Archives

Huawei CFO Meng Wanzhou Bailed For $7.5 Million In Canada

By Amit Chowdhry ● Dec 12, 2018

Huawei's deputy chairwoman and CFO Meng Wanzhou has been granted bail after getting arrested in Canada earlier this month at $10 million Canadian dollars (about $7.5 million USD).

Business Communications Company Avochato Raises $5 Million

By Dan Anderson ● Dec 11, 2018

San Francisco-based business communications company Avochato has raised $5 million in a Series A round of funding led by Amity Ventures.

Essential Reportedly Acquires Newton Mail Developer CloudMagic

By Noah Long ● Dec 11, 2018

Essential, the mobile phone company founded by Android co-founder Andy Rubin, has reportedly acquired Newton Mail developer CloudMagic.

Apple: How The Platoon Acquisition Will Help Discover More New Artists

By Amit Chowdhry ● Dec 11, 2018

Apple has acquired Platoon, which is a company that helps up and coming artists with music distribution, marketing, and analytics.

Walmart Is Buying Art.com To Build On Its Home Decor Business

By Amit Chowdhry ● Dec 11, 2018

Retail giant Walmart is acquiring Art.com to build on its home decor business. The value of this deal was undisclosed.

Grab Makes $100 Million Investment In OYO To Expand Hotel Service In Southeast Asia

By Dan Anderson ● Dec 11, 2018

Southeast Asia-based ride-hailing company Grab has invested $100 million in OYO.

Santa Cruz-Based Business Intelligence Company Looker Raises $103 Million

By Dan Anderson ● Dec 11, 2018

Santa Cruz, California-based Looker, a company that offers actionable business insights for its customers, has raised $103 million in Series E funding.

Firefly Raises $21.5 Million To Put Ads On Top Of Ride-Sharing Vehicles

By Annie Baker ● Dec 11, 2018

Firefly, a company that is integrating billboards on top of ride-sharing vehicles, announced it has raised $21.5 million in a seed round of funding.

Autonomous Routing Software Company Wise Systems Raises $7 Million

By Dan Anderson ● Dec 10, 2018

Cambridge, Massachusetts-based company Wise Systems announced that it has raised $7 million in Series A funding led by Gradient Ventures.

Utah-Based Customer Experience Platform Company Weave Raises $37.5 Million

By Noah Long ● Dec 10, 2018

Lehi, Utah-based customer experience management company Weave announced it has raised $37.5 million in Series C funding.

London-Based FinTech Company Trustology Raises $8 Million

By Dan Anderson ● Dec 10, 2018

London-based fintech company Trustology has raised $8 million in funding led by Two Sigma Ventures with participation from ConsenSys.

Report: Waymo Could Hit $114 Billion In Revenue By 2030

By Amit Chowdhry ● Dec 10, 2018

Eric Sheridan, an analyst at UBS, has published a report claiming that Waymo could be generating $114 billion in revenue by 2030.

Uber And Lyft Race Towards An IPO

By Amit Chowdhry ● Dec 8, 2018

Lyft announced its plans to go public in 2019. And Uber also reportedly submitted a confidential filing with the SEC to go public as well.

Product Intelligence Company Amplitude Raises $80 Million

By Amit Chowdhry ● Dec 8, 2018

Product intelligence company Amplitude announced that it has raised $80 million in Series D funding led by Sequoia Capital.

Chicago-Based Cryptocurrency Exchange Company ErisX Raises $27.5 Million

By Noah Long ● Dec 7, 2018

Chicago-based cryptocurrency trading platform company ErisX announced that it has raised $27.5 million in Series B funding.

Cupertino-Based Intelligent Automation Company Workato Raises $25 Million

By Dan Anderson ● Dec 7, 2018

Workato, a Cupertino-based intelligent automation company, announced that it has raised $25 million in Series B funding.

Content Infrastructure Company Contentful Raises $33.5 Million

By Annie Baker ● Dec 7, 2018

Content infrastructure company Contentful has raised $33.5 million in Series D funding led by Sapphire Ventures.

Akumina: New Hampshire-Based Modern Intranet Platform Company Raises $7.5 Million

By Noah Long ● Dec 7, 2018

Akumina, a Nashua, New Hampshire-based workplace intranet company, announced that it has raised $7.5 million in Series A funding.

Waymo One: Driverless Taxi Service Pushes Forward

By Amit Chowdhry ● Dec 7, 2018

This week, Waymo announced that its commercial ride-hailing service called Waymo One is publicly rolling out for hundreds of riders.

Berlin-Based Workflow Automation Company Camunda Raises €25 Million

By Dan Anderson ● Dec 7, 2018

Camunda, a Berlin-based open source workflow automation software platform company, has raised €25 million in Series A funding from Highland Europe.

Indianapolis-Based MetaCX Raises More Than $14 Million

By Annie Baker ● Dec 7, 2018

Indianapolis-based MetaCX is a startup in stealth mode that has raised more than $14 million in funding to foster better collaboration between suppliers and buyers of enterprise software.

Pharmacy Tech Company Alto Secures $50 Million

By Noah Long ● Dec 7, 2018

Alto, a pharmacy tech company, announced that it has raised $50 million in Series C funding led by Zola Global and Greenoaks Capital.

Atlanta-Based Pindrop Raises $90 Million To Build On Its Voice Security And Authentication Platform

By Dan Anderson ● Dec 7, 2018

Pindrop, an Atlanta-based voice security and authentication company, has announced it raised $90 million in Series D funding led by Vitruvian Partners.

Google Invests In Japan-Based Machine Learning Company ABEJA

By Dan Anderson ● Dec 6, 2018

Google has invested in a Japan-based machine learning and artificial intelligence company called ABEJA as part of a strategic deal.

Sleep Improvement Company Oura Raises More Than $20 Million

By Dan Anderson ● Dec 5, 2018

Oura Health, a company that has developed a smart ring device to improve sleep, has raised more than $20 million in funding from a number of prominent investors.

Revcontent Brings On Omar Nicola As CEO

By Amit Chowdhry ● Dec 5, 2018

Content recommendation and online advertising company Revcontent has announced that it has hired Omar Nicola as CEO, succeeding John Lemp.

Austin-Based Online Education Company Aceable Raises $47 Million

By Dan Anderson ● Dec 5, 2018

Austin, Texas-based online education company Aceable has raised $47 million in Series B funding led by Sageview Capital.

ResMed To Acquire Propeller Health For $225 Million

By Amit Chowdhry ● Dec 5, 2018

ResMed -- a cloud-connected medical devices and SaaS business solutions company -- announced that it is buying digital therapeutics company Propeller Health for $225 million.

Nasdaq Buys Alternative And Core Financial Data Provider Quandl

By Amit Chowdhry ● Dec 5, 2018

Nasdaq announced that it has acquired Quandl -- which is a provider of alternative and core financial data that pulls from 350 sources and delivers it to more than 30,000 active monthly users.

Audi To Invest €14 Billion In Electric Mobility And Autonomous Driving Initiatives

By Amit Chowdhry ● Dec 5, 2018

German luxury vehicle company Audi announced that it is investing €14 billion in electric mobility, digitalization, and autonomous driving by 2023.