Cuvva, the Scottish startup that reckons it’s spotted a gap in the market by offering hourly car insurance sold through a mobile app, is set to launch a novel and potentially disruptive new type of car insurance designed for infrequent drivers. It’s well known that many people who own a car drive it less and less these days, especially those who live in a city, and yet conventional… Read More
from TechCrunch
Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when they learned that Cisco was interested in discussing a potential deal, after preliminary talks were abandoned in November. The discussion picked up again last week, and the IPO was slated to price tomorrow. Although many companies seek acquisition offers in the months leading… Read More
from TechCrunch
French startup Spendesk might be just a few months old, but the company is currently firing on all cylinders. Spendesk just raised $2.2 million (€2 million), just rebranded the company, and is about to launch mobile apps and corporate plastic cards for everyone. Let’s start with the funding round. The company started out as an eFounders startup. It is now ready to fly on its own and… Read More
from TechCrunch
If you think it’s frustrating trying to get that last drop of ketchup out of the bottle, or toothpaste out of the tube, imagine having to waste and clean valuable and sticky substances from pipes or tanks in a factory. A startup called LiquiGlide has raised $16 million in a new round of venture funding to bring its patented slippery coatings to manufacturers around the world. Co-founded… Read More
from TechCrunch
It hasn’t even been a year since EquipmentShare raised a Series A round of funding, but the “Airbnb of construction rentals,” has closed a $26 million Series B round. The Columbia, Missouri-based startup helps contractors rent out their under-utilized equipment, or rent safety tested equipment that they need from a fellow contractor. Last year, EquipmentShare also launched… Read More
from TechCrunch
Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable funding news tucked away in its announcement. Koubei, an Alibaba affiliate company focused on enabling local commerce, closed a $1.1 billion financing round this month. The funding was led by Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital, Alibaba said. It isn’t… Read More
from TechCrunch
For end users, an app’s user experience is, essentially, the product. No wonder, then, that app developers are investing more heavily in better user experience toolkits. Fuse is one example. The company aims to halve the development time of complex applications. Today, it announced a $12 million round from Northzone and Alliance Venture to open its toolkits to a wider audience. Read More
from TechCrunch
There’s no shortage of equity crowdfunding sites out there, but GrowthFountain thinks it has the special sauce to cut through the mayhem by thinking close to home. Focusing on investors local (or at least regional) to the investment opportunities, the company in effect formalizes the kind of fundraising you’d do from friends, family and local investors. Read More
from TechCrunch
IBM Security announced this morning that it has purchased Agile 3 Solutions, a San Francisco-based company that helps executives understand cyber-security risks inside a company. Agile 3 has developed a security risk dashboard aimed at showing C-suite executives the level of risk inside their organizations. The acquisition gives IBM another tool in its security arsenal to provide insight to… Read More
from TechCrunch
Tricentis, a startup that helps enterprise development teams automate software testing, got a bushel of money today from Insight Venture Partners — $165 million to be exact. As part of the deal, Insight Managing Director Mike Triplett will join the Tricentis board.
In a traditional software development cycle, developers took months to create and deliver a product. Testing involved… Read More
from TechCrunch