Posts Tagged ‘revenue’
On the surface, Astro, launching its public beta today, is a nifty but not completely necessary email client that combines machine intelligence and a bot interface to improve workflows and increase the signal to noise ratio of mail for power users. But the real story is thatthe startup, backed with a new $8 million Series A led by Redpoint, is gearing up to pitchenterprises on itscollaboration platformthat combines AI, social graphs and integrations withcommon CRM, ticketing and group messaging tools.
AccelFoods, an accelerator and fund that backs innovative food and beverage companies, has added $15 million to its second fund, according to founding partners Jordan Gaspar and Lauren Jupiter. AccelFoods has backed brandsmakingproducts that range from edgy to adorable.
Snap has given a final price for its IPO, setting the companys valuation at nearly $24 billion with a price of $17 per share, according to a report by The Wall Street Journal. With that, it looks like Wall Street had plenty of appetite for Snap despite multiple major concerns about the companys business.
Revcontent, a self-funded companypowering content recommendations for publishers like Forbes and The Atlantic, has acquired Rover. Thats not Rover the pet-sitting marketplace, but rather the content discovery app formerly known as Flipora and Infoaxe.
As pollution, extreme weather, and over-population threaten the viability of large, outdoor farms, a startup called Bowery Farming Inc. has raised $7.5 million in total venture funding to grow food indoors, even in the middle of a city. The startups high-tech approach uses robotics, LED lighting, computer vision, sensors and data analytics to grow leafy greens with no pesticides and very little water indoors.
A Swiss startup, Terpon SA, is making virtual reality webcams specifically for the adult entertainment industry. The cameras arent available for purchase, but customers can rent them for about $30 a month, a price that includes around the clock technical support.
Desktop Metal has raised $45 million in a Series C round of venture funding to develop desktop 3D printers that make metal objects. The company aims to bring metal-making capabilitiestosmaller businesses and designers who couldnt afford, or find the space, for previously available technologies.
Hair color startup Madison Reed is on a tear. Over the past year, the San Francisco-based company quietly raised $13 million in new venture funding, landed its products on the television shopping network QVC, launched a chatbot, and opened a New York City storefront called the Madison Reed Color Bar.
Were hearing from sources that Kuaishou a hot photo-sharing application in China is planning to go public in the U.S. later this year. Sources tell us the app has more than 40 million daily active users against 100 million monthly active users, and was most recently valued at around $3 billion.