Armenian SoloLearn among best Bay Area startups with under $10m fundingDecember 8, 2015 - 14:17 AMT PanARMENIAN.Net - The research company Mattermark has studied young tech companies in Bay Area, in a bid to find and rank the 10 best out of the 582 startups with $10 million funding or less, Silicon Valley Business Journal reports. In addition to funding, factors taken into consideration included employment growth, increases in social media and website traffic and inbound links to the companies. The momentum of more than half of the top 10 has slowed, according to Mattermark. "We left out pharma and biotech companies because they typically raise more money at their early stages than tech companies do," Mattermark's Nick Frost said. Armenian startup SoloLearn is among the top 10 hottest Bay Area startups, with a funding under $10 million. This is an online coding course provider based in Pleasanton and run by co-founder and CEO Davit Kocharyan. It has raised just $100,000 and employs only six people but its momentum score from Mattermark is the highest among this top 10. So it appears to be getting good traction on social media. Its backers include Granatus Ventures. Among the remaining 10 hot startups are Product Hunt, a go-to for tech nerds to find out about the latest products and software, which get voted up or down by users; LeadGenius, a cloud-based sales acceleration software provider; CloudAcademy, a 500 Startups company that emerged this past spring with a platform to learn cloud computing and test skills, to name a few. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |