Category: Startups

Facebook quietly acquired another UK AI startup and almost no one noticed

Over the last few years, Facebook has been busy building out AI capabilities in areas like computer vision, natural language processing (NLP) and ‘deep learning,’ in part by acquiring promising startups in the space. Understandably, this has seen the U.S. social networking giant look to the U.K. for AI talent,…

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Localytics founders announce Demand Sage, a startup bringing marketing intelligence to small and mid-sized businesses

Just a couple days after mobile analytics and marketing company Localytics was acquired by Upland Software, two of its founders are announcing their new startup Demand Sage. CEO Raj Aggarwal and CTO Henry Cipolla previously co-founded and served in the same roles at Localytics, and they founded Demand Sage with…

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Facebook Workplace co-founder launches downtime fire alarm Kintaba

“It’s an open secret that every company is on fire,” says Kintaba co-founder John Egan. “At any given moment something is going horribly wrong in a way that it has never gone wrong before.” Code failure downtimes, server outages and hack attacks plague engineering teams. Yet the tools for waking…

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Starling Bank raises another £60M from existing backers

Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised another £60 million from its existing investors, Merian Global Investors and Harry McPike’s JTC. The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led…

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After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step

Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested…

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‘A city where you can pilot almost anything and figure out if it’s going to work’

An interview with Julie Samuels, founding executive director of Tech:NYC Scott Bade 10 hours Scott Bade Contributor Scott Bade is a former speechwriter for Mike Bloomberg and co-author of “More Human: Designing a World Where People Come First.” More posts by this contributor The tech of giving back: an interview…

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