NineSigma raises $4M for innovation market

NineSigma, a startup that helps corporations solve problems by connecting them to a network of innovators, has raised a $4 million round of funding. The Cleveland startup says it will use the money to enhance existing services and to grow internationally.

The “open innovation” marketplace seems… Continue Reading

Seagate will buy online backup company EVault for $185M

Seagate Technology said it will acquire online storage and backup company EVault, of Emeryville, for $185 million cash.

EVault was founded in 1997, and raised at least $16 million in venture capital since 2000 from the Business Engineering Science & Technology Discoveries Fund, Council Ventures;… Continue Reading