After abandoning its plans to launch a subscription video-on-demand business earlier this year, IAC-owned streaming video site Vimeo announced today that it’s acquiring the live video streaming platform, Livestream, and launching its own live streaming product, Vimeo Live. The move to integrate Livestream’s technology into Vimeo will allow video creators to capture, edit, stream… Read More
Splunk has always been data central for IT operations info, but as the logs fill up with ever-increasing amounts of data, it has become impossible for humans to keep up. Recognizing this, Splunk started building in machine learning and artificial intelligence last year, and this week they are enhancing those capabilities to make it easier to surface the data that’s most critical. The… Read More
ProsperWorks, a service that offers a set of Google-centric CRM tools, today announced that it has raised a $53 million Series C round led by Norwest Venture Partners, with participation from GV (the fund you probably still remember as Google Ventures). This new round brings the company’s total funding to $87 million, which, in ProsperWorks’ own words, makes t the “#1 funded… Read More
London-based Kano has another code kit in the works to add to its STEM targeting gamified educational line of build-it-yourself kids’ products ahead of the present-buying holiday season. Read More
IVP, one of the original late-stage venture capital firms, is announcing its sixteenth fund. And at $1.5 billion, it’s the largest yet. This brings the group’s total committed capital to $7 billion.
With a slew of exits this year, including Snap, AppDynamics, MuleSoft and Yext, and a historical IRR of 43%, it was enough to convince LPs that they’re ready for a little more money. Read More
Lively co-founder Shobin Uralil likes to describe the health savings account as the “401(k) for healthcare” — but that it’s woefully underused as an investment vehicle like a 401(k). So instead of just relying on it as a way to pay for healthcare, Uralil and his co-founder Alex Cyriac set out to build a way to not only help people start up health savings accounts, but… Read More
European mobile device maker Fairphone, which designs modular smartphones with the aim of supporting repairability and encouraging sustainability, has taken in new investment of €6.5 million ($7.7M). It says it’s hoping to use the financing to build wider support for a push towards a circular economy for consumer electronics. Read More
Transit started off as a slick app that helped you get in a complex metro area with public transportation, but now CEO Jake Sion has higher ambitions than that: being the go-to spot for getting from point A to point B, regardless of method. WIth bike-sharing, ridesharing, carsharing, and plenty of other methods of transportation that you can plant “sharing-” at the front, Sion… Read More
Appier, the artificial intelligence startup that recently raised a $33 million Series C from three of Asia’s biggest Internet companies, has hired former Microsoft Japan marketing senior director Sean Chu to oversee its growth strategy. As Appier’s new chief strategy officer, Chu will be based in Tokyo and helm Appier’s operations in Japan and Korea. Read More
After North Korea’s top diplomat described President Donald Trump’s recent tweets about the country as a “declaration of war,” Twitter explained why it hasn’t deleted the offending tweets. Read More
GPU maker Nvidia has announced that it will work with retail giant JD.com to help with an outdoor robotics initiative that sprung out of JD X, the commerce company’s innovation lab. JDrone and JDrover are two new robots, the former aerial and the latter ground-based, and both Nvidia’s Jetson platform for embedded AI-based navigation intelligence. JDrover is going to be put to use… Read More
Looking at Instagram’s growth numbers, SAP is buying Gigya for $350 million, Apple’s Siri switches from Bing to Google for web searches and Google and Levi’s connected jackets now on sale. All this on Crunch Report. Read More
Nvidia’s Metropolis AI smart cities platform sounds like a story arc for DC’s superman comics, but it’s actually a GPU-based intelligent monitoring tool that can enable things like easing traffic congestion, allocating city services and even finding lost individuals. To that end, Metropolis has picked up two new partners in Alibaba and Huawei, and Nvidia’s also… Read More
Doorman, a startup delivering packages when you schedule them will be no more after October 6th, 2017.
The startup sent a letter over the weekend letting customers know it would no longer be in business in two weeks, saying it was “joining forces with a larger team.”
We’re not sure if this joining of forces means Doorman has been acquired or if it’s some other structure. Read More
Product Hunt’s first employee Erik Torenberg is ready to fund fresh new startups, not just reveal them to the world. Today is the soft launch of Village Global, a seed and pre-seed early stage venture capital fund looking to connect entrepreneurs to cash as well as all-star mentors. Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, LinkedIn’s Reid Hoffman,… Read More
Chicago billionaire Eric Lefkofsky has started five companies, none of which would seem to lead him to found a company that’s trying to cure cancer. Yet investors just gave his newest, two-year-old concern, Tempus, $70 million in Series C funding to do just that. No doubt they’re attracted to the company’s mission, which is to amass large quantities of genomic and clinical… Read More
Another day, another breach. Equifax, SEC, Deloitte and the next one is coming soon. Nothing surprising there anymore, not for customers, not for the breached companies. So why does this keep happening and why isn’t there a change in how we treat our own information, personal or business? Read More
At its Ignite conference, Microsoft today put its stake in the ground and discussed its progress in building a quantum computer and giving developers tools to experiment with this new computing paradigm on their existing machines. Read More
Star Trek: Discovery has a lot riding on it, both for CBS executives (who are counting on the show to help them launch their paid streaming service, CBS All Access) and Star Trek fans (who’ve been waiting more than a decade for a new Trek series). Read More
Lyft has added a few new driver-centric features to its app today, some of which are direct answers to things implemented by rival Uber as part of its ‘180 days of change’ campaign. Lyft’s new features include 24/7 live phone support accessible to drivers via the app, for instance, and it’s boasting improved Spanish language and online support, too. Lyft’s new… Read More
