Author: pekandesigns

 Zenefits co-founder Parker Conrad was shown the door in February last year, paving the way for then-COO David Sacks to take over the company and try to turn it around. After about a year of working on that, Sacks stepped back and brought in Jay Fulcher as its new CEO, the former CEO of Ooyala […]

 It seems AI and machine learning are quickly becoming a must-have for today’s software. Apttus, the quote-to-cash service is putting AI to work in contract processing in an effort to speed up a highly inefficient system and close sales faster. Contracts have traditionally been a bottleneck in the sales process. As Apttus CEO and company […]

 Back in 2014, Tuition.io was pitching itself as a management platform for student loan repayments. Now, three years later the company has raised $7 million in new financing as it moves from loan management services to actual repayment of student loans. It’s a business model that’s already shown promise, with companies like FutureFuel.io also looking […]

 There’s a new economic force at work in the machine learning revolution that is capable of generating increasing returns to scale, much as network effects did in the internet revolution. This force is automated learning, and its business impact comes in the form of learning effects: the more a product learns, the more valuable it […]

 Urban transport navigator app Citymapper has announced a tie-up with Gett’s UK black cab hailing app to run two commuter lines of shared taxis in London, morning and evenings, between Highbury in North London and the Waterloo transport hub in the south.  Read More Source: New feed

 DogBuddy, a pan-European online marketplace for dog sitting, has closed €5 million in Series A funding, money it plans for further expansion. Backing the London-headquartered startup in this round is existing investor Sweet Capital, the investment fund started by the founders of King.com, and a number of new unnamed private investors. It brings total raised […]

 The $1.1 billion cooperation deal announced today between HTC and Google ended months of speculation, but prompted new questions. Chief among them is how exactly will the agreement affect HTC, which has dealt with a series of setbacks and lackluster earnings over the past few years. In a press conference today at HTC’s headquarters in […]

 Pointy​,​ ​an Irish start​ ​startup​ ​that​ lets ​local​ ​retailers put their stock online so that they can be discovered via search engines, has raised $6 million in Series A funding. The round is being led by Frontline Ventures, alongside Paul Allen’s Vulcan Capital, Draper Associates and a number of notable angel investors. Read More Source: […]

Nest releases a new alarm system, the Nest Secure, SpaceX files trademark for name of internet service and Waymo wants $2.6 billion for allegedly stolen trade secret. All this on Crunch Report. Read More Source: New feed

 Holly Maloney McConnell has joined the venture firm General Catalyst Partners as a managing director, operating out of its Boston office. McConnell joins the firm from North Bridge Growth Equity, a 23-year-old firm that put on ice plans to raise an eighth fund in 2015 as several partners moved on; McConnell was a principal with […]