UK-based indie free-to-play mobile games developer studio, Hutch, is gearing up to step on the gas and strap a bunch more players into its clutch of racing themed titles, fueled by a $5.5M expansion round of seed funding… The cash injection is co-led by Index Ventures and early stage London-based fund Backed VC. Read More
from TechCrunch
Spotify — the music streaming company with over 100 million users (40 million of them paying) — has long been seen as one of the more likely candidates among larger tech startups to go public in 2017, but it looks like this plan may be shifting.
TechCrunch has heard from multiple sources that the company is now weighing a plan to delay an IPO until 2018. The delay would give… Read More
from TechCrunch
Propulse Analytics is launching today with $1.4 million in seed financing to equip retailers with deep learning for product recommendations. Backed by Wobemail Online Services LLP and Stradigi Ventures, the Canadian startup is leveraging the features of product images to better grasp customers’ tastes and ultimately increase sales for retailers. The inspiration for Propulse came… Read More
from TechCrunch
MapAnything, a software service built on top of Salesforce for developing location-based workflows, announced a $33.1 million Series B funding round today.
The round was led by Columbus Nova with participation from ServiceNow Ventures. The latter is particularly important because the company intends to make its product available on the ServiceNow soon. Previous investors Greycroft Partners… Read More
from TechCrunch
Rocket Internet, the publicly-listed German company builder and investor, has quietly launched a new startup in Berlin called Pflegetiger (“care tiger”), joining a host of other upstarts entering the huge and potentially lucrative home care services market. Read More
from TechCrunch
The venture arm of Caterpillar Inc., a major manufacturer of construction and mining equipment, has invested in San Francisco drone tech startup Airware. Rather than make its own unmanned aerial vehicles, Airware has focused its efforts around providing software and services that help large enterprises use drones throughout their operations. Airware’s cloud-based software helps… Read More
from TechCrunch
I was excited by the promise of Xnor.ai and its technique that drastically reduces the computing power necessary to perform complex operations like computer vision. Seems I wasn’t the only one: the company, just officially spun off from the Allen Institute for AI (AI2), has attracted $2.6 million in funding from its parent company and Madrona Venture Group. Read More
from TechCrunch
Salesforce has made another acquisition that underscores how the CRM and cloud software giant is looking to sell more services to its customers that complement the software they are already buying. It has acquired Sequence, a user experience design agency based out of San Francisco and New York that works with brands like Best Buy, Peets, Apple, Google and many more. The news was announced… Read More
from TechCrunch
GoldenKey, which was previously known as SoloPro, wants to change how real estate agents and their clients do business. Typically, as a buyer or seller, you work with one agent, who then gets a three percent commission once you buy or sell your home. GoldenKey puts a different spin on this. Instead of a commission, you pay an agent a Typically, as a buyer or seller, you work with one agent,… Read More
from TechCrunch
Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS. It pulled that from 1.86 billion monthly users, up 3.91% this quarter, or 70 million users, from 1.79 billion, but at a slower pace than its 4.67% growth last quarter. Mobile now makes up 84% of its ad revenue, the same as last quarter, accounting for $7.248 billion.
Facebook blew past analyst… Read More
from TechCrunch