Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too. A class-action lawsuit has been filed on behalf of shareholders by law firm, Bragar Eagel & Squire. They are alleging that Blue Apron failed to adequately disclose material information. The information in… Read More
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Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs. Read More
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Despite countless attempts and millions in venture capital, the calendar, one of the most ubiquitous work tools, has remained largely unchanged for as long as I can remember. Rather than overwrite the calendar in an effort to make it obsolete, Ahryun Moon and Jasper Sone, co-founders of GoodTime, are putting the calendar front and center — embracing it as a means of understanding… Read More
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Capital Float, which claims to be the largest online lending platform in India, announced today that it has raised a $45 million Series C led by Ribbit Capital. Returning investors SAIF Partners, Sequoia India and Creation Investments also participated. Read More
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eMoov, one of a number of online real estate agents fighting it out in the U.K., has picked up £9 million in new backing. The round was led by consumer investment group JXC Ventures, with participation from existing investors Episode 1 VC, Maxfield Capital, Spire and Startive Ventures. Read More
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German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility data services. The deal was announced in June with little fanfare and it is officially undisclosed, but a source told TechCrunch that it is around the SG$40 million mark —… Read More
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In an announcement about a set of new discovery tools, Amazon-owned video game streaming site Twitch also unveiled that it recently acquired Palo Alto-based video indexing platform ClipMine. The startup’s technology is now being put to use to translate visual information in videos – like objects, text, logos and scenes – into metadata that can help people more easily find… Read More
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Every year Americans apply for more than 250 million new financial products each year, but the majority of those applications are completed on paper or over the phone. A startup called Original Tech wants to change that, by providing white-label software to improve loan applications completed online. Read More
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You don’t have to be rich or T-Pain to be “on a boat”. You can rent one plus a captain for the day from Boatsetter. And now it’s got boats in over 300 locations around the U.S. since it just acquired rival maritime marketplace Boatbound. Boatsetter will be taking select talent from Boatbound plus logistics tech and its inventory of vessels for rental. A source… Read More
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You’ve probably had the experience of going to a website and seeing a lot of content that’s not really relevant. For the most part, a lot of this is organized in a way that’s either pre-defined or based on a limited number of signals that aims to sort of personalize the experience for a normal user. But as time goes on and the competition for eyeballs continues to heat up,… Read More
from TechCrunch