Today’s Deals – Microsoft acquires Cycle Computing

 Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. While Microsoft plans to use the company’s expertise to improve its… Read More

from TechCrunch

Today’s Deals – Huddle is a mental health app that aims to be a safe space to share with peers

 Dan Blackman’s father was a well-known man in the community of his small Pennsylvania town. He was a lawyer, ran a good business and everyone liked him and liked drinking with him. His dad died a few years ago from a combination of liver and lung cancer. His dad was what they call a functioning alcoholic. “It wasn’t until I started talking to my family a bit more that I… Read More

from TechCrunch

Today’s Deals – Minibar alcohol marketplace picks up $5 million in funding

 Minibar, a marketplace for wine, beer and spirits, has today announced the close of a $5 million Series A round led by Corigin Ventures, with participation from Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures. Minibar launched back in 2013, trying to give liquor stores an ecommerce outlet and users the ability to buy booze with the click of a button. The company… Read More

from TechCrunch

Today’s Deals – Homelight raises $40 million to help home sellers find the best real estate agents

 HomeLight was founded in 2012 to connect home owners looking to sell with real estate agents in their area who are likely to close quickly and get the best price for their homes. With its business quickly growing, the company has raised $40 million in new funding led by Menlo Ventures. Read More

from TechCrunch

Today’s Deals – In India, an Uber for farm machinery aims to make a difference in rural areas

 Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet planes, home services rental bikes, or even phone chargers to name but a few — but how about farming equipment? That’s the case in India, where a startup called EM3 AgriServices is helping rural farmers literally… Read More

from TechCrunch

Today’s Deals – Target acquires transportation company Grand Junction to expand same-day delivery services

 Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more New York area stores before a… Read More

from TechCrunch

Today’s Deals – With $2.5M in seed funding, IOpipe brings monitoring to serverless applications

 Serverless applications are all the rage right now — and some companies are even leapfrogging containers to go all-in on services like AWS Lambda and Azure Functions. Unsurprisingly, these services are now spawning their own startup ecosystems. IOpipe, coming out of beta today, is an application operations platform (with a current focus on monitoring) for AWS’s pioneering Lambda… Read More

from TechCrunch

Today’s Deals – Poncho weather service picks up $2.4 million from Lightspeed Venture Partners

 Poncho, the betaworks-backed weather service, has raised $2.4 million in seed funding led by Lightspeed Ventures. Poncho launched out of betaworks the same year as Giphy and Dots, and uses SMS and email to bring the news to you in an entertaining way. The premise is simple. Instead of having users seek out their own information via weather apps and being bombarded with numbers like… Read More

from TechCrunch

Today’s Deals – Rocket Internet’s Glossybox acquired by UK ecommerce platform player, THG

 Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and ecommerce platform operator, The Hut Group (THG). Read More

from TechCrunch

Today’s Deals – SoundCloud saved by emergency funding as CEO steps aside

 SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss becomes chief product officer. Raine Group and Temasek have stepped in to lead the new Series F funding round of… Read More

from TechCrunch

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