Prisma morphs your photos into fine art like Picasso or Mondrian, and it’s blowing up the iOS app charts. Today it came out in unofficial APK beta on Android. But what will be the fate of this red-hot social product? We’ve heard Prisma is in talks with investors about raising funding, but it might make more sense as an acquisition for Facebook/Instagram, Twitter, or Snapchat. When… Read More
from TechCrunch
Sitting in a Tel Aviv office, my interviewee borrowed my iPhone for a simple demo. Inside two minutes, he was displaying my key strokes and web browsing onto a big screen in the meeting room, entirely remotely. I’d heard Israel was a hotbed of security startups — but this was a pretty impressive demo.
Now that startup, Skycure, has secured a $16.5 million funding round for its… Read More
from TechCrunch
To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal and corporate data breaches to credit card… Read More
from TechCrunch
When the partners at Bloomberg Beta — a $75 million seed investment fund — sit down to review how they’re doing, they say they don’t first look at the valuation of their portfolio. Instead, they first take a look at how the founders in the fund are grading them as investors and partners. While paper valuations are always important for any firm, a key metric Bloomberg… Read More
from TechCrunch
If you look at the investment dollars for the last quarter, you might be surprised to see an uptick in deal volume. For all the gripes about sky high valuations and bubble fears, it seems strange to see more money thrown at startups. It turns out that it’s mainly the businesses that have already raised a lot of capital that continued to attract even more. While there was an increase… Read More
from TechCrunch
Lookup, an India-based chat service that connects consumers to local business and is backed by some notable U.S. investors, has been acquired by business discovery service NowFloats, which is also based in India. The deal priced is undisclosed, and Lookup said it will continue to operate independently. Read More
from TechCrunch
Eager to throw its product development into high gear, Postmates snags the team from Hey! inc. The latter best known for its ludicrously viral game Stolen, which was shut down and later reborn as Famous. “The Hey team was introduced to us an investor,” Postmates’ CTO and co-founder Sean Plaice said. “He brought to our attention that the Hey team might be looking for a… Read More
from TechCrunch
aCommerce, a Bangkok-based startup that helps e-commerce companies in Southeast Asia run their businesses, has landed $10 million in new funding ahead of a planned Series B raise later this year. Read More
from TechCrunch
MarketInvoice, which plays in the peer-to-peer lending space by enabling U.K. businesses to raise money from institutional investors and high net worth individuals by ‘selling’ outstanding invoices, has raised a further £7.2 million. Read More
from TechCrunch
In the wake of the historic Brexit vote and the fall of the Pound, the UK is now witnessing its biggest-ever technology exit. Today, Arm Holdings confirmed that Japan’s Softbank Group has offered to pay £24.3 billion ($32 billion) in cash to acquire the company — known for its chip designs for mobile handsets (Apple is a customer) as well as for processors to power… Read More
from TechCrunch