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Marketing email company SendGrid had a decent first day on the New York Stock Exchange on Wednesday. After pricing shares at $16, the company closed at $18.03, or up almost 13%. The Denver-based company had raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to $15.50. SendGrid also upsized its IPO, selling 8.2 million
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French startup Drivy is expanding to another European country. This time, the company is launching in the U.K. For now, the service is mostly live in London and it’s slowly going to expand across the U.K. throughout 2018. The company has been somewhat careful when it comes to international rollout, with only six European countries in seven
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On-demand platform Postmates is launching in Mexico City, its first international market, today with more than 1,000 merchant partners and couriers on board. That means people who live in areas like Polanco, Condesa, Juárez, Cuauhtémoc, Roma, Jardines Del Pedregal, Lomas de Tecamachalco and Ciudad Universitaria will be able to access on-demand delivery via Postmates. “We believe
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Forward, the San Francisco-based startup that’s looking to refashion healthcare services in Apple’s image, is expanding with its first location in Los Angeles. Weaving together a number of Silicon Valley’s favorite healthcare trends, the company’s services combine proprietary, purpose-built medical devices with algorithmically enabled diagnostic tools, and the latest in gene, bacteria and blood tests
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Some of the biggest names in technology are all in on voice-controlled devices like the Amazon Echo and Google Home, but Roxy, a Seattle-based startup believes that businesses need a voice system where they control the data and the voice commands are designed for their specific requirements. They announced $2.2 million in seed funding today.
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Once upon a time there were two compliance companies. Smarsh was owned by Los Angeles-based private equity firm, K1 Investment Management. It worked with mostly SMBs. Another called Actiance worked with larger companies like the world’s biggest banks. This is the story of how K1 is bringing these two companies together. Both companies are focused on
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Amazon has finally brought its line of Alexa-powered Echo speakers to Canada. The release of Echo hardware has been long awaited by America’s northern neighbor, which could only watch and wait as Echo went through two generations in the U.S. Echo Dot, the second generation Echo and the Echo Plus with integrated smart home hub
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Two companies are better than one: Perkbox, the U.K. startup that helps companies engage and reward employees and customers, has acquired London-based Loyalty Bay, which offers a SaaS platform for the automated delivery of digital rewards. Terms of the deal remain undisclosed, though I understand it was cash and Loyalty Bay’s backers have exited. The
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Logistics transportation company Lori Systems won best of show at TechCrunch’s Startup Battlefield Africa after gaining majority votes of the event’s 15 judges. The Kenyan-based venture pitched its platform to optimize all points of the cargo delivery supply chain ― from the trucks, to the suppliers, to invoicing and costs. Co-founded by South African Josh
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While the UK continues to try to find solid ground to begin its contentious Brexit negotiations, the government has launched several initiatives to try to shore up support to (and from) the country’s technology industry. Prime Minister Theresa May and Chancellor Philip Hammond today announced that the UK would double the number of visas issued
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Poshmark, the app for fashion consignment, has raised another $87.5 million in funding led by Singapore-based Temasek. Menlo Ventures, GGV Capital, Mayfield and others also participated. Having raised $160 million to date, the startup is well-capitalized and plans to use the money to build out its stylist-matching technology. Poshmark is launching voice integration with Amazon’s