Archives

Advance Is Acquiring Education Tech Company Turnitin For A Reported $1.75 Billion

By Dan Anderson ● Mar 9, 2019

Media company Advance announced that it is acquiring education technology company Turnitin.

Nissan LEAF Hits Electric Vehicle Milestone With 400,000 Sales

By Annie Baker ● Mar 8, 2019

Nissan has announced that the LEAF is the best selling electric vehicle of all time as it passed 400,000 sales.

Airbnb To Acquire HotelTonight

By Amit Chowdhry ● Mar 8, 2019

Airbnb announced it is acquiring the hotel booking platform company HotelTonight. The terms of the deal were undisclosed.

How Austin-Based SpyCloud Is Becoming The Leader In Account Takeover Prevention

By Dan Anderson ● Mar 8, 2019

Austin, Texas-based SpyCloud recently announced it has raised $21 million in Series B funding led by Microsoft’s venture arm M12.

Ola’s Electric Mobility Unit Raises Significant Funding And A Major Deal With Hyundai May Be Coming

By Amit Chowdhry ● Mar 8, 2019

Ola, an Indian ride-hailing company, recently spun out its electric mobility unit and the company may be making a major deal with Hyundai soon.

Sweden-Based Electric Scooter Company Voi Technology Raises $30 Million

By Noah Long ● Mar 8, 2019

Voi Technology, a Sweden-based electric scooter company, has raised $30 million “top up round” from a number of investors.

AirAsia Partners Launches A Venture Capital Fund And Partners With 500 Startups

By Dan Anderson ● Mar 8, 2019

AirAsia's digital venture arm RedBeat Ventures announced it is setting up a new venture capital fund called RedBeat Capital.

Utah-Based Emmersion Learning Buys Perpetual Technology Group And Raises $2.4 Million

By Dan Anderson ● Mar 7, 2019

Utah-based language assessment technology company Emmersion Learning has raised $2.4 million and acquired Perpetual Technology Group.

Lyda Hill Philanthropies Commits $25 Million For STEM, Totaling Over $60 Million

By Annie Baker ● Mar 7, 2019

Lyda Hill Philanthropies has announced that it is committing $25 million to support women in science, technology, engineering and mathematics (STEM).

Boeing Buys Houston-Based Pilot App Company ForeFlight

By Amit Chowdhry ● Mar 7, 2019

Boeing has acquired Houston-based ForeFlight, a company that builds mobile and web-based aviation applications.

Scytale To Accelerate Cloud Service Authentication Adoption With New Funding Round

By Dan Anderson ● Mar 7, 2019

San Francisco-based company Scytale announced it raised $5 million in funding from Bain Capital Ventures, TechOperators, Work-Bench, and Bessemer Venture Partners.

Pennsylvania-Based Eye Care Company MacuLogix Raises $38.7 Million

By Dan Anderson ● Mar 7, 2019

Harrisburg, Pennsylvania-based MacuLogix, a company that equips eye care professionals with the instruments and tools they need to diagnose and treat patients with AMD has raised $38.7 million.

Cloud-Based OS Company Hadean Secures GBP7 Million

By Annie Baker ● Mar 7, 2019

Hadean, the London-based company behind the HadeanOS operating system, has raised GBP7 million in a third round of funding.

Alibaba And Office Depot Partner To Help SMBs Grow By Tapping Into B2B E-Commerce Marketplaces

By Noah Long ● Mar 7, 2019

American office supply retailer Office Depot and Chinese multinational e-commerce giant Alibaba are partnering on a strategic collaboration to help SMBs grow by utilizing B2B e-commerce marketplaces.

How Fictiv Is Democratizing Access To Manufacturing

By Dan Anderson ● Mar 7, 2019

San Francisco-based contract manufacturing platform Fictiv has raised $33 million in Series C funding led by G2VP.

Dubai-Based Lending Platform Beehive Raises $4 Million

By Dan Anderson ● Mar 7, 2019

Dubai, UAE-based fintech and lending company Beehive announced it raised $4 million from Riyad TAQNIA Fund (RTF).

Electronics Payment Company SimplePay Secures $5 Million

By Annie Baker ● Mar 7, 2019

SimplePay, a Sydney, Australia-based electronic payments innovator, announced it raised $5 million.

Mocana To Accelerate The Development Of Its IoT Device Security Platforms With New Funding Round

By Dan Anderson ● Mar 6, 2019

Sunnyvale, California-based Internet of Things (IoT) device security platform Mocana has raised $15 million in funding led by Sway Ventures.

Denmark-Based Independent Review Platform Trustpilot Raises $55 Million

By Noah Long ● Mar 6, 2019

Copenhagen, Denmark-based Trustpilot, a company that builds trust with consumers, has raised $55 million in Series E funding led by Sunley House Capital Management.

The Boring Company Might Gain Approval To Build A High-Speed Tunnel System In Las Vegas

By Amit Chowdhry ● Mar 6, 2019

Elon Musk's tunnel construction initiative The Boring Company has received support from the Las Vegas Convention and Visitors Authority (LVCVA) to build an underground tunnel in Las Vegas.

San Diego-Based Erasca Raises $64 Million To Create New Generation Of Oncology Drugs

By Dan Anderson ● Mar 6, 2019

Erasca, a San Diego-based that is focused on advancing scientific approaches for erasing cancer, has raised a Series A extension bringing the total to $64 million.

Bank Account Service Chime Secures $200 Million At A $1.5 Billion Valuation

By Noah Long ● Mar 6, 2019

Chime, a San Francisco-based bank account service with more than 1 million accounts, has raised $200 million at a $1.5 billion valuation.

Taboola To Buy The Start Division Of Celltick

By Annie Baker ● Mar 6, 2019

Taboola announced that it is acquiring the Start division of Celltick, which is a global leader in mobile discovery and engagement.

Bethesda-Based Predictive Marketing Company WealthEngine Raises $6.5 Million

By Noah Long ● Mar 6, 2019

Bethesda, Maryland-based predictive marketing, analytics, and audience development service WealthEngine announced it went into a credit financing agreement for $6.5 million in growth capital.

How Chicago-Based Tillable Makes It Easier To Rent A Farm

By Dan Anderson ● Mar 6, 2019

Tillable, a Chicago-based service that connects landowners and growers, has been expanding at a rapid pace and it raised $8.25 million in Series A.

New York-Based Insurtech Provider TheGuarantors Raises $15 Million

By Dan Anderson ● Mar 5, 2019

New York based insurtech provider TheGuarantors announced it raised $15 million in Series B funding.

Alphabet’s Chronicle Launches Security Data Platform Called Backstory

By Amit Chowdhry ● Mar 5, 2019

Chronicle, a cybersecurity company that spun out of Alphabet’s X, has launched a new security data platform called Backstory.

Splice Machine To Innovate Its Data Platform With New Funding Round

By Dan Anderson ● Mar 5, 2019

Spice Machine, a San Francisco-based leading data platform for operational artificial intelligence (AI), has announced it has raised $16 million.

Vancouver-Based Cybersecurity Company Cmd Raises $15 Million

By Noah Long ● Mar 4, 2019

Vancouver-based cybersecurity platform company Cmd announced it has raised $15 million in funding led by GV.

Lyft IPO Filing Discloses $911 Million Loss On $2.2 Billion Revenue

By Amit Chowdhry ● Mar 4, 2019

Lyft has filed an S-1 initial public offering with the SEC and the document disclosed revenues, losses, and future strategies.