Fundings & Exits
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MIT spin-out Thunkable hopes its drag-and-drop app builder can be a money-spinner too
Bagging lots of users is a challenge one of the startups in Y Combinator’s 2016 winter batch is worrying about a bit less than the average. The two-man strong founder team of Thunkable is coming from the rather more comfortable position of already having fostered a community over four million strong — thanks to the drag-and-drop app builder interface they helped developed at MIT… Read More
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SugarCRM acquires Contastic for natural language-based predictive sales tools
Following its acquisition of Stitch last year, SugarCRM — a CRM and open source competitor to Salesforce — has picked up another startup to enhance the arsenal of intelligent sales tools that it provides to its customers. The company has acquired Contastic, a startup based out of Mountain View that built a platform based around natural language processing technology to analyse… Read More
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IBM Adds Post-Cyber Attack Planning With Resilient Systems Acquisition
The RSA security conference is being held this week in San Francisco where security pros come together to discuss strategy. IBM made several security announcements this morning ahead of the conference, headlined by the purchase of Resilient Systems. Instead of trying to prevent an attack, Resilient gives customers a plan to deal with a breach after it’s happened. While IBM offers… Read More
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Much Better Adventures, The U.K. Travel Startup, Raises £400K And Expands To Cycling
Seedcamp-backed travel startup, Much Better Adventures, which lets you book ‘active holidays’ with independent providers, has raised £400,000 in seed funding to expand its ski offering and launch a second vertical in the form of road cycling holidays. Zumper Acquires PadMapper And Relaunches It With An Updated Interface
Zumper, the Kleiner-backed apartment rental platform that launched at TechCrunch Disrupt SF 2012, has acquired PadMapper, the popular map-centric apartment rentals site that was once embroiled in a prolonged legal fight with Craigslist. BlackBerry Buys UK’s Encription To Kickstart A New Cybersecurity Consultancy
BlackBerry is not the smartphone powerhouse it used to be, but it’s been making a concerted effort to hold on to its position as a go-to place for enterprise customers, specifically in highly secure environments. As part of that strategy, today the company announced that it has acquired Encription Ltd, a cybersecurity consultancy that delivers services globally but operates “from… Read More
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Activision Blizzard Closes Its $5.9B Acquisition Of King, Makers Of Candy Crush
Activision Blizzard today announced that it has closed its acquisition of King Digital for $5.9 billion, a deal that it says makes it the largest game network in the world with more than 500 million users. King is the publisher of the popular Candy Crush series of social and mobile games, while Activision Blizzard’s best known titles include World of Warcraft and Call of Duty. This… Read More
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Razer Raises At A $1.5B Valuation, With $75M From China’s Digital Grid For Immersive Gaming
Razer, the gaming technology company based out of Southern California, has raised another round of funding, a Series C that values it at $1.5 billion, TechCrunch has learned. The backing comes in part from China, specifically the Digital Grid subsidiary of IT company Hangzhou Liaison Interactive. Yesterday, Hangzhou published a statement (a link first published by Reuters) confirming… Read More
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Anyline, the Austrian startup that provides mobile OCR tech to enable developers to add text recognition to their own apps, has raised €1.5 million in funding. The list of investors is interesting, too. 
YouAppi, a US-Israeli startup that helps companies acquire users through mobile ads and analytics, has closed a $13.1 million Series B round to develop its technology and expand its business Asia.