Convoy, an on-demand trucking application, raises $185 million in funding round

Convoy, an on-demand trucking application, raises $185 million in funding round

Convoy’s total funds raised is $265 million, valuing the company at $1 billion. CapitalG led the latest funding round. Greylock Partners had led Convoy’s Series A funding round in 2015. Y Combinator also led a round that raised $62 million…

Clippings, a London based interior design startup, has raised $15.4 million in its Series B funding round

Clippings, a London based interior design startup, has raised $15.4 million in its Series B funding round

Clippings’ Series B funding round was led by Advance Venture Partners with participation from previous investor C4Ventures. Clipping hopes to expand into the US. There are 50,000 people who use the service, according to Clipping. “We’ve built software that enables…

Twitter announces user's direct messages may have been exposed to third-party developers

Twitter announces user’s direct messages may have been exposed to third-party developers

Twitter has reported a bug in its software that sent user’s direct messages to third-party developers. They reported the issue has been “persisted since May 2017.” The bug has been corrected and Twitter is investigating if any of the third-party…

Farfetch, a luxury fashion marketplace, opens on the New York Stock Exchange at $27

Farfetch, a luxury fashion marketplace, opens on the New York Stock Exchange at $27

Farfetch announced Thursday that it priced its IPO at $20 a share hoping to raise $885 million in funding by selling 44,243,749 Class A shares. The company’s market cap is $5.8 billion. Farfetch has hit a high of $30.58 a…

Cleo, a mobile banking digital assistant, raises $10 million in Series A funding round

Cleo, a mobile banking digital assistant, raises $10 million in Series A funding round

The Series A funding round was led by Balderton follows Cleo’s expansion into the US this year, gaining 350,000 US users. Cleo’s AI-powered chatbot monitors your accounts and spending, tracking it by transactions, category, or merchant. CEO Barney Hussey-Yeo hopes…

AdGuard, an ad-blocking service, resets all user passwords following credential stuffing attack

AdGuard, an ad-blocking service, resets all user passwords following credential stuffing attack

AdGuard reported “continuous attempts to log in to AdGuard accounts from suspicious IP addresses which belong to various servers across the globe.” AdGuard said that the attacks were unsuccessful because of limits to the number of times someone can try…

Amazon and partner Samara Capital acquire More to begin push into India's physical retail space

Amazon and partner Samara Capital acquire More to begin push into India’s physical retail space

Amazon and Samara Capital created Witzig Advisory Services Private Limited to hold the ownership stake through a reported $585 million deal. More a supermarket chain based in India will help Amazon enter the physical space in the country, recently dominated…

Twitch, a service that streams games, blocked in China

Twitch, a service that streams games, blocked in China

China has blocked the Twitch game streaming service since September 20th. Twitch was recently widely used in China to watch eSports matches during the Asian Games held in Jakarta. State-run media in China did not broadcast the eSports games, so…

Eight Roads Ventures announces focus on Southeast Asia

Eight Roads Ventures announces focus on Southeast Asia

Eight Roads Ventures, an investment department within the financial firm Fidelity International, has recently announced plans to expand investments in Southeast Asia. The investment group announced that it will be focusing on startups in the technology, health, consumer, and financial…

uBiome, an online health screening company, receives $83 million in Series C funding round

uBiome, an online health screening company, receives $83 million in Series C funding round

uBiome, based in San Francisco, started out offering a test of user’s gut health for the proper bacteria needed for healthy digestion but has since expanded to offer other health screenings for its users. uBiome will use the funds on…

Adobe, known for its Creative Cloud software, purchases Marketo for $4.75 billion

Adobe, known for its Creative Cloud software, purchases Marketo for $4.75 billion

Adobe hopes to close the deal by their fourth quarter.  The deal sets Adobe up to compete in the enterprise marketing space with companies like Salesforce, Microsoft, Oracle, and SAP. With the acquisition of Magento in May, Adobe will have…

Amazon announces new Alexa devices at hardware event

Amazon announces new Alexa devices at hardware event

Amazon has released details on its new line of Alexa products, including new versions of the Echo device, an amp, camera, a clock, and a microwave. The Echo Dot will see its price tag reduced to $50 a device. The…

Eventbrite, a ticketing service, debuts on the New York Stock Exchange at $23 and shots up almost 50 percent to $37

Eventbrite, a ticketing service, debuts on the New York Stock Exchange at $23 and shots up almost 50 percent to $37

Eventbrite stocks went up to $37 on its debut, with the company reaching a valuation of nearly $3 billion. Eventbrite had set out for a $1.8 billion valuation when it set terms for its public offering. The Wall Street Journal…

Delta announces it will start to scan faces at airport check-in

Delta announces it will start to scan faces at airport check-in

Later this year, Delta Airlines will be implementing facial recognition at its Atlanta International Airport terminals. The biometric facial scan is optional and will help passengers to save a few minutes when boarding a flight. It hopes to run trials…

Cluep, an adtech startup, brought for $40 million by Impact Group

Cluep, an adtech startup, brought for $40 million by Impact Group

Cluep, a Canadian adtech startup, recently raised less than $500,000 from angel investors before the sale. The digital advertising platform uses AI to help brands connect with people based on their interest, where they have visited, or how they are…

Walmart, the retail chain, announces it will train it's employees in VR

Walmart, the retail chain, announces it will train it’s employees in VR

Walmart, a US-based retail store, is planning on equipping its stores nationwide with 17,000 Oculus Go headsets to train employees. Walmart is working with Strivr Labs to us VR technology to train store employees. “Walmart was one of the first…

Lime, a bike and scooter service, has recorded 11.5 million rides

Lime, a bike and scooter service, has recorded 11.5 million rides

Lime, a bike and scooter company that operates in the US and Europe, has announced that it has recorded 11.5 million rides through its service since deploying its first bike in 2017. Lime currently operates in over 100 markets in…

Facebook Dating launches today in Colombia

Facebook Dating launches today in Colombia

Colombia has been chosen to test the dating feature, which uses an algorithm to create suggested romantic matches based on the data Facebook has collected on its users. When it fully launches in a users country, an invitation to try…

Circle, a crypto finance company, adds educational feature to Circle Invest app hoping to increase female investors in cryptocurrency

Circle, a crypto finance company, adds educational feature to Circle Invest app hoping to increase female investors in cryptocurrency

Circle has added a new feature to their Circle Invest app that leads users to educational resources regarding cryptocurrencies, hoping to attract new investors. Circle surveyed 3,000 people in the US  and found that Millennial men are more than twice…

Israel and Switzerland announce partnership to work on cryptocurrency and blockchain regulation

Israel and Switzerland announce partnership to work on cryptocurrency and blockchain regulation

The announcement comes after the Swiss Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser visited Israel, looking to improve access of Swiss banks to trade in Israeli markets. The two countries have agreed to…