Microsoft acquires Ally.io, OKR startup that raised $76 million

Microsoft announced today that it has acquired Ally.io, a software service that helps companies measure their progress against OKRs (objectives and key results), a common way that management measures both individual and company progress. The two firms did not share the purchase price. Microsoft plans to incorporate Ally into its Viva family of employee experience […]

Welcome debuts a smarter city guide app on iOS, backed by $3.5M led by Accel

When you’re exploring a city — whether one you’re visiting on your travels or your own — there are a number of tools that can help you find out where to go, what to see and what to do, like Google Maps, Yelp, TripAdvisor and others. But a startup called Welcome thinks that today’s set […]

Twitter invests in avatar startup Facemoji

Avatar startups have come and gone over the past few years, but the future that many of the entrepreneurs behind them originally imagined has proven more or less accurate. Apple is increasingly interested in avatar representations through Memoji, Mark Zuckerberg wants Facebook to be a metaverse company and platforms like Roblox, where users enter a […]

Mark Cuban-backed Otto raises $4.5M to turn car equity into credit

Otto, a fintech startup which aims to allow people to tap into their vehicle’s equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially let people borrow against their vehicles at the same interest rate as standard credit cards. […]

Medley, the coaching platform for personal and professional development, gets $3.7M led by A16Z

Medley, the group coaching platform that focuses on both personal and professional development, announced the close of a $3.7 million seed round led by A16Z today Connie Chan and Anne Lee Skates of Andreesen Horowitz led the round, with participation from Aglaé Ventures, Foundation Capital, Ciara Wilson, Jen Rubio, Dara Treseder (Peloton). and Sanyin Siang […]