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’s acquisition of mesh router company Eero is a smart play that adds a number of cards to its hand in the rapidly evolving smart home market. Why shouldn’t every router be an Echo, and every Echo be a router? Consolidating the two makes for powerful synergies and significant leverage against stubborn competition. It’s no…
Over the last 20 years, smart home gadgets have evolved from fantasy to commodity. Walk into Best Buy and there are dozens of products that take just a few minutes to set up. It’s wonderful. Even better, it’s easy. There are lights and locks and screens from big and small companies alike. And therein lies…
Virtuo, the Paris-headquartered car rentals startup, has raised €20 million in Series B funding. The round is backed by Iris Capital, Balderton Capital and Raise Ventures, and will be used to continue expanding across the U.K. and other European countries. Originally founded in France and available in 19 French and 2 Belgium locations, Virtuo launched…
Y Combinator has been steadily ushering in more and more startups into its classes, but this year the poll position accelerator is having to make some major logistical adjustments to accommodate just how massive its group of startups has become. YC has more than 200 startups in their winter 2019 batch (!!) By comparison, the…
During a state legislature hearing today, New York City mayor Bill de Blasio said it is “mission critical” that Amazon build HQ2 in Long Island City. De Blasio’s remarks come a few days after a report that widespread outcry from residents and local politicians alike have prompted Amazon to reconsider the move, which the company…
On Monday, the day before President Trump’s State of the Union Address, Supreme Court Justice Ruth Bader Ginsburg attended a performance celebrating her life at a museum in Washington — her first public appearance since December. It did little to convince the internet’s most morbid conspiracy theorists that she wasn’t dead. Justice Ginsburg, or RBG…
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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…
Just days after Postmates filed confidential paperwork for an initial public offering, the latest news in the on-demand delivery space is that competitor DoorDash is in the process of raising a $500 million round, The Wall Street Journal reports. The round would reportedly value DoorDash at more than $6 billion and possibly up to $7…
