Month: November 2017

Facebook will temporarily disable a tool that lets advertisers exclude people of color

Facebook has been under fire for its practices and policies that enable advertisers to exclude “multicultural affinity” groups from the audiences they reach via the social network. Now, in light of a ProPublica investigation and pressure from the Congressional Black Caucus, Facebook says it’s committed to taking a closer look

H2O.AI snares $40M Series C investment led by Wells Fargo and Nvidia

H2O.AI started almost six years ago with a mission to simplify and democratize artificial intelligence. Today the company announced a $40M Series C round. Nvidia and Wells Fargo led the round with participation from New York Life, Crane Venture Partners, Nexus Venture Partners and Transamerica Ventures. Today’s investment brings the

Uptake nabs $117M at $2.3B valuation for industrial predictive analytics

A company that is seizing the opportunity to provide predictive analytics to the industrial world — regardless of whether a business has made the (often costly) transition to internet-of-things “smart” systems — is today announcing that it has raised a significant round of growth funding to double down on the

Fractyl Labs raises $44 million in Series D to develop a treatment for type 2 diabetes

Fractyl Labs, a Lexington, Massachusetts-based startup developing treatments for diabetes, has raised $44 million in Series D financing from a slew of VC firms, including GV, True Ventures, the IDO Fund, General Catalyst, Bessemer Venture Partners, Domain Associates, Mithril Capital Management, Emergent Medical Partners, L.P., and Deerfield Management Company, L.P.

Arianna Huffington’s Thrive Global raises $30M so you can work less and sleep more

Arianna Huffington wants you to work smarter, not harder. She believes a corporate mentality that rewards burning the midnight oil is actually reducing productivity, by causing burnout. Lack of sleep could be costing the U.S. economy $411 billion per year, it turns out. So last year, the HuffPost founder and