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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. If these sums sound very large, it’s because outsized funding is the order of the day for large enterprise startups taking on networking infrastructure leviathans like Cisco, Juniper and Huawei. (It

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Opportunity Amid Volatility

Haystack

Now that everyone knows the stakes of a Facebook-like outcome, there’s more money looking to fund and fuel web-scale network-effect businesses. They’ll have to back up the truck for their best companies, take acquisitions off the table, and go right after the incumbents head-on. Money has been coming into the U.S.

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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

Today, Fuzzy announced $44 million in growth funding to expand its digital pet care network of veterinary professionals to alleviate some of the strain on the industry and make care accessible and affordable to all. The San Francisco-based company previously raised $18 million in a Series B round in March. Fuzzy live chat via its app.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. We knew a relationship with TransUnion in particular had the capacity to significantly accelerate our business,” he said.

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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

Most people in French-speaking Africa are unbanked due to a lack of trust in incumbents and inefficient banking solutions. This gives us an edge over them as we build the network, the channels and the trust that are all key ingredients for the adoption of payment services at large scale.”. After earning a Ph.D.

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Why the startup sector should keep its eye on the SEC

TechCrunch

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. In a shift from the last two decades, policymakers and regulators had already begun to scrutinize the private markets.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . The beauty of Melonn is the potential to both accelerate a business and integrate into platforms that its clients are already using.”.