Snapchat is raising another major funding round, and according to reports, it’s at a $20 billion valuation. At least, that’s according to a TechCrunch report, citing multiple anonymous sources said to be close to the matter. The report indicates that Snapchat is working on a $200 million...
Sony is banking on artificial intelligence as a revenue stream for the company, and it’s just taken another step toward that goal. The Japan-based company has invested in a U.S. startup known as Cogitai, a California-based company, which focuses on AI machine technology that enables them...
Increasingly, Americans prefer to communicate by text message — much to the dismay of everyone’s grandmothers, who just can’t understand why it is such a big deal to pick up the phone every now and again. But, as study after study rolls in, the message...
Disruption needs investment. In one quite recent example of investment — as recent an announcement as this morning — Embroker, the cloud-based risk and insurance management firm, has raised $12.2 million from a series of investors.
The venture capital arena has been raising money at a furious pace, but VC firms have also been sitting on the cash for dry powder. As Reuters reported last week, venture firms invested $12.1 billion in the first quarter, which slowed from $17.3 billion in...
Apple announced the somewhat surprising move this morning of a $1 billion investment into Didi Chuxing — a ridesharing service that acts as one of Uber’s main rivals in China. Apple CEO Tim Cook says the move was undertaken in an attempt to learn more...
German POS solution provider orderbird has raised close to $23 million in a Series C funding round, the company announced. The investment round, which was led by Digital+ Partners and METRO GROUP, also saw participation from previous investor Concardis, the European payment service provider. Orderbird said...
Liquidity is what makes markets go ‘round. It’s also what small-cap stocks generally lack and why investors have begun to build a “wall of worry” around them. Exhibit A: alt-lending stocks.
The era of the down round is upon us. And it has been since 2016 ticked over on the calendar and investors came by the quaint notion that actual profits and a path to scalability are more monetarily valuable than a clever idea and a...
