CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total, the company has… Read More
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Bango, the U.K.-based mobile payments company that provides tech to enable consumers to charge app store purchases directly to their phone bill, has acquired the U.S.-based carrier billing service BilltoMobile from Danal Inc. Read More
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Swedish edtech startup DigiExam, which also has offices in the U.S. and U.K., offers software-as-a-service for academic testing and grading. It enables students to take tests digitally and in turn teachers to grade the results more efficiently. Read More
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Alibaba has broken the seal on its startup fund for Hong Kong after it backed its first three companies in undisclosed deals. The companies are unsurprisingly in the e-commerce space: Yeechoo is online fashion store focused on renting not buying, Shopline helps online sellers use the internet for marketing, while GoGoVan is delivery on-demand. Read More
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It takes some serious engineering magic to build low-latency group mobile video chat and simultaneous content viewing. That’s why Sean Parker’s recently relaunched video chat room app Airtime acquired vLine, which offered video chat infrastructure to SaaS companies. Founded in 2010, vLine was backed with $1.5 million from Kleiner Perkins and Harrison Metal. vLine’s team will… Read More
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eBay announced today that it is acquiring Expertmaker, a Swedish company that specializes in analysis of big data with a machine-learning twist. Read More
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Via bills itself as an ‘on-demand transit company’ and in some ways is competing with Uber, specifically within the city carpooling space. Today the company announced $100 million in Series C funding, when actually only $70 million of that has closed, with, we’re told, another $30 million in strategic investment to come in coming weeks. Who that will be from, Via… Read More
from TechCrunch
Thingthing has built an iOS app focused on amping up user productivity by decreasing the amount of app switching users have to do by loading productivity-focused additional functionality right into the keyboard… Read More
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There has been no shortage of thoughtful articles exploring a bubble in technology. I would argue that the world has already been transformed, and there is no bubble in the purest sense. Instead of massive flameouts that leave everyone burned, I think we are going to see a wave of beneficial consolidation and rationalization in industries that appropriately have seen exceptional venture… Read More
from TechCrunch
With the rise and rise of messaging (I have at least six messaging apps on my phone and counting), tech companies are piling into the space. Many are trying to shoe-horn ‘chat bots’ into behaving like they are capable of customer service. Facebook Messenger, Kik, Twitter, Skype, Telegram, and WhatsApp have all announced such services. But as others have pointed out, we are nowhere… Read More
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