PayPal, the giant digital payments company that was spun off from eBay last year, has had an up-and-down relationship with the business of crowdfunding over the years, but there are some indications that this could change. We’ve been hearing that PayPal was interested in buying GoFundMe — the crowdfunding site that lets people raise money for both serious causes and lighter… Read More
from TechCrunch
mParticle announced today that it has raised $17.5 million in Series B funding. The New York City startup helps marketers collect user data through a variety of services and then funnel that data to other marketing and analytics tools. Co-founder and CEO Michael Katz said this not only reduces integration challenges and technical difficulties, but also helps businesses get a more unified view… Read More
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This morning, fintech startup Affirm announced a new $100 million credit line from Morgan Stanley. The money will go directly to supporting the company’s current financial products that help customers purchase goods and spread their expenses over a period of time. Morgan Stanley is not the first institutional lender to issue a line of credit to the company. In May of 2015, Affirm closed… Read More
from TechCrunch
It looks like those Yahoo 500 million hacked accounts may affect its sale to Verizon (TechCrunch’s parent). At a company public policy roundtable in DC this afternoon, Verizon general counsel Craig Silliman said: “I think we have a reasonable basis to believe right now that the impact is material and we’re looking to Yahoo to demonstrate to us the full impact. If they… Read More
from TechCrunch
Hyperloop One is getting even cozier with its partners in the United Arab Emirates. The futuristic transportation system that aims to ship things and people faster than a speeding plane just pulled in $50 million in strategic investment from DP World Group of Dubai, bringing up the total now raised to $160 million.
DP World Group is the third largest ports operator in the world and has… Read More
from TechCrunch
It’s been a good week for Science, a five-year-old, L.A.-based startup studio that’s known for both funding nascent startups and incubating them, including FameBit, a three-year-old outfit that helps marketers connect with digital influencers and which sold on Wednesday to Google.
Science was the majority owner. FameBit was the firm’s third exit of the year… Read More
from TechCrunch
Pluto TV, a video streaming service targeting cord cutters by offering a TV- guide like experience that connects you to hundreds of online channels, has raised $30 million in Series B funding, valuing the business at $140 million. The new funding comes from ProSieben of Germany, one of Europe’s largest independent media companies, and lifestyle media company Scripps Networks Interactive. Read More
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ComplyAdvantage is a London-based startup that claims to use artificial intelligence and machine learning to help firms manage compliance obligations and at reduced cost. Read More
from TechCrunch
Headed up by Kaidi Ruusalepp, who was previously CEO of the Nasdaq Tallinn stock exchange, Estonia’s Funderbeam is on a mission to build what she calls a “funding and trading engine for growth companies”. Read More
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Noodle Partners Inc., a new education venture from the founder of The Princeton Review and 2U Inc., John Katzman, has raised $4 million in venture funding to help colleges and universities deliver high-quality certificate and degree programs online. Philadelphia-based Osage Venture Partners led the investment in Noodle Partners and was joined by New Markets Venture Partners, 500 Startups… Read More
from TechCrunch