India’s Rentmojo, which rents out home appliances and furniture, raises $5M

Screenshot 2016-07-14 20.37.48 Rentomojo, a startup pioneering an interesting alternative for furnishing homes in India, has landed $5 million in fresh financing to further scale its business. The money was provided by Accel and IDG Ventures, and it follows a $2 million raise last November from the same investors. Read More

DCM just raised a new $500 million fund — after returning $1.5 billion to its investors

sanfrancisco-venture-capital-photographer-lizcaruana DCM Ventures, the 20-year-old, early stage venture firm, with offices in Menlo Park, Ca.; China; and Japan, has just closed its eighth early-stage fund, DCM VIII, with $500 million. The fund came together on the heels of two other funds that DCM has raised in the last 18 months, including a $170 million “Turbo Fund” that DCM is using to invest in growth-stage companies (that… Read More

NVIDIA releases its own VR game ‘Funhouse’ to the masses through Steam

balloon_knight_4_1467835130 As of this morning, NVIDIA is in the game publishing business. In its own weird, roundabout sort of way. The company has pushed its first title out to Steam, offering players seven mini-games under the Funhouse umbrella (with a total of ten planned for eventual roll out). But while the Funhouse is as fully playable as one would expect from a Steam-distributed title, it is as much a showcase… Read More

Amazon’s AWS buys Cloud9 to add more development tools to its web services stack

clouds Amazon Web Services has made an acquisition to continue building out the services that it offers around and on its cloud storage platform. It has bought Cloud9, a San Francisco-based startup that has built an integrated development environment (IDE) for web and mobile developers to collaborate together. The news was made public by Cloud9 itself in a statement on its site, which also says… Read More

DraftKings CEO Jason Robins will talk daily fantasy sports at Disrupt SF

Jason Robins, chief executive officer of DraftKings Inc., sits for a photograph after a Bloomberg Television interview in New York, U.S., on Friday, Sept. 4, 2015. Robins discussed the company's expansion into the U.K. Photographer: Chris Goodney/Bloomberg via Getty Images Anyone who is interested in sports knows that daily fantasy sports has became the next big thing. And leading the charge is DraftKings, a four-year old technology company that has already raised over $400 million dollars at over a billion dollar valuation. But it wasn’t an easy ride. In its short lifespan, DraftKings has already been the center of an FBI and Justice Department… Read More

 

Google under fire again from Europe’s antitrust regulator over AdSense, comparison shopping

DUBLIN, IRELAND - APRIL 19: (FRANCE OUT) A general view outside the Google European headquarters, on April 19, 2016 in Dublin, Ireland. (Photo by Vincent Isore/IP3/Getty Images) After years of battles in Brussels and beyond, search giant Google has come under yet more fire from antitrust regulators in Europe concerned about the its dominance in online advertising. Today, the European Commission announced that it has sent further Statements of Objections to the company, accusing it of abusing its dominant position in search in areas like comparison shopping services… Read More

 

Zenrez raises $2 million to take on ClassPass

Zenrez_yoga1 ClassPass is not the only startup looking to disrupt the fitness class business. Zenrez also lets users book yoga sessions on demand, but without the packages or the monthly membership costs. The Zenrez app, which like ClassPass is powered by MindBody, shows nearby fitness classes on a map. The pay-as-you-go service is specifically designed for last-minute bookings — users can only… Read More