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Spotify acquires blockchain startup Mediachain to solve music’s attribution problem

Wed, 26 Apr 2017 15:25:05 GMT
spotify Spotify has acquired the Brooklyn-based blockchain startup Mediachain Labs, whose team will join the company’s office in New York where they will work on developing better technology for connecting artists and other rights holders with the tracks hosted on Spotify’s service. Prior to its acquisition, the startup had developed several technologies that could aid in these… Read More

Robinhood stock-trading app confirms $110M raise at $1.3B valuation

Wed, 26 Apr 2017 14:00:38 GMT
 Zero-fee stock-trading app Robinhood has joined the unicorn club. That’s thanks to it reaching 2 million total monthly users, and 17 percent month-over-month growth of its revenue-driving Robinhood Gold subscription product. The startup confirmed to TechCrunch that it’s raised a $110 million Series C at a $1.3 billion valuation. Read More

Huddly raises $10M to “reinvent the camera” with a computer-vision platform for video meetings

Wed, 26 Apr 2017 13:47:56 GMT
 Huddly, a Norway-based startup that sells a camera targeting remote company meetings (or huddles) and is building out what it describes as a “computer-vision” platform to help managers glean better data from those meetings, has raised $10 million in Series B funding. It brings total raised to $20 million, not including a $3 million research grant. Read More

OverOps scores $30 million led by Lightspeed Ventures

Wed, 26 Apr 2017 13:30:52 GMT
 OverOps, a startup that wants to help companies find software bugs more efficiently than by pouring over log files, announced a $30 million Series C round led by Lightspeed Ventures, with participation from Menlo Ventures. In a nutshell, OverOps delivers a cloud or on-prem solution that helps developers and operations teams nail down bugs in a more automated fashion. Read More

Paktor, a major rival to Tinder in Asia, moves into live-streaming via merger deal

Wed, 26 Apr 2017 13:26:10 GMT
 Dating app Paktor, often dubbed ‘The Tinder of Southeast Asia,’ just sealed up its move into live-streaming and media content after it announced a merger deal with Taiwanese startup 17 Media. Under the deal, a new company called M17 Entertainment has been created with shares from both Paktor and 17 Media, company representatives confirmed. They didn’t, however, reveal a… Read More

Telegraph Media Group acquires UK exam preparation app Gojimo

Wed, 26 Apr 2017 09:55:41 GMT
 Gojimo, an app that helps U.K. high school students prepare for exams, has been acquired by Telegraph Media Group, the publisher of The Daily Telegraph and The Sunday Telegraph newspapers. Terms of the deal remain undisclosed, but from what I gather the Gojimo team are staying on and the company will still be run as a separate entity. Read More

AIDoc Medical raises $7M to bring AI to medical imaging analysis

Wed, 26 Apr 2017 08:33:20 GMT
 We are probably still quite some way off from seeing Artificial Intelligence (AI) replace doctors, but there are already lots of proven use-cases where AI is being used to augment the medical profession. One proven area is in medical imaging where AI and computer vision is helping with medical scan and imaging analysis to help support radiologists and other clinicians. Read More

Banking app Pockit picks up further £2.9M as it readies new remittance service

Tue, 25 Apr 2017 13:49:37 GMT
 Pockit, a mobile banking app that provides current account functionality and is targeting the U.K.’s “underbanked,” has picked up £2.9 million in further funding and will soon begin rolling out a remittance service to make it easier for its users to send money abroad. Read More

Dave wants to save you from expensive overdraft fees

Tue, 25 Apr 2017 11:38:12 GMT
 Meet Dave: an AI dressed up in a bearsuit that’s just launched to save you from the evils of expensive overdraft fees. Hand Dave access to your checking account and the app’s machine learning algorithms will get busy crunching your spending data so the bear can warn you about pending transactions which might push you into the red and incur an expensive bank penalty. Read More

SeedPlus closes $18M early-stage fund backed by Cisco, Eight Roads and others

Tue, 25 Apr 2017 11:09:00 GMT
 SeedPlus, the early-stage investment firm backed by Singapore’s Jungle Ventures, has closed its debut fund at a total of SG$25 million, or approximately $18 million. The firm also announced that Cisco and Eight Roads Ventures, the investment arm of Fidelity, have joined IFC and Indian business magnate Ratan Tata among the fund’s LPs. It added that the fund was over-subscribed.… Read More

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