Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]

Apple ad focuses on iPhone’s most marketable feature — privacy

Apple is airing a new ad spot focused on privacy today in primetime. The spot is visually cued, with no dialog and a simple tagline: Privacy. That’s iPhone. In a series of humorous vignettes, the message is driven home that sometimes you just want a little privacy. The spot has only one line of text […]

Tetrate nets $12.5 million to bring microservices to the corporate masses

Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.5 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing […]