Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A. It raised a $22.8M Series A round just over a year ago, bringing its total raised since being founded back in 2014 to around $92M. The new funding will be put towards market expansion,
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Sumo Logic has long held the goal to help customers understand their data wherever it lives. As we move into the era of containers, that goal becomes more challenging because containers by their nature are ephemeral. The company announced a product enhancement today designed to instrument containerized applications in spite of that. They are debuting
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MIT’s Computer Science and Artificial Intelligence Laboratory has created a system that can see your body through walls, recreating your poses when you walk, sit, or simply stand still. It uses RF waves to sense where you are and then recreates your body as a simple stick figure. It’s called RF-Pose. From the release: The
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Yet more pressure on the precariously placed EU-US Privacy Shield: The European Union parliament’s civil liberties committee has called for the data transfer arrangement to be suspended by September 1 unless the US comes into full compliance. Though the committee has no power to suspend the arrangement itself. But has amped up the political pressure on
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Metaboards, an Oxford-based startup that is developing new wireless charging technology, has secured $5 million in funding. The round is led by Oxford Sciences Innovation (OSI), with participation from RT Capital Management, and Woodford Investment Management. The burgeoning company will use the new funds to expand the team with the aim of bringing its patented
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Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That makes it well-aligned with Naspers’ portfolio,
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Facebook finished its homework. In a pair of newly uploaded letters, the two Senate committees that grilled Facebook founder Mark Zuckerberg in April have published the social media giant’s written answers to their considerable body of questions. Zuckerberg faced criticism for not answering many of the more intricate or controversial questions from members of Congress
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Facebook may have disbanded its “Trending” news section, but the social network is not abandoning its media company ambitions, despite whatever CEO Mark Zuckerberg said to Congress. In fact, the opposite of “not being a media business” is now occurring: Facebook is directly paying news publishers to create video, even as it claims its focus
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Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services: It’s buying Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as
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