Fundings & Exits
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Handshake nabs another $20M to make the job hunt more fair
Speaking from experience, finding jobs outside of the region you went to college in is incredibly challenging. Sure, large Fortune 100 companies have programs in place to make it easy to recruit for offices in disparate cities, but if you are looking for a job at a company that doesn’t fit that profile, you will spend hours cold-emailing people you dug up online. This creates a… Read More
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Like by smiling? Facebook acquires emotion detection startup FacioMetrics
Facebook could one day build facial gesture controls for its app thanks to the acquisition of a Carnegie Mellon University spinoff company called FacioMetrics. The startup made an app called Intraface that could detect seven different emotions in people’s faces, but it’s been removed from the app stores. The acquisition aligns with a surprising nugget of information Facebook… Read More
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WeFarm’s ‘Quora for farmers’ scales up in Africa with $1.6M from LocalGlobe
Agricultural tech, or agtech for short, has gradually become a fascinating vertical for startups. It’s a huge, traditional market, just waiting for the new tools provided by the cloud. In Europe, a huge food producer, it’s of particular significance. But it’s in emerging markets that it could have the biggest impact. Something like 500 million small-scale farmers around the… Read More
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Spoiler Alert raises $2.5 million to stop food waste, abate hunger
Spoiler Alert has raised $2.5 million for enterprise software that helps manufacturers and farms put excess food inventory to good use, instead of tossing it out. Since it was founded in 2015, the Boston-based startup has been working with large food producers and farms, including a recent partnership with Sysco Corporation. The publicly traded juggernaut racks up about $50 billion in… Read More
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Gaming analytics startup Mobalytics grabs $2.6 million in seed funding
After taking the top spot at Disrupt San Francisco’s Startup Battlefield, Mobalytics has been hard at work preparing to roll out their analytics-driven competitive gaming coach to more and more of the nearly 20,000 users who have signed up for early access. In the six weeks since Disrupt SF, the company has been raising capital so they can recruit more talent and expand their… Read More
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Phononic raises a cool $40 million to make quiet, spacious refrigerators
Refrigeration and air conditioning used to require vapor compressors, chemicals like Freon, fans, water chillers or passive heat sinks. But a North Carolina company called Phononic has developed solid-state refrigeration technology instead.
Phononic, which employs about 110 full-time today, just raised an additional $40 million in equity funding to rapidly expand manufacturing of its… Read More
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Snapchat has reportedly filed confidentially for its massive IPO
Snapchat appears to be moving forward in its plans to go public early next year with the company filing confidentially for its IPO, according to a report from Reuters. In recent years, companies have begun filing confidentially for their initial public offerings well ahead of revealing their financial guts in the formal IPO process. That gives a time window between the SEC getting the… Read More
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Hustle is the grassroots personalized mass-texting tool we need
People hate phone calls and ignore emails, so how do you get them to protest, organize, fundraise and fight for the causes they believe in? By talking to them like humans, one-on-one. This is the way Hustle motivates people to participate at scale, and how its messages reached 3.95 million voters on election day. Read More
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GE acquires Wise.io to deepen its machine learning stack
GE Digital today announced that it has acquired Wise.io, a machine-learning powered service that helps businesses find patterns and trends in their vast data stores. At first glance, that may seem like an odd acquisition for a company like GE. It’s important to keep in mind, though, that with Predix, GE already offers its customers a service that focuses on helping them monitor their… Read More
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DroneBase raises from Union Square to pay any pilot for aerial footage
That drone in your closet could earn you some money thanks to DroneBase, a startup that delivers aerial data and footage to business clients. DroneBase’s new Pilot Program lets drone owners find gigs nearby where they can fly 10-minute missions, upload the assets, and get paid if a DroneBase clients wants to buy the info. By connecting idle pilots with needy businesses, DroneBase can… Read More
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