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Rover180 Acquires Vemity To Boost AI Capabilities

PYMNTS

Located in Indianapolis, Rover180 provides alternative supply chain finance and factoring programs. The company will now use Vemity’s technology to cut costs related to invoicing and accelerated payments for the transportation industry. “We pride ourselves on being at the forefront of innovation in the finance industry.

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Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism

PYMNTS

Another week, another tech center making headlines for pushing the envelope on tech innovation. Microsoft is excited to engage with faculties, students and the broader tech community in Montreal, which is becoming a global hub for AI research and innovation,” Brad Smith, president of Microsoft, said in a statement.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. Company: AOptix Technologies. Total Funding: Over $100M.

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