Author: Daniel Harrison

mobikwik 100m 3.5msinghtechcrunch Fintech SaaS startup Capitolis raises a16z-led $90M Series C, says run rate increased sixfold in 2020, and plans to expand headcount from 90 to 150 this year  —  Capitolis, which makes technology for capital markets players such as investment and merchant banks, has closed … Source Keep visiting mangamelon.ca for the latest news and updates.

beats yoydignanzdnet 16.7b yoy personal systems Amazon is readying a high fidelity music streaming service that’s expected to launch before the end of 2019, will likely cost $15 per month  —  Here comes Amazon.  —  Less than a week after the online giant launched its first fully free music streaming service … Source Keep visiting mangamelon.ca for the latest news and updates.

samsung q4 11.6b 63.8b yoy 8.9b Samsung reports Q4 operating profit of ~$11.6B, up 53% YoY, on revenue of ~$63.8B, up 24% YoY, but misses with ~$8.9B net income, below the ~$9.2B expected  —  Samsung Electronics Co. is stepping up spending on advanced chipmaking technology as it sees growing demand for its smartphones, displays and memory products. Source Keep visiting mangamelon.ca for the latest news and updates.

saudi arabiabased foodics pos series 28malbrecht Saudi Arabia-based Foodics, which offers restaurant management software including a cloud POS system, raises $20M Series B, bringing its total raised to $28M  —  FOODICS, which makes restaurant management software, announced today that it has raised a $20 million Series B round of funding. Source Keep visiting mangamelon.ca for the latest news and updates.

tel avivbased pecan ai series Tel Aviv-based Pecan AI, which offers a predictive analytics service for enterprises, raises a $66M Series C, bringing its total funding to $117.5M  —  “Big data analytics” is perhaps the currency of the pandemic.  The term describes the process of uncovering trends, patterns … Source Keep visiting mangamelon.ca for the latest news and updates.

disney q3 116m 114.5m espn yoy Reddit says it is rolling out a TikTok-like video feed on its iOS app  —  From Instagram’s Reels to Snapchat’s Spotlight, most social media platforms are looking toward the TikTok boom for inspiration.  Now, even Reddit, a discussion-based forum, is making short-form video more pronounced on its iOS app. Source Keep visiting mangamelon.ca for the latest news and updates.

brisbanebased simpro clockshark aroflowiggersventurebeat Brisbane-based Simpro, which offers work management tools for employees in the field, raises $350M and acquires productivity tools ClockShark and AroFlo  —  Field service management, which refers to the management of jobs performed in the field (e.g., telecom equipment repair), faces continued challenges brought on by the pandemic. Source Keep visiting mangamelon.ca for the latest news and updates.

stream 38m serieslundentechcrunch Miami-based Novo, a neobank for SMBs, raises a $90M Series B led by Stripes at a $700M valuation  —  Novo, the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of funding to take the next step in growing its platform. Source Keep visiting mangamelon.ca for the latest news and updates.

indianmade 1m raibloomberg Intel details Bleep, which uses AI to redact audio when it detects “hate speech” and lets users toggle how much they want to hear  —  Intel gave a presentation at GDC a few weeks back, but I’m guessing nobody actually watched it because it took until this week for anyone to notice … Source Keep visiting mangamelon.ca for the latest news and updates.

shiphero 50m riverwood 225mpaul hampsteadfreightwaves Microsoft admits it signed a malicious driver called “Netfilter” targeting gaming environments; the rootkit malware was observed communicating with Chinese IPs  —  Microsoft has now confirmed signing a malicious driver being distributed within gaming environments. Source Keep visiting mangamelon.ca for the latest news and updates.