Angry Birds-maker Rovio Entertainment priced its IPO at 11.50 euros, at the top of its proposed range. It raises 30 million euros in proceeds.This values the company a little above $1 billion, just half of the $2 billion the company was previously said to be hoping for. The company previously raised at least $42 million in venture funding from Accel, Atomico, Felicis Ventures and… Read More
During this week’s roundtable, we had as our guest Jana Eggers, CEO of Nara Logics, Inc., an AI startup that has successfully pivoted from B-to-C to B-to-B under her leadership. We discussed...
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Jared bootstrapped his company with his Barmitzvah money. Read his wonderful story! Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised,...
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Today’s 369th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, September 28, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are...
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Today’s 369th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, September 28, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All...
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Varsity Tutors, the education platform that connects students with tutors, has today announced the acquisition of First Tutors in the UK. This marks the first major international expansion for Varsity Tutors, which has raised $57 million since launch in 2011. The terms of the deal were not disclosed. Varsity Tutors originally launched as a platform that would connect tutors with students and… Read More
Aeronautics industry giant Airbus is teaming up with hardware early-stage investment firm HAX to create a four-month accelerator program based in Shenzhen focused on a high-flying goal – “urban air mobility.” The program will seek to guide startups working on various aspects of flying cars and aerial city transportation, including air traffic management, perception systems… Read More
According to a report by Emergent Research, the global number of co-working members are projected to grow 41% annually over the next four years through 2020. Co-working company and Billion Dollar...
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Sramana Mitra: You were doing Tech Stars in Austin? Ryan Farley: Yes. We were with 10 other companies that were all just incredible. It was something that we hadn’t seen before within entrepreneurial...
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It’s time to put an end to these dumb automatic customer support calls that ask you to press 1, then press 4, then press 2, then say “yes”… CallDesk is working on a virtual agent for customer support calls. Think something like Siri for customer calls. Point Nine Capital and EQT Ventures are investing in today’s funding round of $2.5 million (€2.1 million). There… Read More
September 27, 2017
This is worth the full ten minutes. Sit back, relax, and be amazed.
Also published on Medium.
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
Don’t expect the ARKit app rush to end any time soon. MojiLala, the betaworks-backed marketplace for emojis and emoticons, is today launching their second app. Meet Surreal, a marketplace that lets users buy virtual objects. The app opens up to an outward-facing camera and lets users choose animated virtual objects, which they can place in a photo or video. Right now, Surreal only… Read More
XO Group has acquired Veri, a startup that allows users to automatically share photos of weddings and other important events.XO Group’s flagship property is The Knot, which has been used by 25 million couples to plan their weddings. So Veri seems like a pretty natural fit — the digital media company says it paid $3.5 million in cash for the startup.Both CEO Michael Steib and… Read More
There’s a lot of talk about employees wanting much more flexible work schedules, and a lot of that is thanks to the emergence of companies like Lyft and Uber that allow people to work on their own schedules. But that ability still doesn’t exist for the rest of the world, especially when it comes to hourly jobs with rigid schedules. But that doesn’t mean that employees… Read More
Today, yet another subscription service joins the pack. Sofia Vergara and Renata Black’s EBY underwear enterprise has just gone live, letting users sign up to receive three pairs of new underwear every three months. But EBY is much more than your average subscription service. Just as Warby Parker and Lemonade built a layer of social good right into their businesses, EBY is also using… Read More
Fintech startup Revolut is trying so many things at once that it’s hard to keep track of everything. This time, the company is partnering with Simplesurance to launch a new insurance product. You can now insure your cell phone for £1 per week/£42 per year, which represents $1.35 per week/$56.50 per year. Most telecom companies already provide cell phone insurance options. But they tend… Read More
Startup funding may seem like a cut-and-dry affair. Money goes into a startup in exchange for shares in the startup. Easy enough, right?Not so much. There are plenty of complex terms, clauses, provisions and other conditions written into investment agreements. So in this series, we’re exploring how some of the most common funding terms affect the fundraising process. Read More
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
One of the big promises with iOS 11 is ARKit. This new framework makes it much easier to look at virtual objects in the real world using augmented reality. Sketchfab has been building the biggest 3D model sharing platform, a sort of YouTube for 3D models. That’s why today’s iOS update turns Sketchfab into a thorough augmented reality app. This implementation isn’t perfect… Read More