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 »
Milwaukee based Artificial Intelligence and machine learning technology startup Socialeads has closed a round of seed f...
Singapore-based venture capital (VC) firm Qualgro today announced that it has completed the first close of its US$100 ...
Rwanda and Uganda are emerging favourite destinations in Africa for investment in information and communications technol...
GAIA Bespoke, a one-stop destination for women’s tailor-made Western wear, today made an announcement for its rec...
Dating and networking app Bumble has just announced the launch of the Bumble Fund, a new pot of money focused on early s...
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 »
Snapchat ended the quarter with an average of 188 million daily active users, compared to 191 million at the end of Q1. That’s a drop of 2 percent, or 3 million users, since the last quarter, and marks the first time that user count has dropped in the company’s corporate history. The drop in daily… 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 »
Microsoft’s Airband Grant Fund invests in 8 start-ups delivering internet-connected solutions to rural communities around the globe
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 »
Hyas, an information security startup that identifies and helps take down cybercriminals has raised $6.2 million in a series A round of funding. The funding round was led by Microsoft through its venture capital arm, M12. Other participants include Startup Capital Ventures, 205 Capital, Wesley Clover, and cybersecurity veterans Tim Eades, cofounder of network security firm vArmour,… Read More »
Hostmaker, a home rental management services company, has raised $5 million in venture debt. Silicon Valley Bank led the investment in the startup, which has raised $25 million in total since its founding in 2014. Hostmaker helps to run rentals, such as with housekeeping services, and to market them across platforms such as Airbnb and… Read More »
HR & Payroll solution startup Gusto has raised $140 million in a Series C funding round. The new investment values the company at about $2 billion, twice its valuation from three years ago. The funding round was led by T. Rowe Price Associates Inc., Y Combinator Continuity Fund and General Catalyst. MSD Capital (Michael Dell), Dragoneer… Read More »