Fresh on the heels of the launch of Tech:NYC, Jersey is getting in on the action with the unveiling of Newark Venture Partners new incubator, NVP Labs. Over the next five years, NVP has plans to invest $10 million per year into startups as part of the incubator. Alongside investment, they will provide space in their 25k square foot office with 10GB direct Fiber internet. NVP is also announcing… Read More
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Cybercrime is a rising problem — expected to cost organizations between $500 billion and $2 trillion by 2019. Now a startup that has built what it markets as an economical tool to fight cybercrime has raised some money to help it grow. vArmour — a startup that offers security solutions specifically aimed at enterprises that run services and apps across multiple clouds —… Read More
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Woomoo, the startup behind app prototyping tool POP, has been acqui-hired by Priceline. All six of the company’s employees have relocated from Taipei, where Woomoo was based, to Bangkok to work on app development for Agoda, the hotel booking website owned by Priceline. The deal’s terms were undisclosed. Read More
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Another week, another story about a promising independent self-driving vehicle company. Last week, Otto came out of stealth to offer autonomous technology for trucks, and today MIT spinoff NuTonomy announced $16 million in funding to go after its ambitious goal of offering self-driving taxis within two years. Read More
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Founded by Australian brothers Travis and Shawn Pittman but relocated to Austria of all places, TourRadar, the travel tour booking site, seems to be on a roll. The startup has just closed $6 million in Series A funding, based, I’m hearing, on a major growth spurt over the last 7 months. Read More
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Malaysia-based fintech startup Saving Plus has closed a $3 million Series A round and renamed itself as Jirnexu. Read More
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Snapchat may have first made its name in the crowded world of mobile apps with an ephemeral messaging service, but the startup and its wildly popular app are not disappearing anywhere soon. TechCrunch has learned from multiple sources that Snapchat is raising yet more financing at around a $20 billion valuation. Sources with knowledge of the deal say the social media giant is in the… Read More
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Penny, a personal finance bot we reviewed last fall, has raised $1.2M in seed funding from Social Capital. As a refresher, the app offers a chat-based interface that offers advice tailored to your personal finances. This advice includes things like how much you spend on food each week, how this month’s spending compares to last month’s, and even income graphs. One unique thing… Read More
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SyndicateRoom today announced a £3.1m ($4.5m) Series A from a number of heavy-hitting angel investors. The round was led by Abcam founder Jonathan Milner, who noted he is excited about the company’s “superb leadership and a brilliant company culture”. Unicorn AIM VCT was the largest investor in this round, putting down a $1.4m bet on the company’s future. Read More
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London-based edtech startup Zzish is on a mission to unlock the potential of apps for learning, by making it easier to first create educational apps and then use them properly in the classroom. Read More
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