Grab, Uber’s main rival in Southeast Asia, is continuing to develop its mobile payment strategy after it announced the acquisition of India-based startup iKaaz. The deal — which is undisclosed — will see iKaaz’s engineering team join the Bangalore-based engineering office which Grab opened last year. The firm declined to say how many new recruits are
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Delivery logistics platform Bringg announced today it has raised another $12 million in Series B funding, bringing the total round to $22 million. The round, which follows the initial Series B from last spring includes new, strategic investment from automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. Previously, Bringg
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“The app became too cluttered,” Facebook’s head of Messenger David Marcus announced today in a post of plans for 2018 including “massively simplifying and streamlining Messenger this year.” Between Messenger Day/Stories, its Snapchatty augmented reality camera, a bot Discover section, games, and more, Facebook had to build artificial intelligence “M Suggestions” just to remind people
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Companies like New Relic and AppDynamics have been offering applications performance management solutions to help operations teams track external performance issues for years. Nyansa (pronounced ‘knee-ans-sah’) is bringing that kind of performance management to internal networks. Today, the company announced a $15 million Series B investment. The round was led by Intel Capital with participation from
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In a move that represents further consolidation in the crowdsourced in-store data gathering space, London-headquartered BeMyEye has acquired U.K. rival Task360. Similar to BeMyEye, the company offers an app that pays users to collect data for its corporate clients, but with a greater emphasis on time-sensitive tasks. Financial terms of the acquisition remain undisclosed, though
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AngelList has expanded its syndicates program to India in the latest overseas move for the US crowdfunding platform. The launch comes some 18 months after we reported that AngelList had hired Utsav Somani to launch the service and develop its business generally in India, where it also offers its hiring product. Syndicates was launched in the
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Leaning on its in-house life sciences expertise GV has backed another biotech startup in the UK, co-leading a £20 million ($27.1M) Series A in Oxford University spinout Vaccitech, which is developing a universal flu vaccine. Sequoia China, another new investor, is also co-leading the round, along with existing backer Oxford Sciences Innovation (OSI) — which operates a
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