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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. billion in a round led by the private equity firm GPI Capital this week. Vianai raises $50M seed to transform machine learning. The business has closed a $3.85 Stripe nabs another $250M at a $35B valuation.

Services 207
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Best Buy Acquires GTCR’s GreatCall for $800M, Eyeing Aging Boomers

Xconomy

Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year. GreatCall operates a virtual mobile telecommunications network for a customers base of more than 900,000 elderly consumers.

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Convoy Reloads With $185M For Its Freight Shipment Marketplace

Xconomy

Convoy , an online marketplace that connects shippers with freight truck fleets and independent drivers, announced today it raised $185 million in a Series C fundraising round led by CapitalG, the growth equity investment fund of Alphabet, Google’s parent company. With the online network covering more ground, it can offer more options.

Equity 54
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Automation Anywhere Scores $250M To Globalize Bot Workforce

Xconomy

The San Jose, CA-based company, begun in 2003 by four co-founders who bootstrapped its funding, has built a customer base of 1,100 firms including Google, GM, Siemens, Cisco Systems, LinkedIn, Comcast, and Juniper Networks. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Google 68
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Xconomy Announces Channel Focused on the Future of Education

Xconomy

This dedicated portion of our website, featuring its own home page, will bring together all articles about education and edtech from across our 11-market network. We’d like to offer a big thank you to our launch sponsors/underwriters who have joined us to support this new channel: the Lumina Foundation and Alexandria Real Estate Equities.

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Announcing Xconomy’s Agtech and Food Channel

Xconomy

This channel of our website, with its own home page, will feature all articles about these subjects and related topics from across our 11-market network. Xconomy editors around our network will be contributing to the new channel. and Cybersecurity. Today we have three articles to kick off our coverage.