Enterprise

Flytrex, the Israeli startup working with Walmart, Chilli’s, and others in North Carolina in pilots for a drone-based delivery service targeting suburban consumers, has picked up $40 million in funding to continue developing its hardware and software, and more business partnerships, as it awaits regulatory nods to expand its service to more markets in the
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Ashish Kakran Contributor Ashish Kakran, principal at Thomvest Ventures, is a product manager/engineer turned investor who enjoys supporting founders with a balance of technical know-how, customer insights, empathy with challenges and market knowledge. In the early 2000s, most business-critical software was hosted on privately run data centers. But with time, enterprises overcame their skepticism and
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Mom-and-pop corner store owners in Latin America manage relationships with over 100 different suppliers, on average, often traveling long distances to pick up inventory, so they aren’t able to regularly restock. Most of these relationships are largely managed manually and on paper, but Chiper developed an e-commerce ecosystem for corner stores that is shifting that
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E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses the opportunity to provide cross-border financial services — has been seeing a massive surge of activity. To capitalize further on that opportunity, today the company is
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Google Cloud announced a multiyear partnership with Cohere, an early-stage startup that is building a natural language processing platform to make it easier for developers to build natural language processing models into applications. The solution requires a fair amount of infrastructure resources to pull off, and Google Cloud Platform (GCP) is going to provide them
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Slack has always differentiated itself as a communications tool by its ability to run applications inside of Slack and avoid dreaded context switching. At the Frontiers Conference today, the company is announcing a twist on app integrations with new building blocks — components that developers can build and string together into pre-packaged kinds of workflows.
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Luxury Presence, a startup selling marketing software to real estate brokerages, announced today it has raised $25.9 million for its Series B round. Bessemer Venture Partners led the round alongside fellow existing investors Toba Capital and Switch Ventures. Dallas Mavericks basketball player Dirk Nowitzki also participated in the round along with other angel investors, making
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Monograph, a startup providing a cloud-based platform for architecture and design professionals to manage their projects, announced today that it has raised $20 million in its Series B funding round. New investor Tiger Global led the round, with participation from Tishman Speyer and existing investors Index Ventures and Homebrew Ventures. The round brings Monograph’s total
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The last 20 months of living in the midst of Covid-19, with all its unexpected developments, have been a challenge for many organizations when it comes to planning for the future. But that has also presented an opportunity for tech: build tools to make planning and forecasting, even in the midst of a pandemic, easier
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Back when most commerce took place on the local high street, shoppers who exchanged personally identifiable information with merchants received something in return. Shops kept track of customers’ hat, shoe and dress sizes, along with their birthdays, anniversaries and personal preferences. In return, buyers got a first look at new products and service that anticipated
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Berlin-based Hive announced $34 million in new investment Wednesday as it continues developing its technology that provides direct-to-consumer brands an alternative way to manage operations. The company was founded by Oskar Ziegler, Franz Purucker and Leo von Kleist in July 2020 to offer software and operational services, including transparent cost structures, special features and sustainable
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Smart building technology company Brivo reached an agreement to go public via special purpose acquisition with Crown PropTech Acquisitions. The SPAC deal values Brivo at $808 million. Once the merger closes in early 2022, the combined company will operate as Brivo and is expected to be listed on the New York Stock Exchange under the
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On-demand delivery giant DoorDash announced Tuesday it was acquiring food delivery company Wolt in an all-stock deal valued at €7 billion, or $8.1 billion. Talking about the acquisition, Tony Xu, co-founder and CEO of DoorDash said in a statement that the move “will accelerate our product development, bring greater focus to each of our markets
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Joao Correia Contributor Joao Correia has a long background in IT system administration, where he learned the intricacies of keeping enterprise stakeholders happy and systems protected. Nobody likes it when Big Tech changes its mind. It’s particularly frustrating when it involves a major course change on something so essential to technology infrastructure as a server
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