Iguazio nabs $33M to bring big data analytics to IoT, finance and other enterprises

 Big data analytics — where vast troves of information are structured and used to help businesses gain more insights into their operations and customers, to develop new products, and to run more efficiently — are a cornerstone of how many tech-centric enterprises run their businesses today. Now the focus is on building solutions that the rest of the enterprise world can use, even if… Read More

LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon

 LinkedIn, the social network for the working world with over 500 million members that is now owned by Microsoft, is today taking its next step in its bid to court more users in emerging markets. The company has released an Android app for LinkedIn Lite, a pared-down version of its original LinkedIn mobile app that is developed for users in markets where data networks are slower and relatively… Read More

Is Amazon working on a new messaging app called Anytime?

 Messaging apps today are one of the most popular ways consumers communicate today, not just with each other but, increasingly, with businesses and services. Now there are signs that we could see another big player enter the messaging fray, alongside more established services from Facebook, Snapchat, Wechat and more. Amazon appears to be sounding out the market on a new service called Anytime,… Read More

Cisco acquires network security startup Observable Networks

Digital security key concept background with binary data code Cisco has made another acquisition in the enterprise security space — underscoring the ongoing market demand for security services amid a growing threat of cyber breaches and malicious hacking among businesses that are moving to cloud-based infrastructures. Today, the IT giant announced that it has acquired Observable Networks, a company based out of St Louis that provides real-time… Read More

More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

Digital security key concept background with binary data code With cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillion over the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovative ways to combat malicious hackers. In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More

Worldpay, valued at $10B, confirms JPMorgan and Vantiv are trying to buy it

 Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes against the likes of PayPal, Stripe, Square and more in payment processing — is on the block. Today Worldpay confirmed in a statement to the London Stock Exchange, where its shares are traded,… Read More

UK’s Tide raises $14M to challenge big banks with a mobile-first service for SMBs

 Europe has seen a large wave of startup banks pop up in the last few years — businesses like N26, Atom and Monzo that are taking on the big incumbents by creating faster and cheaper services for a new class of consumers as they grow up and enter the working world. Now a startup has raised a sizeable Series A to tackle what it believes is a similar opportunity in the small business… Read More

Intel steps up security efforts in Israel with Team8, Illusive and a new cyber center

 Israel is one of the world’s centers for cybersecurity technology, and today Intel is announcing a trio of developments in the region to help it take better advantage of that. The company is embarking on two new collaborations with Israeli security startups Team8 and Illusive (which was spun out of Team8), and it’s expanding its cyber center in the country. From what we… Read More

Mic adds $6.5M from WPP to build out its news brand for millennials

 Millennials remain a hot target for digital marketing and advertising, and so perhaps unsurprisingly, a startup building news and other publishing services targeted specifically at that demographic has raised some money from one of the world’s biggest ad agencies. Mic, the New York-based site and publisher of “branded content” aimed at 20- and early 30-somethings with an… Read More

Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in

 Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. Careem, a transportation startup currently in 80 cities across the Middle East, has raised another $150 million — closing out a $500 million Series D round that it confirmed in December when… Read More