Investment follows year of more than 3X user growth and more than 2X revenue growth in cloud […]
Category: News
Fast growing Bay Area data startup wrangles $100 million in funding
Data-wrangling cloud service Trifacta raised a $100 million funding round, as its user growth soared three times higher and its revenue doubled in the past year, the company said Thursday. The San Francisco-based company, which uses machine learning to help companies save money by using knowledge workers and data analysts to clean and structure data […]
JUUL, Startup Growth, And Who Is Investing For The Long-Term
Ever make dinner with what’s left in the fridge at the end of a busy week? Mostly this column gets through all the topics and news that fit its purview in any given five-day period. Other times, like this week, I wind up with a few interesting leftover tidbits that I still need to share. […]
Chime Reaches 5M Accounts As Rival Acorns Reaches 6.2M
In the Great Neo-Bank Account Accretion War, there are new performance numbers to chew on. Today CNBC reported that Chime, a neo-bank we’ve covered before, picked up one million new accounts since June. Chime now has five million accounts, and its CEO Chris Britt indicated to the publication that when his company was smaller it took four years to collect one […]
The path to the next billion internet users is through feature phones
Despite a US-China trade war barring Google from licensing its Android mobile operating system for Huawei phones, Android will have little problem continuing to dominate the mobile ecosystem. It accounts for over 75% of mobile web traffic followed by Apple’s iOS 22%. Other mobile OS combined accounted for a mere 2.3%. […]
Cathay Innovation Leads Series B Round In Chinese Kindergarten Operator
Chinese kindergarten operator Little Oranges Academy announced on Thursday that it has raised tens of millions of U.S. dollars in a series B round of financing led by Cathay Innovation, a global venture capital fund created in affiliation with Cathay Capital Private Equity. […]
WhatsApp arrives on Nokia 8110 and other KaiOS smart feature phones
Not having WhatsApp even on the Nokia 8110 4G ‘banana phone’ was a deal-breaker for many users. That feature gap has now been closed thanks to a collaboration between the makers of KaiOS, the OS that runs on the Nokia 8110, and Facebook-owned WhatsApp. […]
Fintech startup Curve raises USD55m
Curve, a banking platform that consolidates multiple cards and accounts into one smart card and an app, has secured USD55 million from a leading group of investors as part of a successful Series B funding round, valuing the company at a quarter of a billion dollars. […]
Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT
For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, Meituan Dianping, and ByteDance, entrepreneurs and investors are shifting attention to business applications. […]
Orange and KaiOS Technologies reinforce their partnership to close Africa’s digital divide through Series B funding
Today, KaiOS Technologies, maker of KaiOS, the leading mobile operating system for smart feature phones, confirmed Orange’s participation in a recent Series B funding round led by Cathay Innovation. This participation is a testament to both companies’ dedication to providing internet access and digital services to people across Africa. […]