London-based Hopin, an all-in-one online events platform, has raised $6.5 million in seed funding from Accel, Northzone, Seedcamp, and a number of angel investors. The company, founded last year, drew frenzied interest from investors keen to be a part of the buzzy startup which offers to host any type of live event such as conferences and company events. "Hopin was built out of the idea of connecting people and tries to solve a clear problem," Johnny Boufarhat, Hopin's CEO and founder told Business Insider. "We think we will be the fastest growing startup in the world."
Last week at Stanford, antitrust officials from the U.S. Department of Justice organized a day-long conference that engaged numerous venture capitalists in conversations about big tech. The DOJ wanted to hear from VCs about whether they believe there's still an opportunity for startups to flourish alongside the likes of Facebook and Google and whether they [...]
OTB Ventures has announced the launch of its early growth technology fund with $100m in commitments. The investment vehicle, which [...] The post OTB Ventures launches $100m fund for tech investment in Europe appeared first on CityAM.
The move simplifies Dell's portfolio of companies and allows RSA to focus on its core security mission. : The move simplifies Dell's portfolio of companies and allows RSA to focus on its core security mission. Dell Technologies said it will sell RSA to a consortium led by Symphony Technology Group for $2.075 billion in a move to simplify its portfolio of businesses. RSA provides security technologies for threat detection and response, identity and access management as well as fraud prevention. RSA has more than 12,500 customers.
Rent The Runway, the designer women's fashion rental service, is private and doesn't publish earnings but it would be surprising if it was profitable. It is valued at a cool $1 billion.
Africa-focused venture capital firm TLcom Capital is set to back more tech startups across Africa in 2020 after closing its $71 million sub-Saharan Africa-focused fund. TLcom plans to use the Tide Africa Fund to invest in around 12 African tech startups over the next 18 months, TechCrunch reports. TLcom's team includes Zimbabwean partner Andreata Muforo and [...] The post Africa-Focused VC Firm Closes $71M Fund To Invest In 12 African Tech Startups appeared first on Moguldom.
Seattle startup n2uitive, which manages millions of hours of insurance claim interviews and statements, raised $1.3 million to bring more technology to what it calls an antiquated process with a "next-generation platform." The company offers a platform for secure digital insurance interview statement recording, storage, indexing and reporting. The funding round will allow n2uitive to build "comprehensive workflow automation and interview intelligence capabilities" into its next-generation platform.
The product connects key stakeholders of the industry enabling maximum level of operational efficiencies, collaboration, and personalized retail experiences. : Former Tesla CIO Jay Vijayan's technology start-up Tekion has launched a flagship product called Automotive Retail Cloud, a cloud-native retail platform with all functionalities of a Dealer Management System. The product connects key stakeholders of the industry enabling maximum level of operational efficiencies, collaboration, and personalized retail experiences. "Today's consumers receive outstanding personalised retail experiences from companies like Amazon, Apple, Google and Disney. Why shouldn't they expect the same in their vehicle acquisition and service needs?
Vertical payments startup Flywire has acquired healthcare technology startup Simplee, while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. 13). Flywire will use the investment to optimize and scale digital payment services across its core sectors, including healthcare, education and travel. This funding round [...]
The funds raised will be used to provide services for Southeast Asia's outbound tourists. The post Thai travel tech platform Tourkrub raises $5m in Series B appeared first on DealStreetAsia.