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Archive for the ‘Miscellaneous Articles’ Category

Still in stealth mode, Duffel raises $21.5m in Series A from Benchmark for its travel platform

Ten months ago London startup Duffel hinted that it would be “a new way to book travel online, aiming at the booking experience ‘end to end’”, and announced a healthy $4.7M funding round, but not much else. Today it goes further, announcing a $21.5m in Series A funding from US VC giant Benchmark, which also ...

Berlin’s Cherry Ventures raises new €175M fund to back early-stage startups across Europe

Cherry Ventures, the Berlin-based investor that backs European companies predominantly at seed-stage, has raised a third fund. The new “Cherry Ventures III” has closed at €175 million and will continue to be focused on seed, although the firm has historically invested at pre-seed and Series A, too. It will remain fairly industry agnostic, backing promising ...

Blue Prism acquires UK’s Thoughtonomy for up to $100M to expand its RPA platform with more AI

Robotic process automation — which lets organizations shift repetitive back office tasks to machines to complete — has been a hot area of growth in the world of enterprise IT, and now one of the companies that’s making waves in the area has acquired a smaller startup to continue extending its capabilities. Blue Prism, which ...

Microsoft’s first data center regions in the Middle East are now generally available

Microsoft today announced that is first data center regions in the Middle East are now online. The data centers are located in Abu Dhabi and Dubai and will offer local access to the usual suite of services, including Azure’s cloud computing services and Office 365. Support for Dynamics 365 and Microsoft’s Power Platform will arrive ...

Meero raises $230 million for its on-demand photo platform

Chances are you always look at photos before you order food in your favorite food delivery app, or before you book a hotel room. French startup Meero wants to make the web and mobile apps look beautiful by helping businesses get good photos. And the company just raised a $230 million funding round. Eurazeo, Prime ...