Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which includes a $60 million round the company… Read More
from TechCrunch
Skytap is probably one of the more interesting clouds right now. Unlike so many other startups, it’s not trying to offer enterprises specific cloud computing services on top of one of the big platforms like AWS, Azure and Google Cloud Platform. Instead, the company actually runs its own cloud with the goal of helping enterprises that want to modernize their infrastructure bring their… Read More
from TechCrunch
Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too. A class-action lawsuit has been filed on behalf of shareholders by law firm, Bragar Eagel & Squire. They are alleging that Blue Apron failed to adequately disclose material information. The information in… Read More
from TechCrunch
Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs. Read More
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Despite countless attempts and millions in venture capital, the calendar, one of the most ubiquitous work tools, has remained largely unchanged for as long as I can remember. Rather than overwrite the calendar in an effort to make it obsolete, Ahryun Moon and Jasper Sone, co-founders of GoodTime, are putting the calendar front and center — embracing it as a means of understanding… Read More
from TechCrunch
Capital Float, which claims to be the largest online lending platform in India, announced today that it has raised a $45 million Series C led by Ribbit Capital. Returning investors SAIF Partners, Sequoia India and Creation Investments also participated. Read More
from TechCrunch
eMoov, one of a number of online real estate agents fighting it out in the U.K., has picked up £9 million in new backing. The round was led by consumer investment group JXC Ventures, with participation from existing investors Episode 1 VC, Maxfield Capital, Spire and Startive Ventures. Read More
from TechCrunch
German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility data services. The deal was announced in June with little fanfare and it is officially undisclosed, but a source told TechCrunch that it is around the SG$40 million mark —… Read More
from TechCrunch
In an announcement about a set of new discovery tools, Amazon-owned video game streaming site Twitch also unveiled that it recently acquired Palo Alto-based video indexing platform ClipMine. The startup’s technology is now being put to use to translate visual information in videos – like objects, text, logos and scenes – into metadata that can help people more easily find… Read More
from TechCrunch
Every year Americans apply for more than 250 million new financial products each year, but the majority of those applications are completed on paper or over the phone. A startup called Original Tech wants to change that, by providing white-label software to improve loan applications completed online. Read More
from TechCrunch