Fundings & Exits – TechCrunch 24 January 2018

AWS beefs up threat detection with Sqrrl acquisition

 AWS has purchased Sqrrl, a Cambridge, Massachusetts security startup with roots in the NSA. The company helps analyze a variety of sources to track and understand security threats quickly using machine learning. The announcement appeared on the Sqrrl home page in note from company CEO Mark Terenzoni. “We’re thrilled to share that Sqrrl has been acquired by Amazon. We will be… Read More

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Fleet raises $10M Series A to make international logistics speedier and more transparent

 Fleet, a startup focused on making international logistics less onerous for small companies, announced that it has raised a Series A of $10 million. The round was led by Lufthansa Cargo, the German airline’s air cargo subsidiary, with participation from new and returning investors Hunt Technology, UPS, UP2398 and 1517 Fund. Read More

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Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment

 Carmudi, a Rocket Internet-backed company that sells cars online in emerging markets, has raised $10 million to develop its business in Southeast Asia after reducing its global footprint. The company was formed in 2013 and, at peak, it grew to cover over 20 markets across Asia, the Middle East, Africa and Latin America. To support that global push, Carmudi raised $10 million in 2014 and then… Read More

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Nexar gets $30M Series B for its AI-based road safety dashcams and network

 Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk Ventures. Read More

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TeacherGaming, a startup from MinecraftEdu team, raises $1.6M to put games into the classroom

 TeacherGaming, a new startup from the team behind MinecraftEdu, a company that helped teachers use Minecraft in the classroom that was subsequently acquired by Microsoft, has picked up $1.6 million in seed funding. Read More

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