Onfido raises $30M more for its AI-based identity verification technology
Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organizations that do business with them. Now a company called Onfido, which has built a way to help websites verify people’s identities using a photo-based identity document, a selfie and… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/RPzcrNJLkOw/
Chime raises $18 million for mobile banking without the fees
Chime is raising $18 million in Series B financing for its mobile-first approach to banking. It’s a bank account and debit card built for the digital age. Without monthly fees or overdraft charges, Chime tries to appeal to the millennial generation, touting its affordability and easy-to-use app. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/GDmKn5uoxjg/
Eden raises $10 million Series A to build out its office management marketplace
Eden, the office management and tech support platform, has today closed $10 million in Series A funding led by Spectrum 28, with participation from Fifth Wall Ventures, Bessemer Venture Partners, Y Combinator Continuity Fund, Canvas Ventures, Comcast Ventures, Eniac Ventures and other existing investors. Eden started out as a tech support service for both businesses and consumers. The… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/ZDVRCe5CgPE/
Pi Labs, a ‘pre-Series A’ property tech VC based in London, closes $10M second fund
Property Innovation Labs (Pi Labs), an accelerator-turned-early-stage VC fund that invests in property tech startups ‘pre-Series A’, has closed a second fund of $10 million, from which it plans to make a total of 35 investments. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/WBxehtgHoyc/
Managed By Q, the office management system, acquires Hivy
Managed by Q, the platform that helps office managers handle day-to-day operations, has made its first acquisition, picking up Y Combinator graduates Hivy for an undisclosed amount.
Managed By Q lets office managers book cleanings, handy work, IT help, and order office supplies thanks to a partnership with Staples. MBQ has raised upwards of $72 million and now serves New York, Chicago, San… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/rDQ9EvUKLTo/
Vimeo acquires Livestream, launches its own live video product
After abandoning its plans to launch a subscription video-on-demand business earlier this year, IAC-owned streaming video site Vimeo announced today that it’s acquiring the live video streaming platform, Livestream, and launching its own live streaming product, Vimeo Live. The move to integrate Livestream’s technology into Vimeo will allow video creators to capture, edit, stream… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/eIIrP7o4tnA/
ProsperWorks raises $53M for its G Suite-centric CRM service
ProsperWorks, a service that offers a set of Google-centric CRM tools, today announced that it has raised a $53 million Series C round led by Norwest Venture Partners, with participation from GV (the fund you probably still remember as Google Ventures). This new round brings the company’s total funding to $87 million, which, in ProsperWorks’ own words, makes t the “#1 funded… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/APlVAuCd-YA/
Fairphone takes $7.7M to push for change across the electronics value chain
European mobile device maker Fairphone, which designs modular smartphones with the aim of supporting repairability and encouraging sustainability, has taken in new investment of €6.5 million ($7.7M). It says it’s hoping to use the financing to build wider support for a push towards a circular economy for consumer electronics. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/Dqloj34drEw/
Package delivery startup Doorman is shutting down
Doorman, a startup delivering packages when you schedule them will be no more after October 6th, 2017.
The startup sent a letter over the weekend letting customers know it would no longer be in business in two weeks, saying it was “joining forces with a larger team.”
We’re not sure if this joining of forces means Doorman has been acquired or if it’s some other structure. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/S7GStFQL6Wk/
Zuck and Bezos back seed stage scout fund Village Global
Product Hunt’s first employee Erik Torenberg is ready to fund fresh new startups, not just reveal them to the world. Today is the soft launch of Village Global, a seed and pre-seed early stage venture capital fund looking to connect entrepreneurs to cash as well as all-star mentors. Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, LinkedIn’s Reid Hoffman,… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/PHNgXfPRc_c/
Mobile hardware lab Nanoport gets $7 million in seed funding
Held at Moscone Center in San Francisco earlier this month, Mobile World Congress Americas was a pretty uninspiring show, but a few interesting startups stood out among the rows and rows of mobile companies. Nanoport was among the more interesting exhibits on the floor, offering up an array of different smartphone technologies aimed at rethinking the way we interact with our devices. The… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/TUSApMlbse8/
Didi invests $200M in Chinese auto trading platform RenRenChe
China’s Didi Chuxing is already well-known for making investments, but this time around the ride-sharing company has stepped beyond backing companies in its core industry with its latest deal. That’s because Didi has backed RenRenChe, China-based online peer-to-peer car marketplace, via a strategic investment that is confirmed at $200 million. It’s not clear what… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/5l_mzKPOdDA/
Accelo hauls in $9 million to digitize operations for project-driven small businesses
Accelo, a six-year old startup, is trying to solve a big problem for project-driven small businesses like architects, accountants and designers. These companies, which typically have less than 100 employees, don’t usually have access to software to get a complete view of their business operations. That’s where Accelo comes in. It has designed a set of tools specifically for… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/dICJkrQpFkQ/
Marketing startup Synup gets $6M Series A to help brands manage their online reputation
Synup, a startup that helps marketers monitor where their brands are mentioned online, announced that it has raised $6 million in Series A funding led by Vertex Ventures. Existing investor Prime Venture Partners also returned for the round. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/XmGUDb91qSc/
Inkitt, a ‘reader powered’ book publisher, raises $3.9M to discover the next best-selling author
Inkitt, which bills itself as “the world’s first reader-powered book publisher,” has raised $3.9 million in pre-series A funding, in a round led by Redalpine, with Frontline Ventures, Speedinvest and a number of private investors also participating. The Berlin-based startup is part writing and reading community, and part publishing house, with one aspect feeding the other. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/6fiknQD2dSM/
Photo marketplace Picfair raises £1.5M, aims to ‘weaponise’ photographers
Picfair, the London-based photo marketplace founded by ex-journalist Benji Lanyado, has raised £1.5 million in new funding — capital it plans to use to market its “fair trade photography” proposition to the plethora of companies that need authentic photo content. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/f8aq-jJuxko/
Backed by Accel, GlowRoad helps Indian women build home businesses
Indian e-commerce company GlowRoad is built on a simple premise. By connecting manufacturers with resellers and using drop shipping, it keeps everyone’s overhead costs low. The Bangalore-based startup, however, doesn’t just aspire to be an online reseller network. Founded by a former physician, GlowRoad’s goal is to give housewives and stay-at-home mothers a low-risk way to… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/QHZ2KPr055s/
SAP buys customer identity management firm Gigya for $350M
SAP, the German enterprise software giant, today announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal have not been disclosed officially, but our sources tell us it is for $350 million. This was the same figure that was reported yesterday when the news leaked… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/RoPLVnaODKo/
Deliveroo raises $385M in new funding, now valued at ‘over $2 Billion’
Deliveroo, the London headquartered restaurant food delivery startup, has raised $385 million in new funding, giving it a valuation of “over $2 billion,” according to the company. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/Gdh9naoVu4w/
Southeast Asia games firm Sea, formerly Garena, files for $1 billion US IPO
Southeast Asia-based games and e-commerce firm Sea, formerly known as Garena, has officially filed for its much-anticipated U.S. IPO. The company, which is valued at over $3.75 billion, will list on the New York Stock Exchange as ‘SE’ and is looking to raise $1 billion. Sea is best known for its Garena gaming business, which predominantly focuses on PC games but also includes… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/52wTxQY3mB8/ Source: https://techcrunch.com/
