InstaRem, an international remittance payments startup headquartered in Singapore, has raised $5 million in a round led by Vertex Ventures. Read More
from TechCrunch
Today’s Deals – SpoonRocket shuts down amongst on-demand apocalypse
SpoonRocket has just informed its investors it’s shutting down its on-demand pre-made meal delivery service, after failing to raise the necessary capital to go on, according to a source familiar with the letter to investors. [Update: Co-founder Steven Hsiao has just confirmed SpoonRocket’s shut down to me.] The company had actually reached contribution margin positive — it… Read More
from TechCrunch
Today’s Deals – B2B payment service Payoneer acquires Escrow as a Service platform Armor Payments
Payoneer helps businesses and B2B marketplaces move money across borders. It’s one of the biggest companies in this space and its customers include the likes of Amazon, Fiverr, Airbnb, Upwork, and Taboola. Today, the company announced that it has acquired Armor Payments, a digital escrow-as-a-service solution that aims to make B2B payments more secure. There is an obvious synergy… Read More
from TechCrunch
Today’s Deals – Japan’s Gunosy invests $5m in Indonesia-based Kurio, a fellow news reading app
In a case of one news reader app helping another, Japan’s Gunosy has invested $5 million in Indonesia-based Kurio. Read More
from TechCrunch
Today’s Deals – Enterprise security service Skyport raises $30M Series C round led by GV
Skyport Systems helps enterprises keep their data and applications secure by allowing them to host their services in a hardened appliance with embedded security features. The company today announced that it has raised a $30 million Series C round led by GV (the firm previously known as Google Ventures). Cisco Ventures, Thomvest Ventures, Northgate Capital and InstantScale also participated… Read More
from TechCrunch
Today’s Deals – Crate raises $4M seed round for its next-gen SQL database
Crate, the winner of our TechCrunch Disrupt Europe startup Battlefield in 2014, today announced that it has raised a $4 million seed round for its open-source SQL database technology. The round was led by London-based Dawn Capital, which was joined by existing investors Sunstone Capital, DFJ Esprit and Speedinvest. In addition to these, Docker creator and CTO Solomon Hykes also participated… Read More
from TechCrunch
Today’s Deals – FinLeap’s solarisBank to offer Banking-as-a-Platform so startups can ride fintech gravy train
This time the Berlin-based company builder (to use the preferred terminology) is investing and betting on the underlying regulatory and financial technology infrastructure — the picks ‘n’ shovels, if you will — in the form of solarisBank, a fully-licensed digital bank designed to power an array of fintech services. Read More
from TechCrunch
Today’s Deals – Alooma scores $11.2 million Series A to solve data science pain points
Alooma, an Israeli startup that helps companies process and work with big data in real time delivered as a cloud service, announced an $11.2 million Series A round today led by Lightspeed Venture Partners and Sequoia Capital. The product focuses on the people working with data like data scientists and and users with advanced degrees in mathematics and machine learning, rather than… Read More
from TechCrunch
Today’s Deals – InVision acquires Silver Flows, a tool for prototyping inside Sketch
Prototyping suite InVision just announced they are acquiring Silver Flows, a tool that lets developers prototype directly inside Sketch. The acquisition comes just a few months after InVision acquired the code-based design tool Macaw, and is the company’s fourth acquisition to date. Silver Flows, which is currently in private beta, removes the hassle of designing in Sketch then… Read More
from TechCrunch
Today’s Deals – Alibaba-backed logistics firm Cainiao lands funding at a reported $7.7B valuation
Cainiao, a three-year-old Alibaba-backed company specializing in logistics, has confirmed its maiden external funding round from Temasek Holdings and GIC in Singapore, Malaysia’s Khazanah Nasional and China-based Primavera Capital. Read More
from TechCrunch