Top tech startup news stories you need to know this Wednesday, June 20
Good morning! Here are some of the top tech startup news stories for today, Wednesday, June 20.
Taiwan-based media startup The News Lens raises Series C for its international growth plans. The News Lens has raised undisclosed amount in Series C funding to accelerate international growth plans, according to a report from TechCrcunh. Founded by Joey Chung and Mario Yang in 2013, the News Lens is an independent bilingual website based in Taiwan and Hong Kong which offers news from around the globe and within Greater China. The website aims to provide an independent and analytical alternative to the country’s newspapers. Article categories include politics, economics, technology, society, life, and more. Now it has 9 million monthly unique readers
The Battle Royale game Fortnite earned $100 million on iOS in its first 90 days, catapulting it into the most successful mobile launches ever. The popular Battle Royale game “Fortnite” has made $100 million in revenue on iOS in its first 90 days of availability on iOS devices, according to app analytics platform Sensor Tower, according to new data made available by app analytics, firm Sensor Tower.
NEC Corporation launches NEC X (NEC Accelerator Program) in Silicon Valley. Japanese tech giant, NEC Corporation, announced today the launch of NEC X, Inc. (NEC X) in Silicon Valley, to capitalize on the region’s startup ecosystem and accelerate the development of new business based on the strengths of NEC’s Central Research Laboratories technologies. Osamu Fujikawa, senior vice president with NEC and head of the company’s Business Innovation Unit, is slated to become the CEO of NEC X as it begins operations in July 2018.
Founders of startup Grind have raised $6.4 million for community event platform Bevy. The founders of entrepreneurial community Startup Grind have raised $6.4 million in Series A funding for their new community event platform startup Bevy. Bevy helps enterprises manage, scale, and track their community events and impact. The company aims to make scaling a global events community easy by facilitating millions of in-person conversations for clients like Atlassian, Duolingo, Docker, Evernote, and Startup Grind.
Cyber security startup Panaseer raises $10 million in Series A funding led by Evolution Equity Partners. Panaseer, a cyber security software company, today announced it has secured $10 million in Series A funding. The financing round was led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments.
Startup MetaProp raises $40 million fund from Prudential, CBRE, and others. Prudential, CBRE have joined some of the biggest names in the traditional commercial-property world to participate in a $40 million venture capital fund aimed at bankrolling real estate technology startups. MetaProp is an incubator that connects tech entrepreneurs with property companies. MetaProp is the world’s premier real estate technology nexus. They operate the leading real estate tech accelerator and seed fund.