Today’s Deals – Technology infrastructure launchpad The Fabric raises $15 million

Internet of Things connecting in cloud over city scape. The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif., the new financing came from Verizon Ventures (the investment arm of TechCrunch’s parent company’s parent company) and March Capital Partners, a Los Angeles-based venture… Read More

from TechCrunch

Today’s Deals – TripActions raises $51 million to reward employees who spend less on travel

 It turns out that some employees spend more when they can expense it on a corporate card. But some companies are finding that five-star hotels and fancy dinners can add up when it’s for hundreds or thousands of workers. Several startups have emerged to save corporations money, by rewarding employees with cash and gift cards if they spend less when they travel. There’s Rockettrip… Read More

from TechCrunch

Today’s Deals – Wyoming works to make some crypto tokens exempt from regulation

 Wyoming, a wide-open state with plenty of free wind power, is continuing to be a surprising leader in cryptocurrency legislation. To wit: their recent passing of H.B. No. 0070, a bill that allows the sale of “open Blockchain tokens” to be exempt from regulation and money sending legislation. These tokens are very specific in their use and would more commonly be called… Read More

from TechCrunch

Today’s Deals – Fishbrain, the fishing app and social network, raises $13.5M Series B

 Fishbrain, the Sweden-made mobile app and social network for sport fishing, is disclosing $13.5 million in Series B funding. The round is led by B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, with participation from SoftBank Ventures Korea, and existing investors Northzone, and Industrifonden. Read More

from TechCrunch

Today’s Deals – S&P Global snares Kensho for $550 million

 S&P Global announced today that it will acquire Kensho, a Cambridge, Massachusetts startup that has concentrated on artificial intelligence and analytics for big financial institutions. The total value of the deal is $550 million in a mix of cash and stock. Kensho, which counted S&P Global as a client/partner and an investor, launched in 2013 and has raised $67.5 million, according… Read More

from TechCrunch

Today’s Deals – Atomwise, which uses AI to improve drug discovery, raises $45M Series A

 Atomwise, which uses deep learning to shorten the process of discovering new drugs, has raised a $45 million Series A. The round was led by Monsanto Growth Ventures, Data Collective (DCVC) and B Capital Group. Baidu Ventures, Tencent and Dolby Family Ventures, which are all new investors in Atomwise, also participated, as well as returning investors Y Combinator, Khosla Ventures and DFJ. Read More

from TechCrunch

Today’s Deals – Voicera lands $20 million with help from big-time enterprise investors

 It seems that everyone agrees that meetings are a time suck. There have been many attempts to use technology to make it easier to organize and run them, but Voicera, a Bay area startup, is attacking the problem from a different angle. It wants to make it simpler to record meetings and pull out action items automatically using artificial intelligence. Today, it announced a $20 million Series… Read More

from TechCrunch

Today’s Deals – 12 questions about the future of HQ trivia and its $15M fundraise

 HQ is redefining mobile, creating through its twice-daily trivia games a sense of urgency that pierces the monotony of our social feeds. Now it’s raised a big round of funding to turn its scrappy operation into the Jeopardy from tomorrow. But just like its 12-round games, we’ve got 12 questions (and some answers) for HQ. Read More

from TechCrunch

Today’s Deals – Mighty has raised $9M to build a CRM for legal and medical funders

 What’s better than building a company in a fast growing industry? Building a service provider for all the other companies in that fast growing industry. While Mighty started as a plaintiff financing platform it’s shifted to a a software company that’s building an “operating system for legal and medical founders”. Essentially the startup has created a CRM-like… Read More

from TechCrunch

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