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Immersive Labs, a cybersecurity skills platform, has raised $40 million in its Series B, the company’s second round of funding this year following an $8 million Series A in January. Summit Partners led the fundraise with Goldman Sachs participating, the Bristol, U.K.-based company confirmed. Immersive, led by former GCHQ cybersecurity instructor James Hadley, helps corporate
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GoCardless, the London fintech that makes it easy for businesses to offer recurring bank payments, has partnered with TransferWise for its currency exchange. The move sees GoCardless utilise the TransferWise API and the money transfer company’s “TransferWise for Business” product and in turn provide TransferWise’s FX rates to its own customers. More broadly, the partnership
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FirstVet, the Swedish startup which provides pet owners with on-demand video consultations with local, qualified veterinarians, has closed €18.5 million in Series B funding. The round is led by London-based Omers Ventures, the venture capital arm of Canadian pension fund Omers that recently launched a dedicated €300 million fund to invest in European tech startups.
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Though the social media landscape is dominated by a few major players, consumers still seem to want something new and different. Just look at TikTok. Today, a new social app is launching called Friended, which is taking an altogether different strategy when it comes to connecting people online. Friended was started by Thumb cofounder and
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Economist Thomas Philippon’s new book, “The Great Reversal: How America Gave Up on Free Markets,” went on sale this past week, highlighting the United States’ failure to block the country’s largest companies from inhibiting fair competition. Alongside my review of the book, I spoke with Philippon to dig deeper into why entrepreneurs and venture investors
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Xiaomi, which competes with Apple for the top position in the wearable market, today made the competition a little more interesting. The Chinese electronics giant has launched its first smartwatch called the Mi Watch that looks strikingly similar to the Apple Watch in its home market. The Mi Watch, like the Apple Watch, has a
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Over the past several years, ‘fintech’ has quietly become the unsung darling of venture. A rapidly swelling pool of new startups is taking aim at the large incumbent institutions, complex processes and outdated unfriendly interfaces that mar billion dollar financial services verticals, such as insurtech, consumer lending, personal finance, or otherwise.   In just the past
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Microsoft’s original Xbox Elite controller was a major step-up for gamers, with customizable buttons, changeable physical controls and adjustable sensitivity for serious personalization. The new Xbox Elite Controller Series 2 has just landed, and it offers similar features, but with new and improved features that add even more customization options, along with key hardware improvements
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The FCC has given its stamp of approval to T-Mobile and Sprint’s proposed merger, saying the deal will “enhance competition” and hasten 5G deployment. Those opposed say the merger defies common sense, creating a triumvirate of mobile giants that will “divide up the market, increase prices, and compete only for the most lucrative customers.” The
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Over the past two years, as technology companies continued to struggle with diversifying their work forces, Los Angeles-based venture capitalist Kobie Fuller wrestled with how to solve the problem. As a black professional himself, Fuller had experienced the frustrations and isolation that can sometimes come with being the only person in the room who looked
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Seismic is announcing that it’s acquiring Percolate in a deal that it says is combining “two essential pillars of the marketing technology stack.” It sounds like the two companies aren’t direct competitors, but they offer related tools: Seismic helps companies create and manage the content they use in sales and marketing, while Percolate expanded from
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A UK drone registration scheme has opened ahead of the deadline for owners to register their devices coming into force at the end of this month. The UK government announced its intention to introduce a drone registration scheme two years ago. The rules apply to drones or model aircraft weighting between 250g and 20kg. Owners
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Deutsche Telekom is perhaps best known around the world as the telco behind mobile carrier T-Mobile, but today it’s making an appearance in a lesser-known yet also regular role: trademark troll. The company’s German lawyers have sent a letter to Lemonade, the AI-based insurance startup headquartered in New York, demanding it cease using magenta —
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