TISSIUM, a biotech startup developing biodegradable sealants and adhesives for wound closure in the field of minimally-invasive surgery, announced today it has closed $42.78 million (€38.75 million) in a Series B round of funding. Backers for this round include new investors BNP […]
Lucence, a genomic medicine startup company focused on personalizing cancer care, has closed $20 million in Series A funding to provide its liquid biopsy technology to more patients across Asia and North America for personalized treatment selection. The round was led by IHH Healthcare, […]
Hola! Below are some of the top tech startup news for today, Tuesday, November 19, 2019. Waymo suddenly shut down its Austin office, 100 contractors lost their jobs. Waymo, the autonomous car startup that spun out of Google and is […]
Microsoft announced Tuesday its Teams communication app now has over 20 million daily active users. That’s almost 54% from Microsoft’s prior announcement about the app usage. Introduced in 2016, just two years after the launch of Slack, Microsoft Teams is a […]
Abnormal Security, a cloud email security platform that protects enterprises from targeted email attacks, today launches from stealth with $24 million in Series A funding led by Greylock Partners. The San Francisco, Californai-based Abnormal Security protects organizations from the most sophisticated, […]
Heliogen, a clean energy tech startup that wants to “replace fuels with sunlight” and backed by Bill Gates, emerged from stealth mode on Tuesday. The company announced today it has discovered a new way to use artificial intelligence to “create the world’s first technology […]
CyberCube, an insurtech startup that delivers data-driven cyber analytics built specifically for the insurance industry, today announced it has secured $35 million additional Series B funding to power the next phase of its growth. The round was led by HSCM Bermuda […]
BlueVine, a fintech startup that provides small and medium-sized businesses with access to fast and simple financial products through its online platform, has raised a $102.5 million in Series F round of equity financing to further build and scale its vision for […]
We all watched the teen climate activist Greta Thunberg delivered a scathing speech at the United Nations. Regardless of which side you may be, we all agree that something needs to be done to save this great planet of ours. […]
SoftBank may be down but not out. As we reported last week, SoftBank’s embattled Vision Fund posted $8.9 billion loss in third quarter due to Uber and WeWork. Just when you think the Japanese giant would stop investing in tech companies, instead […]
With daily headlines filled with cyber attacks, organizations, more than ever, need to stay ahead of the bad actors. Unfortunately, most organizations still take a reactive approach to cybersecurity. It is important for organizations to identify what their critical assets are […]
Penguin Computing, a tech company providing high-performance computing (HPC), artificial intelligence (AI), and enterprise data center solutions and services, today announced that it, along with partners Intel and CoolIT, will deliver the Magma Supercomputer to Lawrence Livermore National Laboratory. The […]
Back in August, we wrote about SmartNews when the news discovery app startup joined the startup unicorn club after raising $28 million in funding. SmartNews is now the fastest-growing news app in the U.S. with 500% year over year growth. […]
The video analytics market is projected to reach $3.9B next year and $14.4B by 2025, according to a report from research firm, Allied Market Research. To take advantage of this market, Viisights is a Tel Aviv, Israel-based tech startup developing artificial […]
Struggling real estate startup WeWork is reportedly planning to lay off at least 4,000 of its staff in an effort to stay afloat and reach profitability, according to a report from New York Times. The layoffs could be announced as early […]
Good morning! Below are some of the top tech startup news for today, Monday, November 18, 2019. Tesla Supercharger catches fire at a Wawa store in New Jersey: A Tesla Supercharger located at a Wawa convenience store ignited in Parsippany, […]
The typical shopping cart abandonment rate for ecommerce sites and online retailers varies between 60% and 80%, with an average of 67.91%. The best optimized checkout process is only able to achieve an abandonment rate of 20%. This is the […]
NewQuest, a secondary private equity platform focused on the Asia-Pacific region, announced today the close of its fourth dedicated secondary fund, NewQuest Asia Fund IV, L.P. (“Fund IV”, or the “Fund”). The Fund secured US$1 billion in total commitments, surpassing its […]
Effective January 31st, 2020, Microsoft will stop its support for its Cortana iOS and Android app for some users in eight countries. The tech giant confirmed the report in an announcement on its website about its plans to kill off […]
Technology has penetrated the media buying, analytics and ad-serving space, but for many brands their biggest challenge is the requirement for creative cross-channel, cross-format and cross location. For the big creative agencies, digital production is an afterthought and still billed […]