L.A.-based venture firm Fifth Wall Ventures invests in startups that are benefiting from changes in the real estate market, and they turned to the country’s largest real estate companies to fund it. Read More
Orbital Insight closes $50M Series C led by Sequoia
This morning Orbital Insight, a geospatial analytics startup, announced that it had completed raising a $50 million Series C round of financing from Sequoia. The fresh capital brings the company’s total fundraising to $78.7 million. Orbital Insight generates analytics for businesses using satellite imagery and other data. A product of deep learning and more readily available… Read More
Meet Relive, a startup that uses data to turn your outdoor activities into 3D animated videos
Relive, a Dutch startup that has been flying a little under the tech media radar until now, might just be onto something. Inspired by the experience of its founders during a cycling trip whilst on holiday in Tenerife early last year, the company turns activity data, such as that garnered from devices made by Strava or Garmin, and combines this with photos you’ve taken to create 3D… Read More
Bitfusion raises $5M for its AI lifecycle management platform
When Bitfusion launched in 2015, its focus was on helping developers speed up their applications by giving them pre-compiled libraries that made better use of GPUs, FPGAs and other co-processing technologies. That was then. Today, the hottest market for these technologies is in training deep learning models. Unsurprisingly, that’s exactly what Bitfusion is focusing now. Read More
Angie’s List will merge with HomeAdvisor after finally accepting IAC’s acquisition offer
After two years of wooing, Angie’s List has finally agreed to be acquired by IAC. After the deal closes, Angie’s List will combined with HomeAdvisor, IAC’s home services marketplace, into a new public company called ANGI Homeservices. Read More
With Series A funding from Benchmark, Prefer takes the wraps off its new marketplace
Between Thumbtack, Yelp, Angie’s List and Amazon, it wouldn’t appear that the world needs a new platform that matches customers with service professionals. That’s not the way Julio Vasconcellos sees it, clearly. Vasconcellos has spent the last year-plus working on a services platform called Prefer. Read More
2017 tech IPOs are on a tear compared to last year
By this time last year, one tech company had gone public. there was one. Already this year, nine tech companies have gone public on U.S. exchanges. Needless to say, public exits are looking up. That comparison becomes starker when you compare SecureWorks, 2016’s first IPO, to Snap, which went public in 2017. SecureWorks priced under range, and it has since fallen nearly 38 percent from… Read More
Collaboration software company Jive to be acquired by Aurea for $462 million
Jive, a community collaboration software company that was one of the biggest Enterprise 2.0-era success stories, going public in 2011, announced today it had agreed to be acquired by ESW Capital’s Wave Systems for $462 million. It will become part of the Aurea family of companies.
In the end, it was a kind and healthy exit for Jive shareholders. ESW paid $5.25 a share to purchase the… Read More
Airwallex raises $13M led by Tencent to bring its cross-border payment service to Europe
Australia-based cross-border payments startup Airwallex has closed a $13 million Series A round to expand its reach across Asia Pacific and into Europe. The deal was led by Chinese internet giant Tencent — marking its first investment in an Australian startup — with participation from Sequoia China, Mastercard and other undisclosed investors. Airwallex was founded last year… Read More