Startup
Glance, a subsidiary of Indian mobile ad business firm InMobi, said today it has raised $45 million as it prepares to scale its business outside of India and bulk up its product offerings.
The unnamed maiden financing round for Glance was funded by Mithril Capital, a growth-stage investment firm co-founded by Silicon Valley investors Peter Thiel
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Read more: InMobi’s Glance raises $45M to expand outside of India
Write comment (98 Comments)SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment.
Earlier this year, SimShine raised
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Read more: SimShine raises $8 million for home security cameras that use edge computing
Write comment (100 Comments)The troubles for The We Company and its main business WeWork are mounting as the Financial Times is reporting that the company’s main backer, SoftBank, is pushing for the company to put its troubled public offering on hold.
Citing sources familiar with the company and its main investor, the Financial Times said the reason is the cool reception The
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QuintoAndar, the Brazilian real estate technology developer, has secured a massive $250 million Series D led by SoftBank, as the Japanese conglomerate continues to deploy its $5 billion commitment to the Latin American region.
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Read more: SoftBank mints QuintoAndar a new unicorn in Latin American real estate tech
Write comment (91 Comments)This fall, nearlyhalf a million international students will begin or return to STEM degree
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Read more: International students face immigration hurdles under Trump
Write comment (90 Comments)More than 50% of the Fortune 500 companies are now using the open-source Cloud Foundry Platform-as-a-Service project — either directly or through vendors like Pivotal — to build, test and deploy their applications. Like so many other projects, including the likes of OpenStack, Cloud Foundry went through a bit of a transition in recent years as mor
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Read more: With its Kubernetes bet paying off, Cloud Foundry doubles down on developer experience
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