Silicon Valley rallies behind Alchemist, an incubator for B2B startups (exclusive)

The startups that have been selected for the first class are far from sexy -- unless a "software-defined infrastructure platform for heterogeneous computing" does it for you -- but they're all generating revenues. What they have in common is that they target their products at businesses, not consumers.

Forget Facebook! Meet 12 investors on the hunt for the next Microsoft

While consumer-focused companies like Facebook and Zynga exploded, business software startups have been quietly scoring household-name customers with multi-million dollar budgets, kicking legacy players off their pedestal, and filing for higher-than-expected IPOs.