Oracle grabs Zenedge as it continues to beef up its cloud security play
Oracle announced yesterday that it intends to acquire Zenedge, a 4-year old hybrid security startup. They didn’t reveal a purchase price. With Zenedge, Oracle gets a security service to add it to its growing cloud play. In this case, the company has products to protect customers whether in the cloud, on-prem or across hybrid environments. The company offers a range of services from… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/bzNx60Tge9I/
Online estate agency Home Made raises £850K seed at £4.3M post-money valuation
Home Made, which is focused exclusively on London lettings for properties in the £500,000-plus range, has raised £850,000 in seed funding. The round is led by private equity firm Tethys Equity and is said to give the young company a £4.3 million post-money valuation. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/UxJ1r_BE8fU/
ICO startups band together to create $100M+ grant fund for Ethereum projects
In a first of its kind, half a dozen ICO companies have come together to collaborate on a new fund that plans to pay out more than $100 million to promising projects in the Ethereum crypto space. The vehicle — called the Ethereum Community Fund (ECF) — will be supported by crypto projects OmiseGo, Cosmos, Golem, Maker, and Raiden, with Japanese VC Global Brain also in tow. The… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/YqMpQmf7e5g/
Equity podcast: Uber’s losing billions, Amazon lays off hundreds and somehow Instacart gets more money
Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, which is losing lots of money in Asia… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/wsZWLXgQvh0/
Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M
Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/uAT7kKlo_fM/
India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra
India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder Greg Moran added that the round is still open and may be extended… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/pnHlJJrBDXU/
The Rise of the Rest seed fund announces its first group of investments
The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150 million fund was launched in December by Steve Case and J.D. Vance, with backing from many of America’s most influential businesspeople, to support tech ecosystems outside of Silicon Valley, New… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/7kPxsxs1-08/
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 Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/C6LFiy2zi_c/
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 Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/4Vxcfz3XwGo/
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 Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/ZwK2JJXQuSI/ Source: https://techcrunch.com/
