Drone Maurizio Pesce Flickr

Drones need software, too

Venture capitalists aren’t seers. But at Bessemer Venture Partners, we try to dive deep into a particular sector to find great investments. The thinking is that by thoroughly getting to know the pain points — and players — in a particular sector, we can identify trends and predict opportunities for investment. And, in turn, we will be better equipped to identify and support the next generation of transformative companies.

magnetic memory

Semiconductor startup Avalanche closes $11.5M funding round

A startup is hard at work making a new type of high-speed memory that stores data even when the power is turned off. Avalanche Technology, a company focused on Spin Programmable Memory (SPMEM) non-volatile memory class storage solutions (not pictured), has raised $11.5 million in a new round of funding.