Today’s Deals – Ross Intelligence lands $8.7M Series A to speed up legal research with AI

 Armed with an understanding of machine learning, Ross Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup, founded in 2015 by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio at the University of Toronto, is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund,… Read More

from TechCrunch

Today’s Deals – MioTech gets $7M to build artificial intelligence based tools for wealth managers in Asia

 MioTech, a financial tech startup with offices in Hong Kong and Shanghai, has raised $7 million in Series A funding to develop artificial intelligence based software for investment managers. The round was led by Horizons Ventures, the private investment arm of Hong Kong business tycoon Li Ka-shing, with participation from returning investor Zhenfund. Read More

from TechCrunch

Today’s Deals – eShares raises $42 million to manage equity compensation and investments

 eShares wants to be the platform for all things equity.
From cap table management to secondary transactions, eShares’ software helps businesses like Slack, Flexport and Funding Circle keep tabs on their shares.
The startup is raising a $42 million Series C, led by Menlo Ventures and Social Capital. Matt Murphy from Menlo Ventures and Arjun Sethi from Social Capital will be joining the… Read More

from TechCrunch

Today’s Deals – ShiftLeft promises to protect your code even when you ignore security threats

 Every day companies are uploading fresh code to the cloud. The pace is startling and that tends to lead to errors. We have seen security software in the past that will check that code for problems and security holes and recommend fixes before launching, but what happens when your programming team doesn’t have time or money to make those fixes (or simply ignores them)? ShiftLeft, a… Read More

from TechCrunch

Today’s Deals – Ola raises $1.1B led by Tencent to fuel battle with Uber in India

 It’s been a long while coming but Uber’s chief rival in India is finally raising a big round, and joining the billion-dollar round club at the same time. Ola today announced that it has closed $1.1 billion in fresh financing. That’s the largest funding round in the company’s six-year history and its first major raise since November 2015 when it closed $500 million… Read More

from TechCrunch

Today’s Deals – Blue Apron competitor HelloFresh planning to raise up to $353 million in IPO

 HelloFresh, the Berlin-based cooking kit delivery company, revealed that it’s planning to raise up to $353 million in an IPO on the Frankfurt Stock Exchange. The move would value HelloFresh at up to 1.5 billion euros ($1.8 billion) in the public markets. This is below the last private market valuation of 2 billion euros.
The IPO may come as a surprise to some, following the lackluster… Read More

from TechCrunch

Today’s Deals – Cap table apps team up as Solium acquires Capshare

 Uber, SpaceX, and Stripe rely on Solium to keep track of all their shareholders and stock plans. 10,000 smaller startups turn to Capshares for more streamlined equity software that’s not clumsy like spreadsheets. Now Solium is buying out Capshare and letting it run independently so together they can handle shareholder management from inception to IPO. Terms of public company… Read More

from TechCrunch

Today’s Deals – Bigscreen nabs $11M in funding as it looks to build the perfect virtual movie-watching app

 Big screens apparently mean big money. Virtual reality remote desktop app Bigscreen has added $11 million in Series A funding to its pocketbooks as it looks to weather some waning investor interest in VR and build up its technologies while the VR headset market builds itself up. Read More

from TechCrunch

Today’s Deals – $3 million round for Vyng proves ringtones are still a thing

 Sometimes the journey to success and millions of dollars in venture funding can start with nothing more than a Mexican road trip and crashing a cat convention’s film festival. That’s the story of Vyng, which has closed a round of $3 million after two years spent working on its technology that allows users to use personalized videos that appear on lock screens as ringtones. Read More

from TechCrunch

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