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ProcessOut chooses the best online payment service for each transaction
Meet ProcessOut, a French startup that automatically routes transactions to the best payment provider. This way, big online services can start using multiple payment providers, pay fewer fees and reduce the number of declined transactions. The startup has just raised $1 million from various business angels, such as BlaBlaCar CTO Francis Nappez, former PayPal Director of Global Business… Read More
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Patreon Lens is Snapchat for creators’ paid fans only
Exclusive content is how creators get patrons to pay them a monthly subscription fee on Patreon, so the startup is equipping them with a Snapchat-like tool to turn their private lives into “behind-the-scenes” footage. Patreon Lens launches today so creators can share photos and videos that disappear in 24 hours just with those who pay them at least a $1 a month. Read More
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Slack names Allen Shim as company’s first CFO
In a blog post this morning Slack CEO Stewart Butterfield announced the company is naming long-time employee Allen Shim as the company’s first CFO. “Today, I’m excited to announce another milestone: Allen Shim has been appointed Chief Financial Officer for Slack,” Butterfield wrote in the blog post. He went on to describe Shim as his right hand man, who has been with… Read More
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Mayfield joins Velocity Network to connect enterprise startups with NYC execs
Last year two venture capital firms, General Catalyst and CRV, launched a program called the Velocity Network to get their startups in front of Fortune 500 executives in New York City. Today they announced that Mayfield has joined as the third VC firm in the network.
New York is home to financial, insurance, security, retail, media, and other Fortune 500 companies — the very types of… Read More
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Rubrik acquires Datos IO to expand into NoSQL database management support
Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition. The financial terms of the deal are… Read More
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Slab raises $2.2M to build tools for an internal employee information nexus
When Jason Chen first ended up at Salesforce through the acquisition of his last company Stypi, he had the tough task of integrating within Salesforce’s complex infrastructure — and not a lot of documentation to go on. Fortunately, Chen’s company had just been acquired and he was able to get the attention of the higher-ups and find that information, which was actually… Read More
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Apple continues to dominate the tablet market as sales decline once again
Bitcoin and crypto aren’t the only things on the decline, sales of tablet devices once again dropped in 2017, according to new data. Figures from analyst firm IDC show that overall tablet shipments fell by 6.5 percent to 163.5 million units last year. That’s down from 174.9 million in 2016, when the annual decrease was in double digits. Despite demanding falling overall, Apple… Read More
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Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M
Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. 2018 looks to be the year of numerous VC investments. This company will tell you which vitamins and supplements to take based on your DNA
Nutrigene believes your genes may hold the secret to what you might be missing in your diet. The company will send you tailor-made liquid vitamin supplements based on a lifestyle quiz and your DNA. Author Nick Montfort tells us how to define the future
Nick Montfort is a professor in MIT’s Comparative Media Studies/Writing and the author of a new book, “The Future.” His book explores “future makers” – people who create the future with their work. It’s a fascinating read and he’s a fascinating thinker in the space. Our conversation on Technotopia started with the Norman Bel Geddes, designer of… Read More
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