Pypestream raises $15M for its customer messaging platform

Pypestream Pypestream is announcing that it has raised $15 million in Series A funding. When the startup launched more than a year ago, founder and CEO Richard Smullen was pitching text messaging as the best way for customers to communicate with businesses — specifically, through the Pypestream app, where businesses can create their own accounts with a variety of different “pypes”… Read More

Lux Capital closes $400 million fund to back startups “inventing the future”

active brain Lux Capital’s portfolio companies sound like they ripped their product concepts from the pages of science fiction. Among these are self-driving car startup Zoox, a company gathering oceanographic data from fleets of autonomously operating boats called Saildrone, Desktop Metal whose 3-D printers that can make objects out of alloys on the spot, and 3Scan, a startup that makes detailed… Read More

Reflect drops public beta to power developer-first data visualization

Abstract pattern of yellow pie charts on multiColored background of geometric shapes Data visualization has been done — there are publicly traded, interactive, real-time and, heck, even artificially intelligent companies promising data visualization. But despite all the noise, Portland-based Reflect is making a go of it in the space, opening up its public beta today. By putting developers first and letting them integrate and customize visualizations in their own… Read More

WorkJam raises $12 million to communicate with hourly workers

workjam_visual_v2 There is plenty of enterprise software for the white-collar workforce, but there still isn’t an ideal way to communicate with employees who aren’t sitting at a desk. That’s the thesis behind WorkJam, which is announcing $12 million in funding from Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT. Read More

A year after Jasper acquisition Cisco expands the platform

cisco Just over a year ago Cisco bought Jasper Technologies for $1.4 billion, and with that transaction, created the company’s IoT cloud business. This week, Cisco is making a series of announcements at Mobile World Congress related to expanding the platform. When a startup like Jasper gets acquired by a big company like Cisco, the standard line of reasoning goes something like this:… Read More

Workfit raises $5.5 million seed round to be your AI meeting assistant

Businessman leaning on conference room table and talking to co-workers at business meeting Conversational AI is pushing deeper into enterprise with Workfit, a new startup promising to make conference call follow-ups and mid-meeting CRM updates as easy as playing a song or checking the weather on Google Home or Amazon Echo. Battery Ventures, Greycroft Partners, Salesforce Ventures and a number of angels joined together to finance a $5.5 million seed investment in the… Read More

Ambitious Alibaba takes aim at the kings of cloud computing

HANGZHOU, CHINA - OCTOBER 13:  (CHINA OUT) Jack Ma, chairman of Alibaba Group Holding Ltd., speaks during the launching ceremony of the Alibaba's Tmall 11.11 Global Shopping Festival at the company's headquarters on October 13, 2015 in Hangzhou, Zhejiang Province of China. Alibaba will open offices in three European countries and expand further in the U.S as it seeks to revive growth and reassure jittery investors. The 11.11 Global Shopping event this year will cover more than 200 countries throughout the world in large-scale businesses.  (Photo by VCG/VCG via Getty Images) When you think of the biggest cloud players in the world, one company you might not consider is Alibaba, the Chinese e-commerce giant that held a record $25 billion U.S. IPO in 2014. Alibaba entered the cloud computing business in 2009, just three years after Amazon launched its cloud division, AWS — and Alibaba’s cloud computing efforts are among the ambitious projects that… Read More

Veeva defied detractors when it launched a cloud life sciences biz a decade ago

Veeva 10th birthday cake It’s safe to say that Veeva is not a household name, but 10 years ago this month the company launched the first of a set of enterprise tools, like content management and CRM, designed for the unique requirements of the pharmaceutical and life sciences industry. You have to remember, this was a fairly revolutionary notion a decade ago when very few companies were running enterprise… Read More

SoFi confirms $500 million in new funding as it pushes beyond lending

unicorn-money Online finance startup SoFi got its start refinancing student loans but gradually has been adding other services to members. To expand into new regions and move closer to becoming a full-service financial services company, SoFi has confirmed that it raised an additional $500 million in equity financing led by Silver Lake. Read More

Communication platform Layer raises $15M and acquires interactive messaging startup Cola

IMG_9233 Layer, the messaging platform that won TechCrunch’s Startup Battlefield back in 2013, is making two big announcement today: It’s raised $15 million in Series B funding, and it’s acquiring another startup, Cola. Layer makes it easy for businesses to add messaging capabilities to their  iOS, Android and web products — customers include Trunk Club, Staples and Udacity.… Read More