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How Foursquare hopes to hit profitability

Jeff Glueck and Dennis Crowley of Foursquare Foursquare’s business looks a whole lot different than it used to. New CEO Jeff Glueck and co-founder Dennis Crowley know it — and they still have a plan to hit $100 million in revenue, and profitability, in the next few years. They talked about some of their efforts, like focusing on building new tools for businesses that can help them grow, onstage at TechCrunch Disrupt… Read More

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Nearpod raises $9.2 million to help teachers use tech for live instruction

Nearpod_VR If Nearpod CEO Guido Kovalskys has his way, overhead projectors and PowerPoint presentations will never bore students again. Instead, he wants to see cutting-edge technologies and interactive content become standard tools of the teaching trade. To that end, Nearpod has raised $9.2 million in Series A funding led by Reach Capital to help teachers use mobile tech for live instruction, rather… Read More

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Here’s the first demo of Viv, the next-generation AI assistant built by Siri creator

Dag Kittlaus of Viv Siri co-founder and CEO Dag Kittlaus has been quietly working on a much-anticipated voice assistant powered by artificial intelligence, machine learning and integrations with third-party services. This product is called Viv and, in a world-first, Kittlaus just gave us a demo at TechCrunch Disrupt NY that shows off the power of what they’ve built with Viv. Read More

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Pivotal confirms Series C round is actually over $650 million

Paul Maritz from Pivotal Pivotal filed a Form D last week with the SEC, indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to a Pivotal spokesperson. It’s actually quite interesting that EMC, which… Read More

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Lending Club shares are crashing after its CEO resigns

Renaud LaPlanche, Lending Club Lending Club shares are down more than 25% — shaving off hundreds of millions of dollars off the company’s roughly $2.5 billion market cap — after it announced its CEO would resign following an internal review of $22 million in near-prime loan sales to a single investor.
Renaud Laplanche will leave the company after a review of a loan sale that didn’t meet the… Read More

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CoreOS raises $28M Series B round led by GV

1047673820_b93b65ad27_o CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total, the company has… Read More

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AlexaSite wins the Disrupt NY 2016 Hackathon Grand Prize

tcdisrupt_NY16-8734 It’s been a long night at the Brooklyn Cruise Terminal. But this time, you couldn’t see anyone waiting for a boat. Instead, the Cruise Terminal hosted a very special competition — the Disrupt NY Hackathon. Around 650 engineers and designers got together to come up with something cool, something neat, something awesome. The only condition is that they only had 24 hours to work… Read More

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E-susu aims to close the gap between community loan groups and traditional banking services

e-susu An interesting hack presented on stage today at TechCrunch Disrupt New York 2016 is a platform for non-traditional banking services. Called e-susu, the app is designed for people who are involved with informal loan groups to help them better manage the process of lending money within a family or community group, as well as encouraging the saving process via increased transparency. Read More

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The Eliza app makes mental health tracking as easy as talking to yourself

Tae Hong Min and Kathryn Hodge, developers of the Eliza app. Makers of an app called Eliza want to make it as easy for people to track their psychological well-being as it is to track their physical fitness.
The Eliza app asks users to record a voice memo, say, venting about an issue they’re dealing with at work or simply reflecting on their day. The app turns the user’s speech into text that’s ready for sentiment analysis. Read More

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