As any fan of Kitchen Nightmares may know, the restaurant business is not for the faint of heart, nor is it likely to generate fat margins. Now, a startup called PlateIQ has raised $4 million in new funding to help restaurants automate accounts payable, and nail all their other accounting work so they can focus, finally, on the food and front-of-house. Eileses Capital led the round… Read More
from TechCrunch
French startup Akeneo just raised a $13 million Series B round led by Partech Ventures, with existing investor Alven Capital also participating. Akeneo is a product information management (PIM) service to manage all information about your products in your stores, online and in your good-old paper catalogs. Read More
from TechCrunch
The iMessage App Store may have its struggles, but one app aimed at bringing group video chat into the iMessage experience is reportedly taking off. Boston-based Smack, the company behind the video chat app called Fam, has raised $1.8 million in funding from a range of investors for its top 25 Social Networking app on the App Store that allows groups to chat with one another via iMessage… Read More
from TechCrunch
Farmers work to feed the world. Yet somehow, corn, wheat and rice sales are still happening at a local level through antiquated paperwork and phone negotiations. Now, an Ottawa-based startup called FarmLead has raised $6.5 million in venture funding to connect grain producers and buyers automatically online, and help farmers get fair prices for what they grow. The platform is something like… Read More
from TechCrunch
Netmarble, one of the world’s top mobile and PC gaming firms, has filed to raise as much as $2.35 billion (2.66 trillion won) through an IPO in its native Korea. The firm said in a filing [in Korean] that it will issue 16,953,612 new shares priced between 121,000-157,000 KRW each (that’s approximately $108-$140) with a view to raising up to 2.66 trillion won ($2.35 billion).… Read More
from TechCrunch
Vodafone India has confirmed that it has reached an agreement to acquire rival Idea Cellular. The deal, which is being painted as a merger, will create India’s largest operator with some 377 million customers. The company revealed it was in talks with Idea Cellular over a deal in January, and the coming-together was announced today. Subject to the relevant approvals, it is expected… Read More
from TechCrunch
Regional media startup Tech In Asia is close to raising as much as $6 million in new funding, three sources with knowledge of the round told TechCrunch.
Singapore-based Tech In Asia’s most recent raise was a $4 million Series C that closed in June 2015, previous funding prior to that was undisclosed. The site was one of the first to cover tech and startup news across Asia since its… Read More
from TechCrunch
Over the past few years we’ve seen a lot of anger. We’ve seen a seemingly sane country cut itself off from mainland Europe and we’ve seen a seemingly beneficent border police force turn angry. We’ve heard that immigrants steal our jobs, kill our people, and bring in drugs and terror. This is wrong. On the pro-side we know that immigrants, as a whole, commit less crime… Read More
from TechCrunch
It’s the first enterprise tech IPO of the year and it’s off to the races. MuleSoft, which helps businesses like Netflix and Spotify with their APIs, closed at $24.75, a 46% premium to its IPO price of $17. This was after pricing above the expected range of $14 to $16. The company was able to raise $221 million in the IPO, but they could have raised a lot more if they priced it… Read More
from TechCrunch
One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More
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