Tag: Entrepreneur

PayPal plans $500 million Uber investment

(Reuters) — Online payments company PayPal plans to invest $500 million in Uber Technologies Inc as the ride-hailing firm readies to unveil terms for its initial public offering on Friday, Refinitiv IFR reported. PayPal will invest in Uber through a concurrent private placement at the IPO price, IFR reported on Thursday, citing sources. A financial […]

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Coursera raises $103 million to prepare online learners for the ‘fourth industrial revolution’

Online education giant Coursera has raised $103 million in a series E round of fudning led by Seek Group, with participation from Future Fund and NEA. Founded in 2012, Coursera is one of a number of well-funded MOOCs — massive open online course — to emerge. Coursera partners with universities and other educational institutions to […]

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Hover raises $25 million to turn pictures of homes into 3D models

Hover, a startup developing AI-imbued apps that create customizable 3D models of homes from smartphone photos, today announced that it’s raised $25 million in series C funding from Menlo Ventures, with participation from previous investors including GV (formerly Google Ventures) and Standard Industries. It brings the company’s total venture capital raised to $87 million and […]

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Google Earth Timelapse lands on mobile to show you the planet’s evolution since 1984

Google has announced a handful of updates to the Google Earth Timelapse tool — including its long-overdue arrival on mobile phones. By way of a quick recap, Google announced a partnership with the U.S. Geological Survey (USGS), NASA, and TIME back in 2013 to show satellite imagery of Earth’s changes over a nearly 30-year period. […]

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SoftBank unveils solar-powered internet drone, invests $125 million in Alphabet’s Loon

SoftBank subsidiary HapsMobile, a joint venture established in 2017 by SoftBank and U.S. aerospace company Aerovironment, has announced a partnership with Loon, an Alphabet unit that’s developing a network of balloons that beam internet access to remote areas. HapsMobile will invest $125 million in Loon as part of what is touted as a “long-term strategic partnership,” […]

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How programming languages have evolved: a 2019 primer

Presented by ThoughtWorks For the naysayers, there’s no point in exploring new programming languages. Most languages today are Turing complete — they can implement everything that is implementable — so why learn something new? For self-confessed language geeks like myself that line of argument misses the point. There’s always something interesting and exciting about finding […]

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FullStory raises $32 million to track and analyze digital customer experiences

FullStory, an Atlanta, Georgia-based software company developing a code analytics suite for digital customer experiences, today announced that it’s raised $32 million in series C funding led by growth equity firm Stripes, with participation from Dell Technologies Capital, GV (formerly Google Ventures), Kleiner Perkins, and Salesforce Ventures. It brings FullStory’s total venture capital raised to […]

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How Google is building its huge subsea cable infrastructure

Google announced a milestone in its bid to control the world’s internet infrastructure as its first privately funded international subsea cable touching down in Chile yesterday. The technology titan first revealed the Curie project last January, alongside two other new cables, while touting itself as the “first major non-telecom company” to build a private intercontinental […]

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Credly raises $11.1 million to issue and manage digital badges

New York-based digital credentialing company Credly today announced that it has raised $11.1 million in a series A funding round led by Zoma Capital and the nonprofit Strada Education Network, with contributions from existing investors New Markets Venture Partners, University Ventures, Pearson, Lumina Foundation, Pearson, and Lion Brothers Company. This brings Credly’s total venture capital […]

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Vdoo raises $32 million to secure IoT devices

By 2020, Gartner predicts that there will be more than 20 billion connected devices globally — a number that has some executives worried. In a recent survey conducted by Spiceworks, 90% of IT professionals expressed concern that the influx would create security and privacy issues in the workplace. And in a separate study commissioned by […]

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Eightfold raises $28 million for AI that matches job candidates with employers

It’s tough finding qualified candidates. In the U.S., it takes about 43 days from the time a listing is published to the day a would-be employee accepts an offer, and bringing on a single job seeker can cost upwards of $4,129. Unsurprisingly, 63% of executives in a Gartner survey named talent shortage as the top […]

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Twitter is slowly perfecting the art of inventing nonsensical performance metrics

In its latest effort to innovate around its business model of opacity, Twitter officially today unveiled its latest self-invented metric, dubbed “monetizable daily active usage.” Naturally, this being Twitter, the company decided to retire the more standard Monthy Active User metric during a quarter in which it announced MAUs were actually good, MAUs rose to […]

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Blueshift raises $15 million from Softbank for its AI customer engagement tools

Four-year-old Blueshift, which describes itself as an AI-driven “customer data activation” company, has attracted backing from Japanese conglomerate Softbank. It today announced that it’s raised $15 million in series B funding led by Softbank Ventures Asia, Softbank’s AI-focused early stage fund, with participation from Storm Ventures and Nexus Venture Partners, bringing Blueshift‘s total raised to […]

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Intellimize raises $8 million to optimize websites with AI

What if ecommerce and retail websites could be dynamically, autonomously personalized for every visitor? That’s the idea behind Intellimize, a San Mateo, California-based startup that today announced it’s raised $8 million in series A funding led by Amplify Partners, with Homebrew, Precursor Ventures, and several angel investors participating. Together with a previously unannounced $2 million […]

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Perspectium raises $8 million for cloud data migration services

Perspectium, a San Diego, California-based startup founded six years ago with the goal of simplifying enterprise data and process integration, today announced that it’s secured $8 million in series B funding led by TVC Capital, which brings its total raised to $16 million following an $8 million series A round in May 2017. Founding ServiceNow […]

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Twitter beats expectations with revenue of $787 million, as monthly users rise to 330 million

Twitter has announced Q1 2019 revenues of $787 million — a year-on-year (YoY) increase of around 20%. However, after reporting record $909 million income for the last quarter, this represents a quarter-on-quarter (QoQ) decrease of roughly 14%. Twitter did caution shareholders during its previous earnings call that it expected revenues to drop to between $715 […]

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Winning against bots: How gaming apps can fight back

Presented by Adjust The mobile gaming industry is on course to break records this year – underscored by a recent report showing mobile is far and away the leader in terms of gaming mediums. Mobile games generated $61.3 billion in revenue in 2018, compared with $35.7 billion on PCs and $12.7 billion on consoles. At […]

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Harness raises $60 million to automate continuous app delivery with machine learning

Harness, a San Francisco startup developing a continuous app delivery and release platform for engineering and DevOps teams, today announced that it’s raised $60 million in an oversubscribed series B round co-led by Institutional Venture Partners and GV (formerly Google Ventures), with participation from incubator Big Labs, Menlo Ventures, and Unusual Ventures. It previously raised […]

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Censinet raises $7.8 million for health care vendor risk assessment

Censinet, a Boston, Massachusetts-based startup developing a vendor risk management platform for health care providers, today announced that it has raised $7.8 million in a series A round co-led by HML Venture Partners and Cedars-Sinai, with participation from Schooner Capital, LRVHealth, and Excelerate Health Ventures. This follows a $2 million seed round in September 2017 […]

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