Guest Post We’re moving away from the heart of technology innovation — the infrastructure, the machines, the seminal ideas we can touch and feel — to quick fixes that are not setting the stage for the next new thing.
The New York-based angel investors just raised $39M for fund, Initialized Capital, according to an SEC filing.
The four-year-old social media management startup just raised $165 million for strategic acquisitions, marketing and international expansion.
DataStax, the company that wants to bring down Oracle’s relational database, has scored yet more venture funding.
Sourcefire is best known for its Intrusion Protection System (IPS) and advanced firewall, which it claims can protect companies from 99 percent of attacks.
SynapDx has earned the support of venture capitalists and geneticists alike, raising $15.4 million to develop a blood test for autism.
Google has agreed to buy a 6.3 percent stake of Himax Display, a sign Google is getting more serious about boosting production of its Google Glass wearable tech.
Angels are investing more for the same valuation, and apparently they don’t like to travel.
Grovo cofounder and CEO Jeff Fernandez described the content as “bite-sized, in-house, professionally produced video lessons every day covering the latest changes to the Internet.”
Kit Check has invented a solution to track and process pharmacy kits with RFID tags. This way, hospital workers won’t forget to replenish kits with life-saving equipment, and put patient’s lives at risk.
The drama over who would buy streaming video service Hulu, almost fit for a soap opera, has come to end with a surprise twist as Hulu’s owners have decided not to sell.
Touch of Modern has resolved its legal differences with Fab, making it a safer bet for investors. The company today netted $3 million in venture funding.
Rock Health’s midyear funding report found that investment in digital health startups is growing, but not as quickly as in previous quarters.
Yahoo is buying Qwiki for a reported $50 million and it will keep the Qwiki app alive, unlike the fate of many other apps Yahoo has purchased.
There were at least 14 startups funded today, so this is going to be a lightning quick Funding Daily. Hold your breath.
It was a big day for funding. Here’s the quick overview.
“Web businesses have the potential to re-create the old pub experience, where businesses know every customer by name, their interests, and what makes them happiest in order to better serve them,” said Intercom.
As Twilio CE Jeff Lawson said, “Telecommunications is one of the biggest industries that there is, and it’s transitioning from a world of hardware and carriers into the future, which is a world of software.” Seventy million dollars’ worth of Twilio software.
Panzura, the cloud storage company, has closed a $25 million funding round. The San Jose Calif.-based company provides faster web-based services for its corporate customers than the alternative: storage devices attached to locally-hosted servers.
SoFi has received an additional $41 million from Bancorp for its private student lending solution.
Today was a big money day for startup funding — and post-startup growth-stage and late-stage fund funding.
If there’s a bustle in your hedgerow, don’t be alarmed now. It’s just Ron Conway.
Swivl is a sort of Roomba for Facetime. It swivels (hence the name) to track a speaker and capture video without the need for a dedicated cameraman. It’s especially useful in modern, video-enabled classrooms for online education.
I believe the expression is, “Nailed it.”
We saw huge deal volume today on the Peninsula; the numbers these companies posted were pretty sickening, too. No tea, no shade, but if the New York/Austin/L.A./Boulder scenes want to keep up, they. Bettah. Werk.
Seems like every hopped-up investor and his mom threw money at some startup or other — but don’t worry, we had our police scanner set to “stun” and caught all the action for you.
Tumblr, which famously hates advertising and only started trying to make money after five years in existence, is in a bit of a pickle, as its $125 million in funding is running out, giving the service only a few-month window in which to raise a new round or find a sugar daddy.
Patients need a better way to communicate with their physicians, and Ringadoc believes it can help. Investors agree; the San Francisco-based startup added another $700,000 to its seed round today, bringing its total funding to $1.9 million.
Cloud startup SugarSync just closed an additional $3 million in funding, according to an SEC filing.
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.
Health Q&A startup HealthTap has raised $24 million in its second round of funding and added former Square COO Keith Rabois to its board of directors.
In a rare twist, the majority of startups closing funding rounds today are targeted to consumers. We’ve recently seen business-focused tech dominate the deals channel.
Netchemia, a startup providing talent management tools, claims it’s used by more than 1,100 K-12 school districts and institutions in 42 states.
It was a big, big day for funding today with no fewer than nine startups getting funding, including one getting acquired for $33 million.
Startups targeted to businesses, rather than consumers, are increasingly closing the largest rounds. Today was no exception.
Wavii, a content summary startup, is likely going to close a deal to be acquired by Google in the next week.
As far afield as Japan, disruptive technologies raised multimillions to bring their companies to the next phase of growth.
“Recent wins like our integration with YouTube are great steps on our mission to help anyone and everyone communicate freely across languages,” said Gengo CEO and co-founder Robert Laing.
The Samwer brothers just invested in Kreditech, a German startup that uses thousands of data points to determine how creditworthy you are.
Smart electricity and lighting startup Enlighted has raised $20 million to expand and bring its smart sensor tech that cuts electric use to many more companies.