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AI-powered competitive enablement platform Klue lands $62M led by Tiger Global
<p>Klue, an AI-powered competitive enablement platform, has raised $62 million in Series B funding led by Tiger Global, with participation from Salesforce Ventures. The Vancouver-based company combines intel collection capabilities with a modern approach to content distribution aimed at providing users with the insights needed to drive revenue and business impact. The platform automatically gathers […]</p>
Rahul Patil
Dec 1, 20212 min read
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Anchor gets $15 million seed funding to expand its B2B autonomous billing solution
<p>Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses and brings forth cash flow issues. The wasted time and other challenges suffered during payment collection mainly stem from a reliance on manual billing cycles and processes, which are laborious, time-consuming, and prone to mistakes and fraud. […]</p>
Rahul Patil
Dec 1, 20213 min read
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Elon Musk shills a $50 Tesla Cyberwhistle with a joke about whistleblowers
<p>Tesla has yet to produce its all-electric Cybertruck, but diehard fans who need to lay their hands on something new and associated with the highly anticipated and delayed vehicle can now buy a cyberwhistle for $50. Yes, a whistle. Tesla CEO Elon Musk tweeted Tuesday a link to the webpage for his 65.1 million followers to […]</p>
Rahul Patil
Nov 30, 20212 min read
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Korea’s P2P lending startup PeopleFund gets $63.4M Series C led by Bain Capital
<p>South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 million (75.9 billion won) Series C round led by Bain Capital with participation from Goldman Sachs. Returning investors in the round include CLSA Lending Ark Asia and 500 Global. The latest funding brings the total raised by PeopleFund to about $83.6 […]</p>
Rahul Patil
Nov 30, 20213 min read
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Korea’s P2P lending startup PeopleFund gets $63.4M Series C led by Bain Capital
<p>South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 million (75.9 billion won) Series C round led by Bain Capital with participation from Goldman Sachs. Returning investors in the round include CLSA Lending Ark Asia and 500 Global. The latest funding brings the total raised by PeopleFund to about $83.6 […]</p>
Rahul Patil
Nov 30, 20213 min read
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The unbundling of professional learning and entrepreneurship education
<p>While both LinkedIn and Y Combinator are still going strong, a new crop of companies are looking to fill the gap via structured online experiences that combine training and connections.</p>
Rahul Patil
Nov 30, 20215 min read
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AWS gets a no-code ML service
<p>AWS today announced a new machine learning service, Amazon SageMaker Canvas. Unlike its existing machine learning services, the target audience here isn’t highly technical data scientists and engineers but any engineer or business user inside a company. The promise of SageMaker Canvas is that it will allow anybody to build machine learning prediction models, using […]</p>
Rahul Patil
Nov 30, 20211 min read
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Amazon launches preview of new AWS Private 5G managed service
<p>At Amazon’s AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service that aims to make it easy to deploy and manage your own private network. The launch is meant to address the challenges companies are facing with leveraging 5G. AWS CEO Adam Selipsky said that […]</p>
Rahul Patil
Nov 30, 20212 min read
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Formula E says third-gen vehicle will be the world’s most efficient race car
<p>Formula E has announced what it claims is the planet’s most efficient race car. Teams will use the third-generation (Gen3) electric car in the 2022-23 season and can start testing it in the spring.</p>
Rahul Patil
Nov 30, 20212 min read
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Brazilian workspace-on-demand marketplace BeerOrCoffee snags $10M
<p>BeerOrCoffee, a São Paulo-based flexible office marketplace, has raised $10 million in a Series A round led by Kaszek. Valor Capital Group also participated in the round, which brings BeerOrCoffee’s total raised to about $13 million since its 2017 inception. Kees Koolen, the founder of Booking.com, led the startup’s seed round in 2018. BeerOrCoffee describes […]</p>
Rahul Patil
Nov 30, 20210 min read
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Brazilian workspace-on-demand marketplace BeerOrCoffee snags $10M
<p>BeerOrCoffee, a São Paulo-based flexible office marketplace, has raised $10 million in a Series A round led by Kaszek. Valor Capital Group also participated in the round, which brings BeerOrCoffee’s total raised to about $13 million since its 2017 inception. Kees Koolen, the founder of Booking.com, led the startup’s seed round in 2018. BeerOrCoffee describes […]</p>
Rahul Patil
Nov 30, 20210 min read
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Cyber Week online spending down 1.4% to $33.9 billion as U.S. consumers shopped earlier this year
<p>Consumer awareness of supply chain shortages and even earlier deals may have contributed to a slight decline in U.S. e-commerce sales during Cyber Week — the kickoff to the holiday shopping season that runs from Thanksgiving Day through Cyber Monday. Last year, U.S. consumers spent a record $34.4 billion during Cyber Week, up 20.7% from […]</p>
Rahul Patil
Nov 30, 20213 min read
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Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation
<p>Fundbox, a company that offers loans and financial products to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion. Or more simply, the company aims to solve SMBs’ working capital needs through its credit and payments offerings. It is particularly focused on B2B-focused small […]</p>
Rahul Patil
Nov 30, 20214 min read
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AWS targets the energy industry with launch of the AWS Energy Competency Program
<p>Amazon today announced a new program that will formally identify AWS Partners who develop specialized solutions aimed at the energy industry. The new AWS Energy Competency Program, as it’s called, will identify these specialized partners who have already demonstrated the technical expertise and customer success that can help energy producers around the world build and […]</p>
Rahul Patil
Nov 30, 20212 min read
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Sapphire Ventures secures largest capital raise to date across two new funds
<p>In all, Sapphire has brought in $3.7 billion in capital in the last 12 months.</p>
Rahul Patil
Nov 30, 20212 min read
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Cycode raises $56M Series B to help secure software supply chains
<p>Cycode, a startup that helps businesses secure their DevOps pipelines and software supply chains, today announced that it has raised a $56 million Series B funding round led by Insight Partners. YL Ventures, which led the company’s seed round, also participated in this round, which brings the total investment into the company to $81 million, […]</p>
Rahul Patil
Nov 30, 20212 min read
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ThreeFlow raises $45M to scale its employee benefits placement software
<p>ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in […]</p>
Rahul Patil
Nov 30, 20210 min read
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Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures
<p>Q-CTRL, a Sydney-based startup that provides quantum control engineering solutions, announced today it has raised a $25 million Series B led by Airbus Ventures with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, Square Peg Capital, Sierra Ventures, DCVC, Sequoia Capital China and In-Q-Tel. The latest funding will support hiring staff and enable new […]</p>
Rahul Patil
Nov 30, 20213 min read
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Abacum, a SaaS for finance teams, adds $25M in Atomico-led Series A
<p>Abacum, a SaaS maker geared toward upgrading midsized companies’ financial planning and analysis tools, has fast-followed the $7 million seed it raised in April with a $25 million Series A round. The latest funding brings its total raised to date to $32 million. The Series A is led by European VC Atomico, with participation from […]</p>
Rahul Patil
Nov 30, 20212 min read
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Irish virtual sports giant’s new startup bets big on rugby in bid for US market share
<p>A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market […]</p>
Rahul Patil
Nov 30, 20210 min read
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