You are here

WestBridge leads Series B investment in healthcare data firm Innovaccer

Innovaccer Inc., a Silicon Valley-based healthcare data platform, has raised $25 million (Rs 168 crore) in a Series B round of funding led by Westbridge Capital, a company statement said. US-based venture capital firm Lightspeed Ventures also participated in the round, the statement added. With this investment, the total capital raised by Innovaccer stands at $41 million. Innovaccer will use the funds to continue building its data platform by leveraging its machine learning capabilities and to create a set of new patient engagement applications and platform capabilities for partners to…

Read More

Samsung the Third Most Reputed Firm in the US: Report

South Korea’s No.1 tech firm Samsung Electronics Co. was named the third-most reputable company in the US, an industry tracker said on Wednesday. Samsung’s rival, the top tech giant Apple Inc., remained out of the top 100, Yonhap news agency reported. According to research conducted by US-based Reputation Institute, the South Korean tech giant came in behind Amazon.com Inc. and Hallmark Cards Inc. in terms of reputation in the country. Foodstuffs maker Kellogg Company, Japanese tech giant Sony Corp. and Johnson & Johnson followed Samsung on the list. Switzerland-based watch…

Read More

Apple Says Not Making an Offer for GPU Firm Imagination Technologies

Apple said on Tuesday it had talked about buying its supplier Imagination Technologies but did not plan to make an offer for the British graphics chip designer at the moment. Shares in Imagination, which counts Applie amongst its top shareholders and whose technology is used in Apple devices including the iPhone and iPad, jumped earlier on Tuesday after website Ars Technica UK said Apple was in talks to buy the company. “From time to time, Apple talks with companies about potential acquisitions,” the US company said in subsequent a statement….

Read More

Gold Hits 13-month Top On Firm Euro As ECB Signals Rate Cut End

Manila: Gold climbed to a 13-month high on Friday before pulling back slightly, as the euro hovered near a three-week peak against the dollar after the European Central Bank signalled it was done reducing interest rates for now. After rolling out bold measures to boost the euro zone economies, including increased asset buying and a deeper cut to deposit rates, ECB President Mario Draghi on Thursday signalled there would be no further rate cuts. Spot gold rose as far as $1,282.51 an ounce, its strongest since Feb. 3, 2015, and…

Read More