Search Results for: startup

IT Security remains a Top Concern for Tech Startups

Staff Writer
Kaspersky

The increase in the amount of data breaches and cyber attacks have resulted in a rise in the number of conversations surrounding IT security for small businesses. While the resulting conversation is an important one, all too often small businesses simply don’t have the time to research and understand the onslaught of technological solutions that are available to them. This widespread lack of education is growing as cybersecurity solutions continue to be developed and released at unprecedented levels. With these challenges in mind, the increase in IT security conversations has…

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A Startup Has Developed An Artificial Intelligence That Can compete with Google

artificial intelligence

There is something familiar about fears that new machines will takeover human activities. Today, the machinery question is back with a vengeance. The entire tech industry has fallen hard for a branch of artificial intelligence called deep learning. The AI involves throwing massive amounts of data at a neural network to train the system to understand things like speech and images.The deep learning allows systems to learn and improve by crunching lots of examples rather than being explicitly programmed. Acording to Forbes, a new startup coming out of stealth called Gamalon , claims…

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The Internet of Things has Inspired a New Startup Niche

Staff Writer
Internet

The Internet of Things has hugely expanded the number of home security products on the market reports The Entrepreneur. Computers were pretty much the only devices that connected to the internet some years back. These days, that idea is a fairytale. The reality is an incredible number of products are now connected to the web, from refrigerators to watches, clothing, cars, thermostats, light bulbs, and alarm systems. By 2020, an estimated 20-plus billion items will belong to the so-called “Internet of Things” (IoT). The Internet of Things has made possible unprecedented innovations in home…

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21% of British startups plan to open a European office due to Brexit

The vote to leave the EU left some start ups questioning where their future lies, particularly if they’re confronted with issues around employing foreign staff. Currently, One in every five UK start ups intends to open a European office due to Brexit, according to survey results published Tuesday by Silicon Valley Bank. It found that 21% of UK startups are planning to open up a new office in cities such as Berlin, Paris, and Stockholm, which are all trying to take on London’s Tech City. The survey also found that around…

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MIT Global Startup Lab Program Applications Are Now Open

MIT

The MIT Global Startup Labs Program is headed to South Africa and  tech entrepreneurs, both new and established have until the end of May to submit their new and innovative tech ideas. The joint initiative by MIT, WITS University and the Johannesburg Center for Software Engineering (JCSE) will see students gain first hand experience in the entire process of developing tech startups. Since 2000, MIT Global Startup Labs has been sending over 150 MIT instructors to teach over 2,000 students in 14 countries through partnerships with universities in emerging regions.…

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The 10 Startups To Pitch at Seedstars World South Africa Have Been Announced

Staff Writer
Seedstars

It’s an interesting month for startups in South Africa as Seedstars World, a global seed-stage startup competition begins its tour this week in Cape Town. The ten startups that will pitch to a panel of judges have been selected for the event that will take place at Workshop 17 as techmoran reports. After the pitching, the top three startups out of the ten will be invited to Johannesburg where they will compete against the best startups from Durban and Soweto. After these competitions, one startup will be named the most…

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2016 Innotribe Startup Challenge Winners Announced

Innotribe

The winners of the 2016 Innotribe Startup Challenge were announced yesterday in Mauritius. The winners were South Africa’s Hello Paisa, a low cost international money transfer solution and The Sun Exchange, which deals with crowd lending for solar energy and Cameroon’s WeCashUp, that deals with mobile money transfer across Africa. The three each received a 10,000 USD cash prize. They also received invitations to attend Sibos, SWIFT’s annual global financial services conference that will take place in Geneva from the 26th to the 29th of September, techmoran reports. Sido Bestani,…

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Yahoo-backed E-commerce search startup Twiggle gets $12.5M Series A Funding led by Naspers

E-commerce operator Naspers led a $12.5 million investment that Twiggle will use to expand globally. (Bloomberg)—A Yahoo Japan-backed Israeli startup, Twiggle, has lined up a funding round led by Naspers Ltd., the Cape Town, South Africa-based group known for its early investment in Chinese e-commerce site Tencent Holdings Ltd. Twiggle, a web- and mobile-based service focused on search, aims to license its software to leading online retailing companies around the world and will use the $12.5 million in funding to expand globally. Using machine learning, artificial intelligence and natural language…

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Here the 10 biggest 2016 startup opportunities

Staff Writer
Mobile Apps

The year 2015 was all about drones, virtual reality, 3D printing, and the Internet of Things (IoT). This year, venture capitalists and industry observers say the tech world should expect more of the same. “Most hot startups in 2016 won’t be trying to lead revolutions or usher in whole new industries,” says Igor Shoifot, an investment partner with TMT Investments. “Instead, they’ll be enhancing existing technologies, products, services, or transactional ecosystems by saving users time, money, effort, and helping them make better choices more easily.” However, according to CIO, the…

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Data Breaches: First half of 2015 saw venture firms invest $1.2 billion in cybersecurity startups

Staff Writer

Data Breaches Boost Funding for Cybersecurity Startups Extract: In the 2015 first half, venture firms invested $1.2 billion in cybersecurity startups, according to researcher CB Insights. That is down slightly from $1.4 billion a year earlier but up sharply from $771 million in 2013’s first half. The shift is particularly notable at Andreessen Horowitz, which used to view security companies as necessary for Internet safety but less lucrative than other technology niches. One reason is that cybersecurity startups were often acquired prior to an initial public offering, says Scott Weiss,…

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