It’s been a slowish day for funding news, but with big dollar signs on many of the deals that did happen. Here’s a rundown on the days’ deals.
This ain’t your typical summer school.
Private company research firm Privco has ranked the top 20 merger and acquisitions of the top 20 technology VC firms of 2012, including Ancestry.com’s $1.6 billion sale to private equity firm Permira and other top tech acquisitions such as Yammer, Meebo, Instagram, and NextG networks.
Intel Capital comes out on top.
A big ol’ serving of today’s funding news.
NYC-based Lerer Ventures is officially announcing its third, $36 million fund — the firm’s largest one so far.
Wendr wins a slew of sexy laptops and launch help from Thrillist and Samsung.
There were two pretty incredible tech events in New York this Tuesday. I only managed to score an invite to one of them, the Lerer Ventures CEO summit at Citi Field. The other was Union Square Ventures more exclusive Hacking Society get together, which luckily was live streamed. It’s worth taking a look at these two gatherings to get a sense of where the Silicon Alley scene is at right now and how the most powerful players in the East Coast tech world are thinking about the future.
Editor's Pick Pulse, which makes a news reading app for Apple and Android tablets and smartphones, threw a party in the penthouse of the Kimberly Hotel last night to celebrate it big growth. “These guys offered to pay me for using our technology,” said Richard Ziade of Readability. “I should have accepted their offer.” He shook his head with a laugh, admiring the view and grabbing a slice of seared tuna off a passing tray.
There is nothing extraordinary about Ed Cooke’s brain. Sure he can memorize a 1000 digit number in less than an hour, but so can you, he believes.
Being successful in business is about knowing what your competitors know and being able to act on it. If you could find out what kinds of work tools are helping your competitors stay lean and mean, it could be a real leg up. You can’t just call up a competitor and ask. But a new startup called BestVendor is creating a Yelp-like recommendations network around work apps to make that kind of tool discovery possible.
Pulse, which created the popular Pulse news reading app, has raised $9 million in its first round of institutional venture funding.