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Alex Konrad / Forbes:
Autodesk buys BuildingConnected, which helps builders find and hire qualified contractors for construction projects, for $275M   —  Autodesk's construction software business is getting its second acquisition-fueled jolt of the past few weeks.  The company announced on Thursday …
Dec 20, 2018, 9:45 AMIn context
Parmy Olson / Forbes:
Babylon Health has claimed its AI bot is as good at diagnosing as human doctors, but sources say the AI's development was rushed and effectiveness exaggerated   —  ate one Friday evening in December 2017, a group of worried Babylon Health doctors sat down for a meeting with Ali Parsa …
Dec 17, 2018, 3:05 PMIn context
Thomas Brewster / Forbes:
Test shows that Android phones like LG G7 ThinQ, OnePlus 6, and Samsung Galaxy S9 and Note 8 can be unlocked via facial recognition using 3D-printed head models   —  Facial recognition is cropping up everywhere.  From shopping malls to the workplace, it's likely something is scanning your face every day.
Dec 16, 2018, 7:35 PMIn context
Forbes:
GE to spin out its industrial IoT software business into a separate company with $1.2B in revenue, sell 90% of ServiceMax to Silver Lake for an undisclosed sum   —  By Nigel Fenwick, Vice President, Principal Analyst; Frank Gillett, Vice President, Principal Analyst; Michele Pelino, Principal Analyst; Paul Miller, Senior Analyst
Dec 14, 2018, 4:50 PMIn context
Michael del Castillo / Forbes:
Stablecoin project Basis, backed by Bain Capital, GV, and a16z, confirms it is closing due to regulatory issues and will return the $133M capital raised   —  Not even three Princeton honors students and $133 million could save the Basis cryptocurrency from the scrap bin of SEC rejects.
Dec 13, 2018, 2:53 PMIn context
Alex Konrad / Forbes:
Lightspeed hires Jana Messerschmidt, Merci Victoria Grace, Ashley Brasier, Jerry Ye, Jay Madheswaran as investing partners and Neetzan Zimmerman as VP of growth   —  Months after raising a fresh $1.8 billion in fresh funds, one of Silicon Valley's faster growing venture firms has made a wave of hires to continue its growth.
Dec 6, 2018, 1:25 PMIn context
Alex Konrad / Forbes:
Indiana-based “customer success” SaaS startup MetaCX, led by Salesforce's ex-marketing cloud boss, raises $14M Series A from Upfront Ventures while in stealth   —  In 2013, the Indianapolis tech scene scored a massive outcome when Salesforce acquired marketing software maker ExactTarget for $2.5 billion.
Dec 5, 2018, 2:55 PMIn context
Nathan Vardi / Forbes:
Profile of Joe Liemandt, founder of software company Trilogy and PE firm ESW Capital, which buys US software firms and replaces staff with cheap overseas talent   —  rom an office suite on the 26th floor of the iconic Frost Bank Tower in Austin, Texas, a little-known recruiting firm called Crossover …
Nov 25, 2018, 11:10 AMIn context
Steven Bertoni / Forbes:
Airtable, which wants to make database management mainstream by using drag and drop, raises $100M at a $1.1B valuation   —  n the frenetic world of tech, where the ruling ethos is to move fast and break things, Howie Liu moves at a glacial pace.  With Andrew Ofstad and Emmett Nicholas, he launched Airtable in 2013.
Nov 15, 2018, 8:25 AMIn context
Alex Konrad / Forbes:
Qualtrics had 2017 revenue of $289.9M; with the $8B acquisition, Accel and IVP's stakes are each worth $1B+, and the Smith family's stake is ~$2.6B after taxes   —  Utah-founded cloud unicorn Qualtrics was set to have one of tech's most hotly-anticipated initial public offerings this week.
Nov 11, 2018, 7:55 PMIn context

Sponsor Posts

Smartsheet:
Smartsheet Announces Appointment of Praerit Garg as CTO  —  Smartsheet (NYSE: SMAR), a leading cloud-based platform for work execution, today announced that Praerit Garg has joined the company as Chief Technology Officer.
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Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.