Mirantis, one of the last pure play OpenStack startups left standing announced a major win today when VW chose them over Red Hat for an enormous OpenStack implementation. It was huge for Mirantis and for the open source OpenStack project. VW knew it wanted to run a private cloud on OpenStack. The only question was the […]
AccorHotels is acquiring Onefinestay for around $170 million (£117 million). The company is also committing to a $70 million investment in Onefinestay (£50 million) over the next few years. Onefinestay is a London-based startup that provides an Airbnb for high-end homes combined with a hotel-like service for hosts and travelers. The startup raised $40 million […]
The good folks at Reddit are already getting their Redditors fired up about the massive document dump we reported earlier this evening. There’s an official link to the trove of information that more than 200 journalists have been combing through for the better part of a year available here. And there’s an informational video available […]
Snapchat 2.0 Is Not A Disappearing Teen Fad Ignore Snapchat at your own peril. It’s a lot more than sexts and ephemeral photos. Today’s Chat 2.0 update makes Snapchat a competitor to your phone itself. What started as an app for horny high school kids has blossomed into the most vibrant communication platform on the […]
Today, a $2.3 million private-public partnership called the Global Accelerator Learning Initiative (GALI) is releasing its first major report, in collaboration with Village Capital, a seed-stage accelerator that operates development programs for early-stage entrepreneurs around the world. Led by the Aspen Network of Development Entrepreneurs (ANDE), the goal of GALI is to determine how effective accelerator programs really […]
Apple’s unveiled its new four-inch iPhone SE and 9.7-inch iPad Pro earlier this week, and now the two devices are up for pre-order in the first wave of countries. Customers in 12 countries — Australia, Canada, China, France, Germany, Hong Kong, Japan, New Zealand, Puerto Rico, Singapore, UK and U.S. — can go ahead and prepare to part with their […]
There’s more money flowing into India’s e-commerce space after BigBasket, a Bangalore-based company that sells and delivers groceries online, landed a $150 million investment led by The Abraaj Group in the UAE. The Series D round also includes participation from new backers International Finance Corporation and Sands Capital, as well as existing investors Bessemer Venture Partners, Helion Advisors, Zodius […]
Japanese startup Whill’s Model M, a motorized wheelchair alternative, has received clearance from the Food and Drug Administration in the United States. This means that the Model M can now be prescribed by physicians as a medical device and covered by insurance. Whill has raised about $12.85 million in funding so far from investors including the […]
Aaron Levie Crunch Network Contributor Aaron Levie is the Chief Executive Officer of Box. More posts by this contributor: How to join the network Thomas Watson, the founder of IBM, presciently once said, “I think there is a world market for maybe five computers.” While a seemingly absurd notion on the surface, it’s becoming a […]
As part of the flurry of retrospectives tied to Twitter’s 10th anniversary, the company is also looking back at the history of advertising on Twitter. Granted, that probably doesn’t give you the same nostalgic twinkle as Jack setting up his “Twittr,” but, like it or not, it’s still an important part of the company’s story. […]