Snapchat renames company Snap, unveils Spectacles
Snapchat has changed its corporate name to Snap Inc. in an effort to be known as more than a messaging app provider, the company announced over the weekend. Snap also introduced its first hardware product, a pair of glasses with an integrated video camera called Spectacles.
Early stage VC Canvas Ventures raises $300M
Silicon Valley-based early stage investor Canvas Ventures has raised $300 million for a new fund focused on U.S. software and services startups.
Nutanix on tap for year’s biggest U.S. tech unicorn IPO
Nutanix, a provider of virtualized storage technology, is slated to go public this week in what promises to be the largest offering of a U.S. tech company so far this year. San Jose, Calif.-based Nutanix previously raised more than $300 million in venture capital, with a recent valuation above $2 billion.
Hardware venture investment on the rise
In the first half of 2016, venture investors allocated $1.7 billion across 120 hardware deals — more dollars than any other six-month period in a decade, according to a TechCrunch report citing data from Crunchbase and hardware VC Bolt.
|
