Tag: Entrepreneur

Actually, engineers are the perfect tech CEOs

It has been Silicon Valley’s leadership template for decades — talented young engineers create something that resonates, scale it up, and find themselves as chief executive at the helm of a ship that is larger than they could possibly have imagined. Now, after an era of moving fast and breaking things, a generation of developer-CEOs […]

Read More

Sphero acquires modular electronics company LittleBits

Sphero, the nine-year-old Colorado-based company best known for its lineup of programmable robots, this week completed a major acquisition that catapults it to the top of the burgeoning science, technology, engineering, arts, and math (STEAM) product market. Today, the company announced it has purchased New York City-based modular electronics startup LittleBits for an undisclosed sum, […]

Read More

SpotHero raises $50 million to bring underutilized parking spaces online

Chicago, Illinois-based parking inventory and booking startup SpotHero today announced that it’s secured $50 million in a series D round led by Macquarie Capital, bringing its total raised to date to $118 million. CEO and cofounder Mark Lawrence said the round, which saw participation from investors Union Grove Venture Partners, Insight Venture Partners, Global Founders […]

Read More

Drop raises $44 million to reward loyal shoppers with gift cards

Drop, a coalition customer loyalty company headquartered in Toronto, Canada, today announced that it’s raised $44 million in series B funding led by HOF Capital, with participation from New Enterprise Associates (NEA), Sierra Ventures, and Royal Bank of Canada. The fresh funds come after a $21 million series A round in January 2018, and they […]

Read More

Splunk acquires cloud monitoring platform SignalFx for $1.05 billion

Splunk, which provides operational intelligence software that monitors, reports, and analyzes real-time machine data, today announced a definitive agreement to acquire SignalFx, a cloud monitoring platform for infrastructure, microservices, and apps. Under the terms of the arrangement, Splunk will plunk down approximately $1.05 billion for SignalFx, 60% of which will be in cash and the […]

Read More

Why financial services companies need to invest in voice and chat (VB Live)

Presented by Envestnet | Yodlee Voice-enabled digital assistants are on the rise — and financial services companies should start investing. Join this VB Live event to learn how this important tech can be effectively used to drive digital engagement, streamline customer communications, and build revenue and more.  Register here for free! There’s a reason that […]

Read More

Knotel raises $400 million to lease and manage coworking spaces

Knotel, a New York startup that designs and operates bespoke spaces for brands, today announced that it’s secured $400 million in funding at a valuation of $1 billion led by Wafra, an investment arm of Kuwait’s Sovereign Wealth Fund, with participation from Mori Trust, Itochu, and Mercuria. The capital infusion brings its total raised to […]

Read More

TapClicks raises $10 million to automate marketing campaigns

TapClicks, which describes itself as a marketing tech company for agencies, media organizations, brands, and enterprises, today announced that it’s raised $10 million in equity financing from Boathouse Capital, bringing its total raised to date to nearly $30 million. CEO Babak Hedayati said the fresh capital will be used to develop and incorporate predictive analytics, […]

Read More

Fund That Flip raises $11 million to finance home makeovers

Fund That Flip, a New York- and Cleveland, Ohio-based marketplace lender of residential real estate loans, today announced that it’s secured $11 million in funding from Edison Partners. Founder and CEO Matt Rodak said that the capital infusion, which brings the startup’s total raised to nearly $15 million, will be used to scale distribution around […]

Read More

Capacity raises $13.2 million to index emails, files, and more with AI

Capacity (formerly Jane.ai), a startup developing a platform that indexes data from apps, teams, and more and enables users to search through the corpus using natural language, today revealed that it recently raised $13.2 million in series B funding from undisclosed Midwest angel and private investors. The influx of capital brings the company’s total raised […]

Read More

TriEye raises $2 million more for cameras that can see in the dark

TriEye, an Israel-based semiconductor company pioneering short wave infrared (SWIR) imaging technology for adverse weather and nighttime conditions, today announced that it’s expanded its series A round from $17 million to $19 million with an investment from Porsche. CEO Avi Bakal says that the newfound funds, which bring the startup’s total raised to date to […]

Read More

Intel unveils its first AI chip Springhill

(Reuters) — Intel on Tuesday unveiled its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing centers. The chip, developed at its development facility in Haifa, Israel, is known as Nervana NNP-I or Springhill and is based on a 10 nanometer Ice Lake processor that will allow […]

Read More

Twitter acquires Lightwell to improve conversations

The folks behind Lightwell, the app creation engine launched by interactive storytelling startup Hullabalu in 2017, today revealed that they’ve been acqui-hired by Twitter for an undisclosed amount. In a statement made via Lightwell’s official Twitter account, the team says its work at Twitter will focus on the company’s conversations initiative. Lightwell says that its […]

Read More

Google launches Android Studio 3.5 with improved memory settings, build speed, and Apply Changes

Google today launched Android Studio 3.5, the latest version of its integrated development environment (IDE), with a specific focus on “product quality.” This release is the last one under Project Marble, a fancy name for an initiative Google announced late last year to improve Android Studio. For eight months, the team focused “on making the […]

Read More

Homeis raises $12 million to foster online immigrant communities

Immigrating to a new country is not easy. Culture shock is all too common for the hundreds of millions who leave their birthplace each year in search of better opportunities, as unfamiliar customs, architecture, and dialects become the rule rather than the exception. It’s this dynamic that draws recently installed residents to ethnic enclaves in […]

Read More

Starship Technologies raises $40 million for autonomous delivery robots

It’s anticipated that the autonomous delivery robots market will be worth $34 billion by 2024, up from $11.9 billion in 2018. Some analysts predict that by then, in cities around the world, thousands of drones and rovers will regularly ferry food, drink, toiletries, and parcels on command to customers miles away. It’s a future on […]

Read More

Zendrive raises $37 million to encourage good driving behaviors with AI

Why should defensive drivers settle for roughly the same monthly insurance premiums as their less responsible, more aggressive peers? That niggling question motivated Google and Facebook veteran Jonathan Matus to found Zendrive, a service that collects data about driving habits and awards drivers for making safe decisions. It’s been chugging along since 2013, the year […]

Read More

Deploying technology that makes sense: End-user computing

Presented by Nutanix We’re all aware of the “digital transformation” era that we live in today. Cloud computing has transformed IT. Artificial intelligence is proving to be an emerging technology that will have a major impact on everyday life. Cryptocurrency is even driving new ideas in how we as a global society think about money. […]

Read More

Reputation.com raises $30 million to help businesses manage their online presence

Reputation.com (formerly ReputationDefender) is a Redwood City, California-based company that provides solutions for tracking and improving online reviews and local search visibility for businesses. Today, Reputation revealed it has secured $30 million in equity financing led by Ascension Ventures, bringing its total raised to over $100 million. New investors Akkadian Ventures, Industry Ventures, and River […]

Read More