amplify News of 04/04/20
Anyscale, From The Creators Of The Ray Distributed Computing Project, Launches With $20.6m Led By a16z
Open source has become a critical building block of modern software, and today a new startup is coming out of stealth to capitalise on one of the newer frontiers in open source: using it to build and manage distributed application environments, an ...
Why Are Revenue-Based VCs Investing In So Many Women And Underrepresented Founders?
David Teten Contributor Share on Twitter David Teten is a Venture Partner with HOF Capital . He was previously a Partner for 8 years with HOF Capital and ff Venture Capital . David writes ...
Why This Nigerian Fintech Startup Is Volunteering Audited Financials
Nigerian fintech firm Carbon — an early stage financial services startup based in Lagos — has posted financials audited by KPMG on its website. This comes four months after the company obtained a credit rating as a pre-IPO venture. Carbon ...
MyndYou Partners With Mizuho To Expand Senior Care Services Assessing Cognitive Degeneration
MyndYou , which has developed a technology to assess cognitive degeneration in senior citizens, has partnered with the Japanese company Mizuho Information & Research Institute to test the company’s product for a potential nationwide ...
Fastly Pops In Public Offering Showing That There’S Still Money For Tech IPOs
Shares of Fastly , the service that’s used by websites to ensure that they can load faster, have popped in its first hours of trading on the New York Stock Exchange. The company, which priced its public offering at around $16 — the top ...
Africa Roundup: Jumia Files For IPO, OneFi Acquires Amplify, FlexClub Expands In Mexico
Less than a decade ago IPOs, acquisitions, and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene. Pan-African e-commerce company Jumia filed for an IPO on the New York ...
Nigerian Fintech Startup OneFi Acquires Payment Company Amplify
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment ...
Summersalt Raises $6m For Its Direct-To-Consumer Line Of Eco-Friendly Swimsuits
Founders Fund has led the $6 million Series A for Summersalt , an early-stage e-commerce startup embracing the next-gen consumer’s penchant for inclusivity and affordability. Headquartered in St. Louis, the 1-year old company sells ...