Mobile

Google reports 22% revenue increase as Arora bids farewell

google

Google, Inc has reported modestly rising quarterly earnings for the second quarter of 2014. The tech giant earned $3.4 billion, or $4.99 per share, in the April-to-June period. The figures represent a slight increase on the $3.2 billion, or $4.77 per share, reported in the second quarter of last year. “We are moving forward with great product … [Read more...]

Secret secures $25m Series B – Investment Round Up

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Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated in the round. The San Francisco-based company has already raised over $36 million since it was founded last year. Secret also announced new … [Read more...]

Southeast Asia set for e-commerce boom

E-Commerce

Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such as poor transport logistics infrastructure still hinder virtual shopping in the ASEAN group of countries, but as online retailers like China's Alibaba … [Read more...]

Video conferencing platform Vidyo raises $20m – Investment Round Up

vidyo

Seed Button, a New York-based customer acquisition and engagement startup, has raised a $2.25 million seed round led by Atlas Ventures. DCM, Greycroft Partners, MESA+ and VaynerRSE all participated, as did a number of angel investors. The company’s platform is currently in private beta and will use the funds to hire new staff and continue … [Read more...]

Startups face age-old battle to enforce change in established industries

NoDisruptors400

In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This led to bloodshed, economic and social unrest and rioting, all because technology threatened to take away the livelihoods of a large part of the … [Read more...]

5 Takeaways from the Google I/O Developer Conference

google i:0

Google’s I/O Developer Conference, held this week in San Francisco, featured a number of new product launches, including Android TV, Android Wear, Android Auto and a new smartphone and tablet operating system. But as Google continues to grow, the event has also evolved to be more than just a stage for unveiling its newest technologies. Below are … [Read more...]

mCube raises $37m – Investment Round Up

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Series B Fingerprint, a mobile technology company creating products for children, has secured a Series B funding round worth $10.85 million. Both new and existing investors participated in the funding, which will be used to build new games, apps, videos and ebooks for the company’s play-and-learn networks.  "Mobile has changed children's viewing … [Read more...]

Kreditech secures $40m – Investment Round Up

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Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in 2013 and has attracted more than 25,000 users to its platform. Series B Healthcare management platform Grand Rounds has … [Read more...]

Financial Information Provider Markit, Ltd. raises $1.3 billion–Week of June 16th IPO Watch

IPO

Keeping an Eye On MobileIron, Inc. began trading on Nasdaq under the MOBL symbol last Thursday after raising around $100 million in its IPO. The stock has sustained its climb since that first day, when it surged 22 percent to close at $11.02. As of Friday afternoon, it had retreated closer to the price it was initially sold at, settling at … [Read more...]

HelloFresh Raises $50 Million – Investment Round-Up

hellofresh

Series B San Francisco-based ClearCare has secured $11 million to build out its software platform for home care agencies. The Series B round was led by Bessemer Venture Partners, but also included existing investors Cambia Health Solutions, Voyager Capital, Qualcomm Ventures, Harbor Pacific Capital, and City National Bank. This latest round … [Read more...]