Innovation Archives

Microsoft Partners With General Assembly To Certify 15,000 Workers In AI Training

By Amit Chowdhry ● May 22, 2019

Microsoft and General Assembly have partnered to close the skills gap in the fields of AI. And they will reskill and upskill up to 15,000 workers by 2022.

Chicago-Based The Small Exchange Secures $10 Million From Citadel Securities and Jump Capital

By Amit Chowdhry ● May 22, 2019

Chicago-based futures exchange The Small Exchange has raised $10 million from Citadel Securities and Jump Capital.

International Ticketing Platform Company TodayTix Raises $73 Million

By Dan Anderson ● May 22, 2019

New York-based international ticketing platform TodayTix raised $73 million led by Great Hills Partners.

Technical Interview Platform Company Karat Raises $28 Million

By Annie Baker ● May 22, 2019

Technical interview company Karat announced it raised $28 million led by Tiger Global Management. Norwest Venture Partners and 8VC joined this round.

Specialty Prescription Management Provider Phil Raises $25 Million

By Dan Anderson ● May 22, 2019

Phil Inc., an end-to-end technology platform for distributing and managing specialty prescription drugs -- has raised $25 million in Series B funding.

Charleston-Based AI Talent Intelligence Company ENGAGE Talent Secures $3.5 Million

By Noah Long ● May 22, 2019

Charleston, South Carolina-based AI-Powered Talent Data and Intelligence platform ENGAGE Talent announced it raised $3.5 million.

Cultivation Management Platform Company Artemis Raises $8 Million

By Amit Chowdhry ● May 22, 2019

Leading enterprise Cultivation Management Platform (CMP) Artemis announced it has raised $8 million in Series A funding.

How Solera Health Helps Improve Patient Outcomes At Lower Medical Care Costs

By Amit Chowdhry ● May 22, 2019

Solera Health, a company that changes lives by guiding people to better health, announced $42 million in Series C funding.

AI-Powered Recruiting Company SeekOut Secures $6 Million

By Noah Long ● May 22, 2019

Washington-based company SeekOut recently announced it raised $6 million in Series A funding led by Madrona Venture Group.

How Algorithmia Makes It Easier To Scale And Manage Machine Learning Models

By Dan Anderson ● May 22, 2019

Seattle-based Algorithmia recently raised $25 million in funding led by Norwest Venture Partners

Minneapolis-Based Fintech Company ClickSWITCH Raises $13 Million

By Annie Baker ● May 22, 2019

Minneapolis, Minnesota-based fintech company ClickSWITCH has raised $13 million in Series B led by Commerce Ventures and Point72 Ventures.

How 3Play Media Provides Fast-Turnaround Video Accessibility Services At Scale

By Dan Anderson ● May 22, 2019

3Play Media is a provider of high-quality video accessibility services. This is the story behind the company.

Toronto-Based Fintech Company KOHO Raises $42 Million

By Noah Long ● May 21, 2019

Toronto-based fintech company KOHO has raised $42 million led by Portag3 Ventures as the company is seeing over $500 million in annualized transactions.

CM Group Completes $410 Million In Financing And Buys Vuture

By Annie Baker ● May 21, 2019

CM Group announced it raised $410 million in financing and acquired email marketing company Vuture.

Storr Secures $3 Million And Soars To 30,000 Sellers And 175 Brands

By Noah Long ● May 21, 2019

Online retail marketplace Storr has raised $3 million from Spark Capital bringing the total pre-Series A to $7.8 million.

Auth0 Doubles Revenue YoY And Is Now Valued At More Than $1 Billion

By Dan Anderson ● May 21, 2019

Global Identity-as-a-Service (IDaaS) leader Auth0 has raised $103 million led by Sapphire Ventures at a valuation of more than $1 billion.

Office Optimization Company Robin Raises $20 Million

By Noah Long ● May 21, 2019

Robin Powered announced it raised $20 million in Series B led by Tola Capital.

Al Gore’s Generation Investment Management Closes $1 Billion Sustainable Solutions Fund

By Amit Chowdhry ● May 21, 2019

Generation Investment Management closes $1 billion for its Sustainable Solutions Fund for growth and later stage investments.

American Express Acquiring Resy: Important Details About The Deal You Should Know

By Amit Chowdhry ● May 21, 2019

American Express recently acquired the Resy restaurant booking service. These are the most important details about the deal.

Why SugarCRM Acquired Marketing Automation Company Salesfusion

By Dan Anderson ● May 21, 2019

SugarCRM announced it acquired Atlanta-based marketing automation business Salesfusion.

How Canva Went From A Small PowerPoint Rival To A $2.5 Billion Enterprise Giant

By Amit Chowdhry ● May 21, 2019

Australia-based design company Canva has raised $70 million at a $2.5 billion valuation led by Mary Meeker's Bond and General Catalyst.

Robert F. Smith: Richest Black Man In America Is Paying Off 396 Morehouse Graduate Student Loans

By Amit Chowdhry ● May 21, 2019

Vista Equity Partners founder and the richest black man in America Robert F. Smith is paying off the student loan debt of 396 Morehouse College graduates.

Ikea Partner Invests In India-Based Home Design Company Livspace

By Amit Chowdhry ● May 21, 2019

India-based home design and renovation platform company Livspace announced it received minority investment funding from Ikea partner Ingka Investments.

SaaS Based Employment Analytics Platform Company Criteria Corp Secures $56 Million

By Dan Anderson ● May 21, 2019

SaaS-based employment analytics platform company Criteria Corp has raised $56 million in funding from Sumeru Equity Partners.

The We Company: ARK Real Estate Acquisition Platform To Deploy $2.9 Billion

By Annie Baker ● May 21, 2019

The We Company launched a global real estate acquisition called ARK, which will deploy $2.9 billion in total equity capital.

Synthetic DNA Manufacturing Company DNA Script Raises $38.5 Million

By Dan Anderson ● May 21, 2019

Paris-based DNA Script announced recently that it raised $38.5 million in Series B funding led by Life Sciences Partners (LSP).

Why JPMorgan Is Acquiring InstaMed For $500 Million

By Dan Anderson ● May 21, 2019

JPMorgan Chase recently announced it is acquiring Philadelphia-based healthcare payments company InstaMed for $500 million.

Google Glass Enterprise Edition 2 Arrives With A Price Of $999

By Amit Chowdhry ● May 21, 2019

Recently Google introduced Google Glass Enterprise Edition 2, which features a more powerful multicore CPU and AI engine.

Chevron Partners With EVgo To Bring EV Fast Charging To Gas Stations

By Noah Long ● May 21, 2019

EVgo has partnered with Chevron to roll out fast electric vehicle charging at gas stations starting with several locations in California.

MIT And U.S. Air Force Partner Up To Launch An AI Accelerator

By Amit Chowdhry ● May 21, 2019

MIT and the U.S. Air Force announced a partnership that involves the launch of a new program designed for making advances in AI.