Social payments app Verse has closed a $20.5 million Series B round of funding from its existing investors. The round is led by Spark Capital, with eVentures and Greycroft Partners also participating. It raised its Series A in October last year, when it took in $8.3M. Read More
from TechCrunch
The business of hacking has dealt a huge blow to our democracy, not to mention a plethora of organizations and individuals, and our collective sense of sanity. One silver lining, however, has been that it has led to the emergence of a number of security startups that are building and deploying a range of tools to try to track and stop the nefarious activity. One of the bigger of… Read More
from TechCrunch
Appear Here, the marketplace for short-term retail space that originally launched to ride the ‘pop-up’ shop craze, has raised $12 million in Series B funding. Read More
from TechCrunch
The era of unicorn startups has created a distorted view of entrepreneurial success. All the talk about billion-dollar exits has inflated the numbers that define a win. Starting and selling a company for $100 million dollars is an outlier event in terms of pure entrepreneurial probability, but such outcomes are viewed as well short of success in many corners of today’s startup world. Read More
from TechCrunch
Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More
from TechCrunch
What DefinedCrowd offers isn’t particularly easily to distill into a quick elevator pitch. Taking the stage today as part of the Disrupt New York Battlefield, the Washington state-based company deals in complex concepts of machine learning, providing rich data sets for speech and natural language processing systems. Read More
from TechCrunch
Nexla, a competitor in the TechCrunch Disrupt Battlefield this week in New York City, has more on its plate than simply impressing the judges. It also chose to launch at the event and, while it was at it, announced $3.5 million in funding led by Blumberg Capital with participation from Storm Ventures, Engineering Capital and Correlation Ventures. Read More
from TechCrunch
Tile, the company that makes connected devices – which you add to keychains, bags, suitcases, laptops, or keep in your wallet in order to track items when they go missing – today announced it has raised a Series B-1 round of new funding, led by Bessemer Venture Partners. In addition, Tile noted it has now hit two major milestones for its business: $100 million in revenue in 2016,… Read More
from TechCrunch
IPO pops, who makes off with the money and leaving money on some damn table. Read More
from TechCrunch
By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration. That connectivity will allow drivers to tap into life-saving safety features and make self-driving cars a reality. But it also makes vehicles vulnerable to malicious hackers. Read More
from TechCrunch