Deep-learning startup Clarifai gets $10M to make business hires, add features

Clarifai, a startup providing a cloud service for image recognition powered by artificial intelligence, is announcing today that it’s taken on $10 million in new funding. The startup will be bringing on more engineers in order to broaden its feature set, but it will also make its first business hires with the new money, Matthew Zeiler, Clarifai’s founder and chief executive, told VentureBeat in an… » Read More

Driving Display Startup Navdy Raises $20M to Start Commercial Production

Seeking to end the dangerous juggle many smartphone-wielding drivers do when navigating, reading email, texting and calling contacts, Navdy Inc. created a gadget that projects information from smartphones onto car windshields. The startup, which quickly gained traction last year from investors and early adopters preordering its $299 gadget, has now closed a $20 million funding round. The infusion will be used to hire more engineers… » Read More

AUGUST RAISES $38 MILLION IN SERIES B FUNDING LED BY BESSEMER VENTURE PARTNERS

AUGUST RAISES $38 MILLION IN SERIES B FUNDING LED BY BESSEMER VENTURE PARTNERS Investment to Fuel Creation of New Products that Define Home Access San Francisco, CA—March 25, 2015—August, the technology company that brings a new level of control, security and trust to the home, today announced that it has raised $38 million in Series B funding led by Bessemer Venture Partners, with participation from… » Read More

21 Raises More Than $110M to Bring Bitcoin to the Masses

SAN FRANCISCO, CA, March 10, 2015 – 21 (21.co), a Bitcoin technology company, announced today that it has raised more than $110 million in multiple rounds, making it the most heavily funded company in the explosive digital currency industry. The company, founded in mid-2013 and formerly known as 21E6, has been quietly building the hardware and software infrastructure for Bitcoin, and will be using the… » Read More

3DR Raises $50M in Series C Funding, Extending Smartphone Revolution to Drones

We’re thrilled to announce that we’ve secured a third round of venture financing, a $50 million dollar Series C injection spearheaded by Qualcomm, global leader in 3G and next-generation mobile technologies. We raised such a big round for two reasons. First, to leverage the extraordinary pace of innovation in the smartphone industry by partnering with the leader there, Qualcomm, with the goal of extending the mobile… » Read More