Israel-based alumni outreach startup Graduway, incorporated as Headhunter Systems Ltd., has acquired Gloucestershire, U.K.-based career mentoring software developer VineUp Ltd., the companies announced Wednesday. The financial terms of the deal were not disclosed. Founded in 2013, Graduway develops software that helps colleges and universities manage communications with their alumni networks. It lists UCLA, Johns Hopkins… Read More »
The biggest cybersecurity investment rounds have been reviewed for 2018 so far, and the top ten leading startups have been identified in this expanding technology sector. According to Channel Web, cybersecurity startups have raised $3 billion in the first half of this year. The first quarter saw $963 million raised, and quarter 2 has brought… Read More »
Back to the Roots, a startup that sells ready-to-grow mushroom kits and other products, has received $4 million in funding to expand its distribution nationwide. The investment was led by Acre Ventures and Scotts Miracle-Gro— the largest lawn and garden company in the world with participation from others. The new funding round will help the… Read More »
The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), in collaboration with the Mastercard Foundation has announced 10 African startups to compete for the 2018 edition of the Zambezi Prize for Innovation in Financial Inclusion. The prestigious competition, awarding a total of $200,000 in prizes, was established in 2015 to… Read More »
Moviebook, a Beijing-based startup that develops technology to support online video services has raised $199 million in series D funding round. The round was led by SenseTime, the world’s highest-valued AI company., with participation by Qianhai Wutong M&A Fund, PAC Partners, Chinese media group Oriental Pearl, and Lang Sheng Investment. Based in Beijing, Moviebook focuses on… Read More »
Content moderator startup TaskUs has raised $250 million from Blackstone Group LP in a deal that values the company at more than $500 million. The funding is a significant move for TaskUs, which had previously raised only $15 million from Navegar, a private equity firm based in the Philippines TaskUs is a business process outsourcing service that moderates content, annotates… Read More »
Mobile video startup NewTV has closed on a billion in new funding in round led by Meg Whitman and Jeffrey Katzenberg, the company has confirmed. The initial raise included investments by all of the major Hollywood studios, a number of independent studios, major technology companies, and strategic partners. The Hollywood studio investors include 21st Century Fox, Disney,… Read More »
A week after Uber shut down its autonomous trucking unit another jumps into the fray. One of Uber’s co-founders Don Burnette, has teamed up with former venture capitalist Paz Eshel to launch Kodiak robotics. Kodiak Robotics, which was founded in April, is coming out of stealth loaded up with venture capital. Kodiak Robotics announced Tuesday it has raised $40 million… Read More »
Internet access is as essential as electricity. It empowers entrepreneurs to start and grow small businesses, farmers to implement precision agriculture, doctors to improve community health and students to do better in school. Microsoft announced eight early-stage startups from the U.S., Africa and Asia selected its third annual Airband Grant Fund. According to Microsoft, these start-ups… Read More »
Aussie-founded blockchain email startup Sendy, which rewards people for engaging with marketing emails, has raised $500,000 in its initial coin offering (ICO) pre-sale. The pre-sale has been led by two crypto funds, New Zealand based Techemy Capital and Australian Apollo Capital, in the lead up to Sendy’s public ICO, planned to open later this year…. Read More »
