• 19
    Feb

    BluBracket scores $6.5M seed to help secure code in distributed environments

    BluBracket, a new security startup from the folks who brought you Vera, came out of stealth today and announced a $6.5 million seed investment. Unusual Ventures led the round with participation by Point72 Ventures, SignalFire and Firebolt Ventures. The company was launched by Ajay Aurora and Prakash Linga, who until last year were CEO and CTO respectively at Auroa, a security ...
  • 11
    Feb

    Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

    Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include BECO Capital, Silicon Badia, Vostok New Ventures, Crescent Enterprises’ CE-Ventures and Endeavour Catalyst. ...
  • 30
    Jan

    Avast shuts down marketing analytics subsidiary Jumpshot amid controversy over selling user data

    Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting and selling on user data, some of which it amassed by way of those security tools. But as of today, the latter of those businesses is no longer. Avast  announced that it ...
  • 30
    Jan

    Tesla temporarily closes Shanghai factory over coronavirus concerns

    Tesla  has shut down its Shanghai factory as part of a broader order by the Chinese government to stem the spread of the coronavirus in the region, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during an earnings call Wednesday. Prior to the ...
  • 29
    Jan

    OpenPhone grabs $2 million for its business phone number app

    Y Combinator graduate OpenPhone is raising a $2 million funding round led by Slow Ventures. The company is working on an app that lets you seamlessly get a business phone number without a second phone or a second SIM card. Y Combinator, Kindred Ventures, Garage Capital, 122WEST Ventures and others are also participating in today’s funding round. Compared to Aircall and other enterprise solutions, ...
  • 28
    Jan

    Chicago’s ActiveCampaign raises $100M for an all-in-one marketing and sales automation platform

    Marketing and sales automation — tools that leverage the advances and data of our digital age to better identify and then interact with customers — is big business, with the whole market expected to generate some $6.6 billion in revenues for related companies by 2025. But “companies” is the operative word here: it’s a very fragmented space, with dozens of hopefuls covering ...
  • 27
    Jan

    Teller raises $4M to take on Plaid in the U.S. by providing API access to ...

    “They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up to be. Instead, incumbent banks were incapable of change and would ...
  • 27
    Jan

    Indian B2B packaging marketplace Bizongo raises $30M

    Bizongo, one of the largest business-to-business online marketplaces for packaging needs in India, has raised $30 million in fresh funding round as it looks to widen its footprint in the nation and expand to more categories. The new financing round, Series C, was led by Switzerland-based hedge fund Schroder Adveq, which manages assets worth $10 billion. Existing investors B Capital, ...
  • 24
    Jan

    Uber’s self-driving unit starts mapping Washington, D.C. ahead of testing

    Uber  Advanced Technologies Group will start mapping Washington, D.C., ahead of plans to begin testing its self-driving vehicles in the city this year. Initially, there will be three Uber vehicles mapping the area, a company spokesperson said. These vehicles, which will be manually driven and have two trained employees inside, will collect sensor data using a top-mounted sensor wing equipped with ...
  • 22
    Jan

    Your Sonos system will stop receiving updates if you have an old device

    Smart speaker manufacturer Sonos has announced that the company is going to drop support for some of its products. Sonos stopped selling these devices a few years ago. While nothing lasts forever, dropping support is going to have a lot of implications and shows once again that the connected home isn’t as future-proof as expected. Sonos  points out that 92% of the products that it ...