Minibar, a marketplace for wine, beer and spirits, has today announced the close of a $5 million Series A round led by Corigin Ventures, with participation from Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures. Minibar launched back in 2013, trying to give liquor stores an ecommerce outlet and users the ability to buy booze with the click of a button. The company… Read More
from TechCrunch
HomeLight was founded in 2012 to connect home owners looking to sell with real estate agents in their area who are likely to close quickly and get the best price for their homes. With its business quickly growing, the company has raised $40 million in new funding led by Menlo Ventures. Read More
from TechCrunch
Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet planes, home services rental bikes, or even phone chargers to name but a few — but how about farming equipment? That’s the case in India, where a startup called EM3 AgriServices is helping rural farmers literally… Read More
from TechCrunch
Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more New York area stores before a… Read More
from TechCrunch
Serverless applications are all the rage right now — and some companies are even leapfrogging containers to go all-in on services like AWS Lambda and Azure Functions. Unsurprisingly, these services are now spawning their own startup ecosystems. IOpipe, coming out of beta today, is an application operations platform (with a current focus on monitoring) for AWS’s pioneering Lambda… Read More
from TechCrunch
Poncho, the betaworks-backed weather service, has raised $2.4 million in seed funding led by Lightspeed Ventures. Poncho launched out of betaworks the same year as Giphy and Dots, and uses SMS and email to bring the news to you in an entertaining way. The premise is simple. Instead of having users seek out their own information via weather apps and being bombarded with numbers like… Read More
from TechCrunch
Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and ecommerce platform operator, The Hut Group (THG). Read More
from TechCrunch
SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss becomes chief product officer. Raine Group and Temasek have stepped in to lead the new Series F funding round of… Read More
from TechCrunch
India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system. The price of the deal is undisclosed. Hike released a short statement late on Friday announcing the acquisition, although it does not appear that the 50-person Creo will continue to work on hardware.… Read More
from TechCrunch
Now is a good time to be in the co-working industry in Southeast Asia, it seems. Barely days after WeWork announced plans to enter the region, which is home to over 600 million people, through the acquisition of Singapore startup Spacemob, now a company that operates like an Airbnb for office space rentals has raised money.
FlySpaces, a startup headquartered in the Philippines, raised $2.1… Read More
from TechCrunch