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Posts Tagged ‘startups’

Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million. This marks the second AI-fueled networking company Juniper has acquired in the last year and a half after purchasing Mist Systems in March 2019 for $405 million. With 128 Technology, the company gets more AI SD-WAN technology. SD-WAN ...

Pimloc gets $1.8M for its AI-based visual search and redaction tool

U.K.-based Pimloc has closed a £1.4 million (~$1.8 million) seed funding round led by Amadeus Capital Partners. Existing investor Speedinvest and other unnamed shareholders also participated in the round. The 2016-founded computer vision startup launched a AI-powered photo classifier service called Pholio in 2017 — pitching the service as a way for smartphone users to ...

Dear Sophie: I came on a B-1 visa, then COVID-19 happened. How can I stay?

I had only planned to stay a couple months, but got stuck. Now my company has some real opportunities to expand. How can I stay and start working? ...

M1 Finance closes $45M Series C mere months after it raised its $33M Series B

Just months after it announced a $33 million Series B, Chicago-based M1 Finance today disclosed a $45 Series C. The new financing event was led by Left Lane Capital, the same investor that led M1’s Series B. Bear in mind that so-called inside rounds are now a bullish sign in 2020, as opposed to in prior ...

Getaround raises a $140 million Series E amid rebound in short-distance travel

Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars near them in over 100 cities, announced today that it has raised $140 million in a Series E deal, bringing its total known venture funding ...

Spendesk raises another $18 million for its corporate card and expense service

French startup Spendesk has added $18 million to its Series B round. The company already raised $38.4 million as part of its Series B last year, which means that it raised $56.4 million as part of this round. Eight Roads Ventures is investing in today’s extension round. Spendesk, as the name suggests, focuses on all ...

Cyberpion raises $8.25M in seed funding to help businesses secure assets beyond their firewall

Hijacking a company’s DNS or injecting code into third-party tools are the kind of attacks that many companies aren’t equipped to handle. Cyberpion, a new security startup founded by a number of experienced security experts, aims to help enterprises identify and neutralize these kinds of risks that typically stem from connections to their infrastructure assets, ...

Hong Kong and New York-based Easyship joins Shopify Plus’ tech partner program

Easyship, a logistics startup that allows e-commerce sellers to add multiple carriers to their stores, announced it has joined the Shopify Plus Technology Partner Program. Easyship is headquartered in Hong Kong and New York. Co-founder Tommaso Tamburnotti told TechCrunch it is the only shipping app in Asia for Shopify Plus, the e-commerce platform’s solution for ...

Malaysian on-demand work platform GoGet lands $2 million Series A

GoGet, a Malaysian on-demand work platform, announced today that it has raised a $2 million Series A led by Monk’s Hill Ventures. The platform currently has 20,000 gig workers, who are called “GoGetters,” and has onboarded 5,000 businesses, including Lazada Malaysia, IKEA Malaysia, Foodpanda and flower delivery service BloomThis. While Malaysia has other on-demand work ...

With thousands of subscribers, The Juggernaut raises $2 million for a South Asian-focused news outlet

As paid newsletters grow in popularity, Snigdha Sur, the founder of South Asian-focused media company The Juggernaut, has no qualms about avoiding the approach entirely. In October 2017, Sur started The Juggernaut as a free newsletter, called InkMango. As she searched for news on the South Asian diaspora, she found that articles lacked original reporting, ...