On the heels of its rebrand in November, mobility service STRATIM has sold itself to KAR Auction Services, a car remarketing company. Terms of the deal were not disclosed. STRATIM, formerly known as on-demand valet and car services startup ZIRX, powers fleet management for more than 50 companies, including BMW (DriveNow), General Motors (Maven), Ford (Chariot) and Toyota, to power their… Read More
from TechCrunch
Protecting critical infrastructure like power plants and other industrial plants is just as important as it’s challenging. It’s one thing to take over a remote machine to mine some Bitcoin, but you’ve got a totally different problem when those hackers try to manipulate the physical infrastructure of your power plant with the goal of causing an explosion. With their thousands… Read More
from TechCrunch
SoftBank made waves when its gigantic Vision Fund hit a massive $93 billion first close of a targeted $100 billion total last year, but already it is clear why the firm is reportedly planning a sequel. According to the Japanese firm’s latest financials, it has already deployed one-third of the capital. A large chunk of the investments went on ride-hailing. SoftBank completed a $7.7… Read More
from TechCrunch
Roc Nation, the full-service entertainment management company created by the music impresario Shawn Carter (better known as JAY-Z), is making an investment in financial trading platform Robinhood. The investment, through Roc Nation’s Arrive subsidiary, is the latest instance of a celebrity rapper plowing cash into Robinhood’s free-to-trade investment platform. Read More
from TechCrunch
The European Commission has announced a review of Apple’s acquisition of music discovery service Shazam — agreeing to a request made by several countries to weigh competition concerns. Read More
from TechCrunch
More consolidation is afoot in the busy world of backend developer tools. Today, CloudBees — the company closely associated with support and services for the open source Jenkins continuous integration and delivery engine — has announced that it will acquire CodeShip, another startup in the dev-ops space focusing on continuous integration and delivery. Terms of the deal are not… Read More
from TechCrunch
Hundred of startups have tried to kill it, but email is still alive and well. That doesn’t mean it can’t be improved upon, though. Mixmax, a startup that aims to make email more useful for businesses, today announced that it has raised a $10.35 million from Creandum’s Carl Fritjofsson and SaaStr’s Jason Lemkin. Previous investors Michael Dearing, Harrison Metal… Read More
from TechCrunch
It may seem like there are already enough on-demand fitness classes, but one startup has an idea for something a little different. Mirror is debuting an at-home device that looks like a mirror, but also lets you see the instructor and classmates for fitness routines like barre, yoga, boxing and pilates. I’m told that this is no ordinary mirror or video conferencing system, but that… Read More
from TechCrunch
Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition. The financial terms of the deal are… Read More
from TechCrunch
When Jason Chen first ended up at Salesforce through the acquisition of his last company Stypi, he had the tough task of integrating within Salesforce’s complex infrastructure — and not a lot of documentation to go on. Fortunately, Chen’s company had just been acquired and he was able to get the attention of the higher-ups and find that information, which was actually… Read More
from TechCrunch