Month: July 2017

With its Stripe Connect product, Stripe wants to make it easier for on-demand and marketplace businesses to not only process payments from their customers, but also make payments to contractors and vendors. In an effort to bolster the tax reporting tools available to them, the company has acquired long-term partner Payable. Payable operates a platform aimed at
0 Comments
A new app is looking to romantically match folks who are verified Twitter users. Blue, by Loveflutter, has launched a new version of their existing dating app that only allows Twitter users with that little blue tick to search for love, and only amongst their fellow blue-tick holders. Loveflutter has actually been around for a
0 Comments
It’s hard raising money as a consumer packaged goods (CPG) company, but one startup wants to make it easier. CircleUp, which already helps consumer brands raise millions in equity financing, is now going to issue loans to help smaller CPG companies raise working capital and avoid cash crunches. Historically CircleUp has operated an equity investment
0 Comments
Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and Daimler also participated in the round. Quite a few
0 Comments
Human: Oh sweet bot, tell us a story! A nice story! About a very wise human who worked his whole life to save everybody in the world from having to spend time manually tagging their friends in digital photos — and made a magic machine that did it for them instead! Bot: That’s not really
0 Comments
British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Intacct, which competes with Financial Force and Oracle’s NetSuite, said in a related statement that it
0 Comments
Northern Ireland based B-Secur has closed a £3.5m (~$4.5M) late stage seed investment for its biometric authentication technology that utilizes an individual’s unique heartbeat pattern, known as an electrocardiogram (ECG), to — in its words — “quickly and securely authenticate identity”. The investment is coming from a syndicate of UK and Ireland-based investors, including Accelerated Digital Ventures
0 Comments