Fundings & Exits
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Gong, an AI-based language tool to help sales and customer service reps, nabs $20M
As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More
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Datatron raises $2.7M to help companies query real-time and historical data
Fresh out of 500 startups, Datatron has raised $2.7 million in seed financing for its data-savvy assistant, Emma. But under the somewhat trite coating of an assistant, Datatron is making it easier for employees to gather insights from the complex web of historical and real-time data. Read More
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Abstract launches as the versioning system of record for design
Sales teams have Salesforce. Engineers have GitHub. But designers have always had slim pickings. Abstract, launching today, is a workflow platform and system of record built for designers to solve the debilitating frustrations of the design process. The company is targeting Sketch users out of the gate, with ambitions to accommodate the whole gamut of visual file types. Read More
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Buoyant raises $10.5M Series A round as it looks to bring service meshes to the masses
Buoyant, a company founded by former Twitter infrastructure engineers William Morgan and Oliver Gould, today announced that it has raised a $10.5 million Series A round. Samsung quietly acquires Greek text-to-speech startup Innoetics for under $50M
With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to… Read More
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CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs
CompareAsiaGroup, which runs online financial marketplaces in seven Asian countries, has closed a $50 million Series B. The round was led by the International Finance Corporation (IFC), a member of the World Bank Group, and includes capital from new investors Alibaba, SBI Group, and H&Q Utrust. Returning investors also participated. Read More
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These South Bay and Peninsula cities are raking in venture capital
Though the region known as Silicon Valley covers dozens of municipalities, a few cities get outsized attention in tech circles. Everyone knows Palo Alto, Mountain View, San Jose and San Francisco as hotbeds for startup innovation. But they’re not the only ones. Less-talked-about cities in the region are also raking in funding. Read More
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YC-backed Vidcode raises $1.5M to teach teens to code using Snapchat filters, videos, memes and more
Vidcode, a Y Combinator-backed startup focused on teaching teens how to code, has raised $1.5 million in seed funding for its curriculum. While there are a number of learn-to-code platforms out there today, Vidcode’s approach is to make coding more interesting to teens by connecting it to their existing interests – like Snapchat filters and memes – while also allowing… Read More
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Josh.ai raises $11 million for a premium home automation system with a smarter AI
One of the promises of voice-based computing is the ability to make home automation simpler – something that major tech companies, including Amazon, Apple and Google, are now tackling with their own voice assistants and smart speakers. But their solutions are still somewhat clunky, both in terms of the software interface for configuring your smart home and the voice commands you use to… Read More
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Side raises $5.7 million to match students with companies for short-term jobs
French startup Side raised another $5.7 million with Xavier Niel leading the round. As the name suggests, Side lets students make some money on the side by working for companies for a few days or weeks. It’s a marketplace that helps you scale your workforce for a product launch, peak season and more. Aglaé Ventures, Jacques-Antoine Granjon and others are also participating in… Read More
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