Fundings & Exits
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SelfScore raises $7.1 million to help international students get credit in the U.S.
A startup called SelfScore has raised $7.1 million in new venture funding to help bring much-needed financial services to international students at U.S. colleges and universities. SelfScore co-founder and CEO Kalpesh Kapadia grew up in India, but moved to the U.S. for graduate school in 1995. That’s when he first noticed the challenges of assimilating into what he says is the… Read More
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Logikcull raises $10M to let lawyers analyze documents at the speed of a thousand interns
As entertaining and interesting as made-for-TV lawsuits (like the O.J trial) are, they always leave out one key element. The hundreds of hours of research that goes on behind the scenes to prepare for an important trial. Before any big trial a lawyer (and their associates and interns) has to find, organize and examine thousands of documents. The process is officially called Discovery, and is… Read More
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LendUp fights big banks with $47M for compassionate credit cards
Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it’s this exploitative experience that makes banks vulnerable to fintech startups like LendUp that are willing to undercut them and make up margin with software efficiency. It’s that strategy of building an enduring consumer banking brand on the principle of compassion that… Read More
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Microsoft buys AI scheduling tool Genee to make Office 365 smarter
Microsoft has picked up another productivity app — announcing the acquisition of AI-powered scheduling tool Genee. In a blog post today the software giant said it will be plugging Genee into its cloud productivity suite, Office 365. Email and file encryption service Virtru, built by ex-NSA engineer, raises $29 million
Talk about being at the right place and at the right time. Following revelations of government spying, data breaches, malicious hacking, identity theft and other online threats, the email and file encryption application Virtru has now grown to over 4,000 customers and has closed on $29 million in Series A funding, the company announced this morning.
The round was led by Bessemer Venture… Read More
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Media.net acquired for $900M in mega ad-tech deal
The flow of Chinese capital into foreign ad-tech companies increased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium by Miteno Communication Technology, a Chinese tech conglomerate. The transaction is… Read More
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Analytics company Heap raises $11M
Heap announced today that it has raised $11 million in Series A funding. We’ve written about the company’s “capture everything” approach to analytics before — it aims to collect data about every tap, swipe and other action that a user takes on a website or app. CEO Matin Movassate said this should allow anyone at a company to answer any question they might have… Read More
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Mapbox is acquiring passive fitness tracking app Human
Human’s team will join Mapbox and work on Mapbox’s mobile SDK and real-time maps. I’ve covered Human quite a few times over the years. It’s a well-designed fitness app that was ahead of the current trends in fitness tracking. Human turned the simple habit of moving around the city into human-readable data for yourself and your friends. Over time, Human started using… Read More
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Social investing site Instavest raises $1.7M in seed funding
Part of YC’s Winter 2015 class, Instavest is a startup trying to turn investing — an activity most of us are used to doing privately — into a social activity.
The site launched about a year and a half ago with the goal of helping average retail investors learn from others who have more experience in investing and the stock market.
Today the startup announced… Read More
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Another Salesforce acquisition with BeyondCore enterprise analytics grab
Business analytics platform BeyondCore will be officially joining Salesforce, according to a blog post by BeyondCore CEO Arijit Sengupta. BeyondCore is an enterprise analytics tool that bolsters business intelligence with computational and statistical analysis. While Salesforce could have gone fishing and come up with a number of business intelligence companies to buy, BeyondCore was… Read More
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