Spotify acquires customer service and retention software company Preact

Spotify has announced its acquisition of Preact, a US-based provider of customer service and predictive analytics software. Terms of the acquisition were undisclosed. Founded in 2012, Preact had raised around €10 million in funding to date, from Atlas Venture, Launchpad LA, Bee Partners and other investors. “Finding the trends and behavior patterns in our data […]

AI translation startup Unbabel secures $5 million from Notion and Caixa

Unbabel, the AI-powered language translation platform, has raised $5 million from Notion Capital and Caixa Capital along with Faber Ventures and Shilling Capital Partners. Unbabel is a Portuguese-founded startup now headquartered in San Francisco that graduated from Y Combinator in 2014. It now intends to use its new funds to enhance its proprietary tech, namely […]

Airbnb management service Hostmaker raises $1.1 million in fresh funding

Airbnb hospitality management service Hostmaker has raised $1.1 million in funding, led by Initial Capital and existing investors DN Capital and DSG Consumer Partners. The UK-based startup, founded in 2014, provides a hospitality management service for short term rentals for homeowners where they can manage their accounts, listings, cleaning, and maintenance much like a traditional […]

SaaS Wars: Europe Awakens

Accel partner Philippe Botteri believes in a bright future for European SaaS firms, and the investor has identified 100 promising companies in the category.

Paris-based Aircall raises $8 million to boost its global growth

Aircall, a Paris startup that builds cloud-based call centre software, has raised $8 million in a Series A round led by Balderton Capital with participation from FJLabs. This new round of funds will be used to enhance the company’s international growth, particularly in the US where it has a New York office. It currently has […]