Fundings & Exits – SofttPlus.com

Fundings & Exits

Dog-sitting startup Rover just raised $155M – TechCrunch

May 24, 2018

Rover, a dog-walking and dog-boarding service that merged with DogVacay around this time last year, is now the second of such startups this year to raise a massive new round of funding with its announcement of a $155 million financing round. While competitor Wag has become a juggernaut, there seems room for both room for […]

Read More

Sentry raises $16M Series B from NEA and Accel to help developers squash bugs more quickly – TechCrunch

May 24, 2018

Created to help app developers find and fix bugs more efficiently, Sentry announced today that it has raised a $16 million Series B led by returning investors NEA and Accel. Both firms participated in Sentry’s Series A round two years ago. Co-founder and CEO David Cramer tells TechCrunch that the new round puts Sentry’s post-money […]

Read More

Hugging Face raises $4 million for its artificial BFF – TechCrunch

May 23, 2018

Chatbot startup Hugging Face has raised a $4 million seed round led by Ronny Conway from a_capital. Existing investors Betaworks, SV Angel and Kevin Durant are also participating. I already reviewed Hugging Face so I won’t write the same thing again. But the startup has been building a chatbot app with a strong personality for […]

Read More

Baidu spins out its global ad business to sharpen its focus on artificial intelligence – TechCrunch

May 22, 2018

Baidu, the Chinese search giant, is spinning out its business unit responsible for utility apps and its mobile ad business to sharpen its focus on artificial intelligence. As part of the spin-out, Baidu is selling a large chunk of its equity in the ‘Global DU’ business to as-yet-undisclosed investors. The plan is to sell “a […]

Read More

Real Vision, a media platform for finance and business, raises $10 million – TechCrunch

May 22, 2018

Real Vision is entering the crowded business and financial new space with a bang. The company, which recently raised a $10 million Series B after a $5 million A round, is working on a number of new initiatives including distribution on Apple TV, a content distribution partnership with Thomson Reuters and an upcoming documentary on […]

Read More

Parabola raises $2.2 million to simplify programming for employees stuck in Excel all day – TechCrunch

May 22, 2018

While knowledge workers are handling increasingly difficult tasks — ones that may be much easier to handle with just a Python script — Alex Yaseen thinks that in the future not everyone will actually need to learn how to code. Instead, he hopes that tools like the one he’s building, called Parabola, will bridge that gap […]

Read More

Quit Genius, helping smokers quit, picks up an extra $1.1 million in seed – TechCrunch

May 22, 2018

Quit Genius, the YC-backed app that helps users quit smoking, has today announced the close of an additional $1.1 million, bringing their seed round to a cool $2 million. Village Global VC, Pioneer Fund, Arab Angel VC, Max Mullen of Instacart, Olivia Teich of Dropbox, Paul Rosania of Slack, Ariel Polar of Strava, Eric Reis, […]

Read More

Adobe to acquire Magento for $1.68B – TechCrunch

May 21, 2018

Adobe announced today that it was acquiring Magento for $1.68 billion. The purchase gives Adobe a missing e-commerce platform piece that works in B2B and B2C contexts and should fit nicely in the company’s Experience Cloud. It should also help Adobe compete with Salesforce, which offers its own marketing, sales and service offerings in the […]

Read More

Microsoft acquires conversational AI startup Semantic Machines to help bots sound more lifelike – TechCrunch

May 21, 2018

Microsoft announced today that it has acquired Semantic Machines, a Berkeley-based startup that wants to solve one of the biggest challenges in conversational AI: making chatbots sound more human and less like, well, bots. In a blog post, Microsoft AI & Research chief technology officer David Ku wrote that “with the acquisition of Semantic Machines, […]

Read More

Job search engine Adzuna raises £8M Series C from Smedvig Capital – TechCrunch

May 18, 2018

Adzuna, the meta-search engine for jobs, has raised £8 million in Series C funding from Smedvig Capital. The U.K. company’s previous backers include Index Ventures, Passion Capital, LocalGlobe and more than 400 Crowdcube investors. It takes total funding to £12 million. Founded by the team behind Gumtree, Zoopla and Qype, Adzuna essentially aggregates job listings […]

Read More