For more than a year, Zoom’s mission has been to transform itself from an application into a platform. To that end, there were three announcements last year: Zoom Apps Development Tools, the Zoom Apps Marketplace, and a $ 100 million development fund to invest in some of the more promising startups building tools on their … Read more
Lexion CEO Gaurav Oberoi. (Lexion photo) Lexion is on the move. The Seattle-based startup that helps legal teams use AI to search contracts has quadrupled revenue and gained 50 customers in the past four months, including brands like Outreach, Blue Nile, OfferUp, and others. Now the company is raising more money to accelerate growth and … Read more
GM has increased the money it allocates for its combined EV and autonomous driving investments from 2020 to 2025 to $ 35 billion. The largest automaker in the United States originally planned to invest $ 20 billion in the venture, but decided to grow it to $ 27 billion late last year. Now, as CNBC … Read more
The COVID-19 pandemic has created many problems around the world, and supply chains are no exception. There are a number of applications that aim to solve workflow challenges across the supply chain. However, real-time access to information from transport companies has so far been difficult for shippers and logistics companies. Enter Project44. The 7-year-old Chicago-based … Read more
Investors are backing Koo, an Indian alternative to Twitter, with extensive checks at a time when tensions are building between the American social network and New Delhi. The Indian startup announced on Wednesday that it had raised $ 30 million in a funding round led by Tiger Global Management. Mirae Asset, IIFL’s venture capital fund, … Read more
The Seattle mobile remittance startup has received Remitly an undisclosed equity stake from Visa. The companies already entered into a partnership in 2019 and extended this partnership. Visa cited the deal in its call for profits last month. The investment comes as Remitly is reportedly preparing to go public. Total funding for the 10-year-old company … Read more
Lime announced Monday that $ 50 million had been allocated to operate bicycle parts. This investment was used to develop a new e-bike and will fund expansion this year to an additional 25 cities in North America, Europe as well as Australia and New Zealand. If the company achieves its goal, Lime’s bike share service … Read more
Iterative CEO Patrick Thompson. (Iterative photo) The Seattle startup iteratively raised a $ 5.4 million round led by Gradient Ventures, Google’s AI-focused venture fund. Founded in 2019 by veterans of Atlassian and Microsoft, the company iteratively sells software to data and product teams to track customer analytics. The idea is to avoid data quality problems … Read more