JD.com leads investment in Vietnam-based e-commerce service Tiki

 JD.com, the Chinese e-commerce firm that rivals Alibaba, has continued its expansion in Southeast Asia with an investment in Vietnam-based Tiki, a seven-year-old online retail service. JD.com is leading a Series C investment round in Tiki alongside VNG, the Vietnam-based online media and gaming company that is already an investor. The round itself is undisclosed, but TechCrunch understands… Read More

More money for Utah startups as Kickstart closes on its fourth seed fund at $74 million

 One of the most prominent seed investors in Utah, Kickstart Seed Fund, has closed on its fourth fund at $74 million — nearly doubling from the last funding of $39 million and toppling Peak Ventures as the fund with the mostest raised in the region.
The large increase was driven by several institutional investors as well as several notable Utah entrepreneurs including Aaron Skonnard… Read More

Delivery logistics platform Bringg raises $12M from strategic investors, including Salesforce Ventures

 Delivery logistics platform Bringg announced today it has raised another $12 million in Series B funding, bringing the total round to $22 million. The round, which follows the initial Series B from last spring includes new, strategic investment from automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. Previously, Bringg had raised $10… Read More

Why is health care so damn expensive?

 Never has there been more talk of innovation and yet more disappointment in the future than in the health care industry. AngelList shows almost a thousand startups just in the digital health space alone, and VCs invested $3.5 billion in digital health startups in just the first half of 2017 according to Rock Health’s industry analysis. There are dozens of health innovation conferences… Read More

Boxed in talks to be acquired by Kroger for $500 million

 New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More

Google acquired Redux, a U.K. startup focused on audio and haptics

 Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K.… Read More

Bugsnag snares $9 million Series B, now gives you a software stability score

 Bugsnag, the cloud service that helps developers find bugs inside their software, announced a $9 million Series B today. They also released a new version of their dashboard that features a stability score than can give customers an unbiased grade of the current stability of their software. Let’s look at the funding first. Investors included first-timer GV (formerly Google Ventures)… Read More

Developer Social Network StackShare Raises $5.2 million from e.Ventures

 Web development is complicated. What was once the relatively uniform LAMP stack of Linux, Apache, MySQL, and PHP years ago has been replaced by nearly infinite variations. Multiple cloud providers, dozens of databases, hundreds of developer tools, and that is not even getting into the world of libraries. NPM, the Node Package Manager, lists about half a million packages that can be imported… Read More