Fundings & Exits
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Smartling acquires Jargon to help mobile developers ready their apps for international markets
Smartling, the translation tech company, has acquired TechStars alumni Jargon on Crunchbase which makes tools for mobile developers who want to “localize” their apps for different international markets, and the devices and app stores that are relevant in each one.
New York-based Smartling is known for its “translation management system” software, and marketplace of… Read More
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Marijuana deliverer Meadow rolls up $2.1M for dispensary sales software
Meadow already lets you get a prescription for medical marijuana over video chat and order from a nearby shop that delivers. Now it wants to be the backbone of the weed business, too. Pot dispensaries can’t use standard point-of-sale or inventory software because they aren’t compliant with the industry’s strict regulations. So over the last year, since graduating Y… Read More
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Intel acquires Italy’s Yogitech to improve functional safety of autonomous cars, IoT systems
The concept of the Internet of Things is getting a big boost from emerging industries like autonomous cars and robotics, and today Intel announced an acquisition that could help it make sure that its own developments and products in this market are fault-free: it is acquiring Yogitech, a small company based out of Italy that works on functional safety for semiconductors. Terms of the deal… Read More
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Ericsson acquires data center automation service NodePrime
Ericsson today announced it has acquired NodePrime, a San Francisco-based startup that helps enterprises manage their data centers. NodePrime came out of stealth last September after the company raised $7 million in seed funding from Menlo Ventures, NEA, Formation 8, Initialized Capital, Crosslink Capital, Rubicon Venture Capital, and TEEC Angel Fund. Ericsson also participated in this round… Read More
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Flex is an alternative to tampons you can have sex while wearing
Things can get messy if you have sex on your period, so many couples avoid it. But The Flex Company wants to replace outdated pads and tampons with a sleek, disc-shaped blood blocker. Flex can be worn during sex to prevent making a mess. The Flex discs are disposable, can be worn for up to 12 hours and even come in a stylish little packet. They’re doctor-approved to be… Read More
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Spain’s Glovo acquires Italy’s Foodinho to expand on-demand delivery service
Spain’s Glovo, which operates a local on-demand delivery service similar to Postmates in the US, or Jinn and Quiqup in the UK, has acquired Italy’s Foodinho. Seoul-based learning app developer Knowre partners with Sylvan Learning
Knowre, a Seoul-based learning app developer, has taken a big step forward in its American expansion plans. The company announced today that its math programs, which gives kids personalized recommendations, will be used in Sylvan Learning tutoring centers. Sylvan is the largest paid tutoring company in the U.S. by market share, with more than 800 locations. Read More
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Airware snatches $30M to sell complete drones to the Fortune 500
Airware used to sell drone operating systems. Now it’s swiveling to sell the whole flying kit and caboodle: drone hardware, the software to control them, and the cloud where their data goes. It discovered that big enterprise companies didn’t know how to piece together drone systems themselves, so they were slow to adapting to the tech that could save them money and keep employees… Read More
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Branch.co raises $9.2 million to bring financial services where banks don’t go
San Francisco-based Branch International, or Branch.co, raised $9.2 million to bring digital financial services to mobile phone users in Sub-Saharan Africa. Andreessen Horowitz led the Series A round.
Branch’s free-to-download Android app is a kind of “branchless bank for the next generation,” says founder and CEO Matt Flannery. Read More
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Hopper raises $16 million for a travel app that tells you the best time to fly
Hopper, the makers of a handy travel application that tells you the best time to fly in order to find the best deals, has now raised additional capital to continue to grow its business. It has also scored a partnership with American Airlines which allows it to sell AA’s tickets through its app. In terms of the new investment, the company announced $16 million in a growth funding… Read More
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