YouTube acquires Indian social commerce startup Simsim

YouTube has acquired social commerce startup Simsim, the Google-owned firm said on Tuesday. Neither of the firms disclosed the terms of the deal, but two people with knowledge of the matter told technewss the Indian startup was valued at more than $70 million. Two-year-old Simsim had raised about

Bielefeld survey highlights an emerging B2B, crypto, deep tech ecosystem

Welcome to the city survey of Bielefeld, Germany, part of our ongoing survey into European cities. If you’d like your city featured, just fill in this form and add your city name. Once we have enough entries from a city, we will put your city on technewss! According to local media reports, B

Duolingo's IPO could cast golden halo on edtech startups

Edtech giant Duolingo set an initial price range for its impending IPO today. The unicorn expects to price in its public debut at $85 to $95 per share, selling 3,700,000 in the deal. Another 1,406,113 shares are being sold by existing shareholders, and 765,916 shares are being offered to underwriti

Founders: How well do you really understand seed-stage financing?

I’ve fundraised a lot. Tactically, fundraising is a skill like any other. You get better the more you do it. But practicing gets you nowhere if you don’t have a strong foundation in understanding a fundraising round’s core components. As a founder, you will understand less than in

Dapper Labs CEO Roham Gharegozlou is coming to Disrupt

If you spent any time this year desperately trying to figure out what the heck NFTs are, you probably have Dapper Labs CEO Roham Gharegozlou to thank for that. His startup’s crypto trading card marketplace NBA Top Shot went viral earlier this year with users dropping hundreds of millions of d

The Zoom-Five9 deal is a big bet for the video conferencing company

Zoom, a well-known video conferencing company, will buy Five9, a company that sells software allowing users to reach customers across platforms and record notes on their interactions. As technewss noted this morning, the deal is merely “Zoom's latest attempt to expand its offerings,̶

Meet the startups competing in the Extreme Tech Challenge Global Finals on July 22

There's not much that thrills us more than a startup competition — and we mean deep down in our bones thrilled. That's why we're beyond excited to host the Extreme Tech Challenge (XTC) Global Finals on July 22 starting at 9:00 a.m. (PT). This event is virtual and free to attend — bu

AngelList Venture’s Avlok Kohli on rolling funds and the busy state of VC

Few companies have deeper insights into the day-by-day state of venture capital than AngelList. According to the company’s data, over 51% of the “top tier U.S. VC deals” involve their platform and tools, giving them a remarkably expansive view of everything going on. AngelList Ven

Recapped lands $6 million for collaborative sales software that gets the customer in the mix

Recapped, a startup building collaborative sales software, announced the close of a $6.3 million seed round today. The deal was led by CRV. Entrepreneurs Roundtable Accelerator, CoFound, AirAngels, Prime Set, Twenty5Twenty, Peter Kazanjy, Alan Chung and other angels also participated in the round.

Kdan Mobile gets $16M Series B for its cloud-based content and productivity tools

"attachment_2178481" aria-describedby="" style="width: 1024px">Kdan Mobile founder and CEO Kenny Su. Image Credits: Kdan Mobile Kdan Mobile, a company that provides a wide range of cloud-based software, including AI-based tech for organizing documents, has raised a $16 million Series B. The round wa

Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform

Online learning continues to see a huge boost of attention and use in the wake of the COVID-19 pandemic, and today a startup building tools specifically for enterprises to deliver on their internal education remits is announcing a big round of funding that points to the startup’s own growth a

Carlyle to acquire live broadcasting and streaming tech outfit LiveU for over $400M, say sources

Streaming is the name of the content game these days, and now one of the companies that builds tech to do this from anywhere in the world is getting acquired. LiveU — whose satellite/cellular hardware and software for capturing and delivering livestreaming and broadcasting video is used by mo

Nigerian investment platform Chaka secures $1.5M pre-seed after bagging country’s first SEC license

When Robinhood raised its $3 million seed round in 2013, it was a couple of months old, with huge ambitions of democratizing securities access to the underserved and unserved. Robinhood has since taken the world by storm and grown to serve more than 30 million users with its zero-commission trading

Blackstone acquires majority stake in Simplilearn for $250 million

Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million. Simplilearn operates an eponymous online bootcamp to help people learn data science, AI, machine learning, cloud computing and other skills that are in demand in the ma