Pitchbook survey: VCs see AI as high growth but also overinvested
The biggest focus areas for AI investing are healthcare and biotech
Read more...AHAlife.com, an editorialized commerce platform for curated lifestyle products, raised $6 million in new funding led by DCM with existing investor FirstMark Capital contributing.
Shares of Amazon jumped 10% to $224, bringing its market valuation to more than $100 billion, a day after the retailer posted quarterly results that reflected the fastest revenue growth in a decade.
Human authentication service Are You a Human raised $750,000 in Series A funding led by Detroit Venture Partners with participation from the First Step Fund, itself a partnership of the Invest Detroit Foundation, TechTown, Ann Arbor SPARK and Automation Alley. This also marks the sixth investment by the Ross School of Business’ Frankel Commercialization Fund.
A full 71% of American Internet users use video-sharing sites like YouTube and Vimeo, representing an increase of five percentage points over last year.
Fab.com, a website featuring daily design inspirations and flash sales at up to 70 percent off retail, secured $8 million in Series A financing led by Menlo Ventures, with participation from First Round Capital, Baroda Ventures, The Washington Post Company, Fab.com's founder and CEO Jason Goldberg and more.
Jumio launched a new technology solution for businesses to make easier and more secure online and mobile credit card payments. And your webcam is involved.
LearnVest.com, a personal finance website created exclusively for women, unveiled a suite of new tools and features to help women take control of their finances.
LucidChart, a Web-based diagramming application with real-time collaboration features, raised $1 million in seed financing from 500 Startups and others.
Pixazza is now Luminate, and it’s expanding its platform to make images interactive on a whole new level—no longer just for e-commerce.
Nodeable, provider of a cloud-based social platform for systems data, closed its $2 million Series A funding led by True Ventures.
Read It Later raised $2.5 million in funding from Foundation Capital, Baseline Ventures, Founder Collective, Google Ventures, and others.
SecondMarket released its online secondary trading data, revealing that it handled $268 million in private company stock transactions in the first half of 2011, a 75 percent year-over-year increase.
Taulia, a cloud-based dynamic discounting solution provider in the SAP space, closed its Series B round of funding totaling $8.5 million. Existing investors Matrix Partners and Trinity Ventures invested above their pro-rata to increase ownership and were joined by new investor DAG Ventures, who led the round.
TribeHR, a startup that develops human resources software for SMBs, closed a $1 million round of seed funding from Matrix Partners.
Today's featured entrepreneur is Vitaly Vlasov, founder of Playcer, a location-based game platform, where you can discover new places, meet new people, get rewards.
The biggest focus areas for AI investing are healthcare and biotech
Read more...It will complete and submit forms, and integrate with state benefit systems
Read more...The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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