Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says […]
View More Lidar startup Ouster raises $60 million in production run-upCategory: silicon valley bank
Lidar startup Ouster raises $60 million in production run-up
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says […]
View More Lidar startup Ouster raises $60 million in production run-upOn the strength of its Mixer partnership, streaming toolkit developer Lightstream raises $8 million
Lightstream, a Chicago-based company which develops tools to augment livestreams, has raised $8 million in new funding as it looks to add monitoring, management, and monetization services to its suite of editing technologies. Last year, the company inked a partnership with Microsoft‘s live-streaming Twitch competitor, Mixer, to let streamers on the platform add professional flourishes […]
View More On the strength of its Mixer partnership, streaming toolkit developer Lightstream raises $8 millionConsolidation is coming to gaming, and Jam City raises $145 million to capitalize on it
A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase […]
View More Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on itPetal’s no-fee credit card for the credit score-less is now open to the public
Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, Andrew Ehrich, and Jake Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]
View More Petal’s no-fee credit card for the credit score-less is now open to the publicA new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation
Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s valuation to $1 billion. Redpoint Ventures, Ribbit Capital and Scale Venture Partners all participated as follow-on investors in this latest round. The car […]
View More A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuationWhile tech waffles on going public, biotech IPOs boom
With our fixation on all things tech, we’re missing out on the big picture — there are actually more biotech and healthcare startup IPOs than tech offerings.
View More While tech waffles on going public, biotech IPOs boomEven raises $40m to transform the working class to the savings class
The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes surviving week-to-week so challenging. One in five Americans have a negative net wealth, even in an economy where the unemployment […]
View More Even raises $40m to transform the working class to the savings classSouthern California needs to find its hub for it to develop its own tech ecosystem
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position. Through interviews with […]
View More Southern California needs to find its hub for it to develop its own tech ecosystem