Startups

Monte Carlo, a startup that sells data observability (data obs) software to other companies, announced this morning that it has closed a $135 million Series D at a valuation of $1.6 billion. The round is an interesting echo of 2021‘s fundraising market, making our ears perk up when we caught

In software development, observability refers to keeping watch over all of an app’s components, from mobile and web clients to backend infrastructure. Given how critical this sort of visibility into a system can be for developers, not to mention a broader organization, it’s unsurprising

Singularity Energy, a SaaS platform that reports on carbon emissions for the electricity grid, has closed a $4.5 million seed round led by Spero Ventures and Energy Impact Partners and joined by existing investors, including Third Sphere and J Ventures.  Singularity, based in Somerville, Massachus

South African edtech startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, the U.K.-based venture capital firm, to drive uptake of its WhatsApp and Facebook-based learning chatbot across the globe. FoondaMate helps students with their revision by giving them immediate

No industry is a stranger to litigation, but for the tech sector, it appears intellectual property (IP) and patent disputes, followed by cybersecurity and data protection issues, are among the top legal matters that keep tech company managers up at night. According to the 17th Annual Litigation Tre

SwipeRx, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia's MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers. Pharmacies in Southe

Monday May 23, 2022, and we're listening to our brand-new podcast called the technewss Podcast. In it, we talk to technewss writers about the stories they're most excited about. The first episode is live now, featuring Darrell and Taylor talking about … UFOs? — Haje and Christine Th

Over the weekend, rumors began flying that chipmaker Broadcom was interested in acquiring VMware, the company best known for commercializing the virtual machine concept that gave birth to cloud computing. Bloomberg first reported the potential deal on Sunday. VMware will not come cheap. It had a ma

Take-Two has completed its $12.7 billion acquisition of mobile games giant Zynga, the company announced on Monday. Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. The deal, which was first

Weeks after laying off about 30% of its staff, MainStreet is said to be raising another round of funding at a $200 million valuation, sources tell technewss. The news is significant in that MainStreet, which helps other startups uncover tax credits, reportedly raised $60 million in March of 2021 a

SiriusXM Holdings, Inc. announced the acquisition of Team Coco today, the Conan O'Brien-led podcast network and digital media business. The $150 million deal (valuation first reported by The Wall Street Journal) will include the former NBC and TBS late-night host's interview podcast “Cona

Amit Jain, who previously led Uber's Asia Pacific business and served as a partner at Sequoia Capital India, is working on a crypto payments platform and has received backing from several high-profile entrepreneurs, including Uber chief executive Dara Khosrowshahi, a source familiar with the ma

1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $25 million in a new financing round as it attempts to help brands and neighborhood stores reach more consumers. The three-year-old startup's Series B financing was led by

BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told technewss that it has closed $36.8 million in a Series B round led by Sequoia Capital India, not long after