Day: February 19, 2020

Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of its own. Swiggy, India’s largest food delivery startup, announced on Wednesday it has raised $113 million as part of its Series I financing round. Prosus Ventures, the biggest venture capital for food delivery startups, led […]

A number of startups are taking on big banks with new apps that offer modern, mobile banking experiences, innovative features and reduced or even zero fees. Entering this now-crowded market is Level, a challenger bank and banking app with advantages like 1% cash back on debit card purchases, 2.1% APY on deposits, early access to […]

Google today announced that it has acquired Cornerstone, a Dutch company that specializes in helping enterprises migrate their legacy workloads from mainframes to public clouds. Cornerstone, which provides very hands-on migration assistance, will form the basis of Google Cloud’s mainframe-to-GCP solutions. This move is very much in line with Google Cloud’s overall enterprise strategy, which […]

Microsoft announced a major update to its Dynamics 365 product line today, which correlates to the growing amount of data in the enterprise and how to collect and understand that data to produce better customer experiences. This is, in fact, the goal of all vendors in this space, including Salesforce and Adobe, which are also […]

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Fintech is what you hear about constantly, but probably aren’t as read up on as you’d like to be. Neither am I. Luckily we have a new report concerning fintech investing to unpack and explore. […]

European Union lawmakers have set out a first bundle of proposals for a new digital strategy for the bloc, one that’s intended to drive digitalization across all industries and sectors — and enable what Commission President Ursula von der Leyen has described as ‘A Europe fit for the Digital Age‘. It could also be summed […]

BluBracket, a new security startup from the folks who brought you Vera, came out of stealth today and announced a $6.5 million seed investment. Unusual Ventures led the round with participation by Point72 Ventures, SignalFire and Firebolt Ventures. The company was launched by Ajay Arora and Prakash Linga, who until last year were CEO and […]

ForgePoint Capital has formally announced its new $450 million fund, which it says is the largest fund dedicated to early stage cybersecurity and privacy startups. The fund, the firm’s second — which it aptly named Fund II — will invest in both early stage and a number of other growth-focused companies. The aim is to […]

Ordway, a Washington, DC startup, is building a platform to deal with all of the stuff that happens after you make sale. It starts with the order and goes all the way to revenue as a one-time payment or recurring subscription. Today the company announced a $10 million Series A. CRV led the round with […]