The first time Waseem Daher, Jessica McKellar, and Jeff Arnold worked together on a startup, they built one that allowed administrators to patch security updates to a system without having to restart it. So it might come as a bit of a surprise that the next big technical challenge the three MIT graduates want to tackle […]
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Pray.com, an interfaith social networking app for members of religious communities, has raised a $14 million Series A led by TPG Growth. Previous investors Science Inc. and Greylock Partners also returned for the round, which brings the Santa Monica-based startup’s total funding, including a seed round announced last June, to $16 million. Founded in 2016, […]
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Tech Will Save Us, the U.K. startup getting kids excited about technology through a range of ‘hackable’ toys, has raised $4.2 million in Series A funding led by Initial Capital. The round also includes Backed VC, SaatchInvest, All Bright, Unltd-inc, and Leaf VC, along with angel investors Chris Lee (co- founder of Media Molecule), Martin […]
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Tandem, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, continues to be on a shopping spree. Following the purchase of Harrods Bank, the banking arm of the famous luxury British department store, the company is acquiring Pariti, a money management app that has garnered 95,000 users. Terms of the deal remain undisclosed, although […]
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Danish startup Artland has closed $1M in seed funding for a social art marketplace app that aims to connect galleries and professional buyers. It’s also hoping to attract newcomers with an appetite to buy art but who don’t necessarily know how to go about learning about the market. We covered the startup last fall. At […]
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Supernova, a startup operating out of Prague in the Czech Republic, is on a mission to accelerate the app development workflow of mobile designers and developers. More than three years in the making — and the brainchild of co-founder Jiří Třečák — the Supernova Studio macOS app promises to automatically convert mobile app designs created […]
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Beijing-based, bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two largest bike-sharing companies in China. Ofo claims that this is the largest amount raised in a round […]
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Salesforce is set to buy CloudCraze, an enterprise e-commerce solution built on its cloud-based customer relationship management platform. Based in Chicago, CloudCraze announced on its site that it’s signed a definitive agreement to be acquired by Salesforce. The deal’s financial details were not disclosed. According to Crunchbase, CloudCraze received $30.6 million in funding, including a […]
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After getting delayed by at least a month or so following a regulatory investigation just days before the meeting was scheduled to take place, Qualcomm’s timetable to hold the meeting is now bumped up to ten days from now — and possibly before Broadcom may complete its move to the U.S. The new change is […]
from TechCrunch
The massive fight over the fate of Qualcomm, which chipmaker Broadcom seeks to acquire in the largest deal in technology effort, took another dramatic turn this afternoon when the Trump administration said it would block the deal. The move is another chapter in a long story, a culmination of a lot of consolidation activity in […]
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