Cohere secures $35M in funding led by Telstra

Santa Clara-based Cohere Technologies has lined up $35 million in Series C funding from a group of investors led by Australia’s leading operator Telstra. Cohere, which was set up in 2011, has developed a modulation technology — Orthogonal Time Frequency …

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Moovit to enter Asia with $50M investment

The Israeli company behind transport app Moovit announced Series C funding totalling $50 million, with which it plans to expand into untapped markets. Moovit is a free iOS and Android app that provides the best public transport routes using real-time …

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App Annie gets $55M investment boost

App Annie, which provides analytics for app developers and publishers, secured $55 million in Series D funding as it capitalised on the strong progress it made during 2014. The money will be invested in product development and accelerated international expansion, …

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Anonymous messaging app YikYak attracts funding despite controversy

The US company behind anonymous messaging app YikYak secured funding to the tune of $62 million, giving it a valuation of between $300 million and $400 million, according to The Wall Street Journal (WSJ). Launched a year ago, YikYak is …

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Kik bags $38.3M investment, announces first acquisition

Kik Interactive, the Canadian company behind the Kik messaging app, secured $38.3 million in Series C funding and announced its first ever acquisition, as it reached 185 million users. The company plans to use the funding to invest in product …

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