LucidEra raises $15 million — to bring lucidity to “business intelligence?”
LucidEra offers a web-based service that helps companies collect and analyze data across their internal software systems to make them more efficient, and has just raised $15.6 million.
LucidEra is another company in the somewhat crowded “business intelligence” industry.
These companies try to help a company’s management get a more granular, immediate view of factors affecting their business. For example, they show a sales manager how quickly potential clients are being converted into paying customers, and which… Continue Reading
Is Web 2.0 over and out?
Updated
New Internet technologies, defined vaguely as “Web 2.0,” have gone mainstream, but the cycle of innovation may be slowing, suggests a venture capitalist.
Separately, data shows that venture investments in Web 2.0 companies last year increased strongly, but that valuations actually dropped.
Peter Rip, of Crosslink Capital, who has invested in several Internet companies considered Web 2.0-focused, including Riya, Vast and Teqlo, posits that one way to check the “energy dissipation” around Web 2.0 is to look… Continue Reading
Dave Duffield’s return, Mobile YouTube, Visto’s bulldog & more
(Updated) end of week roundup:
Peoplesoft founder Dave Duffield launches new company, Workday — Some details have already leaked out, but the launch announcement coming is Monday. No surprise that it’s related to his former love, Peoplesoft, which got gobbled by nemesis Oracle — something he says he he took pretty hard. Duffield, who always loves to rally the troops, is back at it again: Workday is doing the sort of back-office software stuff that Peoplesoft was… Continue Reading