Rocket Internet, the publicly-listed German company builder and investor, has quietly launched a new startup in Berlin called Pflegetiger (“care tiger”), joining a host of other upstarts entering the huge and potentially lucrative home care services market. Read More
from TechCrunch
The venture arm of Caterpillar Inc., a major manufacturer of construction and mining equipment, has invested in San Francisco drone tech startup Airware. Rather than make its own unmanned aerial vehicles, Airware has focused its efforts around providing software and services that help large enterprises use drones throughout their operations. Airware’s cloud-based software helps… Read More
from TechCrunch
I was excited by the promise of Xnor.ai and its technique that drastically reduces the computing power necessary to perform complex operations like computer vision. Seems I wasn’t the only one: the company, just officially spun off from the Allen Institute for AI (AI2), has attracted $2.6 million in funding from its parent company and Madrona Venture Group. Read More
from TechCrunch
Salesforce has made another acquisition that underscores how the CRM and cloud software giant is looking to sell more services to its customers that complement the software they are already buying. It has acquired Sequence, a user experience design agency based out of San Francisco and New York that works with brands like Best Buy, Peets, Apple, Google and many more. The news was announced… Read More
from TechCrunch
GoldenKey, which was previously known as SoloPro, wants to change how real estate agents and their clients do business. Typically, as a buyer or seller, you work with one agent, who then gets a three percent commission once you buy or sell your home. GoldenKey puts a different spin on this. Instead of a commission, you pay an agent a Typically, as a buyer or seller, you work with one agent,… Read More
from TechCrunch
Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS. It pulled that from 1.86 billion monthly users, up 3.91% this quarter, or 70 million users, from 1.79 billion, but at a slower pace than its 4.67% growth last quarter. Mobile now makes up 84% of its ad revenue, the same as last quarter, accounting for $7.248 billion.
Facebook blew past analyst… Read More
from TechCrunch
ClearMotion, a company that’s building an alternative chassis for vehicle makers which replaces traditional physical shock absorbers with digital, software-driven adaptive actuators, has readied $100 million in a Series C round, led by a group of clients advised by J.P. Morgan’s asset management wing and with participation from NEA, Qualcomm Ventures and more. The company claims… Read More
from TechCrunch
Online lending firm SoFi announced today that it has acquired Zenbanx, a startup that offers up banking, debit, payments and money transfer services to users online and through a mobile app. The combination of the two will allow SoFi to move deeper into the financial lives of its customers. While today it focuses on student loan refinancing, mortgages and personal loans, integrating… Read More
from TechCrunch
DigitalBridge is a U.K. startup based in Manchester and backed by John Lewis via the 150 year-old apartment store’s accelerator. The company is taking a different and, on the surface at least, simpler approach to letting you “try on” home décor products before purchasing. Read More
from TechCrunch
Popular video app Flipagram is getting acquired by Chinese company Toutiao for an undisclosed amount. Flipagram was once a social media darling but the startup has been quiet recently. Flipagram will remain an independent product for the time being and the team will stay in its own office in the U.S. Recode first reported that Flipagram was looking for a buyer. Flipagram had raised a big… Read More
from TechCrunch