Sunstone Capital Backs Beacon Platform Kontakt.io To The Tune Of $2 Million
TechCrunch July 28, 2014 “Bluetooth Low Energy and iBeacon are the building blocks of the next wave of computing,” says Max Niederhofer of the micro-location technology that lets your smartphone trigger events based on how close you are to a Beacon transmitter. “It’s...
Wipro sets up $100-mn VC fund to invest in start-ups
Business Standard July 28, 2014 Following the footsteps of some of its global peers, India’s third largest information technology (IT) services company, Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology...
Airware Preps Launch Of Its Commercial Drone Operating System With $25M From Kleiner
TechCrunch July 23, 2014 Building a drone’s hardware and software from scratch is tough and expensive, but open source drone kits are inflexible. So to power businesses looking to customize drones for commercial uses from agriculture to industrial inspections, Airware...
London Startup Jinn Raises $200K Seed Round For Local On-Demand Delivery App
Tech Crunch July 21, 2014 Four months after bootstrapping a London launch, which saw its co-founders initially jumping on a scooter to deliver customer orders themselves, local on-demand delivery app Jinn has raised a modest seed round of $200,000, to be used...