Online video player Brightcove prices IPO at $10-12 a share, could raise $60M
Online video startup Brightcove has set the price range for its initial public offering at $10 to $12 a share and could raise up to $60 million, according to its latest S-1 filing with the Securities and Exchange Commission.
Brightcove makes it possible for large and small content providers to publish video content to the web completely using HTML5 rather than Adobe Flash. On top of standard video, the company also has live, on-demand, and … Continue Reading
CardSpring links coupons directly to your credit card, raises $10M
CardSpring, a company that creates mobile applications specifically for credit and debit cards, announced today it has raised $10 million in its first round of funding.
CardSpring has produced an Application Programming Interface (API) that developers can use to make online applications for your credit or debit card. Each time you swipe your card, the card’s information is sent over the payment network to process the purchase. CardSpring has created a link between that payment … Continue Reading
Twitter acquires Summify, as if tweets aren’t summed up enough
Twitter is grabbing more talent, this time out of Vancouver. Summify, a social news aggregator, will shutter its technology and be absorbed by the social network starting today.
“Cristian Strat and Mircea Pasoi have created a product that curates the best and most important stories in your Twitter timeline and Facebook newsfeed,” a Twitter spokesperson told VentureBeat in an e-mail. “Cristian and Mircea and their team of three engineers will join our Growth team and … Continue Reading
Code 42 Software raises $52.5M to raise profile for online backup
Code 42 Software has been growing quietly in the background, providing online backup for consumers and enterprises. But after a decade of growth, it’s ready to raise its sales and marketing profile. So the company is announcing today it has raised $52.5 million from Accel Partners and Split Rock Partners.
Online backup has become a crowded and important market, now that both consumers and enterprises are generating a mountain of data, much of it stored … Continue Reading
Dropcam releases new camera, lets you chat with your robbers
Security camera maker Dropcam released its newest camera today, with new features to help you stalk your own house.
“Dropcam HD [is] a product that introduces quality hardware and intuitive user experience to a space that has missed it completely,” said Greg Duffy, Dropcam’s chief executive officer and co-founder, in a statement.
Dropcam lets you monitor your home from a wall-plug-in camera that can record up to 30 days of video without running into battery … Continue Reading
DeanBeat: Game companies raised a record-breaking $1.54B in 2011
Game fundings destroyed the record book for fundings this year as 145 companies raised more than $1.540 billion in 2011, not counting initial public offerings.
In 2011, games took center stage. Game investment changed fundamentally during the year, as investors shifted their money into social, mobile and online games as they chased after users who were embracing the newest platforms for games.
The total game investment number is up more than 47 percent from the … Continue Reading
Live tonight: Steve Wozniak, Leonard Nimoy highlight an evening of disruptive tech (updated)
Update: Scroll down to see a gallery of Nimoy and Wozniak on the DEMO stage!
Come kick off the new year with a celebration of disruptive enterprise technology featuring two huge geek heroes: Steve Wozniak and Leonard Nimoy.
The VentureBeat team, being the huge geeks that we are, are delighted to be co-hosting Enterprise Disruption: An Evening of Change and Innovation tonight in San Francisco. The event, produced by our partners at DEMO and underwritten … Continue Reading
Russia’s startup climate: 5 steps away from primetime
Protests in Russia last week have dominated international news, and talking heads have been eager to explain how this is evidence of an increasingly divided and unstable Russia. Although the political response has not been as graceful as it could have been, the restraint the government has shown in regards to the protesters is encouraging, especially compared to how similar protests were met in Syria, Libya, or Egypt.
What is unfortunate, however, is that the … Continue Reading
Loosecubes updates its office-sharing portal with new review and ranking features
Loosecubes, a website that lets companies sublet empty office spaces by the day or week, launched new ranking features today aimed at gathering detailed review information from renters. That data will be used by the office-sharing startup to make its workplace listings more effective.
Renters can now review a space’s potential for productivity with categories such as noise and Wi-Fi strength. There are rankings for “coolness,” which include the overall vibe of the space and … Continue Reading
HotelTonight calls room service, orders up $8.6 million Series B
Location-based hotel booking app HotelTonight has raised an $8.6 million Series B round, according to a regulatory filing. The San Francisco-based company has an iPhone app that lets people discover and book discounted hotel rooms at boutique establishments.
Because HotelTonight targets hotel rooms would otherwise be empty, the app is a win for hoteliers and customers. Rather than cannibalizing the hotel market, by forcing hotels to compete on price, HotelTonight hopes to rope in last-minute … Continue Reading
Accel Partners announces $155M India fund for mobile, enterprise, and more
Showing that there’s plenty of untapped potential in the Indian startup scene, Silicon Valley venture capital firm Accel Partners announced its $155 million Accel India III fund today for seed and early-stage investments in the country.
