Duncan Riley
Latest from Duncan Riley
Online pharmacy startup PillPack, Inc. has raised $50 million Series C in a round led by CRV that also included Accel Partners, Atlas Venture, Menlo Ventures, and Sherpa Ventures. Founded in 2013, PillPack aims to take on pharmacy giants such as The …
Pinterest to support in-app purchases in coming weeks with new “buyable pins” feature
Pinterest, Inc. is heading into the e-commerce market with an announcement Tuesday that it was introducing the ability for users to buy items pinned in their social sharing site. The “buyable pins” complete with “buy it” button, which is shown in blue …
Augmented reality firm Magic Leap to release SDK for third party development
Google, Inc. backed augmented reality startup Magic Leap, Inc. is set to open up its platform for external developers. The company announced at the MIT Technology Review’s EmTech Digital conference Tuesday that it wants game developers, filmmakers, and other media creators to build augmented reality …
Google project tells you how fattening the food in your Instagram photos is
Do you like to post food pictures to Instagram? keen on artificial intelligence? worried about your waist line? then Google, Inc.’s new project might be for you. Demoed at Boston’s Rework Deep Learning Summit last week, Im2Calorie is reported to analyse food photographs …
Report: Apple’s streaming service to cost $10, includes celebrity DJs
Apple’s forthcoming music streaming service may well take on Spotify AB in more ways than one, including curated channels complete with celebrity disk jockeys. According to a report Monday, the new service, as yet officially named, will be offered for $10 a month, …
Machine data intelligence company Sumo Logic raises $80m Series E
Machine data intelligence company Sumo Logic, Inc. has raised $80 million Series E in a round led by DFJ Growth that included new investor Institutional Venture Partners, along with existing investors Greylock Partners, Sequoia Capital, Sutter Hill Ventures and Accel Partners. Founded in …
Report: Microsoft acquires the company behind Wunderlist for $100-$200m
Microsoft Corp. is reported to have acquired German company 6Wunderkinder GmbH, the makers of the list making application Wunderlist. The Wall Street Journal quotes sources that put the acquisition figure as between $100 million and $200 million. 6Wunderkinder was founded in 2010 with the …
End of an era: Urbanspoon closed following Zomato acquisition
Zomato Media Ptv Ltd has closed iconic restaurant reviews site Urbanspoon following their acquisition of the site from IAC/InterActive Corp. in January. Urbanspoon was nine years old at the time of closure and was among the early wave of what was then …
Sold: Intel picks up chip maker Altera for $16.7b
Coming far quicker than we suggested late yesterday, Intel Corp. has acquired Altera Corp. at an increased valuation than previously suggested, of $16.7 billion. The news comes after a period where the two agreed to negotiate an acquisition, but couldn’t agree, until …
Multifaceted smart home system Oomi gets some serious love on Indiegogo, and for a reason
Smart home package Oomi from Fantem Pty. Ltd. has hit new record highs for a smart home startup on Indiegogo this week as word on what’s on offer continues to spread. Smart home packages aren’t exactly new, and they are a dime a dozen …