Brain Corp – Self-driving robot AI company raises $114M

A San Diego based company that believes “tomorrow’s robots will be intelligent autonomous machines that can take care of us,” which will be “as commonplace as computers and mobile phones are today” has raised $114 million in Series C funding led by SoftBank’s Vision Fund, and with participation from Qualcomm Ventures. Brain Corp‘s primary product… Continue reading Brain Corp – Self-driving robot AI company raises $114M

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Regulation could stifle growing China-US venture activity

Reuters reported that the U.S. government is considering placing new restrictions on Chinese investment into American companies developing artificial intelligence, machine learning and other technologies with strategic importance to the United States. The report, based off of documents that haven’t been released publicly, suggests that, in the view of Reuters, the “U.S. government is now looking to strengthen… Continue reading Regulation could stifle growing China-US venture activity

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Blispay raises $12 million to help retail customers avoid payments for 6 months

If you’re looking to buy something, but don’t want to pay for it yet, Blispay thinks it has the solution for you. The startup works with small and mid-sized businesses to help retail customers defer payments for six months. Baltimore-based Blispay has been gaining traction and raised an additional $12 million in funding after raising… Continue reading Blispay raises $12 million to help retail customers avoid payments for 6 months

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Instagram on copying Snapchat: “This is the way the tech industry works”

That’s Instagram’s VP of Product Kevin Weil’s perspective about cloning Snapchat. He’s the man in charge of bringing Snap CEO Evan Spiegel’s vision to a much larger audience, reforging his features for the mainstream, and then taking Instagram a step further. But rather than showing guilt, remorse, or reluctance about copying what’s worked for Snap,… Continue reading Instagram on copying Snapchat: “This is the way the tech industry works”

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Data management startup Rubrik is raising up to $200M on a $1B valuation

Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according… Continue reading Data management startup Rubrik is raising up to $200M on a $1B valuation

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Breaking records, enterprise fundings are up nearly 80% in Q1 2017

After a lackluster year for enterprise technology venture capital investments, 2017 kicked off with a record breaking quarter for enterprise technology startups. Following 4 straight quarters of decreasing investment, investors poured a record-breaking $5 billion dollars into enterprise technology startups in the first quarter of 2017 alone – a nearly 80% increase from the previous… Continue reading Breaking records, enterprise fundings are up nearly 80% in Q1 2017

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MasterClass raises $35 million for celebrity taught classes

If you want to learn something new, learn it from the master. That’s the thesis behind MasterClass, which offers tennis tips from Serena Williams, cooking advice from Gordon Ramsay and vocal training from Christina Aguilera. The startup offers online courses from leaders in their field, charging about $90 for the hours long sessions. Students also have access to… Continue reading MasterClass raises $35 million for celebrity taught classes

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