Accel, which already has 34 companies in its portfolio in India, said the fund would be focused on hot opportunities like mobile, digital media, enterprise and software-as-a-service companies, and Internet services. The firm already manages $80 million in India … Continue Reading
YuMe grabs $11.9M, video advertising industry seeing more action
YuMe, a video advertising network, has raised $11.9 million in funding, according to a Form D filed with the SEC.
A YuMe spokesperson told VentureBeat the company is not ready to comment.
YuMe connects advertisers and video content creators, so videos appearing on mobile devices, computers, or connected televisions can include advertising revenue in their monitization plans. It uses the “ACE Relevance Engine,” which pairs relevant video content to an ad with the right message. … Continue Reading
Accel Partners announces $100M Big Data Fund — to invest in Hadoop, NoSQL and other cool stuff
Venture firm Accel Partners has carved out a $100 million “big data” fund to invest in companies focused on building new IT infrastructure or on applications than run on that new infrastructure.
Accel, based in Palo Alto, Calif., at the heart of Silicon Valley’s venture capital community, has invested in companies like Facebook, Dropbox, Cloudera and Etsy.
As such, the firm has seen how companies like Facebook have been forced to exploit new technologies to … Continue Reading
Hadoop-based startup Cloudera raises $40M from Ignition Partners, Accel, Greylock
Apache Hadoop-based management service Cloudera has raised a new $40 million funding round, just ahead of its Hadoop World 2011 conference tomorrow.
Cloudera provides its own take on Hadoop’s powerful open-source data management software and couples it with IT support and management. Using Hadoop, enterprises can store and process huge amounts of unstructured data. But Hadoop can often be unwieldy and difficult to manage, so Cloudera helps make it possible to manage that data effectively.… Continue Reading
HotelTonight books swanky hotels on the cheap (video)
More times than not, hotel booking is a last minute affair, and it’s usually not much fun. But with a $15 billion hotel market, there’s a great opportunity for an app-maker that can make this process seamless and fun. HotelTonight may just be that app. Stylish and elegant, HotelTonight connects nearby consumers to boutique hotels with empty rooms.
“We’re setting out to be the next $1 billion company in travel,” HotelTonight co-founder and chief executive … Continue Reading
Atlassian brings JIRA and other major development tools to the cloud
Enterprise software startup Atlassian announced Tuesday that is moving its collaboration and development products, including JIRA and Confluence, to the cloud with an innovative pricing structure.
Atlassian‘s products, especially bug-and-issue tracker JIRA, are important to enterprise and small clients alike. The company currently serves 26,000 customers, including Cisco, Citigroup, Netflix, Facebook, Zynga and Adobe. But now even more companies will have access to Atlassian products because there’s no need to set up a server to … Continue Reading
Nimbula releases new version of its cloud OS, targets $4B market
Nimbula, a company ties together public and private cloud resources in a way that companies can manage them easily, this week released the latest version of its software.
Nimbula calls itself a cloud operating system — because it helps its corporate customers manage their various cloud assets — private, public, and hybrid — from one place, with a single login. It’s new product is called the Nimbula Director 1.5.
Chief executive Chris Pinkham stopped by … Continue Reading
Dropcam makes surveillance consumer-friendly, gets $5M from Facebook investors
Smile, you’re on camera! Wi-Fi video camera company Dropcam raised $5 million in its first round of funding today led by storied venture firm Accel Partners and Google+ vice president of product Bradley Horowitz.
Many people opt to install security cameras, nanny cams, or even office live feeds. But many of the current options on the market, such as Logitech‘s Wi-Fi video cameras, are battery-powered, involve software set up, are security focused, and are overly … Continue Reading
Top10 curates “best-of” lists using your social data, gets $3.5M
How many times have you gone looking for that list of the top 10 best X, Y and Z’s? For most of us, the answer is “constantly.” Top10 received $3.5 million in its first round of funding led by Accel Partners today to create “best of” lists using social data.
Finding a good list of the best this or that can be a hard task. This is because they are often hard to make. In … Continue Reading
Headhunter website seals a deal for $5M in new funding
BountyJobs is filling an interesting need in the executive search space. The company doesn’t connect C-suite employees to eager HR recruiters or headhunters; rather, it hooks up qualified headhunters with corporate recruiters.
It’s a tiny niche of human resources, but BountyJobs says its clients get better, more efficient communication with executive headhunters by using the BountyJobs web app, which saves them from strings of long phone calls.
The idea is interesting enough that it garnered … Continue Reading
