BlackBerry said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity startup, for $1.4 billion in cash plus the assumption of unvested employee incentive awards. The acquisitions will help expand BlackBerry’s QNX unit, which makes software for next-generation autonomous […]
Good morning! Here are some of the top technology startup news stories for today, Friday, November 16. Blablacar raises $113 million (€101 million) Series D extension, to acquire Ouibus. French popular carpooling platform BlaBlaCar has secured a $113 million (€101 million) […]
Licensed exchange now offers Argentine peso funding to trade with several major cryptocurrencies; other Latin American fiat currencies coming soon SAN FRANCISCO & BUENOS AIRES, ARGENTINA — November 15, 2018 — OKCoin, one of the world’s leading digital asset exchanges […]
Shyft, a Seattle-based startup that helps workers swap shifts, communicate with each other, and make more money by covering shifts, has raised $6.5 million in Series A funding to empower companies and their associates by offering scheduling flexibility and direct access to shift-swapping […]
Major cryptocurrencies are under heavy attack as investors remain bearish on the future digital currencies like Bitcoin. The massive sell-off is unabated. After hitting its record high in December 2017, Bitcoin has fallen over 50 percent in 2018 and the […]
VC Valuations Overview Startups have seen annual valuation gains across all stages, most notably in late-stage rounds, with median pre-money valuation of late-stage deals increasing 50.7% YoY. The median valuation step-ups for early-stage rounds increased from 1.7x in 2017 to […]
Good morning! Here are some of the top technology startup news stories for today, Thursday, November 15. Simple Habit raises $10 million in funding for its meditation app. SimpleHabit, a 5-minute meditation app designed to help busy people stress less, achieve […]
Rocket Lab, a startup company that delivers a range of complete rocket systems and technologies for fast and low-cost payload deployment, has raised $140 million in Series E financing round to accelerate business of small rockets. The latest round brings total Rocket Lab […]
RoadBotics, an artificial intelligence startup that was spun out of the Carnegie Mellon University Robotics Institute in 2016, has raised $3.9 million in seed funding to revolutionize the way engineering firms, local governments and municipalities manage and maintain roadways and […]
Cryptocurrency is alive and well! Investments and activities in crypto-based startups continue to accelerate. Much like the early days of the Internet, cryptocurrencies bring as much hope as they do risk, with more than a thousand cryptocurrencies and initial coin offerings […]
In an effort to kickstart adoption of the emerging technology, Microsoft announced this morning that it’s acquiring chatbot startup XOXCO for an undisclosed amount. Founded in 2009 by Ben Brown and Katie Spence, XOXCO is a software product design and […]
Good morning! Here are some of the top technology startup news stories for today, Wednesday, November 14. Chinese tech giant Huawei to introduce augmented reality (AR) glasses in next one or two years. Huawei is entering the AR glasses market. […]
Pryon, an enterprise artificial intelligence (AI) and natural language processing (NLP) startup that emerges of stealth today, announced $4.5 million in seed funding to take the AI market to the next phase of Augmented Intelligence. The seed funding came from key investors […]
Cryptowerk, a blockchain as a Service (BaaS) startup that makes it easy to seal digital assets and prove their authenticity at scale using any blockchain, today announced the launch of Cryptowerk Seal. Cryptowerk Seal is a blockchain-as-a-service (BaaS) solution that creates an immutable […]
There is a growing market to help property and casualty insurance businesses adopt AI, but health insurance is being left behind. Health insurance is at the intersection of two complicated fields, facing both difficulties in working with health data and […]
Good morning! Here are some of the top tech startup news stories for today, Tuesday, November 13. Sustainable clothing startup For Days secures $2.8 in seed funding to eliminate clothing waste. For Days, a zero waste, closed-loop startup company that […]
At the ongoing American Heart Association (AHA) Scientific Sessions held in Illinois, Eko, a cardiac monitoring company that combines non-invasive sensors with machine learning, presented a clinical study abstract revealing Eko’s heart murmur detection algorithm outperformed four out of five cardiologists for […]
Manufacturing is one of the areas that has received little attention from tech startup founders and entrepreneurs. Back in June, we wrote about Xometry, the Gaithersburg, Maryland-based manufacturing startup that one of the problems product designers, engineers and procurement officers face in finding […]
Good morning! Here are some of the top tech startup news stories for today, Monday, November 12. Clearbanc raises $70 million to fund young startup and e-commerce businesses. Clearbanc, a Toronto, Canada-based startup that invests in entrepreneurs and small business owners […]
Microsoft Studios has officially acquired the independent RPG developers, Obsidian Entertainment. The terms of deal were not disclosed. Microsoft made the announcement during the X018 conference in Mexico. Obsidian Entertainment is best know for creating Pillars of Eternity, Fallout: New Vegas, Star Wars: […]