tech:

taffy

Luminate Raises $10.7M, Launches App Store

[Techtaffy Newsdesk]

Luminate has raised $10.7 million in a Series C round led by Nokia Growth Partners.  Luminate’s mission is to reveal the information inside every image, and the company says it makes images more interactive.

Luminate is also launching an image app store.

Luminate (previously known as Pixazza) makes images interactive, and serves more than 150 million users each month and 30 billion image views per year, according to the company. Founded in 2008, Luminate was developed by technologists from Netscape and LiveOps, and is a private company, with headquarters in Mountain View, CA. Investors in Luminate include August Capital, CMEA Capital, Foundation Capital, Shasta Ventures, Nokia Growth Partners, and Google Ventures.

 

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.