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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

At the same time, the market caps of the top 20 retailers have lost more than $230 billion over the last two years, and mall operators are sucking wind as overstocked anchor stores shutter underperforming locations, which delivers a death knell for the stores that depend on anchor store foot traffic to lure customers in. Data Doubletalk.

Big Data 135
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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

Founded in 2012, Cybereason boasts distribution in all major global markets. Boston-based Cybereason has 500 employees, with offices in Tel Aviv, Tokyo, London and Sydney, as well as additional presence on all continents. AI-driven technology from Cybereason is helping secure our increasingly connected world.”.

Boston 115
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Meet The Location Data Company That, Literally, Put The Blue Dot On The Map

PYMNTS

Big Data is big business. That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on.

Data 100
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Why We Invested: VCs Sound Off On 7 Recent Early-Stage Startup Investments

CB Insights

In a post on the USV blog , the firm noted that Flip is a market specific network in which “closing the loop of a transaction” – in this case, the sale or sublet of a lease – unlocks a network effect of benefits for users (ostensibly by making the lease-exchange market more fluid and data-driven with each transaction).

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Edgewater Markets. HQ: Boston, Massachusetts. Credit management tools. Real estate investing management platform for consumers. Tags: SMB, expense management, expense reports, debit card, prepaid, accounting, bookkeeping, Y Combinator (investor), Community Federal Savings Bank (issuer). Latest round: $40 million.

Company 12
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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

Individuals using Alipay’s Health Code fill out a form in the app and the software uses big data to generate a QR code depending on a user’s contagion risk. In the US, poor health ends up costing employers $530B annually, some of which can be avoided with better management of the transmission of illness.

Meeting 101
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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Data analytics platform. HQ: Boston, Massachusetts. Tags: SMB, B2B2C, payments, personal financial management (PFM), spending, marketing. Buzz Points grabbed $1.8 Trading platform. Total raised: $174 million.