Seoul-based startup AIM has closed $1.6 million in seed funding to bring its artificial intelligence-powered app for financial investments to market in Korea, and potentially other parts of Asia. The fintech company has developed a system which works alongside existing investment institutions to allow users in Korea to make trades and investments via their smartphone. So rather than a… Read More
from TechCrunch
ForesScout has filed confidentially for an IPO, TechCrunch has confirmed. The security company has submitted its S-1 and will be unveiling it to the public closer to its debut. The IPO is likely to happen in the next few months, with an exact date yet-to-be-determined. The JOBS Act from 2012 made it so that the companies could work on revisions to their filings without public scrutiny. It… Read More
from TechCrunch
Online real estate service Knock is finishing up a $32 million Series A round led by RRE Ventures. The new company, founded by former Trulia executives, promises to handle the details of home sales in exchange for the traditional six percent commissions. Unlike legacy sellers, though, Knock promises you market-rate returns on your house in advance. And if, for whatever reason, your… Read More
from TechCrunch
UK property listings site Zoopla is splashing out £120 million in cash (~$150M) on a big purchase of its own — announcing its intention today to acquire real estate analytics firm Hometrack as it looks to expand its data and analytics services. Read More
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The American Civil Liberties Union will learn how to turn the $24 million it raised over the weekend into growth and progress with help from top Silicon Valley startup accelerator Y Combinator. The ACLU will be part of the winter batch of companies in YC, where it will receive mentorship, a network of powerful connections in tech and a chance to present itself to investors on Demo Day.
Y… Read More
from TechCrunch
Qvivr, a Silicon Valley-based FinTech startup originally known for building the SWYP programmable credit card, has raised $5M in Series A funding. The funding was led by Khosla Ventures, with participation from a large multinational Asian bank. The startup was founded in 2014 and originally launched with a pre-order campaign for a hardware product that would let users program all of their… Read More
from TechCrunch
In recent months, streaming media app Plex has expanded its focus from offering tools to organize and stream your home media collection of photos, TV shows and movies, to more directly targeting cord cutters. Related to these efforts, the company has now made its first acquisition, with a deal to bring in the news video service Watchup to its platform. Founded by a former journalist,… Read More
from TechCrunch
SoundHound has been around for 10 years and, before today, had raised around $40 million in financing as its worked to build a massive conversational AI platform.
But today, the company is adding an even more cash to that pile, nearly doubling the amount that it’s already raised with a $75 million round including strategic investors like NVIDIA and Samsung Catalyst Fund, among others. Read More
from TechCrunch
Eventbrite, the billion-dollar event-management platform that some tip for an imminent IPO, has made another acquisition in Europe to build out its presence here, and to move deeper into ticketing services. It has acquired Ticketscript, a startup based out of Amsterdam that offers a popular platform for event organisers to set up and sell tickets online for live events like music… Read More
from TechCrunch
Seedcamp, an early backer of TransferWise, has sold part of its stake in the London-based money transfer startup, in a Secondary dealing that may well represent one of the best European seed exits in recent years that wasn’t an acquisition or IPO. Read More
from TechCrunch