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 […]
Northzone, the first venture capital firm to invest in Spotify, on Monday announced that it had raised a $500 million (£390 million) fund to invest in early stage startups in Europe and the U.S. The investment is aimed primarily for investments in […]
Unstoppable Domains, a San Francisco-based tech startup building domains on blockchains, has launched additional $1 million to help wallets, browsers and decentralized applications integrate blockchain domains. Back in May, the startup raised $4 million from Draper Associates and Boost VC […]
Plentific, a London, England-based real estate startup that empowers landlords and property managers to deliver more efficient repairs and maintenance services, has secured $32 million in a Series B funding round to accelerate its ambitious growth plans. The funding round was led by […]
Eight years ago, Marc Andreessen penned his famous essay on why software is eating the world. The essay was about how software is permeating every area of our lives, from cars we drive, to automation in homes, and smart devices we […]
DadeSystems, a fintech startup that offers accounts receivables automation solutions for organizations, today announced that it has raised a $9 million Series D growth funding to grow its suite of solutions, collectively referred to as DadePay. The round was led […]
Virtual Kitchen Co (VKC), a San Francisco based tech startup focused on food delivery logistics and technology, today announced its formal launch with a $15M Series A financing round led by Andreessen Horowitz and Base10 Partners. Led by former Uber senior team, […]
Today, almost half of phishing emails pass through the traditional anti-spam filters. It is becoming increasingly difficult for current anti-spam filters to keep up as hackers continue to adapt and evolve their phishing and email attacks. INKY is an anti-phishing […]
Robotic Process Automation (RPA) is an emerging form of business process automation technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business […]
Hello! Below are some of the top tech startup news for today, Thursday, November 14, 2019. Apple reportedly planning mega bundle of Music, News, TV subscription as early as 2020. Yesterday, we reported about Disney success with its recently launched […]
EIT InnoEnergy, the world’s largest sustainable energy accelerator, announced the launch its first ever global call for startups and is looking to invest in US innovators whose ideas are tackling climate change. The call is open to start-ups worldwide in […]
Alpine Investors, a San Francisco, California-based private equity firm that invests in software and services, has closed $1 billion for its Alpine Investors VII (“Fund VII”) fund. The Fund VII was oversubscribed, well exceeding its $750 million target and hitting its […]
Nearly 52 percent of restaurant professionals rank high food and operating costs as a top challenge in running a restaurant, according to the Toast Restaurant Success in 2019 Industry Report. Access to capital from brick and mortar financial institutions has […]
Liqid, a data center automation startup that provides software-defined composable infrastructure solutions, has raised $28 million Series B funding to accelerate growth, increase budgets for personnel in operations, sales, marketing, engineering, and other business-critical functions. The round, which brings the total company funding […]
Track160, a Tel Aviv, Israel-based AI and machine learning startup that quantifies performance and tactics metrics in team sports, has closed $5 million Series A funding round to grow the development team and expand into new geographies and markets. The round was led […]
