As interest and investment continue to pour into the online education market, startups building platforms with a lot of traction are reaping the rewards. In the latest development, a company out of China called VIPKID — which has built a popular platform connecting children aged between five and 12 years with native English speakers for one-to-one online language lessons… Read More
from TechCrunch
Jack Dorsey really needs a hit. After Twitter’s weak second-quarter showing, and both stocks not performing well in the past year, Dorsey — as the lead of both companies — needs to show investors his strategies are working (and that he can run both companies).
Well, he certainly got one today. Square reported its second-quarter earnings, where it brought in $439 million in… Read More
from TechCrunch
In recent years, venture capital has poured into food companies, from meal kit and grocery delivery services to the makers of environmentally sustainable, or health-promoting food products.
Now, investors and entrepreneurs from tech, food and the restaurant industry have launched a firm, and closed a $42 million debut fund called Powerplant Ventures, to invest specifically in… Read More
from TechCrunch
While social games company Zynga’s push into real-money gambling may have had some hiccups, a group of alums who built a startup dedicated specifically to the genre have sold their company for up to $170 million. Rocket Games, a social gambling company based out of San Francisco, has been acquired by Penn National Gaming, the slot machine, video gaming machine, and casino company.… Read More
from TechCrunch
An Altanta-based startup called Florence Healthcare has raised $1.7 million in seed funding to help drug companies and researchers at hospitals or other trial sites to exchange information about clinical trials in the cloud.
Ultimately, helping these groups share information with each other, and with the U.S. Food and Drug Administration, could speed up the time it takes to get much-needed… Read More
from TechCrunch
Panoply.io, a startup that wants to make setting up a data warehousing and analytics infrastructure as easy as spinning up an AWS server, today announced that it has raised a $7 million Series A round led by Intel Capital, with participation from previous investor Blumberg Capital. This follows Panoply’s $1.3 million seed round from late last year. “It’s remarkable that… Read More
from TechCrunch
London-based City Pantry, which operates an office catering platform to make it easier to order in food for staff and company meetings, has raised £1.1 million in new funding. The investment comes from Angel Co Fund, and The London Co Investment fund (both of which are part-funded by tax-payer money), and various angels and existing investors. Read More
from TechCrunch
Zype has raised another $2 million as it helps publishers deliver (and make money from) video across devices. Added to the $1.6 million that Zype announced last year, this brings the New York City startup’s seed round to $3.6 million. The round was led by Revel Partners, with participation from Point Nine Capital, Alpine Meridian Ventures, Berlin Ventures, Entrepreneurs Investment Fund… Read More
from TechCrunch
San Francisco-based Attic Labs is launching Noms today, a new decentralized database that takes its cues from projects like Git, Camlistore, ipfs, bup and others. As the company also announced today, Attic Labs has raised an $8.1 million Series A round led by Greylock that will allow it to continue to work on Noms and other projects. Harrison Metal and a number of angel investors also… Read More
from TechCrunch
Medium announced today that it has acquired Embed.ly to support publishers with backend APIs for embedding content. Embed.ly supports writers by providing analytics on content and customized recommendations and promotions. Their APIs are currently used by an all-star list of publishers including The New York Times, NPR, and The Atlantic. Companies like Reddit and Airbnb also use the service.… Read More
from TechCrunch