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Rimeto founders Neville Bowers, left, Maxwell Hayman and Ted Zagat are joining forces with Slack in … [+] an undisclosed financial deal. Marc Olivier Le Blanc for Rimeto Slack is getting into the corporate directory business through an acquisition the publicly-traded collaboration company says it will operate as its first additional standalone app. Slack announced […]
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Amazon has announced that it is acquiring self-driving car startup Zoox in a deal estimated to be worth over $1 billion. Foster City, California-based Zoox has founded in 2014 and raised $955 million funding from investors, including Grok Ventures, Lux Capital, Blackbird Ventures. Amazon’s intention to the automotive industry is not new. Amazon has also invested in electric truckmaker Rivian and the self-driving […]
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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 […]
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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 […]
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According to the WHO Disability Report, 1 billion people or 15 percent of the world’s population experience some form of disability. Although there is no recent census data available in India in this segment, WHO estimates that disability prevalence is higher than 15 percent in developing countries. Varija Life Startup brings a good news! And […]
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Dell, Facebook, Yahoo!, Time Magazine… Those are some of the world’s biggest corporations, but there is another common feature they share. Their story to stardom can be traced all the way back to college dorms, where some young minds decided to bring their entrepreneur’s vision into life. You may not be the next Mark Zuckerberg, […]