Startup

Jeffrey Katzenberg new mobile video startup NewTV, which snagged Meg Whitman as CEO in January, has now closed on $1 billion in funding, according to a report out today in CNN. Investors in the round includeDisney, 21st Century Fox, Warner Bros, Entertainment One and other media companies, with a combined $200 million investment,

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&Augmented reality for enterprise& is the sort of phrase that surely hits all of the right neurological pleasure centers for VCs. No surprise, then, that Scandit just raised a $30 million Series B, in a round led by GV (née Google Ventures) and NGP Capital. That joins a previous $13 million raise for the Zurich-based startup.

We

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Snap40, a Scottish startup that has developed an AI-enabled wearable device to help health professionals monitor patients either on the hospital ward or at home, has raised $8 million in seed funding. The round is led by ADV, with participation from MMC Ventures, and brings total funding to $10 million.

Originally launched as a clinical pilot in

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Spotify is racing to sign up users before Apple Music can, even at the expense of its finances. Spotifysecond quarter as a public company saw mixed performance compared to estimates as it reached 83 million paid subscribers, up 40 percent year-over-year and up 8 million from its 75 million count last quarter. Spotify now has 180 million

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Outvote, a new Y Combinator-backed startup, wants to make grassroots-style campaigning easier and more personal, with the launch of an app that allows people to text their friends with reminders to vote. The idea is to take advantage of peoplewillingness to use social sharing to communicate about political issues, while also leveraging

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Nirav Tolia, CEO of Nextdoor, is stepping down from his role, Recode reports. For those unfamiliar with the company, Nextdoor is like a social network for your neighborhood. Though, over the years, there has been controversy around Nextdoorrole in promoting racial profiling. Nextdoor later rolled out a new tool to address some of the

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  1. Zbiotics says it’s bioengineered a hangover cure
  2. FameGame wants to recreate reality TV for a mobile age
  3. In hot market for secondary shares, one player, Equidate, just locked down $50 million in new funding
  4. Snark AI looks to help companies get on-demand access to idle GPUs
  5. Mayfield Robotics ceases production of Kuri robot amid a questionable future