Tag: startup

Unqork raises $80 million for enterprise app development without code

Two-year-old New York-based software company Unqork, which is developing a no-code platform for enterprise insurance and financial services, today announced that it’s raised $80 million in series B financing led by CapitalG, the equity investment fund of Google parent company Alphabet. Funds and accounts under management by BlackRock participated, along with other undisclosed existing investors. […]

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Issa Rae Takes the Plunge Into Tech With Investment in Streaming-Media Data Startup, Streamlytics

Photo: Astrid Stawiarz (Getty Images) Data is big business. Ask Facebook, which has transformed being in your business into a multi-billion dollar enterprise. Advertisement Looking to cash out on this trend is multi-hyphenate Issa Rae, who Variety reports has become a minority owner in L.A.-based startup Streamlytics, a streaming data, and analytics company founded by […]

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Facebook Acquires Neural Interface Startup For About $1 Billion

While Facebook is looking to develop AR smart glasses with Ray-Ban, it also plans for something after acquiring a NY(New York)-based startup CTRL-labs. The startup originally built armbands by utilizing neural impulses from the wearer as digital input signals. Advertising In other words, they were responsible for neural interface based wearables (armband, in this case). […]

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Bold Penguin raises $32 million to match insurance carriers with prospects

Bold Penguin, a commercial insurance tech provider headquartered in Columbus, Ohio, today announced that it has secured $32 million in a series B funding round, bringing its total venture capital raised to over $50 million. Growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, and Lockton participated, along with existing investors and individuals from […]

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VMRay raises $10 million for real-time malware monitoring and mitigation tools

VMRay, a Bochum, Germany-based provider of automated malware analysis and detection tools, today announced that it’s raised $10 million in series B funding led by Digital+ Partners with participation from eCapital. The capital infusion brings the company’s total raised to $13.36 million (€12 million), following early investments from eCapital and High-Tech Gruenderfonds. Cofounder and CEO […]

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Panoramic raises $35 million to unify and model marketing data

Several years ago, a trio of entrepreneurs, Peter Muzzonigro, Johnny Wong, and Bryan Baum — the last of whom sold his first two companies (Blue Vision Labs and Represent.com) for over $100 million each — set out to tackle an enduring dilemma: how best to unify disparate marketing toolsets and analytics data without disrupting existing […]

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Zenoti raises $20 million to manage salon and spa bookings

Zenoti, a Bellevue, Washington-based startup developing booking software for the spa and salon industry, today announced that it’s raised $20 million from Steadview Capital, bringing its total raised to nearly $100 million following a $50 million series C in May 2019. The fresh capital will be used to expand the company’s presence in the U.K. […]

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Neuralink’s tech embeds tiny wires in the brain to read electrical pulses

This evening during a packed press conference in San Franciso, scientists at Elon Musk’s Neuralink — a startup founded in 2017 with the stated goal of creating “ultra-high-bandwidth brain-machine interfaces” to connect humans and computer — gave an update on progress. They claim the prototypes they’ve developed to date will help alleviate chronic medical conditions […]

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Procurify raises $20 million to help companies manage spending

Procurify, a cloud-based procurement software company headquartered in Vancouver, Canada, today announced that it’s secured $20 million in series B financing, bringing its total raised to nearly $30 million. Information Venture Partners led the round, which saw contributions from Runa Capital, HarbourVest Partners, Manulife, and Kensington Capital’s BC Tech Fund. The vote of venture confidence […]

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Innoviz raises $38 million for lidar and perception software

Innoviz, an Israel-based developer of solid-state lidar sensors and perception software, today announced the closure of its series C funding round with over $170 million, bringing its total raised to $252 million — a great deal more (by $38 million) than the $132 million round total it reported in March. Cofounder and CEO Omer Keilaf […]

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