Drone delivery startup Flirtey has raised $16 million in Series A funding to bring its high-flying service to new customers, companies and possibly countries. Earlier, the startup raised $120,000 in seed funding and participated in the Y Combinator accelerator. Flirtey was also the first company to attain FAA approvals to conduct a drone delivery in the US in 2015. That fact helped it… Read More
from TechCrunch
Selling a suite of online and mobile services for wealth managers and individual investors, Starburst Labs, a new New York-based startup has landed $6.25 million in its first institutional round of financing. A relatively new entrant into the market, Starburst Labs began working on its first product in 2013 and is targeting the independent wealth managers and armchair investors that account for… Read More
from TechCrunch
A streaming service for stand-up comedy called Laugh.ly, which publicly launched this past August, has now closed on $2.25 million in seed funding led by New York Angels, the company announced today. Available for both iOS and Android devices, Laugh.ly is the first to offer an extensive library of comedians’ stand-up sets, with content from top names in the biz, including Kevin Hart,… Read More
from TechCrunch
Iris Automation Inc. has raised $1.5 million to bring “sense and avoid” technology, and truly self-flying capabilities, to drones used for industrial tasks. Even for human pilots, identifying obstacles and deciding precisely how to maneuver a fast-flying aircraft around them poses a serious challenge. Iris’ technology analyzes and draws insights from videos captured by… Read More
from TechCrunch
Pipedrive, a CRM platform designed to help SMBs sell more, has closed $17 million in Series B funding. The round was led by Atomico, the global VC firm founded by Skype’s Niklas Zennström, with participation from Bessemer Venture Partners, and Rembrandt Venture Partners. The Estonia/U.S.-based startup last raised $9 million in Series A funding back in May 2015. Pipedrive says will use… Read More
from TechCrunch
ProtectWise, a security startup that records all your network traffic DVR-style, and saves it in the cloud, announced a $25 million round today. The company’s security strategy is surprisingly simple. It records all of the networking activity, then indexes the data and provides customers with forensic tools to search and review it. Once a breach has been detected, the victimized… Read More
from TechCrunch
Data governance and management startup Collibra — originally founded in Belgium but now based out of New York to help businesses in sectors like finance and healthcare to manage and comply with data retention policies — has raised $50 million in its latest round of funding. The company is not disclosing the valuation, but we heard that it is in the region of $650 million (which is… Read More
from TechCrunch
InsideSales, a predictive analytics platform which helps salespeople focus on finding and engaging prospects at the right time and in the right way, announced a $50 million round today with a couple of strategic investors — Microsoft and the Irish government.
The round was led by Polaris Capital, a long time investor, along with newcomers QuestMark Partners, and the Irish Strategic… Read More
from TechCrunch
Indian e-commerce firm Flipkart is in the midst of transition after it welcomed a new CEO this month, but that hasn’t stopped it from investing $2 million in parenting startup TinyStep. Read More
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With a pitch for its users to just let go of the things they no longer need, the online used goods marketplace letgo has managed to grab on to $175 million in new financing.
Since its launch in 2015, the would-be Craigslist killer has raised at least $325 million to tackle the U.S. market.
It’s been growing a blistering clip, to over $20 billion in gross merchandise value sold on the… Read More
from TechCrunch