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GoPro stock is currently down 15 percent in after-hours trading and is falling after reporting its third quarter earnings. The company saw revenues dive 13.3 percent while still managing to beat Wall Street revenue expectations.
Overall GoPro reported a net loss of $27.1 million, or 19 cents per share, in the quarter that ended on September 30,
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Read more: GoPro shares tank after reporting revenue dives 13%
Write comment (92 Comments)With a planned cartoon series coming up, partnerships in place with Major League Baseball, NBCUniversal and other media companies of heroic proportions, the founders creating the kids clothing phenomenon, Cubcoats, are on a roll.
Peak Theory, launched by longtime friends Zac Park (who’s 29) and 35-year-old Spencer Markel, is the company behind C
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Read more: Peak Theory lines up media partners and funding as Cubcoats becomes a phenomenon
Write comment (91 Comments)Shape Security, a fraud-fighting cybersecurity company, has closed a $26 million round of Series E funding.
This will be the fifth round of funding — more than $130 million — since the Mountain View, Calif.-based company was founded in 2011. This latest round was led by Norwest Venture Partners, Kleiner Perkins, Allegis Capital and others — i
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Read more: Anti-fraud startup Shape Security raises $26M in Series E round to drive global expansion
Write comment (93 Comments)Spoke, a startup that wants to simplify the way companies add and process help desk tickets using artificial intelligence underpinnings, announced it has enhanced its AI engine to allow for more complex queries.
The company founders were working at Google after a previous startup had been sold to the search giant when they encountered a problem
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Read more: Spoke enhances AI engine to power help desk ticketing system
Write comment (96 Comments)Rockset, a startup that came out of stealth today, announced $21.5M in previous funding and the launch of its new data platform that is designed to simplify much of the processing to get to querying and application building faster.
As for the funding, it includes $3 million in seed money they got when they started the company, and a more recent
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Read more: Rockset launches out of stealth with $21.5 M investment
Write comment (90 Comments)VICIS has closed its Series B on $28.5 million, with participation from NFL quarterback Aaron Rodgers via Rx3 Ventures. Rodgers joins a list of other pro footballers to back the helmet startup, including Roger Staubach, Jerry Rice, Russell Wilson and Doug Baldwin.
VICIS is known for its $950 Zero1 football helmet designed for adult players. The
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Read more: VICIS completes $28.5M Series B and launches its first youth helmet
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