Exotel raises $40M for its full-stack customer engagement platform

Exotel said on Tuesday it has raised $40 million in a financing round, just three months after securing $35 million in funding, as the Bangalore-based startup demonstrates growth for its full-stack customer engagement platform in emerging markets. Steadview Capital led the startup's Series D ro

The coming reckoning: Showing ROI from threat intelligence

Threat intelligence has been a part of cyber defense processes in the private sector for nearly a decade now. Many threat intelligence teams were initially composed of classically trained intel operators from the public sector, where they focused on gathering data to thwart national security threat

Fintech-focused Ribbit Capital raises $1.15B in seventh fund, according to SEC filing

Ribbit Capital, a venture firm best known for its fintech investments, has raised $1.15 billion in new capital in what appears to be a close of its seventh fund, according to a filing with the U.S. Securities and Exchange Commission (SEC).  The new fund, dubbed Ribbit Capital VII LP, is believed t

AWS will buy a SaaS company, and other 2022 enterprise predictions

It’s always a sticky business predicting what’s going to happen in tech, because who knows what’s going on behind the scenes or what’s coming next. Would you have thought, for instance, that Salesforce would spend almost $28 billion to buy Slack at the end of 2020? Or that i

Your mom owns Web 2.0

We’ve been gifted another episode of “Tech versus Tech: Crypto Edition” today. The argument among the tech elite about just who owns what in the Web 2.0 and web3 worlds continued this weekend. And once again the dustup featured former Twitter CEO Jack Dorsey and a16z, the investin

Twitter completes sale of MoPub to AppLovin for $1.05 billion

Twitter announced today it has completed the sale of its mobile ad platform, MoPub, to the mobile game maker and marketing software provider AppLovin for $1.05 billion in cash. The deal was first announced in October 2021, following Twitter’s reveal of its plan to double its revenue by 2023 t

Brazil’s Abstra lands Accenture as a customer and $2.3M to help teams make apps with its no-code tool

Abstra, which has developed a no-code tool for designers and programmers to build professional apps, has raised $2.3 million in a funding round led by SoftBank Latin America Fund. Bruno Vieira Costa founded Rio de Janeiro-based Abstra in March of 2020. Costa graduated from college in 2018 and alrea

Smarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia

Organizing information from providers, insurers and patients not only takes a lot of time, but increases private healthcare costs. Smarter Health, a Singaporean-based startup, develops technology that allows smoother exchange of data between different parties in the healthcare system, improving pat

AIMMO bags $12M Series A to advance data labeling technology  

Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning models, but at the same time, it can be time-consuming and tedious work. A Korean startup

When fundraising, New Zealand startup founders should play the ‘Kiwi card’

New Zealand, a country of 5 million people in the South Pacific, has witnessed a shifting tech startup landscape over the last couple of years. While some major global companies like Xero, Rocket Lab, LanzaTech and Seequent have shined a spotlight on New Zealand’s startup scene, the country h

Record number of unicorns and IPOs: Indian startups raised $39B in 2021

In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. They exchanged notes, and on April 1, penned a joint open letter to the local startup ecosystem, advising firms to “prepare for

Voyant raises $15M to scale production of its tiny, inexpensive lidar tech

The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values. As long as lidars are sandwich-sized devices that cost thousands, they won’t be ubiquitous — so Voyant has raised some cash to bring its smaller, cheaper, mor

Not every creator economy startup is built for creators

Ten years ago, if you were a scrappy kid somehow making a living off of YouTube ad revenue and brand deals, you were probably told you didn’t have a real job. Now, if monetizing your creative output is how you pay your rent, you’re part of the creator economy, a buzzy new industry. An o

African tech took center stage in 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent's best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. With high-profile visits from the most