Security giant Avast has announced it intends to acquire fellow Czech-based antivirus software maker AVG for a purchase price of $25.00 per share in cash — resulting in a transaction that will total around $1.3 billion. Read More
from TechCrunch
Companies
Today’s Deals – Quantum encryption startup PQ bags $10.3M Series A
Being first to market with complex technology doesn’t usually make for a simple sales proposition. Nor does trying to pioneer an alternative approach as a small security startup vs established industry practices. Read More
from TechCrunch
Today’s Deals – Black Swan Data scores £6.2M to help companies make better use of consumer and public data
Data science and tech startup Black Swan Data, which has built a platform to let companies improve their business/marketing intelligence by mining and crunching both public and internal consumer data, has closed £6.2 million in Series B funding. Read More
from TechCrunch
Today’s Deals – Germany’s Brillen raises $49M from TCV to take its eyewear marketplace international
Brillen.de, a bootstrapped, family-run company in Germany that has built an online business selling its own eyewear by tapping into a network of independent and local opticians, has raised €45 million ($49 million) in its first-ever VC funding. The money comes from a single, notable, investor, Technology Crossover Ventures (which has backed the likes of Facebook, Spotify, LinkedIn,… Read More
from TechCrunch
Today’s Deals – Light raises $30M and announces L16 camera is delayed until 2017
If you were eagerly awaiting your “late summer” delivery of your pre-ordered Light L16 camera, today will bring an impatient tear to your eye. In parallel with announcing having raised $30 million from GV (nee Google Ventures), the company sent out an email to early supporters telling them they’d have to wait for a while longer — until “Early 2017,” that is. Read More
from TechCrunch
Today’s Deals – Agriculture tech startup KisanHub raises $1M Seed
Agriculture tech startup KisanHub is on a mission to make farming more ‘connected’ to help farmers “grow more and use less,” says co-founder and CEO Sachin Shende. Read More
from TechCrunch
Today’s Deals – StockTwits raises funding, gets new CEO
It’s like Twitter, but for the stock market. The inventor of the “cash tag,” StockTwits, is announcing some big changes. Armed with an additional $2 million in funding led by Social Leverage, Ian Rosen, co-founder of Even financial and former general manager at MarketWatch will be taking the helm as CEO. StockTwits founder Howard Lindzon will be moving into the executive… Read More
from TechCrunch
Today’s Deals – Service Partner One closes $10M Series A to move office management services online
Service Partner One is a Berlin-headquartered startup that is bringing the booking and management of various office management services online, via its website and/or iPad and iPad app combo. Read More
from TechCrunch
Today’s Deals – Google buys French image recognition startup Moodstocks
Two weeks after Twitter acquired Magic Pony to advance its machine learning smarts for improving users’ experience of photos and videos on its platform, Google is following suit. Today, the maker of Android and search giant announced that it has acquired Moodstocks, a startup based out of Paris that develops machine-learning based image recognition technology for smartphones whose APIs… Read More
from TechCrunch
Today’s Deals – Alibaba snaps up Chinese Android app store Wandoujia
Alibaba has advanced its reach on mobile after it acquired one of China’s most prominent Android app stores, Wandoujia, in an undisclosed acquisition. Read More
from TechCrunch