Fundings & Exits
Auto Added by WPeMatico
Lily Flying Camera Closes $14M In Funding, Delays Shipping Until Summer 2016
Lily, a drone that is meant to satisfy all your selfie needs, has today announced the close of a $14 million Series A round of funding, with investors including Spark Capital, SV Angel, Stanford-StartX Fund, Steve Aoki and Joe Montana. That said, the company also announced it would be postponing its ship date until Summer 2016. Lily originally put their flying camera up for pre-sale (via… Read More
Powered by WPeMatico
Sailfish OS Lives To Fight Android Another Day As Jolla Secures Series C Funding
Finnish mobile OS maker Jolla, whose Sailfish platform is one of the few remaining alternatives trying to fight the Android-iOS duopoly, has pulled out of its latest financing death valley by closing a delayed Series C financing round. Rivigo, An Indian Logistics Startup That Uses Tech To Ensure Driver Safety, Raises $30M Series B
Rivigo, an Indian startup that wants to build a more reliable and safer logistics network, has raised a $30 million Series B led by SAIF Partners. The funding, which includes equity and debt financing, will go toward improving Rivigo’s proprietary hardware platform, which it uses to reduce driver fatigue, find the best traffic routes, and monitor the performance of its trucks. Read More
Powered by WPeMatico
German 3D Indoor Mapping And Navigation Startup NavVis Locates €7.5M Funding
Munich-based 3D indoor mapping and navigation startup NavVis has raised a €7.5 million Series B round of funding as it readies the launch of its smartphone indoor navigation app. Salesforce Has Acquired MinHash, Creators Of The AILA Virtual Marketing Assistant
Salesforce has acquired MinHash, TechCrunch has learned. Salesforce confirmed to us that it has acquired the a young startup based in Palo Alto co-founded by two data science engineers formerly with eBay and Avaya. MinHash had developed an AI platform as well as a “personal assistant” called AILA to crawl to and from the many corners of the Internet, pull out relevant trends… Read More
Powered by WPeMatico
Experian Sells Hitwise To Connexity, Simmons To Connexity Owner Symphony For Up To $52M
Some more chopping, changing and consolidation in the worlds of traffic analysis and fraud protection. Today it was announced that Experian, one of the world’s biggest credit ratings agencies, is selling off its two well-known analytics divisions in a $51.5 million deal. Hitwise, the traffic measurement company, is being sold to Connexity; and Simmons, which publishes the National… Read More
Powered by WPeMatico
Cloudyn Cloud Monitoring Service Catches $11 Million Investment
Cloudyn, a service for monitoring and optimizing cloud usage across multiple vendors, announced an $11 million Series B investment today. The round was led by Carmel Ventures with participation of previous investors Titanium Investments and RDSeed. Today’s investment brings the total to $16.5 million. Cloudyn provides an interesting tangential service for enterprise cloud consumers.… Read More
Powered by WPeMatico
Korea’s Yello Mobile Raises $47M More At A $4B Valuation Led By Formation 8
Korea’s Yello Mobile has made a name for itself raising $100 million and using it to hoover up more than 80 startups to build its mobile apps business, which now serves 18 million users. Now, Yello Mobile is raising again: it has racked up another $47.2 million in financing, led by existing investor Formation 8. The funding comes as convertible debt at a $4 billion… Read More
Powered by WPeMatico
Mezi Is An Intelligent Virtual Assistant That’s Obsessed With Shopping
There is an increasingly large roster of personal assistant apps that use artificial intelligence in an attempt to make users’ lives easier. Mezi is the newest contender and while it has plenty of competition, the service wants to set itself apart with what its founders call a “maniacal” focus on e-commerce, helping users with the most time-consuming shopping errands. Read More
Powered by WPeMatico
Seerene Raises $5M To Help IT Departments Monitor Software Performance
Seerene, an analytics platform that helps companies see how their other software is performing, has raised $5 million in seed funding and opened an office in Hong Kong, its first in Asia. The round was led by Earlybird Venture Capital and will support Seerene’s international growth. Read More
Powered by WPeMatico