Spanish startup Red Points has closed a €2 million (~$2.2M) funding round to grow usage of its piracy detection and removal SaaS by expanding from Europe into new markets, including North America. It’s also intending to broaden its customer focus. Read More
from TechCrunch
French startup Zenly has raised $22.5 million over the summer from Benchmark and a few other investors. Business Insider first reported the round and TechCrunch got an official confirmation. Here’s what we know.
Benchmark is leading the round with Peter Fenton joining the board of the company. Fenton has invested in a few social network companies and also is a board member of Twitter. Read More
from TechCrunch
If you combined the fastest and slowest types of social media, the result could be both must-see and never-forgotten. YouTube lacks short-form, frequently updated content, but is synonymous with video and that popularity brings in lucrative ads. Twitter is struggling with growth and monetization, but it’s the pulse of the planet, generating tons of real-time content and engagement.… Read More
from TechCrunch
Freight forwarding is a multi-trillion industry, but most people don’t even know what those words mean. It’s the business of moving boats, trucks, and planes full of stuff across the world that’s recently been neglected by technology. Read More
from TechCrunch
Inverse, a new-ish digital media startup founded by Bleacher Report’s Dave Nemetz, is announcing that it has raised $6 million in Series A funding. The Inverse site launched in August 2015 and covers a mix of science, technology and entertainment news — as I write this, the front page features stories on astrobiology, future cities and The Simpsons. Nemetz told me the goal is to… Read More
from TechCrunch
FreshDirect, a popular online grocery service on the East Coast, is arming itself with $189 million in additional funding. The round was led by J.P. Morgan Asset Management, with W Capital and AARP Innovation Fund investing as well. The new capital will be used to help FreshDirect build up its “manufacturing capacity” and “open up some new geographies,” according… Read More
from TechCrunch
Didi Chuxing, China’s largest ride-hailing company, may be about to get into bicycles. Bike sharing, to be precise. The company, which is in the process of finalizing its acquisition of Uber’s business unit in China, today revealed that it has invested in bike-sharing startup Ofo. Read More
from TechCrunch
The company behind iconic music magazine Rolling Stone has sold a 49 percent share in the business to a startup from Singapore in a bid to grow its international reach. Read More
from TechCrunch
The coffee wars of San Francisco are back on! We’re now hearing from sources that Blue Bottle is raising a big round of financing a little more than a year after it raised a whopping $75 million. We don’t know the exact amount, but given the immense (and at times odd) interest in coffee from investors in Silicon Valley, it wouldn’t be surprising if it would be approaching… Read More
from TechCrunch
Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41% on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market, following the dismal performance of last year’s tech stocks. But the few that went public this year have mostly done very well. Twilio has… Read More
from TechCrunch