After raising $4.4 million last March, Virtualitics has closed a $7 million Series B round led by Centricus with participation from The VR Fund. The startup is building a sort of “Excel for VR,” that lets people see data in a more immersive and collaborative way. “[B]usiness intelligence platforms need to be 3D and collaborative by design in order to help companies gain a… Read MoreWednesday, February 28, 2018
Virtualitics grabs another $7M in funding to drive its VR data visualization platform
After raising $4.4 million last March, Virtualitics has closed a $7 million Series B round led by Centricus with participation from The VR Fund. The startup is building a sort of “Excel for VR,” that lets people see data in a more immersive and collaborative way. “[B]usiness intelligence platforms need to be 3D and collaborative by design in order to help companies gain a… Read MoreGoing public pits Spotify’s suggestions versus everyone
The secret to Spotify’s public market debut is actually an acquisition it made in 2014. The Echo Nest was powering music recommendations for Beats Music, Rdio, Vevo, and iHeartRadio too before Spotify pulled it out from under them by buying it for a reported $100 million — 90 percent in Spotify equity. That deal paid off big time. Today, in Spotify’s SEC filing to go… Read MoreSee you tonight in New York
A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’ll see you there tonight. RSVPs are closed. It starts at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys literally wrote the book on bitcoin and their new book is about… Read MoreThere’s always a bigger fish
Hall One at Mobile World Congress – a single space more massive than most conference centers in major cities – contained only a few displays. Although a quarter of the room housed small phone and mobile manufacturers, Huawei controlled the rest, creating a walled-off compound patrolled by women in folk costumes from many lands. The Small World After All jollity stopped at the gates. Read MorePiccolo is building a gesture-based smart home ‘vision assistant’
Voice assistants may be the hottest thing since sliced bread when it comes to controlling your $60 wifi light bulbs, but Piccolo is launching out of the latest Y Combinator class with a desire to put a camera in every smart home that can translate your physical motions and gestures into commands. The company’s “Vision Assistant” product works pretty simply, users place the… Read MoreThe Leaky Tech Pipeline framework explains how to address diversity and inclusion
It’s clear there is a diversity and inclusion problem in tech. What some companies still struggle with, however, is how to fix it. Part of that is because it can be a hard problem to solve if one doesn’t scratch the surface of understanding it. Nearly four years since tech companies who previously sued to hide their diversity data released it, “we’ve had basically no… Read MorePagedraw UI builder turns your website design mockup into code automatically
For years, one of the holy grails of web design has been trying to automate turning front-end design into clean back-end code. Early attempts included tools like Dreamweaver and FrontPage. Pagedraw, a member of the Y Combinator Winter 2018 class, has developed a tool to fulfill that vision in a modern context. Typically, a web design team sits down and creates a mockup of the user interface,… Read MoreRhino is getting rid of security deposits for rental apartments
Arguably the most frustrating part of renting an apartment, especially in an expensive city like New York, is dealing with the security deposit. One startup wants to make renting easier by getting rid of security deposits, with a solution that is beneficial for both renters and landlords. Here’s how it works: For a monthly fee Rhino provides your landlord with an insurance policy which… Read MoreCollective Health nabs $110 million in funding
Enterprise health management startup Collective Health has added another $110 million to the coffers from existing high-profile investors such as Founders Fund and Alphabet’s investment arm GV, bringing the total now raised to a cool $230 million. The structure is partially a follow-on from a previously unannounced C-1 for $30 million and another $80 million in Series D funding. New… Read MoreEdgybees raises $5.5M to bring better AR to cars and drones
It’s one thing to dispatch a drone when an accident happens to get an aerial overview of what’s happening on the ground, but you get far better situational awareness if you can use augmented reality (AR) to add the names of roads, the location of key personnel, cars and other assets to that view. That’s what Edgybees, a Santa Clara-based startup that current specializes in AR… Read MoreWaymo 360-degree video shows how autonomous vehicles work
Fresh on the heels of settling a contentious and expensive lawsuit with Uber, Alphabet’s self-driving unit Waymo is looking to get out there and educate the public on how its autonomous vehicles work. In a blog post announcing that Waymo self-driving cars have racked up 5 million miles of driving experience on public roads, the company released a video called the Waymo 360-degree… Read MoreKindred Capital, an £80M seed VC firm in London, is giving founders it backs a share of fund profits
Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Read MoreTuesday, February 27, 2018
BrainQ aims to cure stroke and spinal cord injuries through mind-reader tech
Israel-based BrainQ is a new nuerotech startup hoping to take on brain-computer interface (BCI) companies like Braintree founder Bryan Johnson’s Kernel and Silicon Valley billionaire Elon Musk’s Neuralink. It’s not clear yet what Musk’s startup intends to do with the computer chips it plans to put in our heads but Johnson’s startup says it is focused on… Read MorePinterest hires former Square and Google exec Francoise Brougher as its first COO
Pinterest today is adding another executive to its upper c-suite with the hire of Francoise Brougher, who was most recently business lead at Square and prior to that VP of SMB global sales and operations at Google, as its first chief operating officer. Both of those previous positions are probably going to be of particular interest to Pinterest, as someone with Brougher’s experience… Read MoreEnvKey wants to create a smarter place to store a company’s API keys and credentials
If an engineer ends up leaving a company, on their own, or for any other reason, the company work is going to have to quickly work to change all of their keys for their credentials and keys application components. That’s a huge hassle, because often times it’s hard to know where they are stored, who can access what, and how to change everything at a massive scale — especially… Read MoreIndustrious picks up $80M to outclass WeWork for the enterprise
Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 cities nationwide. “Industrious is high… Read MoreNiche raises $6.6 million to help with your school search
Carnegie Mellon grad Luke Skurman built the first version of Niche in 2002. Originally called College Prowler, it was an online store selling physical college guidebooks. Times changed and the site changed with it, first taking on over a $1 million in investment to ramp up with a new name and then hitting a $6.6 million series B from Allen & Company and Grit Capital. Skurman, a San… Read MorePeanut, the matchmaking app for moms, launches a community feature called Peanut Pages
Peanut, the app referred to as “Tinder for moms” because it connects mothers by letting them swipe each other’s profiles, is launching a new community discussion feature. Called Peanut Pages, it’s meant to give mothers a better alternative to Facebook Groups, Quora and other social platforms. Read MoreJoin Michael Casey and Paul Vigna in New York tomorrow
A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’d love for you to come. You can RSVP here and space is limited. It’s happening Tomorrow, February 28, at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys… Read MoreMonday, February 26, 2018
Using technology to craft accurate, persuasive political messages
In a country that’s increasingly polarized, where partisan politics shape perception, the question of how to create a compelling argument — rooted in facts — that can change minds isn’t simply academic. It’s a question that’s chipping away at the foundations of American democracy. Read MorePony.ai launches a self-driving ride-hailing fleet for public use in China
Autonomous driving technology startup Pony.ai has become the first company to operate an autonomous ride-hailing service on public roads for public users in China. The company, just over a year-old, recently raised $112 million in a Series A round to help it accelerate its efforts, and its fleet is running a nearly two-mile route in Nansha, Guangzhou, where its China HQ is located. As you… Read MoreCircle acquires cryptocurrency exchange Poloniex
Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex. Circle is an interesting startup because it’s hard to keep track of what it does. Read MoreWhy investor Jalak Jobanputra is betting big on crypto
When investor and entrepreneur Jalak Jobanputra first visited a blockchain conference five years ago she got goosebumps. The experienced investor had heard of cryptocurrencies but now that they had truly come into maturity she was excited. Now, five years later, she’s building her entire VC practice around blockchain and sees bright days ahead for the technology. Join us Jobanputra,… Read MoreZenBusiness raises $4.5m to help launch one million small businesses by 2023
Starting a small business can involve a remarkable amount of red tape. Certificate of incorporations, sales tax licenses, publication requirements, annual franchise taxes, the list goes on. Even worse, every state in America has its own unique peculiarities. Failure to follow instructions perfectly can result in fines and possibly expropriation. And all you wanted to do was create a simple… Read MoreMenswear startup InStitchu raises $2.5M from Chinese manufacturer Dayang
Chinese clothing manufacturer Dayang Group is making a strategic investment in InStitchu, a startup selling custom tailored suits and other menswear. At $2.5 million, the round is relatively small, but InStitchu co-CEO James Wakefield said the real reason for taking the money is to deepen the relationship with Dayang. Apparently the manufacturer was already making half of the… Read More