Feb
22
2018
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Falcon.io buys Komfo from Sitecore as social media management consolidates

 Falcon.io, a startup out of Denmark that helps businesses manage their presence across social media and messaging platforms, has acquired a competitor in a wider trend of consolidation in the market for such services. It is buying Komfo from customer experience software developer Sitecore, which itself was majority acquired by EQT for $1.1 billion in 2016. Falcon.io is not disclosing the terms… Read More

Feb
01
2018
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MOVE Guides acquires Polaris Global Mobility to expand services for expats and relocation

 Relocation, relocation, relocation, as the saying (sort of) goes. On the heels of raising $48 million last year to tap into the growing needs of businesses to handle global workforces (a huge if sometimes controversial area of the job market), MOVE Guides today announced an acquisition to expand its footprint in the market and the services it offers to customers. The startup is buying up… Read More

Jan
29
2018
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Relx acquires ThreatMetrix for $817M to ramp up in risk-based authentication

 Another startup in the area of cyber security has been snapped up as platform businesses serving enterprises look for more ways of securing their own networks and working with customers to secure theirs. Today, the RELX Group (formerly known as Reed Elsevier) announced that it would acquire ThreatMetrix for £580 million (about $817 million) in cash. This is a big exit for ThreatMetrix, which… Read More

Jan
23
2018
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Element AI opens London outpost with focus on ‘AI for good’

 Element AI — which last year raised $102 million to build an incubator-meets-consultancy to work with multiple businesses as they launch new services and systems based on artificial intelligence — is entering the next phase of its growth this week. The Canadian startup — co-founded by Jean-François Gagné, Nicolas Chapados, and Yoshua Bengio — is opening an outpost… Read More

Jan
08
2018
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Germany’s Smava raises $65M to expand its consumer loan portal

 While Google dominates the world when it comes to search, portals for those looking for products and services in specific niches continue to have a place in our online world. In one of the latest developments, Smava, a German startup that has built a marketplace/portal for people to search for and take out loans, has raised $65 million to grow its business across Europe. The funding comes… Read More

Dec
19
2017
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Bima raises $97M from Allianz for microinsurance aimed at emerging markets

 On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised $96.6 million in… Read More

Dec
13
2017
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Commerce platform iZettle raises $47M at a $950M valuation

 iZettle — the commerce platform based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million) as it approaches a $1 billion valuation. CEO and co-founder Jacob de Geer told TechCrunch the money will go towards… Read More

Nov
28
2017
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Mapping company Here buys ATS to boost its over-the-air tech

 Here, the mapping company that powers location services in 100 million cars, is today announcing an acquisition to vastly improve how it distributes and updates its data. The company is buying Advanced Telematic Systems (ATS), a Berlin-based developer of secure over-the-air (OTA) technology, the basis for how wireless devices — including not just cars but smartphones and other… Read More

Nov
14
2017
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UK plans $80M in tech initiatives, doubles tech visas to 2,000 to shore up support amid Brexit anxiety

 While the UK continues to try to find solid ground to begin its contentious Brexit negotiations, the government has launched several initiatives to try to shore up support to (and from) the country’s technology industry. Prime Minister Theresa May and Chancellor Philip Hammond today announced that the UK would double the number of visas issued to “the brightest and best”… Read More

Oct
19
2017
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Swedish lock giant Assa Abloy acquires smart lock maker August Home

 The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced that it is buying US-based smart lock maker August Home to double down on new technology. Terms of the deal are not being disclosed but we have asked both August… Read More

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