Divido raises £2.5M to let you spread cost of purchases while retailers get paid immediately

Divido raises £2.5M to let you spread cost of purchases while retailers get paid immediately

The UK’s Divido is one of a number of startups and tech companies operating in the point of sale consumer finance sector. Its alternative payment option lets customers spread the cost of any purchase over a period of time while the retailer gets paid in full right away.

Velocity raises $22.5M Series B to build ‘Uber for Experiences’

Velocity raises $22.5M Series B to build ‘Uber for Experiences’

Digital hospitality platform Velocity announced this week that, following its $16 million Series A last year, the company raised $22.5 million led by DIG Investments. The company creates curated dining experiences for time-poor diners looking to expand their horizons. The money will be invested in expansion to 29 cities over the next three years, with a heavy focus on the U.S.

Food startup Deliveroo raises $275M as Uber eats into its European market

Food startup Deliveroo raises $275M as Uber eats into its European market

Deliveroo, a popular on-demand restaurant food delivery startup in Europe, has raised another $275 million in funding, a Series E investment that we have heard from sources values the company at around $1 billion. This latest round is led by new investor, Bridgepoint, previous investors DST Global and General Catalyst, and also had participation from existing investor Greenoaks Capital.

Integrated Solution Drives Intelligent Action By Connecting Assets, Systems And People To Improve Operational Efficiency

Integrated Solution Drives Intelligent Action By Connecting Assets, Systems And People To Improve Operational Efficiency

 San Mateo, Calif., June 21, 2016 – Space‐Time Insight, Inc., the leading provider of situational intelligence solutions, today announced the acquisition of Industrial Internet of Things (IIoT) company GOFACTORY. With the acquisition of GOFACTORY, Space-Time Insight strengthens its leadership in real-time visual analytics with the addition of proven IIoT technologies and deep industry expertise. The acquisition will enable Space-Time Insight customers and partners to take advantage of the innovative, highly-scalable GOFACTORY cloud service to capture and analyze an unprecedented level of data from connected assets, systems and people in real-time. GOFACTORY was named to Gartner’s 2015 Cool Vendors List for Mobile and IoT Security.

Tinder acquihires Humin to go beyond dating, and get an SF office too

Tinder acquihires Humin to go beyond dating, and get an SF office too

Dating app Tinder is acquiring Humin the San Francisco startup which took a high-wire approach to contact management, trying to merge lots of disparate information into one contact app. Terms were undisclosed by TechCrunch understands from multiple sources that this roughly equates to an acqui-hire scenario.