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Satellite IoT startup Myriota raises $15m

Australian Internet of Things (IoT) satellite technology startup Myriota has announced raising $15 million through a Series A funding round, with Boeing HorizonX Ventures a major contributor. Also kicking in funding were Singtel Innov8 and Right Click Capital. “The fact we have managed to engage such a stellar list of investors doesn’t just underline the… Read More »

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Startup Data Platform MAGNiTT.com Raises $1 Million In Seed Round

MAGNIiTT.com, a Middle East-based data platform for investors, entrepreneurs and corporates in the region, has announced that it has successfully raised close to $1 million in funding from both international and Gulf-based investors. The funds raised will be used to grow the company regionally, as well as expand to other emerging markets. MAGNiTT uses a… Read More »

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SME software startup Employment Hero closes $8 million Series B

Employment Hero, a cloud-based HR, payroll, and benefits startup headquartered in Sydney, has raised A$8 million ($6.2 million) in a Series B funding round co-led by Australian employment marketplace SEEK and existing investor OneVentures. The latest funding round, which was joined by AirTree Ventures and AMP New Ventures, will be used by Employment Hero to… Read More »

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Pandora Acquires Audio Ad Tech Startup AdsWizz

Pandora is set to acquire San Mateo, Calif.-based digital audio ad tech startup Adswizz for $145 million in cash and stock, the company announced Wednesday. After the acquisition, Adswizz will continue to operate independently, but also power Pandora’s digital audio ad sales. “Since I joined Pandora six months ago, I have highlighted ad tech as… Read More »

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Google is reportedly buying light-field camera startup Lytro

According to multiple sources, Google is acquiring Lytro, an imaging startup that specializes in light-field technology. Lytro is the company which became prominent for its light-field technology camera — the original shoot-now-focus-later camera which optically captures an entire scene with infinite depth of field (DoF) using a kind of reverse ray tracing. The capability subsequently… Read More »

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BlackBerry is suing Facebook for patent infringement

BlackBerry is suing Facebook for patent infringement, alleging many of the features of Facebook’s messaging services infringe on BlackBerry patents, the company said Tuesday. “[W]e have a strong claim that Facebook has infringed on our intellectual property, and after several years of dialogue, we also have an obligation to our shareholders to pursue appropriate legal… Read More »

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Athlete optimization startup Whoop raises $25 million

Whoop, a sports performance company whose platform helps athletes and coaches understand the impact of physical strain in order to optimize training and reduce injury, has raised $25 million in a series C round of funding. The round was led by the little-known United Arab Emirates firm UAE71 Capital, with participation from a number of… Read More »

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