5 tech deals that need to happen

Facebook’s $1 billion purchase of Instagram was the topic on everyone’s lips at Mega Startup Weekend last Saturday and Sunday. The world’s most expensive “Like” has clearly gotten tech entrepreneurs buzzing about who will be next. While there’s no way to know which big deal will be next, here are five tech deals that make sense and need to happen:

The top 25 technology books of all time

Technology teaches us to forget the past. Last year’s tech news seems like it has no use whatsoever. Thankfully, historians beg to differ, and they have begun to preserve the history of the tech industry as it becomes more and more important to the evolution of our lives and world. Those who understand the history of technology and the people who made it happen can probably figure out more quickly how to build on the shoulders of giants and advance technology further. Here’s some books that are great fun to read because they either relate great ideas that influenced a generation of technologists or because they chronicle the lives of people who changed the world. This list includes books that have stood the test of time and are worth a look for the history lover. And it includes new books, such as Walter Isaacson’s tome on Steve Jobs, that are likely to be the new classics. It doesn’t, however, include any tech textbooks. My focus is on books that deliver not just a technical understanding of how something works today, but hard-earned wisdom.

SkySQL raises $4M for database support services

SkySQL, a company that helps businesses use open-source databases MySQL and MariaDB, has raised $4 million in first round funding. SkySQL consults with businesses to set them up with MySQL and MariaDB services. It will also train employees to use the database services. OnCorps led the round with Finnish Industry Investment Ltd., Spintop Ventures and Open Ocean Capital. The full release is below.

Ignored by venture capitalists, Pebble smartwatch has raised over $4M on Kickstarter and counting

VCs always have a war story about the one that got away. Time to add the Pebble smartwatch to the list. The creators of the Pebble had some initial success raising $375,000 in angel funding. But when it come to raise a series A, Pebble was roundly rejected by venture capital firms that didn’t want to risk betting on a hardware firm. So the Pebble team put their project on Kickstarter, where they have now raised $4.2 million and counting without giving away any equity in their company.

Alt12 raises $1.26M for a parent social network

Software company Alt12 has raised $1.26 million in new funding from Aydin Senkut’s Felicis Ventures. The company has three apps; one health-focused, one for expecting parents, and a new social network for kids and parents called Kidfolio, which it launched Tuesday. Alt12 is based in San Francisco, Calif. The full press release is below.

Are we in a startup bubble?

Have you noticed how many online startups there are again recently? While it’s great for overall innovation, it can create a challenging ecosystem for budding entrepreneurs. I’ve spent more time than I care to remember, evaluating various businesses, looking at models, and seeking opportunities where I could compete. Invariably no matter what idea I find and no matter how niche or arcane it is, it’s likely there are already more than a handful of competitors already in the space.