Venerable venture firm Greylock Partners announced that it is dedicating a $100 million fund to marketplaces. The fund will be managed by new partner Simon Rothman
stories by Rebecca Grant
Lyft will now be available in Indianapolis, St. Paul, and Atlanta. This is a milestone for Lyft, which typically launches in one city at a time
Using sensors in your smartphone, ZenDrive collects data on your driving habits and rewards you for making good decisions.
Digital Globe uses satellite imagery and geospatial analytics to track what’s happening in the world and predict the likelihood of extreme events.
The company has unveiled an aggressive plan to build self-driving cars that are commercially viable within two “vehicle generations.”
Editor’s Pick Free Zone claims to have 220 million Wi-Fi hotspots in its database. Its new premium version will give subscribers full access to commercial Wi-Fi hotspots.
Quirky loyalty startup Belly has raised $12 million in the first tranche of its second round of funding. Investors include New Enterprise Associates, Andreessen Horowitz, DAG Ventures, Lightbank, Cisco Systems, and 7-11′s venture arm, 7-Ventures.
Local Motion combines hardware and software to help large organizations manage the millions of cars in their fleets more effectively. Andreessen Horowitz led the round, and it is Sinofsky’s first board role since he joined the firm.
The average member on Trusted Insight manages more than $5 billion. This global community of institutional investors has raised funds of its own.
Groupon is planning a network of North American warehouses for its physical goods business. Goods is actually doing well, and CEO Eric Lefkofsky said that bringing shipping in house will improve the company’s margins.
National health care reform kicks into gear on January 1, 2014. GuideSpark uses short digital videos to help HR departments keep employees informed and engaged about their options.
Martini Media is a digital advertising company that works with luxury brands to the small percentage of consumers who spend the most — the wealthy.
FeeX has built a platform for crowdsourcing financial intelligence. Today it announced closing $3 million led by Blumberg Capital.
Gratafy lets you send friends and family gifts that no-one could refuse — drinks, dinners, and desserts. The Seattle-based startup entered LA, released an update, and closed $2.45 million in seed financing.
90 million people in the U.S. have low health literacy. Transcendent Endeavors suite of products, including Starling, help immigrants communicate their healthcare needs.
Kayak revamped its hotel search today to include ratings and reviews from verified guests, as well as sentiment analysis.
Doggyloot is a daily deals site for dogs and their people. Today it announced closing $2.5 million in its first round of financing .
VIA International will provide a premium home automation experience to people with a lot of money to spend on their homes.
Online document library Docstoc has acquired BestVendor in an effort to “make every small business better.”
Uber was the big funding story today, but wine, recruiting, photo-sharing, and a distributed storage startup raised money too.
JumpStartFund is an online portal that solicits new business ideas and patents from individuals, federal research labs, universities, and other organizations around the country. Selected ideas are put into the system for the community to vote on, offer input, find cofounders, and crowdfund.
Justin Crockett and his family were raising money for chemotherapy to combat his aggressive brain tumor. They received a donation from a “friend of a friend” on Tuesday, but struggled to make PayPal pay up.
Chinese smartphone maker Xiaomi is now worth an astonishing $10 billion. The company’s fourth round of funding more than doubles its previous $4 billion valuation.
Nara is a “computational neuroscience company” that analyzes user behavior and uses artificial intelligence to make personalized recommendations. It started with restaurants and today expanded to hotels.
Naked Wines’ unique business model uses monthly payments from “angels” to support independent winemakers. In exchange, the customers receive exclusive wines at wholesale prices.
Smart Recruiters has raised $10 million to attempt and improve the intricate, tangled, confusing, broken, frustrating hiring process.
Today the Y Combinator startup publicly debuted its open source crowdfunding tool called Crowdhoster that lets any person or organization integrate crowdfunding onto their site, without using any code.
Backplane started out as the team building Littlemonsters.com for Lady Gaga. Now it is opening up its platform to the world’s most iconic brands and announcing strategic investments from Coca-Cola and Cirque du Soleil.
Delectable is an iPhone application for remembering wines you’ve tasted and discovering new wines. The company released a major update today and revealed $2 million in funding from influential angels.
Modernizing Medicine is the latest in a string of electronic health record (EHR) companies to raise millions in venture capital.
The new umbrella company aims to be “the world’s largest fashion subscription e-commerce company.”
It has 33 million members around the world and is predicted to generate over $400 million sales in 2014.
Social network for volunteers GiveGab debuted a new suite of tools to help organizations manage all their volunteer activities. The Ithaca, New York-based company also says it has closed $1.6 million in funding.
The best and brightest of Silicon Valley crowded into the Computer History Museum today for Y Combinator’s demo day. Of the 49 promising startups, here are the most exciting consumer-facing businesses.
Razoo has helped raise over $165 million for nonprofits. Now it is making its crowdfunding-for-causes platform available to individuals who need a leg up.
Crystal Shopper is a barcode scanner and price checker for Google Glass that presents the shopper with price comparisons and Amazon ratings.
The peer-to-peer marketplace for outsourcing tasks expanded its geographical footprint by 50% and the company is on track to add $1.25M users this year.
ShareThis offers publishers a range of widgets and tools to facilitate social sharing. This fourth round of funding comes just six months after the company raised $23 million in March.
MakeGamesWithUs is a Y Combinator company that teaches people how to build iPhone games. The team is juggling the day-to-day grind of building a small startup with the demands of teaching 75 students how to code.
The recently revamped museum laid off 80 of its 435 paid positions today
Spike Lee raised $1.3 million for his movie about blood addicted humans, but some have accused him of hurting younger filmmakers since he is already wealthy and established.