Tagged: silicon valley

Silicon Valley Unicorn Apttus Secures $55 Million During Series E Funding Round

Apttus, a Silicon Valley unicorn that provides the first and only platform to combine end-to-end Quote-to-Cash business process automation with behavior applications and artificial intelligence to enable customers to maximize revenue, announced this week it has raised a $55 Million Series E funding round, which… Read More

Update: Knightscope Becomes First Company To Surpass $10 Million on SeedInvest

Silicon Valley-based Knightscope has reportedly secured $10 million through its “mini-IPO” Reg A+ equity crowdfunding campaign on SeedInvest. The initiative was launched earlier this year and is seeking $20 million as part of its Series M efforts. It has now been dubbed the most successful campaign… Read More

Startups Innovation Hub GSVlabs Turns to Indiegogo/MicroVentures For Equity Crowdfunding Round

Silicon Valley-based GSVlabs has recently launched an equity crowdfunding campaign on Indiegogo/Microventures to raise growth funding. Founded in 2012, GSVlabs engages with startups, corporations, international agencies, mentors, universities, investors, thought leaders, and non-profits. The organization stated: “Silicon Valley isn’t just a location in California; it’s… Read More

Gaza Sky Geeks Crowdfunds to Launch Coding Academy

Gaza Sky Geeks is running another crowdfunding campaign called “Power Up Gaza’s Geeks”.  There is just over a week left in the campaign, and the group is currently at $277,869 — or 292 percent of its original goal. Initially, Gaza Sky Geeks had a goal… Read More

KPMG & CB Insights Report Suggest FinTech Growth is Slowing

During the first half of 2016, regulators feared that Fintech would become all too powerful.  Then, in November, they concluded that the Fintech sector was not threatening.  At the cusp of 2017, it also appears that other observers have concluded that the FIintech boom is… Read More

The Incubator Formally Known as 500 Startups: Call Us 500 Seed & 500 Series A Programs, Please

It’s hard to believed that 500 Startups launched just six years ago given its influence.  1600+ companies, 60+ countries and 3,000 founders later, Co-Founder Dave McClure utilized the platform’s blog to reflect on the last years progress and to look forward to the company’s next… Read More

Brief: Korea Fintech Center Signs MOUs With 500 Startups & Silicon Valley Forum

The Korea Fintech Center has signed a memorandum of understanding (MOUs) with two Silicon Valley organizations, 500 Startups and Silicon Valley Forum.  500 Startups is described as a global venture capital company and startup accelerator. It has supported 1,700 startups in over 50 countries. Silicon Valley… Read More

Cross River Bank Applies Startup Model, Raises $28M in VC Funding

Cross River Bank raised $28 million from a number of investors in Silicon Valley. Investors included Battery Ventures, Andreessen Horowitz, and Ribbit Capital, which have invested in fintech startups. In addition to the deal, Battery General Partner Scott Tobin will become a member of Cross River’s… Read More

Brief: Royal Bank of Canada Sets Up Fintech Innovation Lab in Silicon Valley

Like many other large banks, Royal Bank of Canada is now syncing with rising Silicon Valley fintech talent to better position itself with the ever dynamic fintech sector, RBC Vice President of Innovation Gabriel Woo shared with Reuters,  and launched an Innovation Lab in Silicon Valley. The bank has opened similar… Read More

Brief: Menlo College Names Manny Fernandez “Silicon Valley Equity CrowdFunding Pioneer”

Menlo College named angel investor and Dreamfunded co-founder/CEO, Manny Fernandez “Silicon Valley Equity Crowdfunding Pioneer” during its The Future of Investing: How Equity CrowdFunding is Shaping the American Dream event on Wednesday evening. Menlo College Professor of Finance, Soumendra De, who presented the award to Fernandez,… Read More

Despite Kickstarter Fame Pebble Lays Off 25% Of Its Staff

Last year, Pebble hit Kickstarter for its new watch and surpassed its initial goal within just mere hours. By the end of its funding round, the startup gained $20,338,986 from 78,471 backers, which made its initiative the most funded project on the crowdfunding giant’s platform. The company previously found… Read More

Major Japanese Bank Mitsubishi UFJ Said To Create Division For Fintech Research

Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More

KXTER Debuts Crowdfunded Silicon Valley Venture Fund

Earlier this week, KXTER, Inc. launched a new crowdfunded Silicon Valley venture fund that is designed to offer individual investors the opportunity to access multiple venture investment strategies and managers in a single closed-end fund. The Kxter Fund One LLC (the “Fund”), which already holds positions in several… Read More

Silicon Valley vs London? No Competition, London Fintech Dominates, Says UK Treasury Fintech Envoy Eileen Burbidge

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

Kickstarter Alum MOCACARE Secures $2M In Additional Funding

MOCACARE, a Silicon Valley based company at the heart of the connected health movement, announced it has raised a further $2m in venture capital funding, bringing its total investment to over $4 million. This latest investment was led by JDM Mobile Internet Solutions Co., Ltd.,… Read More

Titan Airways Selects Crowdfunding Success Zendure A5 External Battery to Charge iPads for Pilots

Zendure, a Silicon Valley consumer electronics company, announced that its flagship product, the Zendure A5 external battery with 16,000mAh capacity, was selected by Titan Airways, a UK charter airline that specializes in VIP and corporate travel, to power the iPads in their EFBs (electronic flight bags)…. Read More

Search Engine For Vacation Homes & Short-Term Rentals Tripping.com Closes $16M Series B Financing Round

Tripping.com, a search engine for vacation homes and short-term rentals, announced it has raised $16 million in Series B financing from investors across New York, Silicon Valley, Asia, and Europe. This news coincides with the unveiling of significant growth statistics, including a 2,918% increase in… Read More

Smartphone App STAND Raises $2.25M During Seed Funding Round; Names Twitter’s Co-Founder Biz Stone as Chairman of the Board

On Thursday, photo-friendly smartphone app, STAND,  announced it has raised $2.25 million seed funding round, which was led by Resolute Ventures, with participation from Silicon Valley influencers including Jack Dorsey, Twitter/Square; Greylock Discovery (Josh Elman); Fresco Capital (Tytus Michalski and Stephen Forte); Meng Tan, Google; Doug… Read More

MODE, Inc. Debuts Full-featured Cloud Platform; Secures $775,000 During Seed Round

Earlier this week, San Mateo, California startup MODE, Inc., announced the official launch of a platform designed to help developers and emerging brands delivering Internet of Things (IoT) solutions. In addition, the company secured $775,000 in seed funding, led by Metamorphic Ventures, Kleiner Perkins Caufield Byers, and several angel investors… Read More

Silicon Valley’s Wearality Corporation Unveils Advanced Virtual Reality Headset on Kickstarter

On Monday, Silicon Valley startup, Wearality Corporation, announced the launch of its Kickstarter campaign for its first product, the Wearality Sky Virtual Reality (VR) headset. The Wearality Sky is compatible with all 5” and 6” smartphones and offers the best user experience with the highest level of portability and… Read More