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Is This Overfunded Sandals Project the Biggest Kickstarter Flop Yet?

betabeat.com
Bad news for those among Vere Sandals’ 1,091 backers on Kickstarter who still haven’t received their footwear: The factory caught on fire and your sandals may have gotten burned up. Really. At least Vere’s creators are offering to negotiate “options” to fulfill its obligations to backers and has refunded some...
Is This Overfunded Sandals Project the Biggest Kickstarter Flop Yet?
Cloud storage startup Egnyte nets $16M to boost brand

Virtualization software firm Atlantis Computing raises $20m from Adams Street, Cisco and others

thenextweb.com
Atlantis Computing, a Silicon Valley virtualization software company that specializes in data center storage optimization solutions, has secured $20 million in a Series D round of financing led by a new backer, private investment firm Adams Street Partners. Prior investors Cisco Systems, El Dorado Ventures and Partech International also chipped...
Virtualization software firm Atlantis Computing raises $20m from Adams Street, Cisco and others

OnLive's founder and CEO Steve Perlman is out

gigaom.com
Here’s the latest from the ongoing OnLive restructuring drama: OnLive’s founder and former President and CEO Steve Perlman has left, the company just told us via press release. He is being replaced by former head of operations Charlie Jablonski, who will take on the role of COO and acting CEO....
OnLive's founder and CEO Steve Perlman is out

OUYA ships early backer consoles, staggers delivery over the weeks ahead

www.engadget.com
OUYA is true to its word: the company has confirmed to us that it's shipping the first units of its namesake game console to the many, many people who crowdfunded at a tier high enough to set aside a production system. If you've received a tracking notice, you should...
OUYA ships early backer consoles, staggers delivery over the weeks ahead

How the Angry Birds Almost Died Before the First Level

allthingsd.com
Mikael Hed almost pulled the plug on Rovio while the Angry Birds were still in development. After several years in business, his mobile game company had yet to produce a hit. Rovio’s chief backer, Hed’s father, Kaj, was struggling to figure out how to keep the company going. “He told...
How the Angry Birds Almost Died Before the First Level

Smartwatch Developers Rejoice! Pebble Will Release Proof-Of-Concept Watchface SDK In Early April

techcrunch.com
After much fanfare the Pebble smartwatch made the leap from fanciful concept to full-fledged product earlier this year, but now that units have started to ship and people have started to wear them, what’s Pebble’s next step? Why, enticing developers, of course. Pebble founder Eric Migicovsky noted in a backer...
Smartwatch Developers Rejoice! Pebble Will Release Proof-Of-Concept Watchface SDK In Early April
Startups: Money Orgies: Investors Who Love Them, and Entrepreneurs Who Don’t
Satarii turns to Kickstarter to help design its newest Swivl

SimpleGeo Digs Up Another $8 Million And A Group Of Former Digg Employees

techcrunch.com
Almost exactly one year ago, we first wrote about former Digg lead architect, Joe Stump, and former Social Thing founder, Matt Galligan, teaming up to form Crash Corp., an “alternate reality mobile gaming” startup. A lot can change in a year. Today, Stump and Galligan are well into building out...
SimpleGeo Digs Up Another $8 Million And A Group Of Former Digg Employees

Domain registrar and Web host Namecheap begins accepting payment via Bitcoin

thenextweb.com
Last week virtual currency Bitcoin hit an all-time high after passing the $32 mark for its US dollar exchange rate, and now it has gained a significant new backer after domain host Namecheap began accepting it for payments. As we note last week, the company had been preparing to accept the currency for...
Domain registrar and Web host Namecheap begins accepting payment via Bitcoin

Airbnb Home Rentals Aren't Even Legal In Its Hometown Of San Francisco

www.businessinsider.com
Airbnb is fighting in Washington to get legal cover for its business of helping people rent out their homes, apartments, and couches to strangers. But it's also facing a struggle in its hometown of San Francisco, despite backing from Mayor Ed Lee, and the president of the Board of Supervisors,...
Airbnb Home Rentals Aren't Even Legal In Its Hometown Of San Francisco

GE to pour $105M into EMC and VMware's Pivotal Initiative

gigaom.com
The Pivotal Initiative, the big cloud and big data startup backed by parents EMC and VMware, now has another big, scary backer: General Electric is ponying up $105 million for a 10 percent stake in the company. Bill Ruh, GE’s VP, will talk about the investment and the Pivotal One...
GE to pour $105M into EMC and VMware's Pivotal Initiative
Tickets for PandoMonthly SF with Index's Danny Rimer on sale now!

Top 10 Most Popular Stories Of The Week

www.fastcompany.com
Here are the stories you read, shared, tweeted, and pinned this week. Design reigned supreme this week with a look at the new Microsoft Office, a revamped Visual.ly (which allows you to make and share infographics), and a new website toolkit that finally gets it right. But no one drew...
Top 10 Most Popular Stories Of The Week

Aereo TV is set to expand into 22 more US cities from late spring following $38m funding

thenextweb.com
Antenna-supported Web TV service Aereo TV is set to roll out into 22 additional US cities in late spring following a series B round worth $38 million. The announcement was made at the Global Internet, Media & Telecommunications conference at CES. The round is led by IAC and Highland Capital...
Aereo TV is set to expand into 22 more US cities from late spring following $38m funding

Brightcove Raises Another $12 Million; Hints An IPO May Come Next Year

paidcontent.org
Online video platform company Brightcove has raised $12 million in a fourth round of funding—and is now talking about going public as soon as next year. CEO Jeremy Allaire (pictured) told us this fall that his company—which has now been profitable for nearly a year—did not need to raise...
Brightcove Raises Another $12 Million; Hints An IPO May Come Next Year

