Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M

Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their … More…

Zelle users are finding out the hard way theres no fraud protection

Scammers have taken to Zelle, the Venmo alternative backed by U.S. banks, to defraud consumers who believe the service includes the same protections they’ve come to expect from PayPal. A number of customers report having lost hundreds, or even thousands of dollars, over Zelle, when they used it for transactions … More…

Uncommon.co launches and raises $18m to bring objectivity and efficiency to hiring

Traditional models of recruiting are a mess. At companies like Google, quite literally millions of people apply for open roles, forcing hundreds of recruiters to sift through thousands of resumes per job opening. Worse, in their race to process through those applicants, recruiters often use fuzzy and subjective impressions of … More…

Adikteev raises $12 million for its mobile marketing platform

French startup Adikteev raised a $12 million funding round led by Ring Capital and BNP Paribas Développement, with existing investors ISAI, Ventech and Laurent Asscher also participating. It’s also worth noting that it represents Ring Capital’s first investment after raising its initial $170 million fund. Adikteev is an adtech startup … More…

Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

It’s not every chief executive who wakes up in the morning to a view of their office door across the parking lot from the Airstream trailer they call home, but Jesse Genet isn’t every CEO. Genet is the co-founder and chief executive of Lumi, a Los Angeles-based startup that supplies … More…

Want to be a founder? Go get a job, says venture capitalist Joe Kraus of GV

Yesterday, at Startup Grind, an event series that’s aimed at new founders and people contemplating becoming entrepreneurs, we sat down with Joe Kraus, a partner for the last eight years with Google’s early-stage investing arm, GV. Kraus, who’d earlier co-founded two companies — Excite and Jotspot — shared a range … More…

RealWear raises $17M as it looks to take a simpler approach to enterprise AR headgear

As the augmented reality industry slowly matures and those within it look to realize the path to ubiquity they have been preaching, it turns out they’re showing more appreciation for the vision that Google laid out years ago with its Glass headset. RealWear is aiming to eschew the space-age reality-altering … More…

Consolidation in the cloud as OpenText buys Hightail and Carbonite grabs Mozy from Dell

Back in the early 2000s before Dropbox was a gleam in Drew Houston’s eye, sharing large files was a huge challenge. Email services limited attachment size because bandwidth and storage were both expensive and FTP required a certain level of technical acumen. YouSendIt tried to resolve that problem by providing … More…

Microsoft revamps its startup programs with $500M commitment and new co-selling program

Over the last few years, Microsoft has launched a number of programs for startups that range from free BizSpark credits for Azure and Microsoft’s developer and productivity tools, to Microsoft Ventures and the Microsoft Accelerator programs around the world. These different programs never quite told a cohesive story about Microsoft’s … More…