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Our Investment in Booster Fuels As Venture Capitalists, our responsibility is to invest in the future, while keeping our feet firmly planted in the present.
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Blend releases a mobile app for mortgage lenders on the go Since launching five years ago, Blend has helped major financial institutions make lending decisions to consumers, in many cases narrowing the time it takes to close a mortgage by seven to 10 days. Today the company is releasing a mobile app that it believes will speed up the process even faster by allowing consumers to more easily communicate with their loan officer.
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Behind the Scenes at Orchard Platform, a Struggle to Innovate Matt Burton, chief executive, with Nadia Gonzalez, the head of marketing. More than a year after Mr. Burton revealed his plans, Orchard has completed just a scattering of transactions. Over that time, it burned through more than $5 million in legal fees and other expenses.
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Improbable grabs $502M led by Softbank at a $1B+ valuation for its virtual world Spatial OS Improbable, the London startup that has developed a platform for third parties to build vast virtual and simulated worlds, has landed a stratospheric round of funding to double down on its product and expand its ecosystem of developers. The company, which also has offices in San Francisco, has raised $502 million in funding led by SoftBank, with previous investors Andreessen Horowitz and Horizons Ventures also participating.
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Dataminr announces new tool to assist first responders Dataminr introduced a new product on stage at TechCrunch Disrupt today in New York City that searches the Twitter firehose for emergency situations throughout the city, and channels news alerts to first responders.
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Immuta adds accountability and control for project-based data science Fresh off $8 million in Series A financing, Immuta is releasing the second version of its data science governance platform. With the democratization of machine learning comes new risks for businesses that have too many workers manipulating data sets and models without oversight.
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Fintech: Data Standardization is Your Next Competitive Advantage When I took my first computer science courses in college, my professor often cited the old adage “Garbage in, Garbage out”. Most of the students in the classroom chuckled. For most of us, that was the first time we heard that expression.
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RedOwl's behavioral analytics help fight insider risk Inside risk solutions specialist RedOwl is releasing the latest version of its Insider Risk Framework, designed to offer out-of-the-box capabilities to fight insider threats and which companies can quickly deploy with minimal specialist expertise.
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Booster brings fuel to your office parking lot Booster‘s tiny purple tankers have been cruising parking lots in Dallas-Fort Worth and the San Francisco area for 18 months now, and it’s ready to let the world in on its not-so-secret service. Companies can contract with Booster to have its employees’ gas tanks filled during the workday.
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Q&A with Immuta on the Implications of EU’s General Data Protection Regulation (GDPR) The European Union approved a new General Data Protection Regulation (GDPR) in late April 2016, which will come into effect in May 2018. This regulation will require companies to adopt a comprehensive data governance approach, including data profiling, data quality, data lineage, data masking, test data management, data analytics and data archival.
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Improbable teams with Google, opens SpatialOS alpha for virtual world development Improbable, the London startup backed by Andreessen Horowitz that has been developing a platform for third parties to build virtual and simulated worlds, is today launching the alpha of its first product, SpatialOS. And with it, Improbable is also announcing a strategic partnership with Google, the first part of which will see Google providing its Google Cloud Platform as the backend powering the service.
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Planetary Resources mines Luxembourg for $28M in asteroid-hunting funds The aspiring asteroid miners at Planetary Resources have struck pay dirt in Luxembourg, the tiny (but wealthy) European country positioning itself as an ally to commercial space. The country is directly investing €12 million, with another €13 million coming from public investment bank SNCI.
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The Startup That Predicted Brexit Has Some Bad News for Hillary Clinton The US presidential race appears to be neck and neck. The latest Reuters/Ipsos poll shows Hillary Clinton and Donald Trump tied at 39% among likely voters, while the latest WSJ/NBC News poll says it’s 43% to 37% in favor of Clinton and Nate Silver has Clinton’s probability of winning at 59%.
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How investors are using social media to make money While most Twitter users post about news they've seen or what they're doing during the day, a number of hedge funds and financial firms are doing something else with the site: They're looking for information that can help them make money.
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FiscalNoters rise and shine for management training FiscalNoters gathered in the One Thomas Circle kitchen bright and early Wednesday morning — 7:30 a.m. to be precise — for an intensive, three-hour management training lead by Vice President of Operations Arthur Karell.
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The 2016 Disruptor 50 list CNBC reveals the 2016 Disruptor 50 list, identifying start-ups out ahead of big consumer and business shifts, and already worth billions.
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Memory leak or just calculus? Our engineers found what appeared to be a memory leak, and then resorted to calculus to convince themselves that what they were observing was a consequence of the probability distribution of their randomised algorithm.
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Immuta Engineering Easily connect and control your sensitive data for analytics and machine learning.