Over a decade ago, Michael Martin’s father fell off the roof of his home in Rockport, Indiana, breaking his wrist and shattering his hip. Unable to dial 911 from his cellphone, he laid outside in freezing cold until his wife came home and contacted emergency services from their landline. This catalyzed the founding of RapidSOS in 2012, a startup headed by Martin and Nicholas Horelik with the mission of furnishing 911 responders with superior data.
T-REX, the leading analytics and data solution for complex investments, today announced a new funding round led by Citi (NYSE:C), the Westly Group, and Viola Fintech, with participation from innogy (ETR:IGY) and Macquarie Capital. T-REX fills a critical technology gap for this $30 trillion market by digitizing and standardizing data and unifying workflow. The new funding will accelerate expansion of T-REX’s enterprise data management service and analytics platform for institutional investors, banks, and asset originators across alternative markets.
MyHealthTeams, creator of the largest and fastest-growing social networks for people facing chronic health conditions, announced it has raised $9.44 million in a Series B financing round led by strategic investor UCB, a global biopharmaceutical company. The new funds will be used to fuel MyHealthTeams’ continued growth, including expansion of the company’s existing social networks as well as the launch of additional social networks that make it easy for people diagnosed with a chronic disease to connect with others living with similar challenges and to find relevant, objective information about managing their health.
Procore Technologies, Inc., a leading provider of construction management software, today announced it has entered an agreement to acquire Honest Buildings, Inc., a leading provider of project management software for owners and developers. This acquisition will allow Procore to create the construction industry's first full-stack platform to manage projects from start to finish. Together, the companies will use their platforms to create unified financials and cost tracking from the first dollar in from the investor or lender to its final spend at the subcontractor or material provider level.
Luminar, a Silicon Valley-based maker of laser lidar sensors for self-driving vehicles, raised an additional $100 million and is marketing a new sensing and perception platform for automated passenger vehicles and commercial trucks to see their surroundings more accurately.
Someday, there will be a high-tech bullet train that whisks Californians from one end of the state to the other at lightning speeds. But in the meantime, most of us would just settle for getting home from work in less than an hour.
SentinelOne, which provides real-time endpoint protection on laptops, phones, containers, cloud services and most recently IoT devices on a network through a completely autonomous, AI-based platform, has raised $120 million in a Series D round.
Telematics and big data analysis will take the fleet industry on an interesting ride in the next few years. Together with Vinli, ALD Automotive is investing in a connected car platform to stay ahead of the game and enable fleets to reap the benefits from a global approach.
Utilities that sell power directly to customers need to offer more services if they want to compete in a more digital future, said Steve Westly, managing partner of The Westly Group, a Silicon Valley venture capital firm focused on energy, utility and sustainability.
Connected-car service provider Vinli today announced it closed a $13.5 million Series B financing round. The company says this infusion of capital allows it to broaden its mobility services and integrations as it attempts to connect cars around the world.
RapidSOS, a New York-based startup that helps increase the funnel of information that is transmitted to emergency services alongside a call for help, has raised another $30 million in funding — money that it’s going to use to continue enhancing its product, and also to start pushing into more international markets.
View, the leader in dynamic glass, today announced a $1.1 billion investment from the SoftBank Vision Fund. Demand for View’s intelligent windows is rapidly growing as companies increasingly recognize the benefits of modernizing their work environments to improve the health and productivity of their employees.
Vinli, a Westly Group portfolio company, aims to connect vehicles to the cloud and is today announcing a change in its business model as it partners with the largest fleet operator in Europe, ALD Automotive.
The Westly Group's new portfolio company, Gecko Robotics, aims to save human lives at our nation’s power plants with its wall-climbing robots. To continue doing so, the startup tells TechCrunch it has just secured $7 million from a cadre of high-profile sources, including Founders Fund, Mark Cuban, The Westly Group, Justin Kan and Y Combinator.
Portfolio company, Revolution Foods: We are on a mission to lead an organization that is focused on community wellness. We want to be perceived as a community wellness provider that addresses families’ needs for fresh, healthy foods throughout the day.
Our portfolio company, Comfy, has decided to join Siemens, a global leader in building technology with a wide network and breadth of experience. This partnership furthers Comfy’s mission of improving workplace technology and the worker’s experience.
