Xeneta Raises $80 Million to Build Real-Time Analytics Platform for Shipping and Air Freight • TechCrunch


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Incomparable Mike Butcher Just celebrated 15 years at TechCrunch. You get quite a bit for murder these days, so that’s a pretty big story, and (as far as we know) he didn’t even seriously injure, much less murder, kill anyone. Great job Mike, glad to have you here with us! – Christine And came

TechCrunch’s Top 3

  • Congestion of the shipping worldThey provided $80 million to Xeneta backers at a cost of $265 million to determine air and sea freight rates for the Norway-based company. Ingrid Reports. Xeneta has already obtained 300 million data points from the world’s 100 largest shipping companies to determine the market value for certain lines.
  • Say a voice.Floor volume just got higher – Sonos’ new mini-subwoofer will drop on October 6 in some markets. Darrell It has more.
  • Keep reaching for that bag: Digital Wallet Got Some Open Source Love, Paul Reports. The Linux Foundation has created the OpenWallet Foundation to develop interoperable digital wallets and replace your currency into a physical wallet.

Startups and VCs

Meta Platforms is eyeing the Indian startup ecosystem as it strengthens its bets on the Meta opposite. Social Juggernaut has partnered with India’s Ministry of IT’s Startup Center for Augmented Reality and Virtual Reality to expand innovation in the country. Manish Reports.

Following this week’s closing of the Ultimaker/MakerBot merger, the combined company is announcing a new name. It is known as a legal entity [drumroll, please] Alti Maker Yes indeed. As far as compound nouns go, it’s not particularly interesting, as Brian comments in the article — but the executive shakeup has some more juicy details in it: MakerBot’s CEO steps up and Ultimaker’s CEO steps down.

You sold your company. what now

Image Credits: Nodar Chernyshey/Ain (Opens in a new window) / Getty Images

Taking a company from concept to acquisition is a real accomplishment, but not the bottom line, according to investor and frequent TC+ contributor Marjorie Radlo-Zandy.

“You may think that the acquirer really understands your products, values, culture, or the needs that drive the customer’s business,” she writes. “Employees wonder if there will be a place for them as part of another company.”

In her latest column, she shares “six guiding principles that set up marketing for success” so you can earn your full income.

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here.. Use code “DC” for 15% off annual subscription!)

Big Tech Inc.

It’s kind of like Twitter for a day! Elon Musk may have regretted one of his choices, but today, most of Twitter’s shareholders had faith in themselves — giving Musk the green light for a $44 billion buyout offer. Taylor He wrote. Paul The social media giant says Twitter and Musk will appear in court on October 17 to force Musk to complete the purchase. In other Twitter news, we’re excited. ZachPeter Zatko, who can now go by “Mudge” and people know who he is, testifies to Congress about what was uncovered about the company. Even today, Aisha It reports on Twitter that it will be streaming podcasts to Blue subscribers.





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