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Posts Tagged ‘CEO’

Interswitch to revive its Africa venture fund, CEO confirms

Pan-African fintech company Interswitch plans to fire up its corporate venture arm again—according to CEO Mitchell Elegbe—who spoke at TechCrunch Disrupt on Wednesday. The Nigerian founder didn’t offer much new on the Lagos-based firm’s expected IPO, but he did reveal Interswitch will revive investments in African startups. Founded by Elegbe in 2002, Interswitch pioneered the ...

Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 million from LA’s own venture fund, Upfront Ventures and a clutch of ...

Dgraph launches Slash GraphQL, a GraphQL-native database Backend-as-a-Service

Dgraph Labs, the startup behind the popular eponymous graph database, today announced the launch of its Slash GraphQL service. Slash GraphQL is a fully managed GraphQL backend service that is, of course, powered by Dgraph. As Manish Jain, Dgraph’s CEO and founder (and one of the engineers behind Google’s massive graph database infrastructure), told me, ...

Zymergen raised $300 million because synthetic biology is so hot right now

Zymergen, one of the companies that’s developing biomanufacturing technologies which could reshape any number of industries, said it has raised $300 million in financing yesterday. It’s part of a wave of biotech companies that TechCrunch covered in depth last month. Synthetic biology startups are giving investors an appetite The investment total, announced yesterday, includes Series ...

As it delists, Rocket Internet’s ill-fated experiment with public markets is over

It was all supposed to be so different. When Rocket Internet IPO’d in 2014 it was the largest tech company floatation in Europe for seven years. A year later it had lost $46 million and its valuation had dropped by 30%. Since then the German startup factory behind internet companies such as Delivery Hero, Zalando ...

Turing raises $14M to help source, vet, place and manage remote developers in tech jobs

The emergence, and now seemingly extended presence, of the novel coronavirus health pandemic has made remote working into a pretty standard part of office life for so-called knowledge workers. Today, a startup that has built a labor marketplace to help companies source and develop teams of remote developers is announcing some funding as to looks ...

Azure’s Immersive Reader is now generally available

Microsoft today announced that Immersive Reader, its service for developers who want to add text-to-speech and reading comprehension tools to their applications, is now generally available. Immersive Reader, which is part of the Azure Cognitive Services suite of AI products, developers get access to a text-to-speech engine, but just as importantly, the service offers tools ...

Rocket Lab sets return to flight with next launch as early as August 27

Rocket Lab has made a remarkable recovery after losing a payload during a mission failure on July 4 – just eight weeks later, the company has set a launch window for its next dedicated commercial mission that spans 12 days beginning August 27 at 3:05 PM local New Zealand time. At the end of July, ...

TikTok’s big UnitedMasters deal is the way forward for creators looking to secure their bag

TikTok is right in the jaws of a thorny situation with the U.S. Government regarding its ownership, but it’s sending a clear message today that it is not sitting on its heels with big deals. Yesterday, it announced a deal with UnitedMasters to allow artists on TikTok to distribute their songs directly to streaming services ...

Hour One raises $5M Seed to generate AI-driven synthetic characters from real humans

All of the people pictured above are real, but what you are seeing are synthetically-generated versions of their real selves. And they can be programmed to say anything. Tech futurists have long warned about humans being replaced by life-like AI-driven figures, where it would be almost impossible to tell between machine and human. Indeed, there’s ...