Startup Join wants to modernize the
back office for an industry that’s everywhere, but maybe not top of
mind, especially when it comes to project management software:
Commercial construction. The company has raised a $4 million seed round,
co-led by Signalfire and Building Ventures and including participation
by existing investor Bolt. more
Two months ago, we reported that Carbon was set to raise up to $ 300 million, bringing the 3D printing company's valuation up to a lofty $ 2.5 billion. The real numbers released this week by the company are not quite so lofty, but are impressive nonetheless. The Series E fetched $ 260 million, putting its valuation at closer to $ 2.4 billion. more
AUrate has launched a $ 13 million in Series A funding. The company's co-founders Bouchra Ezzahraoui and Sophie Kahn said that they are worth $ 50 to $ 3,000, but they're really interested in what Ezzahraoui called "this new market sweet spot" of $ 300 to $ 500. more
Big money continues to flow in India's growing education market. Bangalore-based Unacademy, which operates in the online learning platform to help prepare for competitive exams in India, has raised $ 50 million to further scale its reach. more
Ocrolus, a New York startup that taps $ 24 million in a series B round led by growth growth venture firm Oak HC / FT. Ocrolus cofounder and CEO Sam Bobley said the fresh capital, which follows a $ 4 million series A in April 2018 and the company's total raised to about $ 30 million, will fuel expansion into verticals like consumer and auto lending and advance development of the company's underwriting solutions for banks. more
Online reviews can make or break a business. According to one study, 94 percent of consumers have avoided a business review. Since it's bad for business, it's important to watch their reviews. ReviewTrackers helps businesses keep an eye on and manage their online reputations. more
Venture capital investors Andreessen Horowitz, Zeev Ventures, Lightspeed Venture Partners and Group 11 have valued TripActions, a travel booking service tailored for large enterprises, at $4 billion with a $250 million Series D. The round, announced this morning, brings the business’s total raised to $480 million. more
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Acquisitions
WeWork announced today that it will acquire Waltz, a building access and security management startup, for an undisclosed amount. Waltz's smartphones and smartphones allow users to have a better understanding of the world and to make it easier for WeWork's enterprise customers, such as GE Healthcare and Microsoft, to manage their employees on-demand memberships to WeWork spaces. more
SKC will acquire KCF Technologies (KCFT), a major manufacturer of battery copper foil for electric vehicles. SKC announced on June 13 that it has been decided to acquire a 100 percent stake in KCFT for 1.2 trillion won (US $ 1.14 trillion) and Kohlberg Kravis Roberts (KKR). KCFT will start a SKC after due diligence and other required processes. more
Change Healthcare, a provider of revenue cycle management and analytics products to the healthcare industry, priced its shares, one of the final steps to going public. The Nashville-based company aims to raise $ 557.7 million in an initial public offering of 42,857,142 shares of its common stock at a price of $ 13. more
Blockchain Technology News
Bitcoin and other cryptocurrencies , along with various dimensions of the blockchain technology, have shown that they are catalysts to develop one's business. A business can completely transform the functionality and structure of its financial services using these tools and methodologies . The technology is booming in the financial space , and is one of the most secured and trusted technologies, in terms of data protection. more
Life Science News
A newly launched company hopes to use its initial round of venture capital funding to develop drugs that go after molecular targets of cancers and other diseases that are considered unreachable by pharmaceutical means. more
Tracking dozens of people in dense public squares is a job to which AI is ideally suited, if you ask scientists at the University of Maryland and University of North Carolina. A team recently proposed a novel pedestrian-tracking algorithm — DensePeds — that’s able to keep tabs on folks in claustrophobic crowds by predicting their movements, either from front-facing or elevated camera footage. more
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