Bizzabo, an end-to-end event success platform provider, closed a $27 m Series D funding round. The company provides online tools for corporate event planning, management and marketing. Earlier this year, the use of Bizzabo software reported by publishers rose from 39 in 2016 to today 328. Founded in 2011, Bizzabo has now 120 employees in New York and Tel Aviv. Viola Growth, Next47, Pilot Growth’s, and Maor Investments participants led
The increasing trend of biometric authentication service across the globe for safety and security reason is further fueling growth of this market in the coming years. The growing use of in-display sensor monitoring in defense and military industry verticals for identifying suspicious act is driving overall growth of this market in the near future. However, in-display sensor are utilized for touch navigation process to improve the authentication and this can
Armis, an IoT device security firm secured $65m in funding. The startup attracted large cheers from investors as it recorded nearly 700 percent growth in 2018. Sequoia Capital, a venture funding backbone of Silicon Valley led the funding rounds. Other investors in the deal included Intermountain Ventures and Insight Venture Partners. Additionally, the funding also witnessed return of old investors like Red Dot Capital Partners, Bain Capital Ventures, and Tenaya
Aircraft design and building one is one of the most complex work that engineers and SMEs in the space have accomplished. That too design of not one or two types of aircrafts, but a wide range mainly for commercial, defense, and freight needs. Irrespective, aircrafts face diverse atmospheric conditions and a varied temperature range that could be as low as subzero temperatures. This, therefore requires a robust design to endure
Twitter recently had its first ever TwitterFronts event for the Middle East and North Africa (MENA), where the microblogging platform made some interesting announcements. Twitter unveiled collaborations for video streaming with more than 16 partnering companies. This is for video streaming for sports, news, and entertainment. With this role out, advertisers receive opportunities to connect with the most valuable audience. That too at a time when they are in the
Fleetsmith, an Apple device management platform has secured $30 mn in funding. Over the last year, Fleetsmith had added several new features to its platform. This might have prompted Menlo Ventures to lead the B round funding for the startup. Other venture firms in the investment included Tiger Global Management, Harrison Metal, and Upfront Ventures. Naomi Pilosof Ionita, a Menlo partner will soon join Fleetsmith’s board of members. Additionally, her
Rapid developments in packaging equipment in different sectors have led various companies to invest in different techniques for implementing the same. Material handling and logistics have witnessed enhancements, thereby calling in for a need for sustainable packaging. This has given rise to the distinctive returnable packaging systems market from a global perspective. Rising demands for various consumer goods required on a day-to-day basis is majorly driving the global returnable packaging
Zaver- a Swedish fintech startup has made news. The firm that has developed a payments platform has raised a little over US$1.2 million in seed funding. Primarily, the payment platform aims to facilitate peer-to-peer trades along with other offerings. The Swedish firm has backing of venture capital firms Inbox Capital and Inventure, This is along with a number of well-established angel investors, which include Joen Bonnier, Pontus Hagnö, Tom Dinkelspiel,
Faradir, a British startup plans to launch a bio electric hybrid aircraft by 2025. The proposed plane promises to reduce travel time, noise, and improve take-off capabilities. The plane will transport passengers as well as cargo. The plane will embed advanced triple Box-Wing technology, which delivers high-lift configuration, reducing take-off times considerably. Additionally, the system also improves landing. The initial reports about the plane suggest that it could require as
Earlier this week, Alibaba announced the acquisition of Infinity, an Israel-based augmented reality startup. The details of the deal are unavailable. Alibaba worked closely with Infinity in various areas including artificial intelligence, augmented reality, and computer vision since 2016. So, this acquisition marks a little change in their synergy. However, it signals Alibaba’s desire to capture the often elusive frontier of innovation. In 2013, Alibaba invested in Magic Leap and
