Haptik, a mobile concierge style service in India, has landed investment from domestic media giant Times Internet. The size of the Series B raise was not disclosed, but TechCrunch understands from a source close to the deal that is $11.2 million. Read More
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South China Morning Post (SMCP), the Hong Kong-based media firm, has dropped the paywall on its website after Alibaba completed its acquisition the company. Its physical newspaper and PDF editions will continue to be subscription based. Read More
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Meadow already lets you get prescription for medical marijuana over video chat and order from a nearby shop that delivers. Now it wants to be the backbone of the weed business too. Pot dispensaries can’t use standard point of sale or inventory software because they aren’t compliant with the industry’s strict regulations. So over the last year since graduating Y… Read More
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WordPress sites make up a massive chunk of the Internet, so it’s no surprise that there are also plenty of services that specialize in hosting them. WordPress hosting and management service Flywheel, which focuses on designers and creative agencies, today announced that it has raised a $4 million Series A round led by Kansas City’s Five Elms Capital. This round comes about a year… Read More
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The concept of the Internet of Things is getting a big boost from emerging industries like autonomous cars and robotics, and today Intel announced an acquisition that could help it make sure that its own developments and products in this market are fault-free: it is acquiring Yogitech, a small company based out of Italy that works on functional safety for semiconductors. Terms of the deal… Read More
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After months of rumours that the startup was raising, Jinn, the same-hour ‘shop on your behalf’ delivery app, is disclosing $7.5 million in Series A funding, money that it plans to use to expand to more UK cities — the service is currently in central London and most recently Manchester — and to reach Southern Europe. Read More
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There’s more money for Africa Internet Group (AIG), the Rocket Internet-backed company that became Africa’s first tech unicorn last month when it landed a $326 million investment at a valuation of more than $1 billion. Read More
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Ericsson today announced it has acquired NodePrime, a San Francisco-based startup that helps enterprises manage their data centers. NodePrime came out of stealth last September after the company raised $7 million in seed funding from Menlo Ventures, NEA, Formation 8, Initialized Capital, Crosslink Capital and TEEC Angel Fund. Ericsson also participated in this round and was already using… Read More
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MetaMind, a Palo Alto-based AI startup founded in July 2014, is being acquired by Salesforce. According to a new post published at the company’s website by CEO Richard Socher — a Stanford PhD who studied machine learning, deep learning, natural language processing and computer vision — Salesforce plans to use its technology to “further automate and personalize… Read More
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Xiaomi has furthered its push into India after completing its first investment in the country. The Chinese smartphone today announced it has led a $25 million investment in Hungama, a video and music streaming service that claims 65 million users, and that it will integrate the company’s services into its content platform in India. Read More
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