Income inequality and disparity in resource distribution have drawn a lot of attention recently in the United States. Today, we’ll investigate a variation on the theme, exploring the distribution of a specific resource, venture capital funding, across a particular population, in this case, all U.S.-based technology companies founded in or after 2003 with at least one recorded funding round. Read More
from TechCrunch
Airbnb — the peer-to-peer platform where people rent accommodation and now do other travel-related business — has made an acquisition to expand its platform and how it works with developers to build services on it. It has acquired Deco Software, which had developed an integrated development environment (IDE) to build React Native apps, specifically with the aim of developers… Read More
from TechCrunch
L.A.-based venture firm Fifth Wall Ventures invests in startups that are benefiting from changes in the real estate market, and they turned to the country’s largest real estate companies to fund it. Read More
from TechCrunch
This morning Orbital Insight, a geospatial analytics startup, announced that it had completed raising a $50 million Series C round of financing from Sequoia. The fresh capital brings the company’s total fundraising to $78.7 million. Orbital Insight generates analytics for businesses using satellite imagery and other data. A product of deep learning and more readily available… Read More
from TechCrunch
Relive, a Dutch startup that has been flying a little under the tech media radar until now, might just be onto something. Inspired by the experience of its founders during a cycling trip whilst on holiday in Tenerife early last year, the company turns activity data, such as that garnered from devices made by Strava or Garmin, and combines this with photos you’ve taken to create 3D… Read More
from TechCrunch
When Bitfusion launched in 2015, its focus was on helping developers speed up their applications by giving them pre-compiled libraries that made better use of GPUs, FPGAs and other co-processing technologies. That was then. Today, the hottest market for these technologies is in training deep learning models. Unsurprisingly, that’s exactly what Bitfusion is focusing now. Read More
from TechCrunch
After two years of wooing, Angie’s List has finally agreed to be acquired by IAC. After the deal closes, Angie’s List will combined with HomeAdvisor, IAC’s home services marketplace, into a new public company called ANGI Homeservices. Read More
from TechCrunch
Between Thumbtack, Yelp, Angie’s List and Amazon, it wouldn’t appear that the world needs a new platform that matches customers with service professionals. That’s not the way Julio Vasconcellos sees it, clearly. Vasconcellos has spent the last year-plus working on a services platform called Prefer. Read More
from TechCrunch
By this time last year, one tech company had gone public. there was one. Already this year, nine tech companies have gone public on U.S. exchanges. Needless to say, public exits are looking up. That comparison becomes starker when you compare SecureWorks, 2016’s first IPO, to Snap, which went public in 2017. SecureWorks priced under range, and it has since fallen nearly 38 percent from… Read More
from TechCrunch
Jive, a community collaboration software company that was one of the biggest Enterprise 2.0-era success stories, going public in 2011, announced today it had agreed to be acquired by ESW Capital’s Wave Systems for $462 million. It will become part of the Aurea family of companies.
In the end, it was a kind and healthy exit for Jive shareholders. ESW paid $5.25 a share to purchase the… Read More
from TechCrunch