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The startup that wants you to wear a VR headset while working out just raised $5.5 million
Would you wear a virtual reality headset while riding a bike? The answer is no, hopefully, but what about a stationary bike? One Cambridge-based fitness startup, VirZOOM, is hoping virtual reality can be the next key to a new fitness craze. 500 Startups-backed Tamatem raises $2.5M to localise games for Arabic-speaking market
Tamatem, a startup backed by 500 Startups that creates localised versions of popular games so that they resonate better with users in Arabic speaking countries, has picked up $2.5 million in Series A funding. The round is led by Wamda Capital, with participation from Discovery Nusantara Capital, Raed Ventures, Vision Venture Capital, and Seed Equity Venture Partners. Read More
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Wildmoka grabs $8 million to help you clip live video in real time
Meet Wildmoka, a French startup that wants to streamline video editing during live events. Wildmoka is particularly useful for broadcasting companies that want to share highlights of live TV programs on social networks.
The company just raised an $8 million Series A round led by Alven Capital, with existing investor Apicap also participating.
Clients tend to use Wildmoka for all sorts of… Read More
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Google’s data-friendly app YouTube Go expands to over 130 countries, now supports higher quality videos
YouTube Go, a mobile version of YouTube built for emerging markets with features like offline viewing and nearby sharing, is today expanding to over 130 countries worldwide. This wider rollout will make YouTube Go available to a large number of people who want the ability to watch YouTube videos, even if they don’t have a good connection, or find themselves offline. The list of new… Read More
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Medumo tries working out how to best nudge patients to prepare for procedures
Medumo co-founder Adeel Yang has plenty of first-hand experience dealing with cancellations for procedures and appointments as a physician — but it’s been a problem that’s a deceptively hard to solve. So Yang and his co-founders decided to start Medumo to address the problem they’ve seen so often themselves. The company’s main goal is to reduce procedure… Read More
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Prodigy raises $5.4M to unify the in-store and online car-buying experience
If you’ve ever tried to buy a car, there’s a good chance that a lot of your research has shifted online as it’s become easier and easier to figure out exactly the kind of car you want — and less of it is about going to a dealership. At least, that’s what Michia Rohrssen is baking on. He and his co-founders started Prodigy, a company based on extending that same… Read More
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Mobile delivers high exit multiples despite broader market slowdown
In the world of mobile apps, numbers come in two sizes: big and bigger. More than one billion people use Facebook’s mobile app every day. But what about the financial side of the mobile business; specifically, venture investment and returns? By looking at the numbers behind two different ends of the startup life cycle, a reasonable understanding of the mobile market today can be had. Read More
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WhatsApp hits 1.5 billion monthly users. $19B? Not so bad.
Facebook’s $19 billion acquisition of WhatsApp sounds smarter and smarter. CEO Mark Zuckerberg announced on the Q4 2017 earnings call today that WhatsApp now has 1.5 billion users and sees 60 billion messages sent per day. That’s compared to 1.3 billion monthly users and 1 billion daily active users in July. Read More
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Facebook reduces time spent by 2 min/user/day to push well-being
Facebook is putting its short-term money where its mouth is, reducing the presence of viral videos in an effort to boost well-being of users of its site. In Facebook’s Q4 2017 earnings report today CEO Mark Zuckerberg announced that “Already last quarter, we made changes to show fewer viral videos to make sure people’s time is well spent. In total, we made changes that… Read More
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Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of changes to U.S. tax law.