. The startup uses cameras, sensors and software to pinpoint crop stress in the field for farmers, so that they can apply herbicides, pesticides and irrigation just where it’s needed. Ceres, like several other startups, started out with the notion to build a drone just for… Read More

from TechCrunch

 Recruiting is miserable. The experience lacks so many things: transparency, fairness, timeliness and so on that solutions to date have only addressed part of the problem. LinkedIn made the resume digital and put people in (mostly) one place. Others have created labor marketplaces and educational resources to “fix” hiring, but last time I checked hiring was still broken. With… Read More

from TechCrunch

 Kreditech, the German startup backed by Peter Thiel, Rakuten and the IFC that creates credit ratings and provides finance to people who may not otherwise have credit histories, has raised another round of funding from one of its strategic partners. PayU, the payments company owned by Naspers that is known by some as the “PayPal of emerging markets” — its business is mainly… Read More

from TechCrunch

 Japanese telco giant Softbank has confirmed the size of its investment into Didi Chuxing, aka the Uber of China, and the figure is $5 billion (~¥550,000M). Read More

from TechCrunch

 Joining the exclusive club of one-percenters is hard, and, by definition, nearly every company fails to gain entry. For founders and investors alike, the heartening thing is that, in most cases, even a small seed and Series A round puts your company in the top half of startups founded in or after 2003. And there’s one good thing about being middle of the pack — you have plenty… Read More

from TechCrunch

 Companies like Guesty, which just raised $3 million, are building tech to help property managers optimize their listings. Read More

from TechCrunch

 Fresh off closing a $10 million fund earlier this year for Latin American startups, 500 Startups has pulled together capital for a new $15 million fund that will exclusively target startups in the Middle East and North Africa. Read More

from TechCrunch