A startup called Simbi has raised $1.2 million in seed funding to popularize its marketplace where people can barter skills and services online. Greylock Discovery fund, Crunchfund and Ranch Ventures invested in the round along with Y Combinator. The company is part of Y Combinator’s current batch. Founder and CEO Kjerstin “KJ” Erickson said her five-person team intends to… Read More
from TechCrunch
Bugs be gone! That’s the philosophy behind Appknox, a mobile security startup from Singapore which has raised $640,000 in a pre-Series A funding round. Read More
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UK antivirus maker BullGuard is acquiring Israeli startup Dojo-Labs to expand its portfolio of security products to the Internet of Things. Read More
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European online glasses retailer MyOptique, which operates websites such as Glasses Direct and SunGlasses Shop in the UK and Lensbest in Germany, has been acquired by French lens maker Essilor International. Read More
from TechCrunch
India has a new tech unicorn. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Tencent and Foxconn. The Series D round values the company at $1.4 billion, founder and CEO Kavin Bharti Mittal confirmed to TechCrunch. Read More
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Business analytics platform BeyondCore will be officially joining Salesforce, according to a blog post by BeyondCore CEO Arijit Sengupta. BeyondCore is an enterprise analytics tool that bolsters business intelligence with computational and statistical analysis. While Salesforce could have gone fishing and come up with a number of business intelligence companies to buy, BeyondCore was… Read More
from TechCrunch
Snapchat could help you organize a night out with friends or get a digest of the day’s news thanks to its acquisition of mobile search startup Vurb. TechCrunch caught wind of the impending deal over the weekend and now The Information reports Snapchat is in the closing stages of talks to pay $110 million for Vurb (75 percent stock, 25 percent cash). Snapchat is also said to offer $75… Read More
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HeavenHR, a cloud-based HR management platform for small and medium enterprises (SMEs), has closed €6 million in Series A funding. Leading the round in the Berlin-based startup are Target Global, and Open Ocean Capital. Read More
from TechCrunch
HeavenHR, a cloud-based HR management platform for small and medium enterprises (SMEs), has closed €6 million in Series A funding. Leading the round in the Berlin-based startup are Target Global, and Open Ocean Capital. Read More
from TechCrunch
Winter came, and now it’s time for a season of shut downs, sell outs, and saving face. The circle of life includes the stage of death. That doesn’t mean these founders did anything wrong, just not quite enough right. Their experiments are coming to an end.
Two years ago a bunch of startups raised two years of runway. An abundance of early capital had emerged. Angels and VCs… Read More
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