IBM acquires Italy’s myInvenio to integrate process mining directly into its suite of automation tools

Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger rol

SoftBank in talks to invest up to $500 million in Swiggy

SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told technewss. The new investment values the Indian startup at about $5.5 billion, the sources said. The new investment would add to

Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed round

"attachment_2138944" aria-describedby="" style="width: 1024px">Plentina co-founders Kevin Gabayan and Earl Valencia. Image Credits: Plentina E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of less than 10%. Fintech startup Plentina

Cloud kitchen startup JustKitchen to go public on the TSX Venture Exchange

JustKitchen, a cloud kitchen startup, will start trading on the Toronto Stock Exchange (TSX) Venture Exchange on Thursday morning. It is doing a direct listing of its common shares, having already raised $8 million at a $30 million valuation. The company says this makes it one of the first — if n

Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M

A startup out of Berlin that’s built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing some funding today to continue expanding its business. Lingoda, which connects students who want to learn a language — currently

Atrium, which help sales managers more easily see who is (or isn’t) crushing it, just raised $13.5 million

There’s no shortage of data-driven sales management tools in the market. Naturally, Atrium, a five-year-old, San Francisco-based company co-founded by serial entrepreneur Pete Kazanjy, says it does a far better job of empowering sales managers to improve their team’s performance. How? B

Daily Crunch: Coinbase goes public

Coinbase makes an impressive public debut, Dell spins out VMware and Ford announces a new hands-free driving system. This is your Daily Crunch for April 14, 2021. The big story: Coinbase goes public Cryptocurrency exchange Coinbase went public today via direct listing at an opening

Creator monetization and CRM startup Pico raises $6.5M

Pico, a New York startup that helps online creators and media companies make money and manage their customer data, announced today that it has launched an upgraded platform and raised $6.5 million in new funding. In a statement, the startup’s co-founder and CEO Nick Chen said Pico helps creat

How to pivot your startup, save cash and maintain trust with investors and customers

A few years ago, founder Sean Lane thought he’d achieved product-market fit. Speaking to attendees at technewss’s Early Stage virtual event, Lane said Queue, a secure digital check-in tablet for hospital waiting rooms that reduced wait times by uniting and correcting electronic medical

Alexa von Tobel outlines how founders should manage personal finances

Few people are more knowledgable on the topic of how founders should manage their finances than Alexa von Tobel. She is a certified financial planner, started her own company in the midst of the recession (which happened to be a wildly successful personal finance startup that sold for hundreds of m

Coinbase opens at $381 per share, valuing the crypto exchange at nearly $100B

Today shares of Coinbase began to trade after the company executed a direct listing. From a reference price of $250, Coinbase shares opened at $381 today, a change of around 52%. At its open Coinbase was valued at $99.6 billion on a fully diluted basis. As of the time of writing Coinbase has apprec

Triller owner gets a new CEO with acquisition of Amplify.AI; also acquires livestreaming service FITE TV

Would be TikTok competitor Triller, operated by parent company TrillerNet, is gaining a new CEO, the company announced today. The short-form video app said it’s acquiring an A.I.-based customer engagement platform, Amplify.AI, whose co-founder Mahi de Silva will now become TrillerNet’s

How Pilot charted a course of not raising too much money

A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company's valuation to $1.2 billion. Bezos Expeditions — Amazon founder Jeff Bezos' personal investment fund — and Whale Rock Capital joined the round, adding $40 million to a $60 million rai

Amira Learning raises $11M to put its AI-powered literacy tutor in post-COVID classrooms

School closures due to the pandemic have interrupted the learning processes of millions of kids, and without individual attention from teachers, reading skills in particular are taking a hit. Amira Learning aims to address this with an app that reads along with students, intelligently correcting er