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Consumer subscription software (CSS) companies are differentiated from legacy ad-driven or free consumer apps in that CSS companies are providing high quality and useful applications that consumers are willing to pay a monthly or annual subscription for. This revenue model allows CSS leaders to primarily focus on the consumer experience versus optimizing for ad-targeting features.…
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JAKARTA, Aug 21 (Reuters) – Jakarta-based venture capital firm East Ventures said on Wednesday it raised $75 million for its sixth fund, backed by prominent Asian businessmen, to invest in early-stage startups in Southeast Asia’s largest economy. The list of investors included Facebook co-founder Eduardo Saverin, family offices of Alibaba Group’s co-founder Eddie Wu, Chief…
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Autto, the simplified automation provider, has announced that it has raised $1m in funding, its second significant round since the company launched in February 2018. The finance has been raised from existing angel investors, a UK government grant, and new investment from Tangible, a corporate legal platform in the US. The funding will be used…