Paul Gillin / SiliconANGLE: North Carolina-based CData, which aggregates data from 200+ sources for businesses, raises a $140M Series B from Updata, bringing its total funding to $160M — CData Software Inc., a seven-year-old firm that specializes in connecting data from multiple sources, today announced a new $140 million funding round.
Author: Sophia
Sophia
Sophia is an entrepreneur and blogger. She is passionate about software, disruptive technology, personal development, and inspiring others.
Aditya Hadi Pratama / Tech in Asia: BukuKas, an e-commerce enabler for SMBs that also makes a bookkeeping app, raises a $80M Series C led by Tiger Global and Sequoia India, rebrands as Lummo — BukuKas, an Indonesia-based startup that helps SMEs go digital, has raised US$80 million in a series C funding led by Tiger Global and Sequoia Capital India.
Manish Singh / TechCrunch: Bengaluru-based Jar, a daily savings app that lets users invest in “digital gold”, raises a $32M Series A led by Tiger Global, sources say at a $200M+ valuation — A seven-month-old fintech app that is helping millions of Indians to begin their investment and saving journeys …
Anita Ramaswamy / TechCrunch: Majority, a mobile banking service serving migrants to the US, raises a $27M Series A led by Valar Ventures, six months after its $16M seed round — MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures.
Paul Sawers / VentureBeat: Human Security, a bot mitigation and fraud detection company that was acquired by Goldman Sachs in 2020, raises $100M in growth funding led by WestCap — Human Security, a bot mitigation and fraud detection company for enterprises, has raised $100 million in a growth round of funding led by WestCap.
Patricia Nilsson / Financial Times: The UK government expands the Online Safety Bill to compel social media services and search engines to restrict fraudulent ads, including “catfishing” scams — Social media and search engines would have to prevent and remove fraudulent ads — The UK is to clamp down on online scams and …
Mikhail Klimentov / Washington Post: Some former and current staff of esports companies TSM and Blitz allege workplace abuse and a “culture of fear” fostered by CEO Andy Dinh; TSM is investigating — In March of 2021, employees at the esports organization TSM were summoned to a virtual all-hands meeting to discuss …
Zheping Huang / Bloomberg: A look at Epic Games’ failed, multi-year efforts to launch Fortnite in China, as it plans to shutter Fortnite’s Chinese servers on November 15 — Epic Games Inc. spent 2018 preparing Fortnite, the world’s hottest video game, for a blockbuster debut in China, the world’s biggest gaming market.
James Vincent / The Verge: Delivery startup Gorillas lays off half its “global office workforce”, around 300 people, and will reassess its operations in Italy, Spain, Denmark, and Belgium — An unsustainable business or just a side effect of the tech downturn? — Grocery app Gorillas …
Steven J. Vaughan-Nichols / ZDNet: Nextcloud and ~30 other EU companies file an antitrust complaint with the European Commission against Microsoft for bundling OneDrive and Teams with Windows — Nextcloud and almost 30 other European companies have filed a complaint about Microsoft’s anti-competitive behavior with its OneDrive cloud storage offering.