Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is joining Scopely’s board of directors, while… Read More
from TechCrunch
In recent years, GitHub has fundamentally changed developer workflows. By centralizing code on an easily accessible platform, the company was able to rapidly change the way people code. Following in these footsteps, Israeli startup Codota wants to further optimize workflows for the often neglected developer community — this time with machine intelligence. The company is announcing a… Read More
from TechCrunch
With high-profile investments from Alibaba and SoftBank fueling an impressive growth story since demonetization last year, you could be forgiven for thinking that Paytm has India’s payments market sewn up. But at least one company will agree to differ on that. MobiKwik, the mobile payments startup that is number two to Paytm in India, is quietly confident that it can take advantage of… Read More
from TechCrunch
Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. Careem, a transportation startup currently in 80 cities across the Middle East, has raised another $150 million — closing out a $500 million Series E round that it confirmed in December when… Read More
from TechCrunch
E-book sales may be declining in the U.S. and U.K., but in South Korea, many people still enjoy swiping instead of leafing through their reading material. E-book sales there are growing steadily each year, driven in part by the popularity of web comics. Ridibooks, which claims to be Korea’s largest e-book provider, has raised a $20 million Series C to take advantage of the market. Read More
from TechCrunch
500 Startups has announced the close of its fund for Japan, more than 18 months after it was first unveiled. The effort is backed by the Japanese government, which has chipped in as an LP via its Cool Japan Fund. (Yes, that really is the name of the fund, which is aiming to use about $1 billion in public money over its lifecycle.) Initially U.S.-based 500 Startups targeted a $30 million close,… Read More
from TechCrunch
Teaching people to code in bite-sized, gamified chunks delivered via mobile app is Py’s mission. The fledgling startup is the brainchild of two friends and college computer science majors who found themselves repeatedly asked for advice on how to learn to Read More
from TechCrunch
The race for artificial intelligence technology is on, and while tech giants like Google and Facebook snap up top talent to build out their own AI-powered products, a new startup has just raised a huge round of funding to help the rest of us. Element AI — a Montreal-based platform and incubator that wants to be the go-to place for any and all companies (big or small) that are building… Read More
from TechCrunch
When housing costs too much or educators have to commute from far away, there’s rapid teacher turnover that hurts students. That’s why Mark Zuckerberg and Priscilla Chan’s philanthropy vehicle is funding home down payment assistance for roughly 60 educators and support staff at three schools near Facebook’s headquarters. The $45 billion Chan Zuckerberg Initiative is… Read More
from TechCrunch
Heresy, a startup co-founded by Dimitar Stanimiroff, who was previously MD Europe at Stack Overflow, is a new sales tool designed to increase collaboration between sales team members, and help them make better data-driven decisions, collectively and individually, and ultimately close more sales. Read More
from TechCrunch