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Babblabs raises $4 million

Speech processing startup Babblabs has raised a seed investment of $4 million. The investment was led by Cognite Ventures, with additional funding from Jerry Yang, founding partner of AME Cloud Ventures, and independent investors John Hennessy, Harvey Jones, James Hogan and Kurt Keutzer.

Chris Rowen, Cognite CEO, will be CEO of Babblabs.

[Image courtesy: Babblabs]

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TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.