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Dallas Diversity Startup Kanarys Wins $3m Seed Round

January 7, 2021

Kanarys, a startup aiming to help employees and companies build diverse workplaces, has won a $3 million seed funding round, bringing its total backing to $4.6m. The Dallas, Texas-headquartered firm, launched in…

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SparkBeyond Proves AI’s Place in Post-Pandemic World

January 6, 2021

The COVID-19 pandemic has forced the world to confront harsh realities. First, our ultra-high-tech existence can be brought to its knees by even a modest display of nature’s destructive power. Second, the…

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Atlanta Security Startup OneTrust Secures $300m Funding to Go On Spending Spree

December 21, 2020

OneTrust, a startup marketing itself as the “most widely used platform to operationalize,” has won a $300 million funding round, with which it plans to embark on a spending spree. The 2016-founded…

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Days After “Fixing” First One, Gmail Suffers Giant Outage

December 15, 2020

Gmail users have experienced a host of problems, as the mail service struggles to rebound from Monday’s global outages. “We’re aware of a problem with Gmail affecting a significant subset of users,”…

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Flipkart’s Payments Firm PhonePe in Partial Spin-out, Valued at $5.5bn

December 5, 2020

Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s…

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Dyson to Kick Off $3.7bn Tech Spending Spree

November 27, 2020

British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…

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Spotify Buys Megaphone for $235m

November 10, 2020

Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…

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Cellwize Raises $32m Round to Accelerate 5G Adoption

November 9, 2020

Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…

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Deutsche Bank Ponders Tata Consultancy Tech Sale

October 22, 2020

Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…

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British AI Startup Edgify Raises $6.5m Seed Fund

October 12, 2020

London-based AI firm Edgify has secured a $6.5 million seed funding round, as it seeks to expand work processing data generated at so-called “edge” devices. The round was led by Octopus Ventures,…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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