Simple Energy, the leading provider of utility-branded marketplaces and omni-channel instant rebates, announced today that The Dayton Power and Light Company (DP&L) and Indianapolis Power & Light Company (IPL), each a subsidiary of The AES Corporation(AES), will join its roster of more than 50 utility and co-op partners.
ShotSpotter, Inc.(NASDAQ:SSTI), the leader in gunshot detection solutions that help law enforcement officials and security personnel identify, locate and deter gun violence, today reported results for the fourth quarter and full year ended December 31, 2017.
CognitiveScale, the leading augmented intelligence software company, today announced it has been named to the AI 100 for the second year in a row. The annual list honors a select group of promising private companies working on groundbreaking artificial intelligence technology.
Construction management software startup Honest Buildings raised $13 million in a Series B funding round that included Brookfield Property Partners, Rudin Ventures and C-III Capital Partners, the company announced Wednesday.
Revolution Foods and Back to the Roots are companies that are rethinking school cafeteria meals. From whole grain cereals to meatless peperoni, these lunches and breakfasts are getting a healthy makeover.
For the eighth consecutive year, Enerkem (www.enerkem.com) made the 50 Hottest Companies in Biofuels annual list from Biofuels Digest magazine. Enerkem climbs up to 13th spot, up two positions from last year.
Amyris, Inc. (Nasdaq:AMRS), the industrial bioscience company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2016. "We are pleased to have completed a record year by more than doubling revenues over 2015, signing on a record level of new global partners and delivering on all of our 2016 strategic milestones," said John Melo, Amyris President & CEO.
Today Planet successfully launched 88 Dove satellites to orbit—the largest satellite constellation ever to reach orbit. This is not just a launch (or a world record, for that matter!); for our team this is a major milestone. With these satellites in orbit, Planet will reach its Mission 1: the ability to image all of Earth’s landmass every day.
By 2020, 65% of all jobswill require some college training. At current graduation rates, the U.S. will fall short of this goal by 5 million workers. Vocational Technical (VoTech) training programs for high school students are key to helping them specialize in in-demand technology-related fields, and be ready for the job market. While many wealthy schools already provide such courses, we need to bring these programs to underserved schools.
This post is for every investor with the skepticism to ask: why should I give two hoots about a diversity and inclusion initiative? The answer is it’s critical if you want to keep doing what you’re already good at: identifying underserved markets, diving in early, and making money on the opportunities.
It has been a busy 18 months in the world of cybersecurity. If you’ve been breached, hacked, or had your data ransomed, you have my sympathies. If not, congratulations on being well prepared or just very fortunate.
Imagine you’re on a business trip and killing time at the airport before your next flight. You’re excited to get home because you just put in a bid on the perfect house. The market is competitive and your biggest fear is losing out because of a paperwork glitch...
Globalization is triggering growing angst — if not downright anger — across the United States and Europe. But building walls and demonizing Muslims or Mexicans won’t fix the problem. The culprit is technology — specifically, how quickly technology is making old jobs obsolete and creating new ones.
The promise of big data is straightforward: having more information about a business can help you make better decisions about its future. No surprise that technology investments in the last decade have zeroed in on storing and visualizing data.
It’s hard to go far in the tech industry without running into the idea of super-smart devices taking over our lives. The terms tossed around vary – artificial intelligence, deep learning,machine learning, neural networks – and I’ll be the first to admit the predictions can get a little breathless.
The recent headlines about accidents involving autonomous vehicles raise real concerns about safety and the need for regulations in an emerging industry. But there is no doubt these concerns will be resolved and that self-driving cars are in our immediate future.
As a venture investor who has been on both sides of the fence, I know how critical it is for corporate venture capital firms (CVCs) and private venture capital firms (VCs) to play in the same sandbox. In fact, our collective mission is now more crucial than ever. If we are to succeed at driving the growth of innovation, building competitive advantage, and establishing market leadership, CVCs and VCs must work together. The question is: how?
Uber is officially a part of the 2016 presidential race. Last year, the California Labor Commission found that an Uber driver had been misclassified as an independent contractor, instead of as an employee. Weeks later, Democratic presidential candidate Hillary Clinton suggested companies such as Uber were committing “wage theft” by misclassifying employees as independent contractors, and thereby stripping them of employee benefits...