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Vectra raises $36M for its AI-based approach to cybersecurity intrusion detection

Vectra raises M for its AI-based approach to cybersecurity intrusion detection With the trend of growing cybercrime showing no indication of abating, a startup called Vectra that has built an artificial intelligence-based system called Cognito to detect cyberattacks and mobilise security systems to respond to them has raised $36 million to expand its R&D and business development. This Series D comes on the back of a strong year for the startup, with 181 percent growth in customer subscriptions between 2016 and 2017, and Vectra’s CEO Hitesh Sheth said he expects…

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Crunchbase opens a marketplace for 3rd-party data in bid to be the ‘master database for companies’

Crunchbase opens a marketplace for 3rd-party data in bid to be the ‘master database for companies’ Last year, when tech-company database Crunchbase (once a part of TechCrunch but since spun out) announced a funding round of $18 million, it previewed plans for a new marketplace where it would sell access to third-party data to supplement its own information. Now nearly one year later, it’s taking the wraps off that project. Today the company announced a new service called Crunchbase Marketplace, an app store-like experience where users can sign up for…

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Moovit raises another $50M led by Intel for its urban transit app, plans Mobileye collaboration

Moovit raises another M led by Intel for its urban transit app, plans Mobileye collaboration The race for pole position in the next generation of transportation services continues to gain speed, and today a startup providing data on how best to navigate transit in urban environments is announcing a significant round and partnership to help it get out in front. Moovit — the Israeli startup whose iOS, Android and Web apps are now used by 120 million people globally across 2,000 cities in 80 countries — has raised another $50 million in…

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Google debuts AdSense ‘auto ads’ with machine learning to make placement and monetization choices

Google debuts AdSense ‘auto ads’ with machine learning to make placement and monetization choices Google is today unveiling a new ad unit for AdSense that taps into the company’s big push to add more artificial intelligence into its business, and to potentially bring on more publishers who might consider ramping up their advertising efforts but don’t have the time or other resources to manage them. Google is debuting “Auto Ads” — not commercials for cars, but a new ad unit that uses machine learning to “read” a page to detect…

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Facebook inks music licensing deal with ICE covering 160 territories, 290K rightsholders on FB, Insta, Oculus and Messenger

Facebook inks music licensing deal with ICE covering 160 territories, 290K rightsholders on FB, Insta, Oculus and Messenger Facebook today took its latest step towards making good on paying out royalties to music rightsholders around tracks that are used across its multiple platforms and networks. The company has signed a deal with ICE Services — a licensing group and copyright database of some 31 million works that represents PRS in the UK, STIM in Sweden and GEMA in Germany — to provide music licensing services for works and artists represented…

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Chariot co-founder and CEO Ali Vahabzadeh left Ford at the beginning of February

Chariot co-founder and CEO Ali Vahabzadeh left Ford at the beginning of February As automakers continue to work on their strategies for the next generation of transportation, one of the biggies is making a change to its leadership structure. Ali Vahabzadeh, the CEO and co-founder of ride-sharing startup Chariot, which Ford acquired Chariot in September 2016, has left the company. “We thank Ali for his passion and dedication to building Chariot into the growing mobility business it is today,” the company told TechCrunch in a statement. “We are glad he will continue…

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YapStone is raising $100M to take on PayPal, Stripe and more in marketplace payments

YapStone is raising 0M to take on PayPal, Stripe and more in marketplace payments While a part of the fintech world remains abuzz with crypo-talk, a startup that’s built a business around the more traditional world of payments has raised a significant round of funding as it vies to take on the likes of PayPal, Stripe, Adyen and Dwolla. YapStone, which provides payment services to marketplace-style businesses — customers vary from the likes of HomeAway to faith-based non-profits like ParishPay — today confirmed that it raised $71 million, a first…

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Apple joins LG and Valve investing up to $10M in OLED display maker eMagin

Apple joins LG and Valve investing up to M in OLED display maker eMagin Quietly, Apple has been bringing together a number of moving parts in its strategy around virtual and augmented reality hardware; and now one more element of that has come to light. eMagin, a maker of OLED miniature displays, says that Apple, along with LG, Valve, VR entertainment maker Immerex (which now appears to be operating publicly as Luci), and Stillwater Holdings, are collectively investing up to $10.3 million in the company. eMagin has only said that…

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YouTube adds more formal measures to sanction channels that post harmful videos, including discoverability downgrade

YouTube adds more formal measures to sanction channels that post harmful videos, including discoverability downgrade After barring Logan Paul earlier today from serving ads on his video channel, YouTube has now announced a more formal and wider set of sanctions it’s prepared to level on any creator that starts to post videos that are harmful to viewers, others in the YouTube community, or advertisers. As it has done with Paul (on two occasions now), the site said it will remove monetization options on the videos, specifically access to advertising programs….

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Think3 is a new $1B fund that wants to buy up SaaS startups so founders can go out to build again

Think3 is a new B fund that wants to buy up SaaS startups so founders can go out to build again We all know about the unicorns of the startup world — fast-growing companies that appear to be on the road (or have already arrived at) valuations of $1 billion or more — and we hear a lot about the unfortunate ones that either run out of money or fail for another reason. But what about the startups in the middle — reasonably good companies that aren’t going away anytime…

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