Good morning! Below are the top tech startups news for today, Wednesday, February 19, 2020. Lyft resumes shared electric bike rentals in New York City. Electric Citi Bikes return after being pulled for safety issues. Lyft announced Wednesday it will roll out […]
Finnish telecom networks maker Nokia announced Wednesday it has agreed to acquire privately-held New York-based tech company Elenion Technologies to boost its optical networking business and broaden its offering to telecoms operators. The value of the acquisition was not disclosed. Founded […]
BitGo, the world’s largest processor of on-chain Bitcoin transactions, announced today that it is acquiring Harbor, a digital securities platform that is reengineering private securities with blockchain technology to help usher in a new wave of tokenized securities backed by real-world […]
As consumers set goals for 2020, financial wellness remains top of mind — nearly 100 million Americans have a credit score of 600 or lower or are unscoreable because of a lack of credit information, according to the Financial Health […]
Digital Motors, an innovation leader in automotive retail and financial technology (FinTech), has partnered with Autotech Ventures to accelerate its growth strategy. The company’s configurable online store technology can be integrated with the websites, systems, and processes of any dealership, […]
Subscription-based business model is common among many online businesses. While subscriptions are an increasingly popular business model, this monetization model still requires quite a lot of developer and tech resources for businesses to launch, grow and manage at scale. Limio is a London-based […]
Fake news websites, commonly known as hoax news websites, are Internet websites that deliberately publish fake news—hoaxes, propaganda, and disinformation purporting to be real news. The sites often using social media like Facebook, Twitter and Instagram to drive web traffic […]
Veravas, a Charleston, South Carolina-based diagnostic startup has raised $4 million in funding from private investors. The financing, which comes through the issuance of convertible notes, will be used to transform laboratory medicine with technology that delivers superior test results, providing […]
QuintessenceLabs, a Canberra, Australia-based quantum cybersecurity startup, announced today that it secured an investment to accelerate the development and delivery of cutting-edge technologies to the national security communities of the U.S. and its allies. The total amount of investment was not […]
The commercial insurance industry is a $120 billion business and continues to accelerate. However, the industry is still plague with delays and and inefficient processes. It can take a commercial insurance agent up to 5 hours to write an insurance policy […]
Microsoft co-founder Bill Gates recently announced he bought an all-electric Porsche Taycan, rather than a Tesla. The news caused Tesla CEO Elon Musk to respond saying his “conversations with Gates have been underwhelming.” Elon Musk isn’t impressed with fellow billionaire entrepreneur Bill […]
Good morning! Below are the top tech startups news for today, Tuesday, February 18, 2020. Dell to sell its cybersecurity unit RSA for $2.08 billion. Dell Technologies announced Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a […]
Atomico, a venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund — the biggest since it was set up by the billionaire in 2006. The oversubscribed fundraise closes above its target of […]
Lumu, a cybersecurity startup that focuses on helping organizations measure compromise in real-time, officially announces it will be coming out stealth mode at next week’s RSA Conference. Lumu is a cloud-based solution that collects and standardizes metadata from across the network, including […]
Be My Eyes is a free mobile app that connects blind and low-vision people with sighted volunteers and company representatives for visual assistance through a live video call. The app connects a community of half a million volunteers around the […]
Semios, a Vancouver, Canada-based precision farming startup, has raised $75 million in private equity funding to advance the development of its data-driven crop management solution. The round, which was led by Morningside Group, a Boston-based private equity and venture capital firm, […]
Grove Ventures, a Tel Aviv, Israel-based venture capital firm, today announced the final closing of Grove Ventures II (“Grove II”) with total commitments of $120 million. Led by prominent Israeli high-tech investor and entrepreneur Dov Moran, Grove Ventures invests in early-stage […]
Pamlico Capital (“Pamlico”), a 32-year old private equity firm that primarily invests in growing middle market companies in North America, today announced the close of $1.4 billion for its Pamlico Capital V (“PC V”) fund. The funding for the oversubscribed […]
Coronavirus claims its first corporate victim today as Apple announced it won’t be able to meet quarterly revenue guidance due to the coronavirus constraining its iPhone supply and demand for its products. The tech giant said the outbreak constrained iPhone […]
Dovetail, a Sydney, Australia customer research platform startup, announced today it has raised $4 million in seed funding to accelerate global expansion into the enterprise market. The round was led by Blackbird Ventures, with participation from Felicis Ventures and Culture Amp’s […]
