Fundings & Exits

Twitch acquired video indexing platform ClipMine to power new discovery features

 In an announcement about a set of new discovery tools, Amazon-owned video game streaming site Twitch also unveiled that it recently acquired Palo Alto-based video indexing platform ClipMine. The startup’s technology is now being put to use to translate visual information in videos – like objects, text, logos and scenes – into metadata that can help people more easily find… Read More

‘Airbnb for boats’ startup Boatsetter buys competitor Boatbound

 You don’t have to be rich or T-Pain to be “on a boat.” You can rent one plus a captain for the day from Boatsetter. And now it’s got boats in more than 300 locations around the U.S. since it just acquired rival maritime marketplace Boatbound. Read More

LiftIgniter raises $6.4M to bring website personalization to the rest of the internet

 You’ve probably had the experience of going to a website and seeing a lot of content that’s not really relevant. For the most part, a lot of this is organized in a way that’s either pre-defined or based on a limited number of signals that aims to sort of personalize the experience for a normal user. But as time goes on and the competition for eyeballs continues to heat up,… Read More

Andrew Ng is raising a $150M AI Fund

 We knew that Andrew Ng had more than just a series of deep learning courses up his sleeve when he announced the first phase of his deeplearning.ai last week. It’s clear now that the turn of Ng’s three part act is a $150 million venture capital fund, first noted by PEHub, targeting AI investments. Ng, who formerly founded Google’s Brain Team and served as chief scientist at… Read More

Database provider MongoDB has filed confidentially for IPO

 MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year. New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source database and the Atlas database-as-a-service… Read More

Huddle is a mental health app that aims to be a safe space to share with peers

 Dan Blackman’s father was a well-known man in the community of his small Pennsylvania town. He was a lawyer, ran a good business and everyone liked him and liked drinking with him. His dad died a few years ago from a combination of liver and lung cancer. His dad was what they call a functioning alcoholic. “It wasn’t until I started talking to my family a bit more that I… Read More

In India, an Uber for farm machinery aims to make a difference in rural areas

 Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet planes, home services rental bikes, or even phone chargers to name but a few — but how about farming equipment? That’s the case in India, where a startup called EM3 AgriServices is helping rural farmers literally… Read More

With $2.5M in seed funding, IOpipe brings monitoring to serverless applications

 Serverless applications are all the rage right now — and some companies are even leapfrogging containers to go all-in on services like AWS Lambda and Azure Functions. Unsurprisingly, these services are now spawning their own startup ecosystems. IOpipe, coming out of beta today, is an application operations platform (with a current focus on monitoring) for AWS’s pioneering Lambda… Read More

Poncho weather service picks up $2.4 million from Lightspeed Venture Partners

 Poncho, the betaworks-backed weather service, has raised $2.4 million in seed funding led by Lightspeed Ventures. Poncho launched out of betaworks the same year as Giphy and Dots, and uses SMS and email to bring the news to you in an entertaining...

Indian messaging app Hike acquires hardware startup Creo

 India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system. The price of the deal is undisclosed. Hike released a sho...

FlySpaces, an Airbnb for office space in Southeast Asia, raises $2.1M

 Now is a good time to be in the co-working industry in Southeast Asia, it seems. Barely days after WeWork announced plans to enter the region, which is home to over 600 million people, through the acquisition of Singapore startup Spacemob, now a company that operates like an Airbnb for office space rentals has raised money. FlySpaces, a startup headquartered in the Philippines, raised $2.1… Read More

Coinbase raises $100M at a $1.6B valuation amid explosive growth

 Coinbase has had a pretty crazy six months. It may be hard to remember, but at the beginning of 2017 the cryptocurrency world was a different place. Bitcoin was below $1000 per coin and the entire market cap for all cryptocurrencies was about 7x ...