French startup Spendesk just raised $9.9 million (€8 million) from Index Ventures with Michael Benabou, Laurent Asscher and Showpad cofounders Louis Jonckheere and Pieterjan Bouten also participating. Spendesk is a service that combines prepaid cards with an expense report solution. After signing up, each employee receives a personal card. Companies can top up their global
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The Mavic Air is a minor engineering marvel. The first time you set up DJI’s new drone it’s like trying to solve a puzzle box. You flip, you twist, you unfold. The metal joysticks are safely nestled inside the flip-out arms of the controller, the landing gear safely nestled in the propeller arms. Not a
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Facebook’s latest step in its on-going effort to fix its embattled news delivery offering involves prioritizing local sources. The social media giant announced today in a blog post that, along with efforts to elevate content from friends and outlets designated as “high quality,” the site will be working to push local news offerings to the
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In the latest chapter of GAFAM’s continuing bid to conquer online gaming, Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed.
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Boeing’s HorizonX is the aerospace company’s vehicle for making investments in promising next-generation startups and technology, and it just placed its latest bet: funding in Cuberg, a Berkeley-based battery tech startup that has a founding team including Stanford University researchers. Battery tech is still one of the most frustrating roadblocks any company encounters when trying
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ContentSquare, which offers cloud-based software that helps businesses understand how and why users are interacting with their app, mobile and web sites, has picked up $42 million in Series B funding. The round is led Canaan, the U.S. VC firm that has previously invested in LendingClub, Ebates, and Match.com, with participation from previous backer Highland
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As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to understand their customer’s private data. BigID thinks it has a solution and it landed a $14 million Series A investment today to help grow the idea. Comcast Ventures, SAP (via SAP.io),
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Goxip, a Hong Kong-based social shopping service, has raised $5 million to branch out into influencer marketing. The investment was led by Meitu, the $6 billion Hong Kong-listed company that develops selfie apps and selfie-optimized phones, with participation from Hong Kong conglomerate Nan Fung Group via its inaugural Mills Fabrica Fund. Others who took part
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Google has confirmed its investment in Go-Jek, the hail-railing service that rivals Uber and Grab in Indonesia. TechCrunch reported the investment last week, which was made alongside China’s Meituan-Dianping and Singaporean sovereign fund Temasek. The trio were part of a final tranche of a $1.2 billion round that Go-Jek began negotiating on last April, with
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The battery life of wearables, IoT devices, and smartphones remains one of the tech industry’s biggest challenges and often a significant barrier to mainstream adoption. (I, for one, can’t think of anything more tedious than having to charge a watch every night). There are various ways to tackle this problem, from better power management software
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Something is rotten in the state of technology. But amid all the hand-wringing over fake news, the cries of election deforming Kremlin disinformation plots, the calls from political podia for tech giants to locate a social conscience, a knottier realization is taking shape. Fake news and disinformation are just a few of the symptoms of what’s
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Big IPOs by the best-known brands tend to dominate attention in startup circles. Last year, for instance, it was hard to miss headlines about Snap’s monumental market debut. But when it comes to delivering significant returns on invested capital, it’s often lower-profile companies that come out on top. Startups like personalized fashion provider Stitch Fix and cancer therapy developer Impact
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