Startups
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Restaurant waitlisting app NoWait rolls out mobile payments
Restaurant waitlisting service NoWait is known best by consumers for its mobile app that lets you virtually “get in line” at nearby restaurants like Chili’s and others, where formal reservations may not be accepted. This helps speed up the time it takes to grab a meal, as you don’t have to waste time waiting for a table to become available. Now the company is planning… Read More
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Customer communication startup Intercom raises $50M
Intercom, a startup helping businesses talk to their customers, has raised an additional $50 million in funding. Intercom’s products cover everything from website chat to marketing to customer support. When the company raised funding last year, co-founder and CEO Eoghan McCabe (pictured above) said integration is one of the big elements of the company’s strategy —… Read More
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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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Yik Yak’s CTO drops out as the hyped anonymous app stagnates
Is Yik Yak a thing anymore? Not so much, according to download stats, traffic charts, surveys and a source that says the college app’s monthly user count has been declining. That source — with intimate knowledge of the company — also tipped me off that Yik Yak‘s original CTO Tom Chernetsky has bailed, which the startup now confirms. He’s not the only one who… Read More
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Collaborative Fund sets its eyes on consumer goods
Collaborative Fund is launching a new fund today. Called the Collab+Consumer fund, it’s part of Collaborative Fund’s third $70 million fund that’s geared toward finding companies that make consumer goods — like food and clothing. To be sure, the space is heating up. There are emerging companies focused on single products and businesses, like coffee shops that… Read More
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TiE Global Chairman Venktesh Shukla Joins Fenox Venture Capital as General Partner
Fenox Venture Capital is bringing on TiE Global Chairman and the founder of TiE Angels, Venktesh Shukla, as General Partner.
For the unfamiliar, TiE is a nonprofit mentoring network for entrepreneurs and promoter of entrepreneurship worldwide. Its annual conference, TiEcon, is in its 23rd year.
According to Fenox VC partners, the firm will rely on Shukla to source deals in, as well as help… Read More
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Thrive Market brings its organic grocery store to Android
A company tapping into consumers’ growing desire for healthier food and organic products, Thrive Market is today bringing its online grocery store to Android users with the launch of a dedicated mobile application. The new app will allow users to shop for natural and organic products right from their phone, including its more recently launched private label items. Described as a… 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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The SEC is voicing concern about ‘eye-popping’ startup valuations
Management and boards at late-stage, or pre-IPO, companies are on notice that the SEC is paying attention to the late-stage financing arena, and should look internally to ensure that corporate governance and financial controls are befitting their scale, and should also ensure the accuracy of the disclosures they make when raising funds. Read More
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Medic Mobile locks $1 million grant to help community health workers in the developing world
Tech nonprofit Medic Mobile has attained $1 million in unrestricted grant funding from the Peery Foundation for apps that help health workers deliver care to people who lack reasonable access to doctors and hospitals. According to Medic Mobile founder Josh Nesbit, about 10,000 health workers in developing nations use Medic Mobile’s apps today to record data about individuals’… Read More
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