Trista Bridges
3DSecure failures cause big holiday headache for many French e-merchants
P The holiday season is often both a fruitful and trying time for many e-merchants trying to manage and fulfill the increasing number of online transaction. However, this season is likely to go down as an even more of a challenging one for many French e-merchants due to the repeated system failures of 3DSecure, a […]
OVH raises €267 million to take on the US cloud giants
OVH, France’s and Europe’s biggest cloud success, has raised €267 million from a bond issue and bank credit with one principal objective..to go toe-to-toe with the US cloud giants. During their recent annual conference this past October, OVH’s leadership made no secret their ambitious agenda to quickly expand abroad and move closer to the top of […]
SnapCar raises €2 million to further expand its Business Class focus
SnapCar is celebrating its 2nd year with big news, announcing that they’ve just closed an impressive €2 million round with a group of business angels, including top executives from the travel sector including, Charles Petruccelli,former CEO of American Express Travel and Bertrand Mabille, Carlson Wagonlit’s current DG for France. For SnapCar founders Dave Ashton and Yves Weisselberger, having such […]
Following SFR and Virgin Mobile, Altice looks to acquire Portugal Telecom
Altice, led by telco mogul Patrick Drahi and owner of now SFR-Numericable, has their sights on Portugal Telecom (PT) for which it has made a reported 7.4 billion euro offer. As their offer proved to be more attractive than a rival 7.075 billion euros offer by Apax et Bain Capital, PT’s owner, Brazilian telco Oi, quickly advanced negotiations […]
Airfrance partners with Orange on project to expand wifi on its flights
Last year, Airfrance-KLM rolled-out a very limited launch of wifi on its flights – Paris.New York (Air France) and Amsterdam-Panama (KLM) at a price of 10.95 eur for one hour and 19.99 eur for connectivity for the entire flight. Presumably, the first experiment proved to be enough of a success for them to establish a […]
Luxury e-tailer for kids Melijoe raises €9 million to expand their global reach
Melijoe has emerged as the go-to site for fashion-forward parents who want to make sure their kids are also dressed to impress. Started in 2007 by Nathalie Christen-Genty, Melijoe has grown steadily into a team of 40 people and, up until this month, raised had raised €5 million, mostly from it’s principal investor CM-CIC Capital Privé. Now […]
FamiHero City seeks to take the pain out of finding babysitters, cleaners & handymen
Like in many big cities in the work, for time-pressed Parisians, getting home upkeep activities such as the weekly cleaning or small repairs done can be a big challenge. As work has consumed an increasing chunk of people’s time and dual-income households have become the norm, many families outsource these activities to cleaners (the always […]
Amaury partners with Paris Region Lab to launch France’s first press incubator
Amaury, known for their news publications such as L’Equipe and Le Parisien, just launched the first accelerator in France dedicated to the press industry. The accelerator, dubbed Amaury Lab was developed in conjunction with the Paris region and has a double objective: first to accelerate fast-growing startups and facilitate collaboration and opportunities for co-development between these start-ups […]
Finexkap raises $22.5 million to launch France’s first online working capital platform
Working capital issues, often driven by unpaid invoices, are the catalyst for 25% of SME bankruptcies in France. Finexkap is working on changing all that with their online working capital financial platform, a first in France. In order to scale-up development and launch lending activities before end 2014, Finexkap have secured $22.5 million in financing. The […]
DigiWorld Summit kicks-off tomorrow in the midst of the first DigiworldWeek
The DigiWorld Summit, organized by IDATE; is perhaps one of the most longstanding conference events in tech. Tomorrow IDATE will kick-off in Montpellier the 36th edition of the Summit, in the midst of the first DigiworldWeek. The theme of this year’s summit is “Mobility Reloaded: We ain’t seen nothing yet!” which will address perhaps the biggest […]