Fundings & Exits

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Y Combinator takes machine intelligence startups to school and learns a thing or two

 Machine intelligence startups are the black sheep of the startup world. The new kids on the block are challenging investors to do their technical homework and differentiate themselves in intentional ways. Y Combinator joined a growing list of investors offering exclusive services to these companies in a specialized AI track for its latest S17 batch of startups.
In the competitive world of… Read More

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Polygram detects facial reactions to shared photos

 What if you could see if your Instagrams made people happy, surprised or disgusted? That’s just one of the innovative features of new photo-sharing social network Polygram. Using facial detection, Polygram gives you analytics about the emotional reactions people have to the photos you post. Read More

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Descartes Labs raises $30 million Series B for its brand of geospatial analytics

 Descartes Labs is announcing a $30 million Series B this morning in a large round led by March Capital. This comes just three months after one of Descartes’ largest competitors, Orbital Insight, closed its own $50 million Series C with Sequoia. Both Descartes and Orbital are playing in the emerging market of geospatial analytics. These companies use machine learning to produce insights… Read More

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Big data analytics platform Databricks raises $140M Series D round led by Andreessen Horowitz

 Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which includes a $60 million round the company… Read More

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Skytap raises $45M for its enterprise cloud

 Skytap is probably one of the more interesting clouds right now. Unlike so many other startups, it’s not trying to offer enterprises specific cloud computing services on top of one of the big platforms like AWS, Azure and Google Cloud Platform. Instead, the company actually runs its own cloud with the goal of helping enterprises that want to modernize their infrastructure bring their… Read More

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GoodTime nabs $2M to match job applicants with interviewers to save time and build rapport

 Despite countless attempts and millions in venture capital, the calendar, one of the most ubiquitous work tools, has remained largely unchanged for as long as I can remember. Rather than overwrite the calendar in an effort to make it obsolete, Ahryun Moon and Jasper Sone, co-founders of GoodTime, are putting the calendar front and center — embracing it as a means of understanding people. Read More

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Twitch acquired video indexing platform ClipMine to power new discovery features

 In an announcement about a set of new discovery tools, Amazon-owned video game streaming site Twitch also unveiled that it recently acquired Palo Alto-based video indexing platform ClipMine. The startup’s technology is now being put to use to translate visual information in videos – like objects, text, logos and scenes – into metadata that can help people more easily find… Read More

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