Fundings & Exits
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Will photo art phenom Prisma raise or get bought?
Prisma morphs your photos into fine art like Picasso or Mondrian, and it’s blowing up the iOS app charts. Today it came out in unofficial APK beta on Android. But what will be the fate of this red-hot social product? We’ve heard Prisma is in talks with investors about raising funding, but it might make more sense as an acquisition for Facebook/Instagram, Twitter, or Snapchat. When… Read More
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Sift Science raises $30 million to predict and prevent fraud everywhere online
To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal and corporate data breaches to credit card… Read More
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Bloomberg Beta raises a second $75 million fund
When the partners at Bloomberg Beta — a $75 million seed investment fund — sit down to review how they’re doing, they say they don’t first look at the valuation of their portfolio. Instead, they first take a look at how the founders in the fund are grading them as investors and partners. While paper valuations are always important for any firm, a key metric Bloomberg… Read More
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Encrypted comms company Silent Circle closes $50M Series C
Encrypted comms company Silent Circle, which also makes a security-focused Android smartphone called the Blackphone, has announced it’s closed a $50 million Series C round of financing, led by Santander Bank. Getaround for camera gear ShareGrid raises $1M
Even if you’re an active photo or video creative, chances are that your gear will be gathering dust on a shelf at least part of the time. At the same time, other photographers and filmmakers are in need of equipment. If that sounds like a business opportunity, ShareGrid is way ahead of you, raising $1 million from Archer Gray and MHS Capital to grow beyond its test markets and open… Read More
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Trace Genomics launches a 23andMe for farms, raises $4 million to improve the world’s food supply
A San Francisco startup called Trace Genomics wants to help farmers diagnose and improve the health of the soil where they want to raise crops before it’s harvest time and too late to change course.
So the startup has developed a soil testing kit and “pathogen panel,” that tells the growers of high-value crops, like berries or lettuce, whether or not their soil has harmful… Read More
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FiveAI picks up $2.7M to build AI-driven software for autonomous vehicles
FiveAI is a rather ambitious U.K. startup that’s building AI-driven software to help accelerate the development of autonomous vehicles. The young company wants to apply the latest developments in computer vision and AI/machine learning to enable self-driving cars to do more of the heavy-lifting in regards to understanding and navigating their immediate environment. Read More
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Google aqui-hires deep search engine Kifi to enhance its Spaces group chat app
Google has made another small acquisition to help it continue building out its latest efforts in social apps. The search and Android giant has hired the team behind Kifi, a startup that was building extensions to collect and search links shared in social apps, as well as provide recommendations for further links — such as this tool, Kifi for Twitter. Terms of the deal are not… Read More
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With $17M in seed funding, RedKix wants to combine the best of email and chat
Lots of startups want to reinvent email, and some, like Slack, occasionally manage to change the way we work. At the end of the day, though, email isn’t going away and company-wide collaboration tools only really work when everybody is on the same platform. RedKix, which is launching its private beta today, has raised $17 million in seed funding from a group of high-profile investors… Read More
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On-demand sales force Universal Avenue closes $10M Series A
Universal Avenue, the Stockholm-headquartered startup that lets companies access a local sales force on demand, has closed a deal of its own.
The company has raised $10 million in fresh Series A funding, adding to the $5 million “extension” to its seed round a little under a year ago and bringing total funding to $17 million. Read More
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