Archives

Massachusetts-Based eCommerce Acceleration Platform Yottaa Raises $11 Million In Funding

By Dan Anderson ● Oct 17, 2018

Waltham, Massachusetts-based Yottaa is an eCommerce acceleration platform company that has raised $11 million in funding.

Online Grocery Service Instacart Hits $7.6 Billion Valuation Following $600 Million Investment

By Annie Baker ● Oct 17, 2018

Instacart, an online grocery delivery services company, has announced that it has raised $600 million in a funding round at a $7.6 billion valuation.

Michigan-Based Fusion Coolant Systems Raises $8 Million In Series C

By Noah Long ● Oct 17, 2018

Fusion Coolant Systems, a Canton, Michigan-based company that developed an advanced coolant used in manufacturing, has raised $8 million in Series C funding.

Docker Raises $92 Million In Funding To Grow Its Containerization Business

By Dan Anderson ● Oct 17, 2018

Containerization company Docker has raised $92 million in funding out of a targeted $192 million, according to an SEC filing.

MIT To Invest $1 Billion To Launch The Schwarzman College of Computing

By Amit Chowdhry ● Oct 16, 2018

MIT has announced that it is committing $1 billion to establish the Schwarzman College of Computing to provide an AI and computing curriculum.

TCL Releases An Android-Based Palm Phone For $350

By Noah Long ● Oct 16, 2018

Chinese electronics company TCL has announced that it has released an Android-based Palm Phone device for $350, which has some high-end hardware specs.

Adobe: Full Version Of Photoshop CC Is Coming To iPad In 2019

By Dan Anderson ● Oct 16, 2018

At Adobe’s MAX conference, the company announced that the full version of Photoshop CC will be coming to the Apple iPad in 2019.

India-Based Zomato Raises $210 Million From Ant Financial

By Amit Chowdhry ● Oct 15, 2018

India-based restaurant discovery and delivery service Zomato has raised $210 million in funding from Ant Financial, an Alibaba-affiliated payment company.

Apple Reportedly Acquires Streaming Analytics Company Asaii

By Noah Long ● Oct 15, 2018

Apple has reportedly acquired a music analytics company called Asaii, which could help bolster the Apple Music’s recommendations and analytics.

Hiking App AllTrails Raises $75 Million To Hire More Employees And Expand Overseas

By Noah Long ● Oct 14, 2018

Popular hiking app AllTrails has raised $75 million in funding led by Spectrum Equity to aggressively hire more employees and expand overseas.

Teledentistry Company SmileDirectClub Raises $380 Million

By Annie Baker ● Oct 14, 2018

Nashville-based teledentistry company SmileDirectClub has raised $380 million in funding in its first institutional private placement led by CD&R.

Apple Signs $600 Million Deal With Chipmaker Dialog Semiconductor

By Dan Anderson ● Oct 13, 2018

Apple and Dialog Semiconductor are strengthening its partnership through a technology licensing agreement in a deal valued at $600 million.

Snowflake Computing Raises $450 Million In Growth Funding To Accelerate Expansion

By Annie Baker ● Oct 13, 2018

Snowflake Computing, a data warehouse company built for the cloud, has raised $450 million in additional growth funding led by Sequoia Capital.

RealPage To Acquire Rentlytics For $57 Million In Cash

By Noah Long ● Oct 13, 2018

Property management software company RealPage announced it has acquired Rentlytics for $57 million in cash.

Business Software Review Company G2 Crowd Raises $55 Million

By Dan Anderson ● Oct 12, 2018

G2 Crowd, a review platform for business solutions, has raised $55 million in Series C funding at a valuation of slightly less than $500 million.

Report: Company Behind Bumble Is Looking Into An IPO

By Amit Chowdhry ● Oct 12, 2018

In an interview with Bloomberg, Andrey Andreev, the majority shareholder of Bumble owner Rimberg International, said the company is looking into an IPO.

Business Content Platform Company Egnyte Raises $75 Million From Goldman Sachs

By Noah Long ● Oct 12, 2018

Egnyte has raised $75 million in growth financing from Goldman Sachs in order to accelerate growth and deliver its content platform on a global scale.

Security Orchestration, Automation, And Response Company Demisto Raises $43 Million

By Dan Anderson ● Oct 12, 2018

Security Orchestration, Automation and Response (SOAR) technology company Demisto has raised $43 million in Series C funding led by Greylock Partners.

How Elon Musk Is Helping Bring Clean Water To Flint Schools

By Annie Baker ● Oct 12, 2018

Tesla Motors and SpaceX CEO Elon Musk has made an impact in helping bring clean water to schools in Flint, Michigan by providing a large donation.

MongoDB Is Buying mLab For $68 Million

By Noah Long ● Oct 12, 2018

New York-based MongoDB has announced that it is acquiring mLab for $68 million to deepen its relationship with developer-centric startup communities.

Berlin-Based Pitch Raises $19 Million In Series A To Build A Presentation Tool

By Dan Anderson ● Oct 12, 2018

Pitch, a Berlin-based, startup has raised $19 million in funding to launch a presentation tool like Microsoft PowerPoint, Apple Keynote, and Google Slides.

Mobile Mechanic Company YourMechanic Raises $10.2 Million

By Noah Long ● Oct 11, 2018

Mountain View, California-based YourMechanic, a company that provides mobile car repair and maintenance services, has raised $10.2 million in funding

Lambda School: This Computer Science Academy Invests In Students Instead Of The Other Way Around

By Noah Long ● Oct 11, 2018

San Francisco-based computer science academy Lambda School has raised $14 million in Series A funding led by GV. Stripe also participated in this round.

Loadsmart: AI Freight Booking Company Raises $21.6 Million

By Dan Anderson ● Oct 11, 2018

Loadsmart is an AI freight booking company that has raised $21.6 million in Series A funding led by Maersk Growth.

Dyson’s Airwrap Styler Curls Hair Using A Vacuum Effect Without Causing Heat Damage

By Annie Baker ● Oct 11, 2018

Dyson has spent six years researching and $31 million to create the Airwrap, which is a styler that curls hair using a vacuum effect without extreme heat.

France-Based Cybersecurity Company Acorus Networks Raises Funding To Fight DDoS Attacks

By Dan Anderson ● Oct 11, 2018

France-based Acorus Networks has announced it has raised 5 million euros in funding to help organizations prevent DDoS attacks.

NVIDIA Unveils RAPIDS, A GPU Acceleration Platform For Data Science And Machine Learning

By Amit Chowdhry ● Oct 11, 2018

NVIDIA has announced a new open-source GPU acceleration platform for large-scale data analytics called RAPIDS with several partners on-board.

Brazil-Based Fintech Company Nubank Hits $4 Billion Valuation Following Tencent’s $180 Million Investment

By Annie Baker ● Oct 11, 2018

Nubank is expected to be able to serve tens of millions of customers in Brazil soon with either a checking account, a savings account, or a credit account.

Epic Acquires Anti-Cheating Company Kamu

By Noah Long ● Oct 10, 2018

Fortnite creator Epic Games has acquired anti-cheating company Kamu in order to prevent hackers from exploiting their games.

AI Company Machinify Raises $10 Million To Help Turn ‘Data-To-Cash’

By Annie Baker ● Oct 10, 2018

Machinify -- an artificial intelligence company that turns 'data-to-cash' -- has raised $10 million in Series A funding.