Magic Leap has had one hell of a journey, and to their credit, it seems investors are still addicted to giving them money. The augmented reality startup announced today that they have raised $500 million at a $2 billion valuation from existing investors. The round echoes the terms of an October 2014 raise where Magic […]
In hopes of App Store changes, Paddle develops an alternative to Apple’s payments system
Paddle, a solutions provider subscription-based businesses, is betting on a future where App Store developers are able to use third-party payment systems — and it wants to be among the first to market with an alternative once such a system is permitted. The company today announced a new in-app purchasing (IAP) system aimed at iOS […]
Mark Cuban-backed live entertainment app Fireside launches to creators
Amid a deluge of new creator platforms, a startup called Fireside is launching today with what it believes will be a compelling proposition for professional creators in need of a more robust set of tools for content creation, distribution, measurement, and monetization. The service, which offers a platform for live and interactive shows, had been […]
Inkitt books $59M investment, wants to turn its data-driven, self-publishing platform into a multi-media powerhouse
Book sales during the pandemic went up, and it seems the amount we are reading did, too. Now Inkitt, the startup that operates a free, popular platform of the same name for anyone to write and publish stories — stories that Inkitt then analyses using data science to determine which of them to take to […]
One Identity has acquired OneLogin, a rival to Okta and Ping in sign-on and identity access management
More consolidation is afoot in the world of cybersecurity, specifically around services to help organizations manage identity and access. Today, One Identity — which provides tools for managing “zero trust” access to systems, as well as running log management and other governance services for enterprises — announced that it has acquired OneLogin, a rival to […]
Al Gore puts $600M into UK Green energy-tech startup Octopus Energy Group
Former Vice President Al Gore has invested $600 million of equity into UK energy startup Octopus Energy Group via his Generation Investment Management vehicle, taking a stake of approximately 13% in the business. The investment means Octopus has attained a valuation of around $4.6 billion. Octopus has made a name for itself in energy circles […]
Last day for early-bird savings on TC Sessions: SaaS 2021
All good things must come to an end, and this proverb totally applies to our early-bird price on passes to TC Sessions: SaaS 2021. Today’s the final day you can save $100 on the price of admission, folks. Join the global SaaS community to connect, inspire, network and learn how to build a stronger startup […]
PSPDFkit raises $116M, its first outside money; now nearly 1B people use apps powered by its collaboration, signing and markup tools
An under-the-radar, bootstrapped startup from Vienna, Austria — a hit with developers for technology that underpins user experience for some of the world’s most popular apps — is doubling down on momentum and announcing its first outside investment, in the form of a large growth round of funding. PSPDFkit — which provides APIs and an […]
Sinch acquires Pathwire, the company behind Mailgun and Mailjet, for $1.9B to add email into its API-based communications platform
Sinch, the Swedish company that competes with Twilio and others in the world of messaging and other communication APIs is making another big M&A play to build out its platform. It has signed a definitive deal to acquire Pathwire, the cloud-based email provider behind Mailgun, Mailjet and Email on Acid. Sinch said it would pay […]
Russian authorities arrest cybersecurity giant Group-IB’s CEO on treason charges
Russian authorities have arrested and detained Ilya Sachkov, the co-founder and chief executive of Group-IB — one of the biggest cybersecurity companies in the country — on charges of treason. Details about Sachkov’s detention remain unclear but it was reported by Russian media as authorities searched the company’s offices, reports Reuters. State news agency Tass […]