Fundings & Exits
Auto Added by WPeMatico
Envoy Brings In $1.5 Million To Kill The Lobby Sign-In Book
When you think about things that need to be disrupted, the entryway sign-in booklet is probably the last thing on your mind. And yet. Having spent four years at Google and three years at Twitter as a backend engineer, Larry Gadea started building Envoy, an iPad-based, visitor-registration system this past November. At Twitter Gadea was part of the team that built Murder, a BitTorrent for the… Read More
Powered by WPeMatico
TrueAccord Looks To Fix Debt Collection With $5 Million From Khosla Ventures, Max Levchin And More
The idea for TrueAccord began with a late payment on Ohad Samet’s Macy’s card. It was the end of 2012, and Samet, who was working as the chief risk officer for Klarna, started getting phone calls at random times from a number he didn’t recognize. It was a debt collection agency, and for the first time, Samet was on the wrong side of a due payment. Read More
Powered by WPeMatico
Smart Shopping Tool PoachIt Scores An Additional $1.8 Million
One of the challenges with online shopping is worrying that you’re not getting the best deal. Customers abandon shopping carts regularly, thinking they’ll spend just a few more minutes researching the product in question, but then never return. A company called PoachIt, which has now closed on an additional $1.8 million in funding, is helping turn those hesitant buyers into… Read More
Powered by WPeMatico
3D Printing Company Stratasys Is Buying GrabCAD For Around $100M, Beating Out Autodesk, Adobe
Some M&A activity afoot in the world of hardware design: GrabCAD, an online community that has been described as the ‘Github for mechanical engineers’, is getting acquired by 3D printing giant Stratasys, a source tells us. The companies plan to announce the deal a little later today [Update: confirmed]. We have heard that the deal is in the region of nine figures, and… Read More
Powered by WPeMatico
Visual Search Company Slyce Buys Pounce For $5M To Build “Amazon Firefly” For The Rest Of Retail
Tel Aviv-based Pounce, a mobile shopping app that surfaces deals from retailers, as well as a way to shop print ads and catalogs from your smartphone, has been acquired by visual search company Slyce for $5 million in shares, cash and earn-out incentives. The deal wasn’t entirely a talent grab either, says Slyce, as the company was already on track to roll out a consumer-facing app of… Read More
Powered by WPeMatico
Accel Puts $8M Into Semmle To Grow Its Software Dev Analytics Platform
Semmle, a b2b startup with a business analytics platform that aims to optimize other companies’ IT projects by analyzing the quality of code their developers are writing and also by looking at factors such as how much money the business is spending on particular software development projects, has closed a new funding round — raising an $8 million Series A, led by Accel Partners. Read More
Powered by WPeMatico
Recruitment Trainwreck BranchOut In Talks To Be Acquired, May Sell Mobile Team To Hearst
BranchOut’s story is a brutal lesson about building on someone else’s platform. After raising $49 million and growing to 33 million users, Facebook changed its viral channels leading BranchOut to starve. Now the “Linkedin Within Facebook” wants to throw in the towel. Sources confirm that BranchOut is in discussions with several acquirers in the recruiting space for its… Read More
Powered by WPeMatico
Qualcomm Quietly Acquires AI-Based Image Recognition Startup Euvision
Another acquisition in the area of image recognition technology, and another exit for a European startup to a U.S. giant. Qualcomm has acquired Euvision Technologies, a specialist in image recognition applications powered by artificial intelligence, originally spun out of the University of Amsterdam in The Netherlands. Its first publicly-released app was Impala — an app for iOS and… Read More
Powered by WPeMatico
Hey Microsoft, Acquiring A Hit Game Like Minecraft Is Stupid
Buying a game company is like buying an aging baseball player. You’ll need a miracle to get another hit. And while they might have plenty of fans, they probably aren’t making a lot of new ones. Mojang hit a grand slam home run with Minecraft, but that doesn’t mean Microsoft should pay $2.5 billion for it, as it’s reportedly going to announce this week. There’s… Read More
Powered by WPeMatico
Looop, An Online Learning Platform For Employees, Raises $2M To Enter The UK
Australia’s Looop provides a mobile-friendly platform to enable small-to-medium sized business to deliver training online. Today, the company is disclosing a $2 million seed round from an undisclosed education investor, specifically raised to fuel expansion into the UK. Read More
Powered by WPeMatico