Electronics startup OspreyData announced it has raised $3.4 million in financing from an undisclosed investor. OspreyData harnesses sensor data generated by high-value mechanical assets to predict and prevent failures, reduce downtime, and enhance operating efficiency. OspreyData analyses sensor data in real time using machine learning continuously
Consumer startup Drone Racing League announced it has raised $20 million in Series B financing. Drone racing is a developing sport that combines e-sports, Formula 1 and a touch of virtual reality. DRL is the premier drone racing league and a sports and media company that
Electronics startup EverCharge just closed $1.4 million in financing from an undisclosed investor. Evercharge provides electric vehicle charging services to EV owners in multi-unit residences. It provides a mechanism for reimbursing management for common area electricity usage, as well as power-management technology that allows vehicles to
Fintech startup Loyyal announced it has secured a new round of financing. Four investors contributed to the round: Integrated Networks, UAE Exchange, Hayaat Group, and Day One Investments. Loyyal is a loyalty and rewards platform that uses blockchain and smart contract technology to provide loyalty and
Fintech startup Compliance.ai announced it has raised $4 million in financing from Cota Capital. Compliance.ai aims to empower professionals by providing a regulatory and compliance change management platform. Compliance.ai offers an AI-powered solution that automatically curates real-time financial regulatory information from a variety of sources, including
Mobile marketing startup AdAdapted announced it has secured $370,000 in financing from an undisclosed investor. The AdAdapted platform automates native advertising for advertisers who want to reach mobile app users. With AdAdapted, advertisers can launch scalable, trackable, custom branded mobile campaigns across a wide variety of
Marketing technology startup Smartly closed $500,000 in financing from an undisclosed investor. Smartly is developing a tool for large online advertisers, including eBay, Skyscanner, Zalora, Nelly and JustFab, to automate and optimize their Facebook and Instagram advertising. Smartly is an authorized Facebook Marketing Partner, and the
Multinational conglomerate Honeywell (NYSE: HON) today announced that it has acquired security startup Nextnine. Financial terms of the deal were not disclosed. Nextnine is a leader in Operational Technology (OT) security management software for industrial and critical infrastructure, markets that are vulnerable to cyber security
HelloSign completed $16 million in Series B financing. Eight investors participated in the round, among them Foundry Group, U.S. Venture Partners, Greylock Partners, and the Webb Investment Network. HelloSign aims to power the future of intelligent business. The company’s software platform, which includes esignature, digital workflow
AI startup CrowdFlower announced it has raised $20 million in financing. Industry Ventures, Salesforce Ventures, Canvas Venture Fund, Microsoft Ventures and Trinity Ventures participated in the funding. CrowdFlower is an AI platform for data science teams. The company aims to help customers generate high-quality customized training