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Forest raises $3.7 million for its administration interface to rule them all

16 January, by Romain Dillet[ —]
 French startup Forest just raised a $3.7 million seed round (€3 million) from Connect Ventures and Xavier Niel, with Taavet Hinrikus also participating. Pietro Bezza and Jean de La Rochebrochard are joining the board of the company. The startup first started in the eFounders startup studio. I already wrote about the startup back in May. The vision hasn’t changed at all. Forest still… Read More

Delivery logistics platform Bringg raises $12M from strategic investors, including Salesforce Ventures

16 January, by Sarah Perez[ —]
 Delivery logistics platform Bringg announced today it has raised another $12 million in Series B funding, bringing the total round to $22 million. The round, which follows the initial Series B from last spring includes new, strategic investment from automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. Previously, Bringg had raised $10… Read More

Google Cloud infrastructure expansion to continue with three new undersea cables

16 January, by Ron Miller[ —]
 Diane Greene, who heads up Google’s cloud unit, often marvels at how much her company invests in Google Cloud infrastructure. It’s with good reason. Over the past three years since Greene came on board, the company has spent a whopping $30 billion beefing up the infrastructure. Today it announced three new undersea cables scheduled to go online next year. In a blog post penned by… Read More

Bloated Facebook Messenger promises to simplify in 2018

16 January, by Josh Constine[ —]
 “The app became too cluttered,” Facebook’s head of Messenger David Marcus announced today in a post of plans for 2018 including “massively simplifying and streamlining Messenger this year.” Between Messenger Day/Stories, its Snapchatty augmented reality camera, a bot Discover section, games, and more, Facebook had to build artificial intelligence “M… Read More

Ripple turns investor as execs lead $25M round for storage and rental startup Omni

16 January, by Jon Russell[ —]
 Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn’t quite imagine that happening as quickly as mid-January, but here we are. Ripple, the fintech startup behind the controversial XRP token, has its first investment after it backed U.S.-based storage startup Omni through a $25 million round. Omni was founded in 2015 as a storage option for… Read More

Instacart acquires Toronto-based Unata

16 January, by Jordan Crook[ —]
 Instacart has today announced the acquisition of Unata, a Toronto-based company that offers a platform for both grocers and consumers to interact digitally. The terms of the deal were not disclosed. Unata’s product, unlike Instacart’s, is a white-label grocery platform, letting grocers anywhere create apps and websites for consumers to order products, complete with coupons,… Read More

Comcast partners with AWS as it struggles to fight cord-cutting disruption

16 January, by Ron Miller[ —]
 Cloud providers love to brag about their customer wins and Amazon got a big one today when it announced that Comcast had chosen AWS as its preferred cloud provider. What does that mean exactly? Presumably Comcast is going to put the majority of its cloud workloads on AWS. In a time when Comcast is fighting the cable cutting trend, being able to produce cloud services and apps that differentiate… Read More

Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes

16 January, by Megan Rose Dickey[ —]
 Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. “At Menlo Ventures, our investment team supports entrepreneurs who are on a mission to change the world—including, how consumers move through it,” Menlo Ventures Managing Director Shawn… Read More

Lyft says nearly 250K of its passengers ditched a personal car in 2017

16 January, by Darrell Etherington[ —]
 Lyft has a new report out detailing its ‘economic impact’ for 2017, and the document includes a lot of stats on its performance throughout the year. The ride-hailing provider claims 375.5 million rides for the year, which is 130 percent growth measured year-over-year. It served 23 million different passengers, itself a 92 percent YoY increase, and had 1.4 million drivers on the… Read More

Google and Coursera launch program to train more IT support specialists

16 January, by Ingrid Lunden[ —]
 After a big fundraise and subsequent reorganization last year at Coursera — which saw a change of CEO, as well as the departure of its COO, CFO, CMO and CPO (along with some 40 others) — the online education startup is today launching a new IT course with Google to underscore its message that the ship is still sailing as it passes 30 million users and 2,500 courses. Today, the… Read More

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