Shares of Sprint continue to fall as analyst warns of possible bankruptcy fears

www.geekwire.com
Could the country’s third largest wireless carrier Sprint be headed toward a bankruptcy filing? That’s the fear of at least one stock analyst who said the company — led by telecom vet Dan Hesse and a big backer of Clearwire — faces a very uncertain future. The stock continued to...
Shares of Sprint continue to fall as analyst warns of possible bankruptcy fears

Nextdoor, Social Network for Neighborhoods, Gets Facebook, LinkedIn Backer

bits.blogs.nytimes.com
Nextdoor, a San Francisco-based Web site for connecting neighbors, has something else in common with Facebook and LinkedIn, its far bigger and better known peers in the social networking trade: the same early investor. Greylock Partners, a venture capital firm that made investments years ago in LinkedIn and Facebook, has...
Nextdoor, Social Network for Neighborhoods, Gets Facebook, LinkedIn Backer

The ethics of cloning: Why 'original' isn't always essential

gigaom.com
Another day, another massive wad of cash flying Rocket Internet’s way. This time it’s JP Morgan again, putting somewhere between $40m-$80m into the Samwer Brothers’ Lamoda fashion site. Lamoda is of course a Russian version of Rocket’s Zalando, which is in turn a clone of Zappos. JP Morgan has already...
The ethics of cloning: Why 'original' isn't always essential

Jeff Bezos boosts investment in photo editing service Aviary

www.geekwire.com
Photo editing upstart Aviary has reeled in $6 million in new funding from Bezos Expeditions, the venture arm of Amazon.com founder Jeff Bezos, Spark Capital and others. All Things D reports that Aviary is now used by eight million people, with more than 100 million photos edited via the tool...
Jeff Bezos boosts investment in photo editing service Aviary

Adly Raises $2M More As It Expands Tools For Social Media Celebrity Endorsements

techcrunch.com
Adly, a startup that connects advertisers with celebrities willing to post promoted messages on social networks, recently raised $2 million in additional funding. The new funding came from previous backer GRP Partners and new investor Siemer Ventures. Adly has now raised a total of $7.5 million. The company also launched...
Adly Raises $2M More As It Expands Tools For Social Media Celebrity Endorsements

Video conferencing firm Vidyo has raised almost $100m to date, Juniper joins as strategic backer

thenextweb.com
Network solutions company Juniper Networks is the latest to join the relatively long list of investors supporting HD video conferencing and collaboration software company Vidyo. Through its Junos Innovation Fund, the company has participated in Vidyo’s recently announced $22.5 million Series D round of funding. Terms of the financing round...
Video conferencing firm Vidyo has raised almost $100m to date, Juniper joins as strategic backer
Airlines start issuing mobile boarding passes for iOS 6′s Passbook early

Reachli (formerly Pinerly) raises seed money for in-image ads

pandodaily.com
Marketers have been anticipating the release of Pinterest’s API for almost a year. In the interim, a myriad of SaaS tools have sprung up, some in the form of new startups like Pinerly, and others under the umbrella of the now-acquired social SaaS tools from Wildfire, Buddy Media and Vitrue....
Reachli (formerly Pinerly) raises seed money for in-image ads

Oppose CISPA If you value any privacy in our digital world | Dan Gillmor

www.guardian.co.uk
Cyber-security is a real problem, but Congress' latest CISPA bill tries to solve it by attacking the freedom of the internetIf you are eligible to vote in the United States, please take a break from whatever you're doing today and call your member of the US House of Representatives. Tell...
Oppose CISPA If you value any privacy in our digital world | Dan Gillmor

As Tableau readies for IPO, Marc Andreessen laments that tech companies don't want to go public

www.geekwire.com
Andreessen (Photo via Wikipedia) Tableau Software is expected to start trading on the New York Stock Exchange this Friday under the ticker symbol “DATA,” marking the first Seattle tech company to go public since Zillow’s public offering in July 2011. Demand appears to be strong for the 10-year-old company, which...
As Tableau readies for IPO, Marc Andreessen laments that tech companies don't want to go public

Early-backer GameStick consoles delayed to June, dev units now shipping

www.engadget.com
Fancied PlayJams' GameStick Android gaming console enough to back it on Kickstarter earlier this year? The good news is that Dev units have been shipping to the roughly 600 who signed up, with the remaining ones set to head out within a week. The bad news? The early-backer versions...
Early-backer GameStick consoles delayed to June, dev units now shipping

A rising tide lifts all boats: Explosive Kickstart growth helps all

arstechnica.com
Nearly 90,000 backers pledged over $3.3 million dollars on Kickstarter to make video game developer Double Fine’s new adventure game project a reality. But Double Fine's immense success worried some projects that they would suffer from reduced contributions as a result. Not so, says Kickstarter. In fact, in a post...
A rising tide lifts all boats: Explosive Kickstart growth helps all

Apple CEO Tim Cook May Be On The Fancy, A Rival To Pinterest (AAPL)

www.businessinsider.com
The Fancy is the New York-based Pinterest competitor that is killing it in social commerce. It may now have the most powerful business figure in the world--Apple CEO Tim Cook--signed up as a user. There's an account with the username "timcook" on the service. That's easy to fake. But The...
Apple CEO Tim Cook May Be On The Fancy, A Rival To Pinterest (AAPL)
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