Pipedrive, a startup co-headquartered in Estonia and New York that offers tools to salespeople to help them close deals that are still in their pipeline, has picked up $50 million to expand its product, develop its business globally and potentially make acquisitions in the CRM space. The Series C financing round was co-led by new… Read More »
MIPS Tech Inc has acquired Wave Computing, one of the myriad Silicon Valley startups designing custom-built hardware for artificial intelligence. The company says the MIPS acquisition will add to the company’s bottom line and will be cash flow positive. MIPS will operate as an independent business unit within Wave and will continue to license IP… Read More »
passengers worried about getting in an accident when riding with Uber or Lyft, a new startup launched an insurance for users of ride-hailing services. RideSafe is a new app that allows passengers to buy accidental medical, death and dismemberment insurance coverage for any rides taken in a 24-hour period. In order to activate RideSafe, users can… Read More »
On Thursday, June 14, Snapchat officially launched its new platform for third-party developers. Known as Snap Kit, developers can now integrate Snapchat features into their own apps — while also keeping user data safe. Snap Kit is separated into four different integration options — which are each their own separate kits. With Creative Kit, users… Read More »
Respiratory illness diagnostic tool Tambua Intelligent Diagnostics has been named winner of the Merck Accelerator Nairobi Satellite Programme, receiving a US$3,000 cash prize and a trip to Merck’s Germany-based Innovation Centre. The Merck Accelerator Nairobi Satellite Programme, hosted in partnership with Mettā Nairobi, saw 10 startups take part in a four-day coaching and mentoring bootcamp… Read More »
Jay Z, Robert Downey Jr, Will Smith and Kevin Durant have added some celebrity glamour to an $11.5 million funding round for insurtech startup Ethos Technologies. The famous names participated through their various investment vehicles in the round, which was led by Sequoia Capital. The new funding will be used to accelerate growth and product… Read More »
Yahoo’s UK arm has been fined £250,000 ($335,000) by the UK Information Commissioner’s Office (ICO) over a data breach affecting more than 500 million users which took place in 2014. The personal data of 500m user accounts worldwide was compromised during a state-sponsored cyber attack in 2014, which was only revealed in 2016. The stolen data… Read More »
On Wednesday, the parenting- support startup announced a $10.5 million Series A round to grow its platform that caters to expecting parents in the workforce. The Series A round, led by VC firm, Greylock Partners, will finance the app’s development and help expand Cleo’s network of prenatal and postpartum experts. “I think employers are seeing… Read More »
Healthtech startup Medici has raised $22 million in series A funding. this was after raising $24 million in funding in November 2016 . The funding was raised by tech investors that included Natie Kirsh of Jetro; Ken Griffin of Citadel; Barry Sternlicht of Starwood Capital; Howard Jenkins of Publix Super Markets; Amit Bhatia of Swordfish; Brett Moody of Moody National;… Read More »
Just weeks ago, electric scooter-sharing startup Bird snagged $150 million in a Series C funding round, giving the startup a $1 billion valuation. That’s on top of the $115 million it raised in March. Now, the company is reportedly raising again and seeking to raise around $200 million in new funding at a $2 billion. This… Read More »
