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Data Center Connectivity Startup PacketFabric Raises $25M

PacketFabric, the data center connectivity startup that’s built a software-defined networking platform that stretches across 150 colocation facilities located across the US, has raised a $25 million Series B funding round, provided by its original backer, the healthcare and biotech company NantWorks. PacketFabric’s private Layer 2 Ethernet network is designed for easy, automated connectivity provisioning… Read More »

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Amazon acquires Cambridge-based cybersecurity firm Sqrrl

Amazon’s cloud business has acquired cybersecurity start-up Sqrrl, making it the second Boston-area startup to get scooped up by the Seattle tech giant in as many months. The Information reported that Sqrrl has been acquired by Amazon Web Services, the cloud infrastructure subsidiary of Amazon, citing multiple sources familiar with the deal. Terms of the… Read More »

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Facebook acquires biometric ID verification startup

Facebook has acquired a Boston-based identity verification startup named Confirm that specializes in remotely verifying IDs like drivers licenses. The startup offers an application programming interface (API) that helps verify government-issued identification cards.   Confirm, which was founded in 2015, announced the news in a note on its website. The note said that Confirm’s “current… Read More »

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SmartHR Raises $13m in series B round led by 500 Startups

SmartHR, a startup helping Japanese employers run HR and staffing smarter has raised a JPY 1.5 billion ($13.3 million) Series B round led by 500 Startups Japan. Founded in early 2013 and originally known as Kufu, SmartHR is a cloud-based system that helps businesses to manage and streamline their HR processes. Among other things, it is… Read More »

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Danish startups battle for million-dollar world cup

Over the next few weeks, startups from around the world will be vying to represent their country at the 2018 Startup World Cup competition and the 1 million US dollar reward that comes with it. Danish startups will be battling it out at the regional competition in Denmark from February to April to find a… Read More »

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Startup Battlefield Dubai Application Deadline Approaches

TechCrunch is set to hold its first startup  battlefield in Dubai later this year hosted by Area 2071, The United Arab Emirate’s new innovation hub dedicated to help develop companies looking to solve big challenges around the world. The application window closes on January 25th, 2018 at 9 p.m. PST. That means you have just 24… Read More »

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Data virtualization startup Primary Data set to shut down after raising massive funding

Primary Data, a four-year-old, Los Gatos, Calif.-based data virtualization startup that offers a metadata-driven abstraction layer, is in the process of shutting down after raising a whopping $100 million in equity and debt and attracting the likes of Apple co-founder Steve Wozniak to its management team. An anonymous source also told us: “Primary Data collapsed and… Read More »

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Insurtech Startup Hippo Raises $25 Million in Series B Funding

Hippo Insurance Services, a California-based home insurer announced Monday it as has raised $25 million in a Series B round led by Comcast Ventures, Comcast’s venture capital arm, and Los Angeles-based Fifth Wall Ventures. The deal follows a $14 million investment made in December by Horizons Ventures and joined by RPM Ventures, Propel Venture Partners,… Read More »

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