Tel Aviv-based Vulcan Cyber, a cybersecurity startup that helps businesses prioritize and fix security vulnerabilities, today announced that it has raised a $21 million Series B funding round led by Dawn Capital. Wipro Ventures and existing investors YL Ventures and Ten Eleven Ventures also participated in this round. The company says it will use the […] Read more ›
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French startup PayFit has raised a $107 million series D funding round (€90 million). Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. Existing investors Accel, Frst and Xavier Niel are participating once again. PayFit has been building a payroll and HR software-as-a-service platform. It lets you manage your payroll from a web […] Read more ›
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Many of us are working in distributed environments these days, and in the best scenarios, it might actually have improved rather than impeded our productivity. Today, a company that has built technology that taps into that concept as it applies to computing is announcing a large round of funding to boost its growth after a […] Read more ›
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Capdesk, an equity management platform, has raised a £5m Series A extension led by Fidelity International Strategic Ventures and MiddleGame Ventures. This followed a first raise of £3 million in 2020, led by Fuel Ventures, and brings the Series A total to £8 million, and total funding raised to £11.7m. Capdesk’s clients include startups such […] Read more ›
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Dija, the London-based grocery delivery startup backed by Blossom Capital, Creandum and Index Ventures, has acquired Cambridge, U.K.-based Genie, in what looks in part like an acqui-hire. The deal, for which terms remain undisclosed, will see Genie founders Tim Chan and Callum MacBeth join the Dija team and also includes company assets. Having launched Genie […] Read more ›
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Zoom, Microsoft and Google all rocketed to the top of the charts in the virtual meetings stakes during the pandemic but a plucky startup from Norway had others ideas. Video meeting startup Whereby has now raised $12 million from German VC Point Nine, SaaStr fund and a group of more than 20 angel investors. Angels […] Read more ›
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Video streaming platforms have signed up more subscribers during Covid-19 lockdowns, and that growth is expected to continue after the pandemic, showcasing more international content. When subtitles are well done, they don’t take audiences out of the immersive experience of a good show or movie. This means as content providers tackle worldwide expansion, demand for localization […] Read more ›
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Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program. It will join nine other startups in the class of 2021 and secure funding from the accelerator as it sets its sights on global expansion. The Lagos-based company, founded by Onyeka Akumah, Johnny Ena, John Shaibu and […] Read more ›
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This Friday, the European Commission will be launching a ‘legislative instrument’ called the EU Startup Nations Standard (SNS) at its annual Digital Day. Now, before you think I’m about to bore you to death, you might like to know that the SNS is a huge political initiative. It will aim to make the European Union […] Read more ›
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About four years ago, social impact organization Norrsken Foundation launched a small program investing around EUR30 million in capital it had received from its wealthy patron, Klarna co-founder Niklas Adalberth. Now, that initiative has become its own impact investment firm, Norrsken VC and, according to people familiar with the firm, is about to close on […] Read more ›
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Uber said Tuesday that drivers in the UK who use its ride-hailing app will be treated as workers, a designation that will give them some benefits such as holiday pay. However, even as Uber seemingly concedes to a Supreme Court ruling last month, a new fight could already be brewing over the company’s decision to […] Read more ›
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The transportation industry is abuzz with upstarts, legacy automakers, suppliers and tech companies working on automated vehicle technology, digital platforms, electrification and robotics. Then there are shared mobility companies from cars to scooters and mopeds to ebikes. And who can forget the emerging air taxi companies? At the center of this evolving industry are the […] Read more ›
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Google is letting developers keep more of their Play revenue, Instagram adds teen safety features and we examine the global distribution of venture funding. This is your Daily Crunch for March 16, 2021. The big story: Google Play halves commission on first $1M Following a similar move by Apple last year, Google said that it […] Read more ›
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As enterprises around the world pour more money into research and invention to stay competitive, the need for analyzing the worthiness of R&D expenses also grows. One company serving that function is PatSnap. When co-founder Jeffrey Tiong was working in the medical devices industry more than a decade ago, he realized how critical intellectual property […] Read more ›
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Having worked at tech companies like LinkedIn and eBay, I’ve observed firsthand the evolution from Data 1.0 to Data 3.0. In Data 1.0, data is seen as a reactive function providing ad-hoc manual services or firefighting in urgent situations. Read more ›
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Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. Existing backers Accel and General Atlantic also participated. […] Read more ›
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Wise, the London headquartered company that made its name offering international money transfers and is reportedly planning an IPO, has accused its former banking partner in Brazil of a “smear campaign” after it was accused of fraud — claims that Wise says are “false and unfounded”. The war of words between Brazil’s MS Bank and […] Read more ›
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Unpredictability and complexity are quickening, and technology has its place, but not simply as an individual safeguard or false security blanket. Read more ›
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Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal. Once the transaction closes sometime in the third quarter, the combined company will operate as eToro Group Ltd. and is expected to be listed on […] Read more ›
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The COVID-19 pandemic has accelerated digital adoption in a way that no one could have ever anticipated, and as more people conduct more services online and via mobile devices, businesses have had to work even harder to validate users and security. One company working to serve that need, Socure – which uses AI and machine […] Read more ›
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Most popular sources
Business Insider | 28% 1 |
Tech Wire Asia | 9% 4 |
CNET | 6% 3 |
Tom's Hardware | 6% 2 |
The Verge | 6% 1 |
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27.11.2024 19:43
Last update: 19:35 EDT.
News rating updated: 02:31.
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