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Archivos Mensuales: octubre 2018

The Ever-Cheaper Cloudera-Hortonworks Merger

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At the start of October, Cloudera and Hortonworks announced they would merge, forming a valuable hybrid-cloud shop built on open source technologies, like Hadoop. Follow Crunchbase News on Twitter The $5.2 billion merger caught our eye as it includes two companies that are recent-ish IPOs. The Cloudera IPO run is known …

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Freelance & Founder Banking Platform Seed.co To Shut Down Its Customer-Facing Service

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On Wednesday, San Francisco-based Seed, a venture-backed online banking platform for freelancers and small business owners, sent an email to its users announcing it will be winding down its customer-facing service. Follow Crunchbase News on Twitter In response to inquiries from Crunchbase News, Seed co-founder Brian Merritt said that “We’re …

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After canceling ‘Rift 2’ overhaul, Oculus plans a modest update to flagship VR headset

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Facebook’s virtual reality arm may soon find itself in the unfamiliar position of playing catch-up with hardware competitors. Last week, TechCrunch reported that Oculus co-founder Brendan Iribe had decided to leave Facebook partially due to his “fundamentally different views on the future of Oculus” and decisions surrounding the cancellation of …

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Lime recalls some scooters due to fire concerns

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Lime, the electric scooter and bike-share startup, has pulled some of its scooters from the streets of Los Angeles, San Diego and Lake Tahoe. That’s because of two hardware challenges the company has experienced, Lime wrote in a blog post last night. In August, Lime says it became aware of …

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Monzo Raises £85M As More Startups Take On Big Banks

Today, another personal banking startup raised a bag of money. Monzo, a U.K.-based banking platform, has raised a £85m (about $108M) Series E led by General Catalyst. Accel and the company’s existing investors—Thrive Capital, Stripe, Orange Digital Ventures, and others—also participated in the round. The company is valued at more …

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Lendix is now called October

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French startup Lendix is changing its name to October. The company is using this opportunity to redesign its branding assets and refresh the design of the website for new users. The product remains the same — a lending platform connecting individual and institutional investors with small and medium companies. October had …

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