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Montana-based mapping startup onXmaps raises a round of funding fit for Big Sky Country

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A mapping startup based in Missoula, Mont., which allows users to download sophisticated offline topographic maps outlining public and private lands and a number of other features geared towards hunting, fishing and camping, has pulled in its first major outside funding. onXmaps has closed a $20.3 million Series A round led by Summit Partners. Bessemer Venture Partners, Millennium Technology Value Partners, Next Frontier Capital and NBCUniversal CEO Steve Burke also participated in the round. The company is calling the fundraise one of the biggest ever among startups based in Montana. onX Hunt app This is impressively the first bout of outside funding that the 70-person startup has ever taken since being founded in 2009. The company’s founder and CEO Eric Siegfried, an avid outdoorsman himself, had created a more basic program to integrate these maps with his own Garmin GPS. After finding his friends were interested in having a product like this too, he put down $27k of his...
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Best Web Design Company in Pondicherry

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#Technology    has two faces. We all feel it, but sometimes can’t find words to describe it.  #Ebooks    are the best example to show the 0-1 nature of emotions the  #technology  evokes. #itwhere    provide a  #Best     #solutions    to  #Growyourbusiness    feel free to drop a  #Mail    info@itwheretech.co.in www.itwheretech.co.in 
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Workato Chat Bot Brings Enterprise Workflow Into Slack

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As we head into 2016, enterprise chat applications like  Slack  are suddenly a hot commodity, and if you’re inside chat a good portion of the day the argument goes, you should be able to access other work without leaving the chat client. This is exactly what  Workato’s  newly announced chat bot, Workbot, is designed to do. Chat bots are small programs that integrate with a chat platform and provide some advanced type of functionality in a fairly easy fashion. The new Workbot-chat bot enables users to access and control over 100 enterprise applications such as a Salesforce CRM record, Quickbooks accounting information or Zendesk customer service interactions directly inside of Slack. One of the primary issues with early Enterprise 2.0 tools was that they were just another application busy employees needed to pay attention to. The idea here is to give users customer information directly in the context of the discussion they may be having...
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Visa confirms Coinbase wasn’t at fault for overcharging users

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Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories for cryptocurrencies, Coinbase said. While you can read my post yesterday for an in-depth description of what happened, the basic gist is that Visa refunded and recharged (under a different merchant category) a month of old transactions. Many users saw the recharge come through before the refund processed, making it look like they were double charged. Honestly, the issue was likely exacerbated by existing payment rails — it’s normal for refunds to take multiple days to show up on credit and debit statements. But here’s where it gets weird — this morning Visa issued a statement to some publications shifting the blam...
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How ad-free subscriptions could solve Facebook

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At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its finances, restricting how far it’s willing to go to protect us from the harms of over use. The advertising-supported model comes with some big benefits, though. Facebook CEO Mark Zuckerberg has repeatedly said that “We will always keep Facebook a free service for everyone.” Ads lets Facebook remain free for those who don’t want to pay, and more importantly, for those around the world who couldn’t afford to. Ads pay for Facebook to keep the lights on, research and develop new technologies, and profit handsomely in a way that attracts top talent and further investment. More affluent users with more buying power in markets like the US, UK, and Canada command higher ad prices, effectively...
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