Debugging startup Backtrace I/O was launched to solve a real problem that its founders faced when they were engineers at adtech company AppNexus — at least according to Backtrace CEO and co-founder Abel Mathew. Mathew told me Backtrace aims to “solve the process of debugging,” something that most companies tackle by “cobbling together very old, outdated solutions”… Read More
from TechCrunch
Facebook’s shadowy Building 8 research facility needs help from academia to invent futuristic hardware. But today’s pace of innovation doesn’t allow for the standard 9-12 month turnaround time it takes universities to strike one-off research partnerships with private companies. Enter SARA, aka Facebook’s “Sponsored Academic Research Agreement”. It’s a… Read More
from TechCrunch
Price f(x), a pricing optimization SaaS, has raised €4 million in Series A funding. Leading the round is Prague-based Credo Ventures, and London-based Talis Capital. Noteworthy, this is the first outside funding the European startup has taken since it was founded six years ago and despite being profitable for the last three of those. Read More
from TechCrunch
A San Diego startup called eSUB Construction Software has raised $5 million in a Series A round led by Revolution Ventures according to President and CEO Wendy Rogers. The company’s cloud-based project management apps help subcontractors track and get compensated for all the work they do on construction jobs. Rogers said, “There’s a saying that subcontractors get paid for… Read More
from TechCrunch
iPrice, an 18-month old e-commerce aggregation service that’s active in seven countries in Southeast Asia, has closed a $4 million Series A funding round. Read More
from TechCrunch
The battle for satellite-powered internet is heating up. Weeks after Tesla asked the U.S. government for permission to launch a service powered by thousands of satellites above the Earth, rival project OneWeb has raised $1.2 billion in new funding to get things rolling as soon as 2019. Read More
from TechCrunch
Thundersoft, a company out of China that designs operating systems for drones and other connected devices, has made an acquisition to drive deeper into automotive technology: it has paid €64 million ($68 million; RMB471 million) for Rightware, a company out of Helsinki that develops graphical user interfaces for connected devices, with a special focus on automotive: its Kanzi product… Read More
from TechCrunch
2016 is almost out but there’s just time to anoint one more ride-sharing unicorn. Careem, one of Uber’s lower profile rivals in emerging markets, has taken a step into the global limelight today after it announced that it has raised $350 million led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC). Read More
from TechCrunch
2016 is almost out but there’s just time to anoint one more ride-sharing unicorn. Careem, one of Uber’s lower profile rivals in emerging markets, has taken a step into the global limelight today after it announced that it has raised $350 million led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC). Read More
from TechCrunch
Memebox, a Y Combinator startup that sells Korean beauty products in the U.S. and Asia, has raised $60 million. The cash is an extension of the firm’s Series C round which initially closed at $65.95 million in August. Read More
from TechCrunch