Tag: Startup

Digital fraud detection company BioCatch has a new majority shareholder: U.K-based private equity firm, Permira, is acquiring shares in the company “primarily” from existing investors including Bain Capital, Maverick Ventures, and Tech Opportunities, in a secondary market transaction that values BioCatch at $1.3 billion. Existing shareholders Sapphire Ventures and Macquarie Capital are also increasing their…

The logistics industry in Nigeria, like any informal sector, struggles with poor infrastructure and other inefficiencies, making it difficult for businesses — both large and small — to move and store goods. Many startups have tackled middle-mile and last-mile delivery challenges, but one untapped area is providing an end-to-end fulfillment solution. Renda, a three-year-old startup,…

The Federal Trade Commission hit Razer with a $1.1 million fine Tuesday. The order claims that the gaming accessory maker misled consumers by claiming that its flashy Zephyr mask was certified as N95-grade. “These businesses falsely claimed, in the midst of a global pandemic, that their face mask was the equivalent of an N95 certified…

Midwest venture capital firms might always play catch-up to the coasts, but that’s not stopping some firms from pulling in nice-sized funds to support startups in their local ecosystems and overall region. Despite being so-called “fly-over cities” according to investors focused on the coasts, the money continues to flow into this region. For example, Michigan’s…

Stocks are set for a weak start to May ahead of today’s Fed rate decision later in the session…

Gone are the days of dealing with damp towels and musty odors…

Appointment scheduling service Calendly has redesigned its browser extension in a bid to improve its schedule management features and make scheduling faster. The new extension, available for Chrome, Edge, Firefox and Outlook, has a ‘Meetings’ tab that houses your meetings and lets you join, cancel, or reschedule them. However, it only shows meetings booked through…

In 2017, Jyoti Bansal co-founded San Francisco-based security company Traceable alongside Sanjay Nagaraj, a former investor. With Traceable, Bansal — who previously co-launched app performance management startup AppDynamics, acquired by Cisco in 2017 — sought to build a platform to protect customers’ APIs from cyberattacks. Attacks on APIs — the sets of protocols that establish…

Stocks are on pace for their first monthly decline in six thanks in part to a big change in forecasts for Federal Reserve interest-rate cuts…

Over 7,000 have already sold recently…