Guest Post Eric Bovim is Managing Director at McBee Strategic
Grotech Ventures announced the close of its eight fund at $225 million. The Vienna-based firm invests in early-stage companies along the East Coast and in Colorado.
Editor’s Pick Washington D.C. may have with ambition and politics, PhDs and bulging bank accounts, and history of technological innovation , but it is not a friendly place for entrepreneurs. At least until now. Signs show a startup scene is emerging in our Nation’s Capital.
The potentially risky move of taking DC Universe Online , the massively multiplayer online (MMO) game from Sony Online Entertainment, to a free-to-play model, seems to have paid off, with large increases in revenue being reported .
GE wants a slice of the burgeoning green-data-centers pie — and it’s willing to spend half a billion dollars to get it.