Robotic process automation (RPA) unicorn UiPath last night priced its IPO at $56 per share, above its raised price target range of $52 to $54. The company sold 9,416,384 shares at that price, alongside 14,474,393 from existing shareholders. Its underwriters can purchase 3,583,616 shares at its IPO price if they so choose. UiPath raised $527.3
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Facebook and its family of apps have long grappled with the issue of how to better manage — and eradicate — bullying and other harassment on its platform, turning both to algorithms and humans in its efforts to tackle the problem better. In the latest development, today, Instagram is announcing some new tools of its
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European Union lawmakers have presented their risk-based proposal for regulating high risk applications of artificial intelligence within the bloc’s single market. The plan includes prohibitions on a small number of use-cases that are considered too dangerous to people’s safety or EU citizens’ fundamental rights, such as a China-style social credit scoring system or certain types
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WayUp started out as a platform to help college graduates find jobs and internships, but over time, it has increasingly focused on helping employers find diverse job candidates. And it recently introduced a new feature to help those employers see exactly where their diversity and inclusion efforts may be falling short. Co-founder and CEO Liz
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Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital table. CEO and founder Michael Chasen said that Marc Benioff, the CEO of Salesforce, approached the company
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Apple has unveiled a new, colorful iMac today with an Apple-designed M1 chip. But that was just part of the story as the company used that opportunity to release new Mac accessories. In addition to a Magic Trackpad and a Magic Mouse with multiple color options, Apple is bringing Touch ID to desktop Macs with
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Pragma is building what it calls a “backend as a service,” providing ready-made infrastructure to developers of online, live service games. And it’s announcing today that it has raised $12 million in Series A funding. The round was led by David Thacker at Greylock, with participation from Zynga founder Mark Pincus, Oculus founder Nate Mitchell
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On the heels of Clubhouse’s latest fundraise, Reddit today officially unveiled its Clubhouse rival, Reddit Talk following a recent report from Mashable that revealed the company had been developing audio-based social networking features. Like many of the newly launched Clubhouse clones, Reddit’s voice chat experience hasn’t deviated much from Clubhouse’s overall design where speakers sit
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Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. The round was led by Wavemaker Partners, which
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  Qapita’s co-founders. Fom left to right: Vamsee Mohan, Ravi Ravulaparthi and Lakshman Gupta Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. The round was led by MassMutual Ventures, with participation from Endiya Partners and angel investors including Avaana
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