An individual or group recently used a questionable LinkedIn profile to scam a little over $2 million from more than 1,000 investors sinking funds into a fake initial coin offering (ICO). The offering supposedly helped fund a startup called Giza Device Ltd. that was developing a device to store cryptocurrencies. The ICO took place in… Read More »
Fintech company Drip Capital said it has so far raised $20 million in funding through several tranches in two rounds. Th...
India Accelerator a launch pad for early age technology startups in association with Global Accelerator Network (GAN) ha...
Goldman Sachs will invest $500 million into companies led, founded or owned by women. The program will also help client...
A couple of weeks ago, we wrote about a rumor that was going round about instagram launching a feature to host curated,...
Facebook announced a series of changes to its live-streaming, notably an HQ Trivia-like game-show platform, aimed at ...
Salesforce is set to buy CloudCraze, an enterprise e-commerce solution built on its cloud-based customer relationship management platform. Based in Chicago, CloudCraze announced on its site that it’s signed a definitive agreement to be acquired by Salesforce. The deal’s financial details were not disclosed. According to Crunchbase, CloudCraze received $30.6 million in funding, including a… Read More »
SOHO, the property discovery and management app that is building an online property network, has raised S$$1.71 million (US$1.3 million) to accelerate product development and more than double the team at their Singapore headquarters. The real estate startup, which launched in September last year, received investment led by Australia-based fund Bridgelane Capital, bringing the total… Read More »
Israel-based serverless applications monitoring startup Epsagon Ltd. raised $4.1 million in a seed round, the company announced Wednesday. California-headquartered venture capital firm Lightspeed Management Company LLC, Israel-based StageOne Ventures and Israeli serial entrepreneur Ariel Maislos participated in the round. Based in Holon, a town in the Tel Aviv metropolitan area, Epsagon was founded in 2017… Read More »
Artificial intelligence is quickly becoming an integral part of every tech company’s strategy, so it’s no surprise that big firms are ramping up their acquisition of AI startups. M&A activity has already seen a fivefold increase in the number of AI startup acquisitions — from 22 in 2013 to 115 in 2017. While the race is far from… Read More »
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 »
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 »