Months after its $80 million Series B fundraise, Course Hero has acquired Symbolab, an artificial intelligence-powered calculator that helps students answer and understand complex math questions. The price of the deal was undisclosed. The 9-person Symbolab team, based in Tel Aviv, will join Course Hero . The platforms will live under independent branding for the […]
“We’re building a decentralized ghost kitchen,” is a sentence that could launch a thousand investor calls, and Alex Canter, the chief executive officer behind Ordermark, knows it. The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for […]
The first mission to officially carry astronauts to the International Space Station for a standard crew rotation is now tentatively set for November 14. NASA provided an updated date for the mission this week, after it shifted from an original planned timeframe of sometime in October. This is the first time that Crew Dragon, SpaceX’s […]
Zoom, the video calling company that millions turned to during the pandemic, has finally launched end-to-end encrypted video calls for free accounts. The company said last week that it was readying the feature, months after it drew criticism for denying end-to-end encrypted calls to free users, effectively drawing a line between paid users whose conversations […]
Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. Starting in Los Angeles — and building on yesterday’s test run […]
Salto, a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. This round was led by Bessemer Venture Partners, Lightspeed Venture Partners and Salesforce Ventures. The general idea […]
As a hardware startup, Astrohaus stands apart because of its unique offerings focused specifically on writers and writing. Its debut product, the Freewrite, looked like an old-school travel typewriter with an e-ink screen. Now, it’s back with a new device it’s been working on for the past couple of years: The Freewrite Traveler. This more […]
Ankhi Das, a top Facebook executive in India, is leaving the company on Tuesday months after she was alleged to interfere in how the company enforced its hate speech policy in the country to show favoritism to the ruling Bharatiya Janata Party. Facebook has denied the allegations, and people close to Das (pictured above) said […]
TikTok is further investing in social commerce with today’s announcement of a new global partnership with e-commerce platform Shopify. The deal aims to make it easier for Shopify’s over 1 million merchants to reach TikTok’s younger audience and drive sales. The partnership will eventually expand to include other in-app shopping features, as well, the companies […]
Israeli startup SimilarWeb has made a name for itself with an AI-based platform that lets sites and apps track and understand traffic not just on their own sites, but those of its competitors. Now, it’s taking the next step in its growth. The startup has raised $120 million, funding it will use to continue expanding […]
The entire asset class of venture capital is built atop systemic racism. The numbers don’t lie: only 2% of partner-level VCs are Black, and 81% of venture capital firms don’t have a Black partner on board. The lack of diversity in check-writers doesn’t stay in board rooms: homogeneity trickles down to the founders who get […]
Theta Lake, a provider of compliance and security tools for conferencing software like Cisco Webex, Microsoft Teams, RingCentral, Zoom and others, said it has raised $12.7 million in a new round of funding. Lightspeed Venture Partners led the round with commitments from Cisco Investments, angel investors from the collaboration and security space, and previous investors, […]
The chip industry consolidation dance continued this morning as AMD has entered into an agreement to buy Xilinx for $35 billion, giving the company access to a broad set of specialized workloads. AMD sees this deal as combining two companies that complement each other’s strengths without cannibalizing its own markets. CEO Lisa Su believes the […]
Uber is facing another legal challenge in Europe related to algorithmic decision making. The App Drivers & Couriers Union (ADCU) filed a case, yesterday, with a court in the Netherlands seeking to challenge the ride hailing company’s practice of ‘robo-firing’ — aka the use of automated systems to identify fraudulent activity and terminate drivers based […]
Deci, a Tel Aviv-based startup that is building a new platform that uses AI to optimized AI models and get them ready for production, today announced that it has raised a $9.1 million seed round led by Emerge and Square Peg. The general idea here is to make it easier and faster for businesses to […]
Only a few weeks after the successful public offering of Array Technologies proved that there’s a market for technologies aimed at improving efficiencies across the solar manufacturing and installation chain, Leading Edge Equipment has raised capital for its novel silicon wafer manufacturing equipment. The $7.6 million financing came from Prime Impact Fund, Clean Energy Ventures and […]
With a new $4 million round, the Bogota-based supply chain logistics technology developer Tül is prepping to expand across the Latin American region. Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction […]
NeoLight, a startup company that’s working to bring hospital-grade neonatal care technologies to the home, has raised $7 million more in financing. Dignity Health and Honor Health Systems came in to support the company along with previous investors like the Pittsburgh Steelers quarterback Ben Roethlisberger and his wife Ashley and other, undisclosed investors. Initially intended […]
FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, has raised $121 million in a new financing round as the Bangalore-headquartered firm reports accelerated growth spurred by the coronavirus pandemic. The startup, which offers its service in several major Indian cities including Delhi, Mumbai, Pune, Bangalore, and Hyderabad, […]
Tinder, currently the world’s biggest biggest dating app for people to find matches and connect with them, is expanding another feature today to extend the time people spend in the app, and the communications they can have within it. Face to Face, an opt-in-only feature that Tinder launched earlier this year that lets users video […]
