Tag Archives: startups

Startup promises super

Now playing: Watch this: Better than Touch ID? Check out Vkansee’s optical fingerprint… 1:13 BARCELONA — Vkansee believes it can do fingerprint sensors better. The New York-based startup has developed a way to verify the identity of a person by scanning the fingerprint, but with far more accuracy and security. The module is almost small …

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Pinterest said to be pursuing new funding for $11B valuation

Pinterest is said to be seeking $500 million in new funding. CNET A new round of funding in Pinterest could pin down a doubling in the valuation of the social discovery startup. Pinterest, which lets people “pin” photos, websites, products and other items on virtual boards for others to see, is in talks to raise $500 million in a funding …

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Samsung, Sequoia invest in Israeli video

Rounds offers free, live video chat paired with interactive videos and games. Rounds Rounds, a video-chat service, has gained a handful of major investors, bringing in Sequoia Capital and Samsung Ventures in its latest $12 million funding round, the startup said Wednesday. The Israel-based company offers live video conferencing for up to 12 users on the same line and allows …

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Xiaomi, suddenly the world’s most valuable startup, raises $1.1B

Redmi 1S Xiaomi There’s apparently no stopping Xiaomi’s ascent. The Chinese smartphone maker, which has been on a tear over the last four years, has raised $1.1 billion in venture capital funding, giving it a valuation of $45 billion. Bin Lin, Xiaomi co-founder and president, posted the news Monday on Facebook. The valuation makes Xiaomi the top-dog among startups, besting …

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Square purchases food delivery startup Caviar

Caviar Square has finally confirmed its purchase of Caviar, a food delivery startup that could help the mobile payments company with its bottom line. The company announced its acquisition Monday after rumors surfaced last month. Square did not disclose any details of the deal, but The New York Times reported that Square paid $90 million worth of stock for the …

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Apple draws ire from Aussie startup for HealthKit name grab

Apple announced a new HealthKit feature for iOS 8 at WWDC. Tim Stevens/CNET An Australian startup called HealthKit is fighting Apple for taking its name (including the same spelling and stylised capitals) to brand a new feature on iOS 8. Apple’s HealthKit was announced at WWDC 2014 this week, and will allow iOS 8 users to view all their health …

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Samsung, Qualcomm back wearable chip startup

Ineda’s Hierarchical Computing architecture, part of the Dhanush ‘WPU,’ a Wearable system-on-a-chip Ineda Samsung and Qualcomm are backing a small wearable chip startup that has developed a processor targeted specifically at wearables. Santa Clara Calif.-based Ineda Systems on Tuesday announced that an investment group, which includes Samsung and Qualcomm, have agreed to $17 million in funding. Along with the investment …

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