Thursday , 19 July 2018
Home >> F >> Fundings and Exits

Fundings and Exits

Amazon leads $12M investment in India-based digital insurance startup Acko

Amazon appears to be restarting its funding efforts in India after Acko, the digital insurance startup in India, confirmed that the U.S. retail giant led a new round of funding for its business. Amazon — which has been linked with an Acko investment since the start of this year — backed lending startup Capital Float last month, and now it has ... Read More »

Hugging Face raises $4 million for its artificial BFF

Chatbot startup Hugging Face has raised a $4 million seed round led by Ronny Conway from a_capital. Existing investors Betaworks, SV Angel and Kevin Durant are also participating. I already reviewed Hugging Face so I won’t write the same thing again. But the startup has been building a chatbot app with a strong personality for bored teenagers. Instead of focusing ... Read More »

Netflix magic market number larger than big cable company’s magic market number

Netflix’s market cap is now larger than Comcast, which is pretty much just a symbolic thing given that the companies are valued very differently but is like one of those moments where Apple was larger than Exxon and may be some kind of watershed moment for technology. Or not. A couple notes on this largely symbolic and not really important ... Read More »

Baidu spins out its global ad business to sharpen its focus on artificial intelligence

Baidu, the Chinese search giant, is spinning out its business unit responsible for utility apps and its mobile ad business to sharpen its focus on artificial intelligence. As part of the spin-out, Baidu is selling a large chunk of its equity in the ‘Global DU’ business to as-yet-undisclosed investors. The plan is to sell “a majority equity stake” in order ... Read More »

Pluralsight pops more than 30% in its public debut

Pluralsight is having a pretty good day in its debut as a public company, with its shares popping more than 30% after its first trade following its IPO. There’ll be a little bit of debate as to whether Pluralsight might have left some money on the table in its IPO after raising its price last night above its original target ... Read More »

Selected’s recruiting platform matches teachers with schools they’ll love

A “dating app for teachers” is an odd but useful way to describe the startup Selected, which has just closed on $1.2 million in seed funding for its recruiting platform for educators. And, in all fairness, Selected said it first. The startup’s own website describes itself (a bit tongue-in-cheek) as a “dating app for job-seeking teachers and hiring schools.” Before you ... Read More »

AnyDesk scores €6.5M for its remote desktop software

AnyDesk, a startup that offers remote desktop software powered by a bespoke video codec, has scored €6.5 million in Series A funding. Leading the round is EQT Ventures, with participation from angel investors, including Chris Hitchen, and previous backer Andreas Burike. The Stuttgart, Germany-based company says it will use the injection of cash for further development of the AnyDesk product ... Read More »

Capital One acquires digital identity and fraud alert startup Confyrm

Capital One has acquired the San Francisco-based digital identity and fraud alert startup Confyrm, the company announced through a blog post on Thursday. The deal will bring Confyrm’s technology to the bank in order to help speed its development and implementation of consumer identity services at scale. CEO Andrew Nash founded Confyrm in 2013, along with Dale Olds and Emma ... Read More »

Walmart says Flipkart is ‘a key center of learning’ for its entire global business

Walmart has opened up on the thinking behind its $16 billion majority investment in Flipkart, and perhaps the most interesting facet is that the retailer plans to export ideas from the Indian e-commerce firm to the rest of its global business, including the U.S.. Walmart’s decision to follow Amazon into India is a testament to huge potential growth in the market. Internet penetration is tipped ... Read More »

Walmart says Flipkart is ‘a key center of learning’ for its entire global business

Walmart has opened up on the thinking behind its $16 billion majority investment in Flipkart, and perhaps the most interesting facet is that the retailer plans to export ideas from the Indian e-commerce firm to the rest of its global business, including the U.S.. Walmart’s decision to follow Amazon into India is a testament to huge potential growth in the market. Internet penetration is tipped ... Read More »

close
==[ Click Here 1X ] [ Close ]==