Google to acquire Xively IoT platform from LogMeIn for $50M
Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google indicated it wants to use this purchase as a springboard into the growing IoT market, which it believes will reach 20 billion connected things by 2020. Read More
With $250 million, Peter Diamandis’ new startup is all about taking stem cells from placentas
Stem cells derived from a human placenta hold the key to unlocking a myriad of potentials in regenerative medicine and are the focus of X-Prize and Singularity University founder Peter Diamandis’ new endeavor. Called Celularity, the startup is a spinout from Celgene, a global biopharmaceutical company creating gene therapies. Diamandis teamed up with Dr. Robert Hariri, the founder of… Read More
Uncommon.co launches and raises $18m to bring objectivity and efficiency to hiring
Traditional models of recruiting are a mess. At companies like Google, quite literally millions of people apply for open roles, forcing hundreds of recruiters to sift through thousands of resumes per job opening. Worse, in their race to process through those applicants, recruiters often use fuzzy and subjective impressions of a candidate to match them to a role, rather than clear and… Read More
Lydia raises $16.1 million to become the PayPal of mobile payments
French startup Lydia is raising a $16.1 million round (€13 million) led by CNP Assurances with existing investors XAnge, New Alpha AM, Oddo BHF and Groupe Duval also participating.
Lydia isn’t the first startup that wants to replace PayPal, and also probably not the last one. But it’s clear that the company is slowly becoming mainstream in France. The company first focused on… Read More
LiveLike raises $9.6M to get more broadcasters streaming in VR
LiveLike, a startup that powers VR streaming experiences for broadcasters like FOX Sports and Sky, has raised a $9.6M Series B round led by Greycroft Partners and Lepe Partners. This brings total funding raised to just over $23M. As a refresher, LiveLike’s VR experience let you select different camera angles, sit in and look around a virtual “suite”, view pre-produced content… Read More
Beyond the BS of Singularity U’s $32M raise to teach trendspotting
Twenty minutes into my interview with CEO Rob Nail, and I still couldn’t cut through the buzzwords about his online and in-person education startup. So I asked him straight up, “with as little BS as possible, what does Singularity University do?” He told me “You learn to read the news differently and how to identify which of all the crazy breakthroughs might be relevant… Read More