Welcome to The Week in Tech, your roundup of the week’s top technology news. This week, we have new tech funds totalling $1.72bn, product announcements from Google, the WannaCry ransomware and more.
Investment news
Appear Here’s $12m
Appear Here, an online marketplace for short-term retail space, raised $12m in Series B funding.
The round was led by Octopus Ventures and drew support from Simon Venture Group, alongside existing backers Balderton Capital, MMC Ventures, Meyer Bergman and Playfair Capital.
The funding announcement, which follows the firm’s expansion to the US, brings Appear Here’s total raised to date to $21.4m.
YOPA’s £15m
London-based PropTech firm YOPA raised £15m in Series B funding.
The round was led by the Daily Mail and General Trust Plc and comes after the company closed a £16m Series A last year. Grosvenor Hill Ventures, Savills’ investment arm, also participated in the round....