March 28, 2024

Web and Technology News

Leanplum acquired by Clevertap as retention marketing platforms consolidate

CleverTap, a retention marketing platform which has raised $76.6M to date, is to fully acquire Bulgarian-originated but San Francisco-based Leanplum, a customer engagement platform which has raised $131.2M, for an undisclosed amount. The news was broken by South Eastern European startup news site The Recursive. Sunil Thomas, CleverTap Cofounder and Executive Chairman said: “Like many […]

Oriient raises $11M Series A for its indoor positioning service

Indoor navigation was something we heard about a lot after the launch of the iPhone and during that first wave of location-based apps. But the technology has quietly evolved over the last few years and may now be more important than ever. Oriient, which powers the platform that Instacart shoppers use to gather their orders […]

Oriient raises $11M Series A for its indoor positioning service

Indoor navigation was something we heard about a lot after the launch of the iPhone and during that first wave of location-based apps. But the technology has quietly evolved over the last few years and may now be more important than ever. Oriient, which powers the platform that Instacart shoppers use to gather their orders […]

China’s gaming giant NetEase opens first US studio in Austin

NetEase, the second-largest gaming company in China and the sixth-largest in the world, has opened its first US-based studio in Austin as China’s gaming industry slows. The company’s archrival Tencent was a step ahead in expanding to North America. TiMi, Tencent’s cash cow studio known for the mobile blockbuster Honor of Kings, began hiring in […]

In the wake of Fast’s collapse, Volume thinks it can crack the payment checkout conundrum

Online payment methods can be expensive for merchants, who have to pay between 2% and 8% of every sale to debit and credit card, ewallet and BNPL facilitators. Much of this is often passed to consumers. Fast was a hugely well-funded startup that tried to address this by closed in spectacular fashion just recently. Other […]

Anglo-Hungarian anti-fraud platform SEON pulls in a $94M Series B led by IVP

Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially their social media – in order to weed out false accounts and thus prevent fraudulent transactions. Clients included Patreon, AirFrance, Rivalry and Ladbrokes. The London-based […]

Anglo-Hungarian anti-fraud platform SEON pulls in a $94M Series B led by IVP

Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially their social media – in order to weed out false accounts and thus prevent fraudulent transactions. Clients included Patreon, AirFrance, Rivalry and Ladbrokes. The London-based […]

Lucid launches a faster, more expensive version of its flagship EV

Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Performance Model will arrive in June, following customer deliveries of the automaker’s long-awaited flagship model, the 819-horsepower Lucid Air Grand Touring full-size sedan that can travel up […]

Lucid launches a faster, more expensive version of its flagship EV

Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Performance Model will arrive in June, following customer deliveries of the automaker’s long-awaited flagship model, the 819-horsepower Lucid Air Grand Touring full-size sedan that can travel up […]

General Motors, Honda partner to make millions of affordable EVs

Rick Schostek, EVP of American Honda said it best in a released statement: “Announcing a new battery electric vehicle isn’t exactly headline making news these days.” He’s right. There’s seemingly a new EV everyday (including an electric DeLorean, announced yesterday). But this announcement is different. General Motors and Honda today announced a partnership to co-develop […]

General Motors, Honda partner to make millions of affordable EVs

Rick Schostek, EVP of American Honda said it best in a released statement: “Announcing a new battery electric vehicle isn’t exactly headline making news these days.” He’s right. There’s seemingly a new EV everyday (including an electric DeLorean, announced yesterday). But this announcement is different. General Motors and Honda today announced a partnership to co-develop […]

Cadillac begins production of Lyriq crossovers, the GM luxury brand’s first EV

Cadillac began production on Monday of its first-ever electric vehicle, the $60,000 Lyriq crossover. General Motors’ luxury brand has high hopes for the SUV as the first model in the battery-electric portfolio it plans to roll out by 2030. Demand for the car, which goes on sale in May, prompted Cadillac to boost production to […]

Cadillac begins production of Lyriq crossovers, the GM luxury brand’s first EV

Cadillac began production on Monday of its first-ever electric vehicle, the $60,000 Lyriq crossover. General Motors’ luxury brand has high hopes for the SUV as the first model in the battery-electric portfolio it plans to roll out by 2030. Demand for the car, which goes on sale in May, prompted Cadillac to boost production to […]

Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform

A wholesale e-commerce platform based in Kenya, Powered by People, has secured $5 million in seed funding to increase its transaction volumes by growing the number of small brands using its B2B online marketplace to reach international buyers. The equity funding was led by Susa Ventures and Golden Ventures with participation from a number of […]

Connecteam raises $120M at an $800M+ valuation for its all-in-one communications app for deskless workers

After years of being overlooked, front-line employees and others who do not sit at desks all day are taking center stage in a new wave of workplace productivity apps. In the latest development, Connecteam — an all-in-one app providing HR tools, communications services, and daily operations management (eg scheduling, virtual time cards) — has raised […]

Amazon Music to overtake Pandora as No. 2 U.S. music streamer this year

According to estimates from Insider Intelligence (previously eMarketer), Amazon Music will surpass Pandora this year to become the music streamer with the second most number of users in the U.S. Notably, this study includes users on both paid and ad-supported plans for these services — so, while Apple Music has an estimated 38.2 million subscribers, […]

Amazon Music to overtake Pandora as No. 2 U.S. music streamer this year

According to estimates from Insider Intelligence (previously eMarketer), Amazon Music will surpass Pandora this year to become the music streamer with the second most number of users in the U.S. Notably, this study includes users on both paid and ad-supported plans for these services — so, while Apple Music has an estimated 38.2 million subscribers, […]