LATEST ARTICLES

DroneDeploy raises $20 million to help any business put drones to work

A San Francisco-based startup called DroneDeploy has raised $20 million in Series B funding to grow their drone data management platform. The drone tech startup closed its Series B deal just before the U.S. Federal Aviation Administration is scheduled to implement new rules governing commercial and industrial drone use. The Part 107 rules, announced by the...

The top 7 startups from Y Combinator S16 Demo Day 1

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NGINX Plus’s latest release puts the focus on security

NGINX, the company behind the popular open-source NGINX server, launched the latest version (R10) of its NGINX Plus commercial offering today. Like similar open-source companies, NGINX offers its core product for free, but then charges for more advanced features and services. Today marks the tenth major update to NGINX Plus and, as the company’s CMO Peter...

This could be Faraday Future’s answer to the Tesla Model X

Faraday Future is driving a camouflaged version of a real upcoming production EV in LA, according to Electrek. The site reports that a candid shot of a covered-up SUV is actually a test vehicle from the Californian would-be Tesla competitor backed by Chinese consumer gadget company LeEco. The vehicle looks like a crossover-style SUV, similar...

Logikcull raises $10M to let lawyers analyze documents at the speed of a thousand interns

As entertaining and interesting as made-for-TV lawsuits (like the O.J trial) are, they always leave out one key element. The hundreds of hours of research that goes on behind the scenes to prepare for an important trial. Before any big trial a lawyer (and their associates and interns) has to find, organize and examine  thousands of documents....

Email and file encryption service Virtru, built by ex-NSA engineer, raises $29 million

Talk about being at the right place and at the right time. Following revelations of government spying, data breaches, malicious hacking, identity theft and other online threats, the email and file encryption application Virtru has now grown to over 4,000 customers and has closed on $29 million in Series A funding, the company announced this morning. The round...

Microsoft buys AI scheduling tool Genee to make Office 365 smarter

Microsoft has picked up another productivity app — announcing the acquisition of AI-powered scheduling tool Genee. In a blog post today the software giant said it will be plugging Genee into its cloud productivity suite, Office 365. Terms of the deal were not disclosed. “As we continue to build new Office 365 productivity capabilities and services our customers value, I’m confident...

AppFormix now helps enterprises monitor and optimize their virtualized networks

AppFormix helps enterprises, including the likes of Rackspace and its customers, monitor and optimize their OpenStack- and container-based clouds. The company today announced that it has also now added support for virtualized network functions (VNF) to its service. Traditionally, networking was the domain of highly specialized hardware, but increasingly, its commodity hardware and software that are...

Media.net acquired for $900M in mega ad-tech deal

The flow of Chinese capital into foreign ad-tech companies increased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium by Miteno Communication Technology, a Chinese tech...

Amazon now lets you rent its virtual desktops, Amazon WorkSpaces, by the hour

Amazon is rolling out a new way for businesses to use its cloud-based virtual desktop service, Amazon WorkSpaces: instead of paying monthly for access to an always-on WorkSpace you can connect to at any time, companies can now choose to pay and use WorkSpaces on an hourly basis. The new billing system is designed to...