IT Technology Meet The Stanford AI Lab Alums That Raised $15 Million To Optimize Machine Learning Snorkel AI cofounders (L to R): Alex Ratner (CEO), Chris Ré (Board Member), Paroma Varma (Head of … [+] Solutions), Braden Hancock (Head of Technology), and Henry Ehrenberg (Head of Engineering) Snorkel AI In 2014, computer science PhD candidate Alex Ratner and a team of fellow Stanford PhDs, advised by associate professor and MacArthur Fellow […] Written by imesocial July 14, 2020July 14, 2020
IT Technology Romania-Founded UiPath Raises $225 Million To Reach A $10.2 Billion Valuation Daniel Dines, cofounder and CEO of UiPath UiPath Robotic Process Automation (RPA) company UiPath announced today that it closed a $225 million Series E round, reaching an 11-digit valuation for the first time in the company’s history (10.2 billion). Alkeon Capital led the round, with participating investors including Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, […] Written by imesocial July 13, 2020July 13, 2020
Business News Small Business Minor League Teams Tapped Up To $76.25 Million In PPP Loans, But Future Remains Dire The Toledo Mud Huns are but one of 101 clubs in the minor leagues that received PPP assistance. … [+] (Photo by Scott W. Grau/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images Minor League Baseball teams pulled nearly every lever available to them to keep their staff employed and their operations running, but […] Written by imesocial July 9, 2020July 9, 2020
IT Technology Hallo Raises $1.4 Million To Create The Future Of Language Learning Learning a new language is difficult and time-consuming. Yet, once one does so, one’s ability to appreciate and experience a culture is fundamentally augmented. Whether someone heads to Ibiza for vacation or conducts business in Beijing, being able to speak the native language enhances one’s interactions. Benjamin Dent, 30, and Joon Beh, 29, are two […] Written by imesocial July 8, 2020July 8, 2020
Cryptocurrency & Blockchain Technology Trump’s Former Sanctions Chief Joins Bitcoin Investigation Firm Advisory Board As Part Of Expanded $49 Million Investment Sigal Mandelker, then-U.S. Treasury undersecretary for terrorism and financial intelligence, speaks … [+] during a 2018 conference on cyber law enforcement at the Department of Justice in Washington, D.C. The U.S. Justice Department charged nine Iranian citizens with hacking hundreds of companies and academic institutions to steal more than $3.4 billion in trade secrets and […] Written by July 7, 2020July 7, 2020
IT Technology When These Entrepreneurs First Pitched Podium, A VC Analyst Walked Out On Them. Now, Their Company Does Over $100 Million In Annual Revenue Podium co-founders Eric Rea and Dennis Steele Kiln Coworking Space Before Eric Rea and Dennis Steele co-founded Podium, they were just two guys with a mission to help small businesses have meaningful interactions with their customers. Just six years later, Podium has become a company that does over $100 million in annual revenue, reaches 1 […] Written by imesocial July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Crypto Custody Firm Curv Raises $23 Million In Series A Crypto custody firm closed a Series A funding round that raised $23 million. (Photo Illustration by … [+] Jaap Arriens/NurPhoto via Getty Images) NurPhoto via Getty Images Curv, a startup that provides crypto custody services to institutions, recently brought in $23 million during a Series A funding round, drawing investment from industry players such as […] Written by July 1, 2020July 1, 2020
Cryptocurrency & Blockchain Technology $190 Million Bitcoin Fund Tied To Former ‘Sheriff Of Wall Street’ Solidifies Role As Institutional Leader Benjamin Lawsky, then-superintendent of the New York State Department of Financial Services, speaks … [+] during a Senate hearing in April 2015. Lawsky now works at a company with ties to what appears to be a new leader in institutional cryptocurrency investing. AP Photo/Mike Groll New York Digital Investment Group (NYDIG) today disclosed, in an […] Written by June 30, 2020June 30, 2020
Art With Sotheby’s $363.2 Million Sale, Art Market Passes First Major Test Of Pandemic The words “The auction of the future is here,” flashed across the screen during the glitzy introductory video to Sotheby’s $363.2 million sale of Contemporary, Impressionist and Modern art in New York last night, the first major test of the global art market since the coronavirus pandemic began in March. Sure enough, with collectors unable […] Written by imesocial June 30, 2020June 30, 2020
IT Technology Meet The College Dropout Who Just Raised Nearly $13 Million To Create Smart Robots Elementary Robotics founder and CEO Arye Barnehama Elementary Robotics Prior to manufacturers releasing their products for sale, the goods have to go through a process of quality inspection during which inspectors assiduously make sure the items are in good shape and meet the necessary standards. During the process, the inspectors can detect various defects ranging […] Written by imesocial June 30, 2020June 30, 2020
CoronaVirus News Global Covid-19 Cases Climbing Towards 10 Million Mark The global number of Covid-19 infections is steadily climbing toward the 10 million mark. Johns Hopkins University reported early Saturday there are more than 9.8 million cases. The U.S. continues to lead the world in the number of infections with more than 2.4 million. Brazil follows with 1.2 million cases. Russia comes in third with […] Written by imesocial June 28, 2020June 28, 2020
News Suspected herdsmen kidnap nine travelers in Ondo; demand N100 million ransom from their families Nine persons traveling from Lagos to Abuja have been abducted by suspected herdsmen along lsua highway in Akoko South East area of Ondo State. A family member of one of the victims, Bamidele Ojo, who confirmed this to Vanguard, said the victims were on board a Toyota Sienna space bus when they were ambushed by the suspected […] Written by imesocial June 26, 2020June 26, 2020
Business CoronaVirus Marketing Technology Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Sonder appears to have broken out of the hospitality slump. As Covid-19 has pushed traditional hotel occupancy rates below 20%, shrunk airline demand by 95%, and all-but obliterated business travel—the short-term apartment rental company has closed a $170 million Series E round. Fidelity, Westcap, and Inovia Capital led the deal that values Sonder at a […] Written by imesocial June 24, 2020June 24, 2020
IT Technology Fintech Startup That Raised $100 Million From Investors Bessemer And Coatue Is Abruptly Shutting Down CEO Kurt Rathmann says ScaleFactor lost 50% of its revenue as a result of Covid-19. ScaleFactor By the end of last year, software startup ScaleFactor had emerged as a buzzy financial services company, raising $100 million in 12 months from big-name investors including Bessemer Venture Partners and Coatue Management. But in March, that upward trajectory […] Written by imesocial June 23, 2020June 23, 2020
IT Services Technology NCino, Cloud-Based Financial Services Firm, Aims To Raise $100 Million In IPO nCino, a cloud-based financial services firm, has filed for a public offering. Getty Images Two months after the Covid-19 pandemic froze the IPO market, financial services software company NCino has filed for a public offering. The Wilmington, North Carolina-based startup is seeking to raise $100 million in an IPO, it announced Monday. A regulatory filing […] Written by imesocial June 23, 2020June 23, 2020
Art Kurt Cobain’s Ultra-Rare 1959 Martin D-18E Guitar Sells For $6 Million At Auction A detail of the guitar used by musician Kurt Cobain during Nirvana’s famous MTV Unplugged in New … [+] York concert in 1993, is pictured at the Hard Rock Cafe Piccadilly Circus in central London on May 15, 2020, prior to the auction of the guitar in Beverly Hills in June. – The 1959 Martin […] Written by imesocial June 22, 2020June 22, 2020
