Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…
The Series E funding round was led by European private equity firm Vitruvian Partners LLP. So far the company has raised $229 million. Darktrace, a cyber-security firm stated, it has raised $50 million in its latest funding round that was led by Vitruvian Partners LLP, an European private equity firm, and saw the startup being…
The move is likely to impact the revenues of brick-and-mortar supermarket stores. Bloomberg has reported citing 3 sources familiar with the matter at hand as saying, Amazon.com Inc is mulling a plan to open as many as three thousand Amazon Go cashierless stores in the country in the coming years. With the news reaching the…
With Israel being home to one of the biggest tech sectors in the world, the carrier is strategically re-branding itself and expanding its footprint in North America. On Wednesday, Israeli Airlines El Al Israel Airlines Ltd stated it will commence nonstop flights between Tel Aviv and San Francisco as it continues to expand its footprint…
As per the latest valuation, Slack has been valued at a little over $5 billion. Sources familiar with the matter have disclosed, San Francisco-based Slack Technologies Inc is raising $250 million in a new funding round which will boost its valuation. Silicon Valley startups are enjoying a surge in venture capital investments. Slack Technologies,…
Through Waze and Waymo, Alphabet’s strategy of positioning itself as a key player in the transportation industry becomes clear. In what is seen as the largest ever rollout of Alphabet-owned Waze, starting from next week, the navigation app will expand its carpool service throughout California, including the key car hub of Los Angeles. The ride…
There is a significant rise from its last funding round which had valued the company at $5.5 billion. In a major milestone for Lyft Inc, in the latest funding round of the ride services company, it has mopped up at least $500 million thus bringing about its valuation to $7.5 billion, said a source close…
While the Democrats and the Republicans slug it out on the merits and demerits of the project, time is running out since contracts for the project have already been signed. Delays will attract penalties which could make the project void ab initio. 14 lawmakers from the California GOP have sent a letter to the newly-installed Transportation Secretary,…
Motorola Moto Z’s modular design holds the potential to be the next smart thing for the mobile platform. A widespread acceptance could hammer down mod prices. Motorola’s Moto Z was the tool of choice for the company’s latest hackathon in San Francisco. Nerds and geeky entrepreneurs swooped down on the event to take a crack…
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