May
23
2017
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Merlon Intelligence raises $7.65 million in seed financing to combat money laundering

 Flightcaster, Prismatic and now Merlon Intelligence. Bradford Cross, founder of the venture capital firm Data Collective is a known figure in the ranks of VCs who have caught the entrepreneurship bug, abandoning what could have been a cushy lifestyle for one with considerably more volatility. His third startup, Merlon Intelligence, services banks, helping them cut down on risk and put a… Read More

May
16
2017
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Apple is shoring up Siri for its next generation of intelligent devices

 Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More

May
15
2017
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NuCypher is using proxy re-encryption to lift more enterprise big data into the cloud

 After spending time at a London fintech accelerator last year, enterprise database startup ZeroDB scrapped its first business plan and mapped out a new one. By January this year it had a new name: NuCypher. It now will try to persuade enterprises to switch to their specialized encryption layer to enhance their ability to perform big data analytics by tapping into the cloud. Read More

May
09
2017
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Nvidia is surging after its income more than doubled year-over-year

 Nvidia’s ballooning GPU business and big bets on divisions like autonomous driving continue to look better and better, with the company’s shares jumping more than 10% after it reported its first-quarter earnings. In the first quarter this year, the company said it brought in $507 million in net income — up from $208 million in the first quarter a year ago. That doubled… Read More

May
08
2017
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Dell Technologies Capital emerges from stealth, announces over 70 investments

 Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… Read More

May
03
2017
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Square up 7% after surpassing quarterly expectations

 Square, the payments company founded and run by Jack Dorsey, released its quarterly financial results for the first quarter after the bell on Wednesday. The company beat expectations, bringing in $462 million in revenue, when investors were forecasting $451 million. This is a 22 percent increase from the same period last year. Read More

May
02
2017
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Twilio stock plummets as major client Uber distances itself

 A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading. What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud communications company have fallen 27 percent in after-hours trading. Read More

Apr
28
2017
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Cloudera finishes up 20% in stock market debut

 After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. This also is above the range of $12 to $14 for which Cloudera was preparing. Read More

Apr
26
2017
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Dropbox really wants us to know its finances are healthy

 Healthy financial milestones sugarcoat the conversation temporarily, but eventually Drew Houston is going to have to step into the public markets. At that point nobody will care how fast Dropbox grew its revenue back in the day. The question will be whether Dropbox is a company that can eventually sustain $10 billion in yearly revenue. Read More

Apr
13
2017
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Yext shares pop more than 20% in public debut

Yext Graphic B It looks like we can add another to the string of IPOs that at least look like they’ve been successful — with Yext, too, popping more than 20% once its shares made their debut this morning. Shares of Yext went as high as $14 or so after the company gave its final pricing at $11 last night — meaning it raised at least $115.5 million in its IPO. Following Okta, and before… Read More

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