Roundup: The Classmates.com IPO flop, two acquisitions, and more

Roundup: The Classmates.com IPO flop, two acquisitions, and more

Here’s the latest action:

1) Classmates.com IPO called off
2) Microsoft buys Multimap for $50M
3) StyleHive picks up StyleDiary
4) Toshiba’s new lithium-ion released
5) Venture Hacks on legal fees and VCs
6) Zoho Show adds on functions
7) Six Apart sets Movable Type free
Guardian Analytics launches product

United Online cancels Classmates.com… Continue Reading

Guardian Analytics raises $4.5M for fraud prevention for financial industry

Guardian Analytics, a Los Altos, Calif company focused on helping financial institutions prevent online fraud, said it has raised $4.5 million in a second round of financing.

Foundation Capital led the investment, and follows the firm’s earlier $1.25 million seed investment in the two-year old company…. Continue Reading