Category: Funding

image
July 1, 2020

Location data startup Bluedot raises $9.1M

Bluedot, a geofencing and location data startup used by companies like Dunkin’, KFC and McDonald’s, is announcing that it has raised $9.1 million in Series B funding. The San Francisco-headquartered company claims that its technology its 20 times more accurate than competing solutions — something...


by Anthony Ha in Advertising Tech
image
June 18, 2020

Payfone raises $100M for its mobile phone-based digital verification and ID platform

As an increasing number of daily and essential services move to digital platforms — a trend that’s had a massive fillip in the last few months — having efficient but effective ways to verify that people are who they say they are online is becoming...


by Ingrid Lunden in Enterprise
image
June 16, 2020

SoftBank confirms it may sell some of its T-Mobile stake

SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors, including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset...


by Catherine Shu in Funding
image
June 15, 2020

Sinch to buy India’s ACL Mobile for $70 million

Sinch said on Monday it has agreed to buy Indian firm ACL Mobile for £56 million (roughly $70 million) in what is the fourth acquisition deal the Swedish mobile voice and messaging firm has entered into at the height of a global pandemic. The Swedish...


by Manish Singh in ACL Mobile
image
May 12, 2020

Slice, an online ordering and marketing platform for pizzerias, raises $43M

Global investment firm KKR is betting on the pizza business — it just led a $43 million Series C investment in Slice. Formerly known as MyPizza, Slice has created a mobile app and website where diners can order a custom pizza delivery from their local,...


by Anthony Ha in Apps
image
May 5, 2020

Social network for women Peanut raises $12M Series A amid pandemic

Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics, from pregnancy and parenthood to marriage and menopause, and everything in between. On the...


by Sarah Perez in Apps
image
April 15, 2020

Attentive raises another $40M for mobile messaging, will invest in helping customers respond to COVID-19

Mobile messaging startup Attentive continues to bring in new funding. The startup raised a $40 million Series B last summer, followed by a $70 million Series C at the beginning of this year. Today it’s announcing that it’s extended the Series C by another $40...


by Anthony Ha in Advertising Tech
image
April 14, 2020

Replace non-stop Zoom with remote office avatars app Pragli

Could avatars that show what co-workers are up to save work-from-home teams from constant distraction and loneliness? That’s the idea behind Pragli, the Bitmoji for the enterprise. It’s a virtual office app that makes you actually feel like you’re in the same building. Pragli uses...


by Josh Constine in Apps
image
April 9, 2020

Sony invests $400M in Chinese entertainment platform Bilibili

Sony said on Thursday that it is investing $400 million to secure a 4.98% stake in Chinese entertainment giant Bilibili. 10-year old Bilibili started as an animation site, but has expanded to other categories including e-sports, user-generated music videos, documentaries, and games. The service, which...


by Manish Singh in animation
image
April 8, 2020

Twine aims to end social isolation with its video chat app for deep conversations

A new startup called twine wants to help people feel less isolated and alone. Though the project has been in the works for around six months, it’s launching at a time when people are struggling with being cut off from family, friends, neighbors, co-workers and...


by Sarah Perez in Apps