Startups
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Mobile ad startup Vungle says it’s hit a $300M revenue run rate
Adtech startups like to announce when they’ve hit $100 million in annualized revenue, but Vungle — which focuses on delivering in-app video ads — is doing a bit better than that. It says it’s now reached a $300 million revenue run rate. And while the last three months of the year tend to be the biggest quarter for advertising, CEO Zain Jaffer noted that… Read More
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Gamalon leverages the work of an 18th century reverend to organize unstructured enterprise data
It’s hard to fathom that the work of Reverend Thomas Bayes is still coming back to drive cutting edge advancements in AI, but that’s exactly what’s happening. DARPA-backed Gamalon is the latest carrier of the Bayesian baton, launching today with a solution to help enterprises better manage their gnarly unstructured data. The world of enterprise is full of… Read More
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You can now use Signal for encrypted video calls
Open Whisper Systems, creator of encrypted communication platform Signal, released an update today as an open beta to enable encrypted video calling. The app previously offered fully end-to-end encrypted chat and voice calling, but the addition of video will make it even easier to convey information without compromising security. The update also promises to improve the existing, somewhat… Read More
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Tim Draper is backing Indian startups again with Blume Ventures alliance
An early stage fund that’s becoming a major player in India’s burgeoning tech scene, Blume Ventures, has joined the Draper Venture Network, the investors announced on Monday. Members of the DVN collaborate on investments, share business intelligence and syndicate their deals to firms in Silicon Valley, with portfolio services provided by a local team there.
DVN claims that… Read More
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Smart calendar startup Meetingbird aims to take the headache out of scheduling
It’s a tiny-but-still-annoying part of almost every meeting and phone calls — once you agree to meet someone or call them, there’s still another flurry of emails as you try to decide on a time. Tech companies large and small have tried to improve the meeting process. (I’m a fan of Doodle, myself.) Now Y combinator-backed startup Meetingbird has taken a stab at it… Read More
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Yik Yak is back with a college Slack called Hive
Yik Yak crashed and burned after raising $73.5 million… then laying off most of its employees as users ditched its anonymous message board app. But now Yik Yak appears to be taking another shot at the college demographic with an app for chatting up people with the same classes, major or interest. Last week, an app called Hive appeared in the app stores. It was built by Richard Guy,… Read More
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Kudi wants to make it easier to pay bills in places where internet access is limited
Making payments and sending money to friends and family in Nigeria can be cumbersome. Y Combinator-backed Kudi, which recently launched in Nigeria, is aiming to make it easier for people to pay bills and pay each other via messaging. At its core, Kudi is a chatbot, which lives inside Facebook Messenger and eventually Skype, that helps you transfer money, buy airtime for your phone, pay bills… Read More
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To detect prying eyes in the sky, Dedrone raises $15 million
For better or worse, drones are about to become a lot more prevalent in US airspace. The FAA expects sales of drones to spike domestically from 2.5 million last year to 7 million by 2020. Now, a startup that detects drones and helps prevent unwanted aerial intrusions, Dedrone, has closed a $15 million Series B round of venture funding.
Investors in San Francisco-based Dedrone included Cisco… Read More
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Researchers simulate a ransomware attack on industrial controls
Researchers at the Georgia Institute of Technology have created a form of ransomware that can hit us where it really counts: the water supply. Their program installed itself in a model water plant and allowed the researchers to change chlorine levels, shut down water valves, and send false readings to monitoring systems.
“We are expecting ransomware to go one step farther, beyond the… Read More
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Musical.ly drops its fourth app, a video messenger called Ping Pong
Musical.ly, the tween and teen focused lip-syncing app, has just dropped another app onto the App Store. Days ago, the company launched a video messaging app called Ping Pong on the App Store, in what appears to be a test ahead of a public debut. This is the fourth app for the rapidly growing Shanghai-based startup, whose flagship app had over 100 million users as of last fall, and whose… Read More
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