KFit, a nine-month-old service offering gym and healthcare services in the style of $400 million-valued ClassPass in the U.S., has announced that it closed a $12 million Series A funding round to move into new verticals. Read More
from TechCrunch
Companies
Today’s Deals – Silicon:Safe Bags $1M Seed For Its Hardware Fix For Bulk Password Theft
Sony Pictures. Ashley Madison. Twitch. Patreon. Dropbox. Snapchat. LinkedIn. Last.fm… Those are just a handful of the companies that have suffered massive password-related breaches in recent years. Bulk password theft is the scourge of our digital times. Read More
from TechCrunch
Today’s Deals – Our 2016 Predictions For The IPO Market
2015 was not a good year for IPOs — it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to remain private for longer periods of time. And while we haven’t seen any tech IPOs in 2016 yet, eventually, companies need to go public — if only to raise additional financing to continue operating. We’re starting to… Read More
from TechCrunch
Today’s Deals – Cronofy, The Calendar API Helping Businesses Keep Customer And Staff Diaries In Sync, Scores $1.6M
Cronofy, the U.K. startup that offers a calendar API to help businesses and their customers synchronise calendars, has raised a $1.6 million seed round led by Firestartr alongside Amsterdam-based venture capital firm henQ. Read More
from TechCrunch
Today’s Deals – Singapore’s RedMart Is Raising $100M To Expand Its Online Grocery Service In Asia
Singapore-based online grocery company RedMart is close to raising a massive $100 million Series C round to expand its service across Asia. Two sources with knowledge of the deal confirmed to TechCrunch that the new funding is expected to close in the next one or two months. Read More
from TechCrunch
Today’s Deals – BirdEye Swoops In On $8 Million Series A
BirdEye, a software company focused on helping its clients improve their business reputations and customer experiences in real time, has raised $8 million in Series A funding led by Trinity Ventures. Plenty of Silicon Valley luminaries also piled into the round, including Salesforce CEO Marc Benioff; Yahoo co-founder Jerry Yang; Square’s project engineering lead Gokul Rajaram; Kevin… Read More
from TechCrunch
Today’s Deals – Nigerian Fintech Company Interswitch Could Become Africa’s First Public Startup Unicorn
Africa’s first billion-dollar tech IPO on a major exchange may be imminent. Read More
from TechCrunch
Today’s Deals – MIT Spinout Insurify Raises $2 Million To Replace Human Insurance Agents With A Robot
Insurify, a startup out of MIT, today announced the launch of Evia (Expert Virtual Insurance Agent), an artificially intelligent virtual insurance agent that aims to find you better car insurance using a photo of your license plate. The company recently pulled in $2 million in seed from Rationalwave Capital Partners to create EVIA and launch its robo-agent platform. “We barely have time… Read More
from TechCrunch
Today’s Deals – Balderton-Backed In-App Ad Platform Tapdaq Bags $6.5M Series A
London based in-app ad platform Tapdaq, which provides indie and mid-sized app developers with an option for driving app installs by selective cross-promotion of other devs’ apps, has announced a $6.5 million Series A round, with investment coming from BGF Ventures, Balderton Capital, Spring Partners and Open Ocean Capital. Read More
from TechCrunch
Today’s Deals – Fraud Prevention Service Pindrop Raises $75M Series C Round Led By Google Capital
Pindrop helps businesses avoid getting scammed on the phone by analyzing both the audio of a call and the metadata it has about a caller. After raising a total of $47 million since its launch in 2012, the company today announced that it has raised a $75 million Series C round led by Google Capital. Other participants in this round include Google Ventures, Citi Ventures, and Felicis Ventures,… Read More
from TechCrunch