The textbook rental site’s stock fell to $9.82 a share, at the time of publishing, but board member Paul Holland is optimistic that the stock will ultimately go up.
IBM just snapped up another company — its eighth in 18 months — to replace its poorly regarded mobile device management offering.
Selligy, a customer relationship management app for iPhone, aims to make salespeople more effective by automating much of the sales process. And Salesforce.com, the CRM giant, appears to like it.
Sponsored Post With a plethora of options competing for consumers’ time online these days (either for entertainment or for other services), if your credit union desires an effective and vibrant virtual banking presence, you’d better be aiming to create a quality experience for your members — a quality virtual banking experience.
Ruzzle has gotten 45M users over the past 18 months.
Berlin-based task management service 6Wunderkinder today announced a $19m Series B funding round led by US-based firm Sequoia Capital. Existing investors Atomico and Earlybird Ventures also contributed to the round.
4 out of 5 quacks recommend you get at least one serving of fresh, organic, Funding Daily per working day. Luckily we have you covered.
As the number of connected devices continues to climb, someone needs to create ways for all of them to talk to each other. And that someone is SmartThings.
Gamevil’s partnering with developers from Finland, Ukraine, and Columbia.
FoundationDB thinks you don’t need to sacrifice consistency to achieve scalability.
Bill.com, a payment and invoicing service startup, has raised a fresh $38 million round of funding, the company announced today.
The SEC may be closed for Veteran’s Day, but startups are still churning out their funding announcements.
Photo-sharing apps tend to go one of two ways — they gain millions upon millions of users and soar past billion dollar valuations, or they die quiet deaths. Which will Shuttersong be?
Vox Media acquired three popular digital media brands — Curbed, Eater, and Racked — doubling the number of media properties under its umbrella. Fortune estimates the deal at around $20-30 million.
Cloud storage startup Bitcasa has closed a new $11 million round of funding, the company announced today.
Apparently, Australia is the place to bootstrap a crowdsourced design service. The country was home base for DesignCrowd and 99designs, two online marketplaces for graphic designers. But both companies have global ambitions.
A lot of people love fresh, locally grown food. And a lot of those folks are also too lazy to go to the farmer’s market. Good Eggs is a service for those people — and beginning today, they’ll have even more choices.
Wallets and waistlines, watch out. The biggest online food delivery service may be going public.
Today was really Twitter’s day.
Thanks a successful IPO opening day, Twitter now has a warchest of $1.8 billion. And according to some analysts, a lot of opportunity to spend it.
The birds were chirping outside the New York Stock Exchange this morning, clearly aware of the second biggest Internet IPO in history. This intrepid reporter ventured downtown to bring you an inside look at the Twitter IPO.
Twitter is now officially number two on the list of the top 10 internet initial public offerings of all time. While well behind Facebook, which raised over $16 billion, Twitter beat out Google, which raised only $1.7 billion in its IPO, and Yandex, the Russian search engine.
Twitter is now officially trading live on the NYSE — and the value of the company has almost doubled immediately.
Just in September, Twitter acquired the last piece of the puzzle it needed before going public: a digital ad exchange. Twitter bought MoPub for a reported price of $350 million in stock.
“Make it so.”
Silverton Partners has closed $75 million for a new investment fund that will target startups in Austin, Texas, the firm announced today.
Coresystems powers mobile technology that helps enterprise organizations to manage their field operations. It makes important business information available to sales and service reps when they are on site and helps make operations more efficient.
Did someone say ”acqui-hire?”
Artist-focused social network deviantART has raised a fresh $10 million round of funding, according to an SEC document filed today.
Gain Fitness has raised $2.14 million to tighten and tone your body using its library of fitness apps. Its apps surpassed 1 million downloads and the company has some interesting new products and partnerships in the works.
We get many books sent to VentureBeat, but today was the first time we had both a hardback and a paperback of the same book sent to one reporter.
Twitter has finalized its share price for tomorrow’s initial public offering at $26. This will enable the company to raise close to $2 billion, significantly higher than the $1.4 billion to $1.7 billion that Twitter initially filed for, and this will give Twitter a stock market valuation of about $14 billion.
Customer retention is the difference between life and death for subscription businesses. Gainsight has closed $20 million in funding to help businesses keep their customers.
Ecommerce optimization company Granify has raised $1.5 million in seed funding to reduce shopping cart abandonment on big retailers’ sites.
As Pinterest’s platform grows, so does the potential for gathering insights from it.
Tel Aviv-based website builder Wix successfully debuted on the Nasdaq today, raising $127 million by selling 7.7 million shares at $16.50 each, the top end of its intended pricing range. The stock popped briefly above $17.50 before settling back down $16.46.
Appboy has raised a $7.6 million series A round to support its “mobile relationship management” system and expand it into new industries, including gaming and social networking.
Twitter’s IPO is tomorrow, and the company could be worth as much as $16 billion, if it prices itself at the top end of its range. Or it could be valued much higher, if the stock pops on opening day.
Social photo service Mobli has raised a handsome new $60 million round of funding, the company announced today.
First up, India; next stop, the world.