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Some nice momentum for Barcelona based Red Points which has closed a $12M Series B, led by Northzone. Previous investors Mangrove and Sabadell Venture Capital also participated in the round. This follows a $2.2M Series A in September 2016 when customers numbered in the region of 75. It’s now reporting customer numbers have passed 300,
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We just could not stay away! In December, TechCrunch held Disrupt at the Berlin Arena. We were wowed by the Berlin startup scene and just couldn’t get enough. In fact, Germany’s own Blik became the 2017 runner-up of Startup Battlefield Berlin. Well now we are back, and we want to meet more of your startups.
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Fresh from its first international expansion following the acquisition of Brazil’s 99 last week, Chinese ride-hailing giant Didi Chuxing announced another significant move by revealing plans for its own bike-sharing platform. The platform will integrate Ofo — the company that counts Didi as an investor — as well as financially stricken service Bluegogo — which
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There’s a startup in Texas that’s been quietly building the technology that powers mobile banking apps. Plano-based Alkami has developed a white label service that credit unions and banks use across digital platforms. And Alkami’s 4.5 million users have generated enough revenue for the company to justify a $70 million Series D round, led by
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Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment firm Omidyar Network, Be Curious Partners, Rethink Education, Edelweiss Partners and Learn Capital and brings the startup’s total raised so far to more than $4
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Attic Labs, the creator of Noms, an open-source decentralized database, announced today that is being acquired by Salesforce. Terms of the deal, Salesforce’s first acquisition of 2018, were undisclosed. Last year, the company only bought digital creative agency Sequence, according to Crunchbase, taking a break from an acquisition spree in 2016 when it snapped up
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Money transfer company TransferWise has begun a private launch of its “Borderless account” for consumers. It marks the first time the European unicorn has offered a debit card (pictured below), a move that is bound to draw further comparisons with newer fintech upstarts such as Revolut. Initially rolling out to a thousand customers, with several
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New to Cryptocurrency, Tokens and ICOs? Do not know what ones to Invest in? Check out this ICO WATCH LIST for the answers! By: Joseph Reis – X Tech News Initial Coin Offering (ICO) is a fundraising mechanism that has improved the operations of newly and upcoming companies. This innovation has helped fund new projects
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SolarWinds, the company behind services like Pingdom, Papertrail and AppOptics, today announced that it has acquired the cloud-based log monitoring and analytics service Loggly. The two companies did not disclose the price of the acquisition, but Loggly, which was founded in 2009, had raised about $47 million over the years, including an $11.5 million Series
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Ring, the connected home security gadget startup, has acquired Mr. Beams, a maker of LED lighting with wireless connectivity and motion-sensing capabilities. The Mr. Beams acquisition is intended to help Ring bolster its existing portfolio of connected doorbells, video cameras and combination floodlight/cameras with affordable, modular lighting that can integrated with Ring’s software and services.
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GoPro today released preliminary fourth quarter 2017 results which paints the company in struggling situation. The company says it plans to reduce its headcount in 2018 from 1,254 employees to fewer than 1,000. It also plans to exit the drone market and reduce CEO 2018 compensation to $1. Pre-market trading of GoPro shares have halted
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A team of former Tinder employees, led by Tinder’s original CTO Ryan Ogle, are today launching a new app aimed at professional networking. The app, called Ripple, aims to be a sort of mobile-first alternative to LinkedIn that addresses some of the problems common to the aging, now Microsoft-owned business networking platform. LinkedIn today has
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