Uber upgrades, simplifies app
Uber is seeking to make its most recently added features simpler and easier to use with an app redesign that will also gather consumer data for added utility, if users opt in. The data harvesting […]
Startups
Data show drop in valuations, rise in flat funding rounds
Startups are receiving lower pre-money valuations than they did in 2015, and the number of flat or down fundraising rounds has increased, according to data from the law firm Cooley LLP. Companies trying to raise […]
How startup funding has changed
For companies launched after 2012, raising larger seed rounds is correlated with higher chances of raising Series A financing, data show. In the current era of startup funding, “burn rates are high, startups are raising […]
Nowait app allows Yelp users to wait in line digitally
Yelp has partnered with Pittsburgh-based startup Nowait to give users access to a free mobile app that allows them to hold their place in line at casual restaurants that do not take reservations. Currently, 4,000 […]
Mobile marketing and data startup mParticle raises $17.5M
mParticle announced today that it has raised $17.5 million in Series B funding. The New York City startup helps marketers collect user data through a variety of services and then funnel that data to other […]
Grab raises $750 million to take on Uber in Southeast Asia
Grab, the biggest rival to ride-sharing service Uber Technologies Inc [UBER.UL] in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in […]
Google buys API.ai for its speech recognition smarts
Google has purchased API.ai, a startup that equips more than 60,000 developers with tools to improve speech recognition and natural language understanding in apps. API.ai’s products are used to “build conversational experiences, for environments such […]
Facebook acquires “modular consumer electronics platform” Nascent Objects
Nascent Objects: “By combining hardware design, circuitry, 3D printing and modular electronics, our technology allows developers to go from concept to product in just weeks, much faster and less expensive than traditional methods.” The startup will […]
Thalmic Labs raised $120M in Series B
Thalmic Labs specializes in developing wearable technology that translates muscle electrical activity to control of various devices. Intel Capital (INTC -0.5%) and Amazon’s Alexa Fund (AMZN -0.6%), along with other investors, participated in the fund. Thalmic […]
BMW, GE lead funding round for 3D printing startup Carbon
Carbon, a Silicon Valley startup that is developing 3D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it […]