News Archives | Page 642 of 1015 | CREtech

CRETech December 27, 2019
The Japanese technology conglomerate is now likely to enter the new year without the WeWork financing in place, the people said, adding the banks are also concerned about the risks involved in rescuing the U.S. office-sharing startup. Mizuho Financial Group Inc, Mitsubishi UFJ Financial Group Inc (MUFG) and Sumitomo Mitsui Financial Group Inc (SMFG) are seeking ways to provide the financing while...
CRETech December 27, 2019
The AI talent grab is real. This year alone, Pinterest CTO Vanja Josifovski jumped ship to Airbnb, while Pinterest hired Walmart CTO Jeremy King to head up its engineering team. Moreover, all the big tech companies, including Google and Apple, have for some time been vacuuming up AI talent through acquisitions — a recent CB Insights report noted 635 AI acquisitions since 2010, topped by Apple wi...
CRETech December 27, 2019
Technology in commercial real estate is finally exploding. Real estate tech investment had its best year in 2019, and 2020 is expected to be even better. Institutional investors are driving this change by piloting tech programs and software in select properties and markets to demonstrate the benefits.
CRETech December 27, 2019
Once the gatekeepers to sales listings, real estate agents are increasingly in front of another key aspect of the home-buying process: the financing. To help clients increase their purchasing power, a number of residential brokerages have launched bridge loan programs that let clients borrow money to pay for a new home before they sell their old one. In addition to boosting sales, the programs are...
CRETech December 27, 2019
S3 Ventures, Altos Ventures, Operating Venture Capital, and Darren Bechtel of Brick & Mortar Ventures also participated in the financing, which brings the New Orleans-based company’s total raised since it was founded in 2008 to $47 million. (Levelset ranks among the most-funded startups in Louisiana today, according to Crunchbase data.) CEO Scott Wolfe founded Levelset after Hurricane Katr...
CRETech December 27, 2019
The network will be based on Semtech’s LoRa devices and the LoRaWAN protocol. According to the Seoul government, the Smart Seoul Network, or “S-Net,” will provide all citizens with the basic right to Internet access. The main aims of the S-Net project are the establishment of a municipal broadband network, deployment of free-to-use wi-fi networks and increased integration of IoT infrastructu...
CRETech December 27, 2019
Levelset, the New Orleans-based tech company that helps construction contractors manage and complete the tangle of compliance paperwork needed to secure payment in a timely manner, announced today a $30 million round of funding led by Horizons Ventures with participation from S3 Ventures, Altos Ventures, Operating Venture Capital, Michael Gollner and Darren Bechtel of Brick & Mortar Ventures, ...
CRETech December 27, 2019

HomeLane, a Bangalore-based startup that helps people manage home renovations and interior design, today announced it has raised $30 million in a new financing round as it looks to expand its proprietary technology.

The financing round, dubbed Series D, was led by Evolvence India Fund (EIF), Pidilite Group and FJ Labs. Existing investors Accel Partners, Sequoia Capit...
CRETech December 27, 2019
Take a character from Mad Men out of the 1960s and plop him down in most U.S. office spaces until about 2010 and — except for desktop computers and women in positions of authority — things would look pretty similar to him. Bring him forward to today, however, and he'd be in much less familiar terrain. Fundamental change has come to the office sector over the last 10 years, in the way it l...
CRETech December 27, 2019
CompStak recently completed a $14 million Series B fundraise and is looking to break into new markets and take on new customers. Mandel said that Fano’s connections in the real estate business will certainly be an asset, but said CompStak will benefit as much from Fano’s expertise in how to manage that growth internally. While at WeWork, Fano helped to double annual revenues for four consecut...