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Unsexy Flexport scores $65 million as software eats shipping
Freight forwarding is a multi-trillion industry, but most people don’t even know what those words mean. It’s the business of moving boats trucks, and planes full of stuff across the world that’s recently been neglected by technology. Postmates is raising at least $100 million to fuel its on-demand ambitions
We’re hearing from sources that Postmates, which is among a few companies that are seen as operating in the difficult on-demand space, is raising at least $100 million in a round led by Founders Fund. Sources stressed that the round has not closed, and that things may change over time. Despite the challenges of working in an on-demand economy — which can sometimes lead to… Read More
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Zenefits Just Raised $500 Million At A $4.5 Billion Valuation
Zenefits today said it has raised $500 million in a round led by Fidelity and TPG at a whopping $4.5 billion valuation. The company, which allows small- and medium-sized businesses to manage human resources services in a much simpler fashion, is one of the fastest-growing SaaS businesses ever, and in an interview, Zenefits CEO Parker Conrad said the big round was raised to keep the company… Read More
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uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded
What if wireless power at a distance actually worked? It does. uBeam invented a way to wirelessly send energy up to 15 feet away with ultrasound. What if you could slap a wireless charging case on your phone and charge it while you move around or use it? uBeam invented that too. While early uBeam prototype were massive, non-portable boxes that merely shot power around, it now has a working… Read More
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Privateer’s Brendan Kennedy And Founders Fund’s Geoff Lewis To Light Up The Stage At Disrupt NY
It’s becoming increasingly clear that the cannabis industry will soon become a huge market opportunity for startup entrepreneurs who have the brains and the gumption to navigate a still-murky legal and regulatory environment. And what happens when huge market opportunities open up? Well, venture money is sure to follow. Read More
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