Nines Radiology Aims to Upend Radiology Using AI, Scores $16.5 Million In Funding

Nines Radiology has raised $16.5 million in Series A funding, according to a company press release. Nines Radiology was founded in 2017 by self-driving-car pioneer David Stavens and NYC radiologist Dr. Alexander Kagen. The unlikely partnership aims to use technology,…

Uber Is Now a $50 Billion (Valued) Company

Throw some more money on the Uber stacks. The on-demand car company has just raised another cool $1 billion, according to sources quoted in the Wall Street Journal. The $1 billion brings the total funding to $5. The company is…

Spotify Hits 20M Paid Users, Defends Artist Payouts

Spotify has a message for Apple and its new Apple Music venture – you’re starting well in the hole. The streaming music company has just announced it has hit 20 million paid subscribers, and 75 million total active users (meaning…

Should Entrepreneurs Seek Crowdfunding?

A lot of entrepreneurs in todays landscape must decide whether or not to go the crowdfunding route. If you ask multi-billionaire Richard Branson, you’re probably best off at least considering it. Branson has been an investor in popular crowdfunding platform…

Nextdoor, the Social Network for Neighbors, Now Valued at $1.1 Billion

Nextdoor, the “private social network for you, your neighbors and your community”, just raised enough new funding to make it a billion-dollar company – in valuation, at least. The company has raised $110 million in venture capital from Redpoint Ventures…

Uber Continues to Raise Tons of Money

Someone just gave Uber a bunch of money, again. Bloomberg reports that the on-demand car company has just raised $1.6 billion in convertible debt from Goldman Sachs’ wealth management clients. Bloomberg has the specifics on the deal: The bond Uber…

Twitter Co-Founder Evan Williams Launches Obvious Ventures

Evan Williams, co-founder of Twitter and Blogger, is back with his third version of Obvious, the previous versions of which spawned Twitter, Medium, and Twitter co-founder Biz Stone’s Jelly and Super. This one is called Obvious Ventures, and running the…

Uber Raises New $1.2 Billion Round Of Funding

Uber is trying to put that whole PR fiasco it had to deal with last week behind it. The company is now dominating headlines for announcing that it has raised a new $1.2 billion round of funding, so it’s definitely…

Uber Could Soon Be Valued at $40 Billion

Uber could be valued at a staggering $35 to $40 billion after a new round of funding, according to a report. “T. Rowe Price Group Inc. is in discussions to be a new investor, said the people, who asked not…

Square Reportedly Raises New $150M Round At $6B Valuation

There has been no official announcement so far, but according to a report from The New York Times, Square has raised a new $150 million round of funding, valuing the company at $6 billion. The report cites a person briefed…

Yahoo Is Reportedly Investing in Snapchat and Its Sky-High Valuation

Yahoo is one of the backers that’s ready to throw out a funding round that values Snapchat at $10 billion, according to reports. The Wall Street Journal quotes the all-knowing and omnipresent “people familiar with the matter”, who claim that…

Twitter Is Funding A New MIT Lab For ‘Social Machines’

The MIT Media Lab announced that it has secured a five-year, $10 million investment from Twitter, which will provide access to its real-time, public steam of tweets as well as the archive of every tweet all the way back to…

Reddit Raises New $50 Million Round Of Funding

Reddit said on Tuesday that it has closed a new $50 million round of outside funding led by Y Combinator President Sam Altman with participation from Sequoia Capital’s Alfred Lin and Andreessen Horowitz’s Marc Andreessen. Other investors mentioned further down…

Google Capital Backs InnoLight, Its 9th Company

Google Capital, along with Lightspeed China Partners, co-led a Series C round of funding totaling $38 million into InnoLight Technology, according to a new report from The Wall Street Journal. This would be Google Capital’s first investment in China. InnoLight…

Snapchat’s $10 Billion Valuation ‘Not Absurd’ Says Twitter CEO

Reacting to the news that ephemeral messaging app Snapchat was moving fast toward a $20 million investment from Kleiner Perkins at a $10 billion valuation, Twitter CEO Dick Costolo is defending it – calling it “not absurd.” “Crazy growth, clear…

Google Capital Backs Thumbtack, Its 8th Company

Google Capital is leading a $100 million series D round of funding in Thumbtack, a service that is described as helping people “accomplish the personal projects that are central to their lives”. Also contributing to the funding are past investors…

Snapchat Is Apparently Worth $10 Billion

Snapchat has been reported as the fastest-growing social app. It’s inspired an absolutely pointless ripoff from a huge international company. It’s so popular among teens that it’s making them lose their frickin’ minds. But is it really worth $10 billion?…

Uber Is Now a $17B Company After Latest Funding

On-demand car service Uber has just announced a massive $1.2 billion injection from “some of the leading investors in the world,” which values the company at $17 billion (not counting what they already have in the war chest). With that…

Here’s Why Pinterest’s New Funding Is Good News For Your Business

Pinterest has reportedly raised a new $200 million round of funding, valuing the company at $5 billion. Investors are apparently impressed with the direction the already popular visual social media site is taking, which includes new native ads and enhancements…

Imgur CEO Talks Plans For New Funding, Relationship With Reddit [Exclusive]

Imgur announced this morning that it has raised $40 million in a series A round of funding led by Andreessen Horowitz. General partner, Lars Dalgaard will take a Board of Directors seat with the company. Reddit, which gives Imgur more…