The FCC has denied a space startup permission to launch a collection of communications satellites after discovering that it had already launched some — after being told not to. Swarm Technologies, a communications startup still in stealth mode and run by Silicon Valley expats—launched four tiny internet satellites into space back in January. That’s a… Read More »
Pipedrive, a startup co-headquartered in Estonia and New York that offers tools to salespeople to help them close deals ...
MIPS Tech Inc has acquired Wave Computing, one of the myriad Silicon Valley startups designing custom-built hardware for...
passengers worried about getting in an accident when riding with Uber or Lyft, a new startup launched an insurance for ...
Respiratory illness diagnostic tool Tambua Intelligent Diagnostics has been named winner of the Merck Accelerator Nairob...
Jay Z, Robert Downey Jr, Will Smith and Kevin Durant have added some celebrity glamour to an $11.5 million funding round...
Co-living Startup HubHaus announced a $10 Million funding round on Thursday. Founded by Shruti Merchant and her cofounder Kerry Jones in early 2016, HubHaus seeks to solve the challenges of co-living management and make it easy for professionals to find community in shared housing. The company rents out large houses, typically with five to 10 bedrooms,… Read More »
Blockchain nodes-as-a-service startup Blockdaemon announced Thursday that the company closed a seed round for $3.275 million led by telecommunications giant Comcast Ventures. This round was joined by a number of enterprise venture capital outfits, including Boldstart Ventures, MState (backed by IBM Corp. and Comcast) and Plug and Play as well as a number of Silicon… Read More »
Stripe, the $9 billion payments-processing startup, has purchased Index, an in-store-payments startup backed by the former Google CEO Eric Schmidt’s venture-capital firm, Innovation Endeavors. Index provides software for in-store payments systems, like the PIN pads you use to pay with a debit or credit card at your local Target or pharmacy. Its biggest claim to… Read More »
Bitt, a Barbados-based blockchain payment startup, has announced a $3 million investment from Overstock’s venture capital subsidiary, Medici Ventures. As part of the new deal, Medici Ventures has agreed to buy additional 8.6 percent stake in Bitt, following a previous $4 million invested by the blockchain VC firm in 2016. In a release published today,… Read More »
New York based startup Bowery Valuation is aiming to bring commercial real estate appraisals — currently an $8 billion market — into the modern era at long last. he nearly three-year-old outfit founded by Noah Isaacs and John Meadows just raised $5 million in seed funding, including from Cushman & Wakefield. In fact, the real estate… Read More »
Magic Leap, a secretive startup working in the augmented reality space, said on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm. The company said it raised $963 million in the series D round, taking the total funding to over $2.3 billion to date…. Read More »
S&P Global Inc. said it would buy technology startup Kensho Technologies Inc. for about $550 million, its second investment in the artificial intelligence sector this year. The deal is the latest sign of Wall Street embracing AI. Almost one-fifth of banks and financial-services companies surveyed by Greenwich Associates have implemented AI technology into their businesses,… Read More »
Baltimore startup TeamPassword was bought by Texas-based data security firm Jungle Disk, according to the companies, which did not disclose the terms. Jungle Disk officials said the acquisition will allow the company to offer additional services to small businesses, including help generating secure unique passwords and easy-to-use password management. The officials pointed to a recent… Read More »
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 »