Duedil Raises $5M For Open Data Platform To Conduct The Due Diligence Companies Need
Duedil has raised $5 million for its platform that uses open data to help companies conduct due diligence. The Series A round was led by Notion Capital. Also participating were Oak Investment Partners as well as Passion Capital and Spotify investor Shakil Khan. With the funding, Duedil is hiring data scientists and beefing up its resources for expansion. Duedil is a company that shows what innovation can come when governments open their data. That’s what has happened with Duedil, which directly benefits from open data policies in the United Kingdom and those emerging in the European Union. With open data, Duedil can link data from different sources, aggregate it and provide it free or soon to come, on a subscription basis. At its core, Duedil offers a data analytics and visualization engine. Using the service, for example, a corporate lawyer can research a company’s corporate structure. The lawyer can visualize in a mind-map the company’s shareholders and investments. Last fall, ...
iZettle Launches Launches Wireless Chip & Pin Device, Starts Taking Visa And Partners With Santander
iZettle — what you might call the 'Square of Europe' given it's also a dongle-based mobile payment service for small merchants — will now launch a new Chip & Pin device alongside its existing solution that currently uses a customer's signature to interact with the iZettle app. It will also now accept all major cards, including VISA. Until now iZettle has been unable to allow VISA transactions (there was a workaround but it was too complex), meaning many vendors were put off from using the payment dongle. The Chip & PIN reader will be available in Sweden, Norway, United Kingdom, Finland, Germany and Spain. The move comes amid rumours tha PayPal may be making a move into this space in the near future.
Welsh Scientists Radically Increase Fiber Broadband Speeds With COTS Parts
Mark.JUK writes "Scientists working under an EU funded (3 Million Euros) project out of Bangor University in Wales (United Kingdom) have developed a commercially-exploitable way of boosting broadband speeds over end-user fibre optic lines by using Optical Orthogonal Frequency Division Multiplexing (OOFDM) technology, which splits a laser down to multiple different optical frequencies (each of which can be used to carry data), and low-cost off-the-shelf components. The scientists claim that their solution has the ability to 'increase broadband transmission by up to two thousand times the current speed and capacity' (most UK Fibre-to-the-Home or similar services currently offer less than 100 Megabits per second) and it can do this alongside a 'significant reduction in electrical power consumption.'"
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Want More Networking Lunches? LetsLunch Launches In The UK, Adds Sponsored Lunchers
LetsLunch continues to spread its vision of professional networking through lunches — it just launch in the United Kingdom. Tied to its UK launch, the startup says it's also releasing version 3.0 of the service. Now, I usually spend my lunches frantically cramming down food while writing posts or doing briefings, but if yours are a little less hectic, you might want to use LetsLunch to get some networking mileage out of those lunch breaks. (And I'm sure some of you think that's a terrifying idea, but hey, it's not for everyone.)
Facebook’s App Center Goes International: Open To English-Speaking Countries; Translation Tool Added
Last week we got a little clue that Facebook was gearing up to take its App Center to markets outside the U.S., when it began to appear in the UK. As of today, it's official: Facebook has now extended the App Center to Australia, Canada, India, Ireland, New Zealand, South Africa, and the United Kingdom, with Brazil, France, Germany, Russia, Spain, Taiwan, and Turkey coming in following weeks. And in a nod to making the platform more accessible to developers from around the world, it's also introducing a translation tool. The App Center was first launched in June in the U.S. as a way to help discover new apps, with personalized recommendations, and for people to get apps specifically for mobile devices. Quickly ramping up the service to cover Facebook's users outside of the U.S. is a crucial step. Users outside of the U.S. and Canada make up more than 80 percent of Facebook's user base; it will help it increase time spent on the site by all users; and it will also make the App Center a ...