Collective is announcing today that it has closed a $34M growth round led by Columbia Partners with participation from Accel Partners, Greycroft and iNovia. The company has raised close to $100M in debt and equity since 2005.
The money will be put to work on the company’s new product, Visto. The recently launched platform brings additional transparency to the opaque adtech space. Read More
from TechCrunch
Microsoft, hot on the heels of the news that it is buying LinkedIn for $26.2 billion, has announced yet another acquisition, this time in the area of natural language and artificial intelligence: the company has purchased Wand Labs, a startup that develops messaging apps — and specifically technology behind them that lets them act more intelligently (beyond and alongside our own… Read More
from TechCrunch
Dutch startup Fixico is using the smartphone’s ubiquity to power a platform that connects car owners whose car has suffered cosmetic damage to bodywork repair shops that can polish out the scratches or hammer out the dent and return their pride and joy to its former glory. Read More
from TechCrunch
Sometimes the world of tech news makes you sit back in disbelief and wonder what can happen next. There was once a time, long in the past, when Uber raising a billion dollars in funding stood out as a huge topic of discussion, a landmark of where things were moving to. Well, we’re there now. These days, the company can pull in a record $3.5 billion round and precious few eyebrows… Read More
from TechCrunch
China Life, Asia’s largest insurance firm, isn’t the only Uber investor to double dip and put money into its Chinese rival Didi via its blockbuster $7.2 billion round announced this week. New York-based investment firm BlackRock also partook in the fundraising, which values Didi at $28 billion, a source close to the deal told TechCrunch. Read More
from TechCrunch
Private equity firms have certainly been flexing their muscles this year, whether Thomas Bravo snagging Qlik for $3 billion or Vista Equity Partners grabbing Marketo for 1.9 billion and Ping Identity for another $600 million. Apparently Provident Strategic Growth, the growth investment arm of Provident Equity didn’t want to be left out and today they announced a $130 million investment… Read More
from TechCrunch
Didi Chuxing, the largest ride-hailing app in China, confirmed today that it has closed a $7.3 billion financing round that includes its recent investments from Apple and China Life. The news was first reported by the Wall Street Journal, whose sources say Didi Chuxing’s valuation is now pegged at more than $25 billion. Read More
from TechCrunch
Uber, fresh off $3.5 billion from the Saudi Arabia Public Investment Fund, is in talks to close another $1-2 billion in the form of leveraged loans.
Over the last 24 hours, the term “leveraged loans” has been thrown around a lot, but few in the startup world have seen this term before. Read More
from TechCrunch
Sometimes the government, not the startup, wins. Case in point: Fixed, the company that began as a tool to help drivers fight their parking tickets through the use technology, has been acquired. Fixed had struggled to get cities to accept its submissions, having faced everything from being blocked from cities’ ticket websites to agencies simply unplugging their fax machine so… Read More
from TechCrunch
What if a simple camera capturing data for machine learning could tell you the threat level of an individual approaching a fence. What if the same combination of camera and computer could classify the behavior of shoppers in a grocery store isle and judge things like intent to purchase, presence of decision paralysis, and ease of identifying desired products. Fueled by advances in image… Read More
from TechCrunch