After two years of development, Medivis, a New York-based company developing augmented reality data integration and visualization tools for surgeons, is bringing its first product to market. The company was founded by Osamah Choudhry and Christopher Morley who met as senior residents at NYU Medical Center. Initially a side-project, the two residents roped in some…
Prosecutors have brought charges against a former Air Force officer for allegedly spying for Iran, the Justice Department confirmed Wednesday. Monica Witt, a former Air Force counter-intelligence officer, is accused of defecting to Iran in 2013, after leaving the military in 2008 after more than a decade’s service and later working as a defense contractor.…
The latest figures out of NPD show a continued uptick in smartwatch sales here in the States. The category has been a rare bright spot in an overall flagging wearable space, and the new numbers show gains pretty much across the board. In fact, the study puts smartwatch ownership at 16 percent among U.S. adults…
The majority of venture dollars go to founders who are white, male and university-educated Jonathan Shieber @jshieber / 13 hours The large majority of venture dollars are invested in companies run by white men with a university degree, according to a new report by RateMyInvestor and Diversity VC. This new data reveals that despite the lip…
Donde Search has just closed a $6 million Series A investment led by Matrix Partners, with participation from previous investors such as senior leaders from AliExpress, Google and Waze. Donde first launched in 2014 as a consumer-facing app that helped users search and discover apparel items based on visual characteristics rather than text-based searches. In…
TechCrunch is launching a new format for Extra Crunch members, called the EC-1. Modeled after the Form S-1 filing that late-stage startups submit to the SEC as part of the IPO process, EC-1s are authoritative, deep analyses into growth-stage startups. Through extensive interviews and research, an EC-1 acts as a case study for entrepreneurs and…
SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, has acquired “multi-channel” e-commerce platform Shoplo. Terms of the deal aren’t being disclosed, while SumUp says the acquisition will enable it to expand its product suite to give SumUp merchants access to various online marketplaces, such as…
If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion supply chain. This new round takes Zilingo to $308 million from investors since its…
Amazon is about to expand its smart home offerings in a big way. The company just announced its intention to acquire Bay Area-based home mesh router startup, Eero. It’s a pretty clear fit for the online retailer as it pushes to make Alexa a feature in the connected home. The move also makes sense for…
When Apple issued revised guidance for its quarterly earnings last month, the company singled out China as a primary driver for its disappointing result. Sure enough, iPhone revenue declined 15 percent year over year, and now IDC’s got some more insight into the role the Chinese market may have played in that decline. New figures…
