Category: Fundings and Exits

Mark Suster On Falling Valuations And LA’s Tech Scene

Mark Suster On LA Tech And The Pending Bubble TechCrunch sat down with Mark Suster, managing partner at Upfront Ventures. One of the most active investors in Los Angeles, Suster spoke of how local startups are able to draw upon the city’s creative talent to bring content, commerce and communication platforms to the next level. He also commented…

Motosumo Turns Your Smartphone Into A Sports Tracker Without Need For Additional Gadgets

Copenhagen-based Motosumo has spent the last three years developing “gait analysis” systems based on body mounted sensors coupled with its own algorithm to model motion physics. It’s then been applying this tech to professional sports, physiotherapy, and athletics. However, the startup now wants to bring its wares to the consumer market with fitness and sports…

Nokia Growth Partners Announces $350M Fund Focused On IoT

What do you finance if you’re in the network business and need to encourage your customers to upgrade faster to the next generation of cellular tech (aka 5G)? Why the Internet of Things of course… Nokia’s venture capital arm, Nokia Growth Partners, has just announced a new $350 million fund focused specifically on IoT — and sponsored exclusively by Nokia. Announcing the fund…

Anyline Raises €1.5M To Let You Add Optical Character Recognition To Your App

Anyline, the Austrian startup that provides mobile OCR tech to enable developers to add text recognition to their own apps, has raised €1.5 million in funding. The list of investors is interesting, too. It includes angel investor Johann ‘Hansi’ Hansmann, busuu co-founder Bernhard Niesner, Lukas Püspök, and the U.S.-based VC-fund iSeed Ventures. However, most notable…

Fitness App Runkeeper To Be Acquired By Running Shoe Maker ASICS

Runkeeper is set to become the latest fitness startup to be acquired by a workout gear company. Jason Jacobs, the startup’s co-founder and chief executive officer, announced today that his company has entered into a definitive agreement to be purchased by ASICS Corporation. Headquartered in Japan, ASICS is best-known for making running shoes and clothing, but…

Family App Life360 Acquires Couple, A Private Messaging App For Two

Life360, the mobile application designed for families, announced today that it has acquired the private messaging application and Y Combinator grad Couple (formerly known as Pair), based in Mountain View. Not a pure talent acquisition, Life360 sees Couple as being a potential initial entry point into its larger platform, which now counts over 55 million families using its location…