technology ventures

technology ventures

The VC drain: Yes, we're a big importer of capital too

www.geekwire.com
At the Technology Alliance annual luncheon this week in downtown Seattle, industry leaders lamented the sad state of the educational system. Zillow co-founder Rich Barton and Apex Learning CEO Cheryl Vedoe spoke in detail about how Washington state isn’t doing a good job of educating our own students, relying on “imported”...
The VC drain: Yes, we're a big importer of capital too

Social Sports Game Start-Up Scores Funding From Drew Brees, Others

allthingsd.com
As social gaming continues to evolve on Facebook, companies are beginning to look beyond the very successful — yet tapped out — stay-at-home female demographic. One new area that start-ups are flocking to exploits the exact opposite: men and their love for sports. “We are about guys and sports and...
Social Sports Game Start-Up Scores Funding From Drew Brees, Others

ABB responds on pulling investment from GreenVolts

gigaom.com
Earlier this week solar startup GreenVolts told me that it had lost a major investment from power company ABB and as a result laid off more than 60 of its 80 employees, and is now looking for a buyer. Greentech Media first reported the troubles from the startup. You’re probably...
ABB responds on pulling investment from GreenVolts

Newsmakers 2012: Modumetal CEO Christina Lomasney looks to reinvent the steel industry

www.geekwire.com
Christina Lomasney Christina Lomasney isn’t out to change the way we share photos with one another, nor does she want to create a new mobile app for finding the best restaurants in your neighborhood.  Nope, she’s frankly got bigger fish to fry. A University of Washington-trained physicist who previously worked...
Newsmakers 2012: Modumetal CEO Christina Lomasney looks to reinvent the steel industry

The New VC Kids On The Block Helping Europe's Startups To Pick Up The Pace

techcrunch.com
In dribs and drabs, the European venture capital scene has started to look gradually more like it will develop a broader range of VCs than in the past. True, the majority of European VC funds have not performed well, but I’m not here to talk about the incumbents but more...
The New VC Kids On The Block Helping Europe's Startups To Pick Up The Pace

Nokia acquires geographic information company MetaCarta

deals.venturebeat.com
Nokia announced today (via TechCrunch) that is has acquired MetaCarta, a Cambridge, MA-based company that specializes in geographic information. The details of the acquisition have not been made public. MetaCarta’s technology joins geographic search and geographic tagging capabilities to allow users to find information about any location. Its products are...
Nokia acquires geographic information company MetaCarta

Just Sing It Raises $1M For Its iPhone Karaoke App, With Users Recording 500K Songs In Two Weeks

techcrunch.com
The makers of Just Sing It have announced that they raised $1 million in funding. I wrote about the app when it launched earlier this month. At the time, CEO Alec Andronikov told me that his vision is to create a truly addictive social experience — users don’t just share...
Just Sing It Raises $1M For Its iPhone Karaoke App, With Users Recording 500K Songs In Two Weeks

Silicon Labs to buy Ember for $72M for Internet of things

gigaom.com
The over a decade-old company that makes the building blocks — chips, gear and software — for ZigBee-based wireless networks is finally being acquired. Austin-based chip company Silicon Labs announced on Monday that it has acquired Boston-based Ember for $72 million. Ember was founded back in 2001 and backed by...
Silicon Labs to buy Ember for $72M for Internet of things

Two Weeks Before Deadline, UX Awards Only Has One Submission

www.betabeat.com
The User Experience Awards has up to 25 awards to give out, but has received only one submission with two weeks left before the deadline, Betabeat has learned. "We have a whopping ONE submission. We need submissions!" wrote organizer Beverly May, founder of Oxford Technology Ventures, in a plea sent...
Two Weeks Before Deadline, UX Awards Only Has One Submission

Donuts and Cheezburger among WSJ's top 50 VC-backed startups

www.geekwire.com
Flickr photo via Marc Falardeau Investors are always chasing the “next big thing” in technology. And now The Wall Street Journal has created a list of its picks of those venture-backed companies poised for the big leagues. Will some crash and burn? Undoubtedly. But after considering nearly 6,000 companies, here...
Donuts and Cheezburger among WSJ's top 50 VC-backed startups
Maybe it’s time to rethink how we fund broadband

Former Microsoft CFO John Connors named to Midas List for top investors

www.geekwire.com
John Connors John Connors, a venture capitalist at Bellevue-based Ignition Partners who previously served as CFO of Microsoft, was named to Forbes’ 2013 Midas List that honors tech’s top investors. Connors has made a number of good investments in companies like Splunk, which went public last April, Heroku, XenSource and Parse,...
Former Microsoft CFO John Connors named to Midas List for top investors

What Stanford Professor Tina Seelig Told Googlers About Innovation

www.businessinsider.com
Stanford professor, neuroscientist and author Tina Seelig, who just published InGenius: A Crash Course On Creativity, recently spoke at Google about innovation. Seelig heads up Stanford's Technology Ventures Program and says that creativity can be taught — but you have to work at it. Watch her full presentation here; otherwise...
What Stanford Professor Tina Seelig Told Googlers About Innovation
Chevron sponsors green tech companies at the CleanTech Open, looks to invest in renewable energy
BrightSource raises a whopping $80M for solar farms
Funding Daily: Welcome to the Winners' Circle

Simply Hired fires a big part of its staff (exclusive)

venturebeat.com
VentureBeat has learned that job search startup Simply Hired has laid off approximately 20 percent of its staff, according a source close to the company. After repeated queries, the company would neither confirm nor deny the percentage of staff that it had laid off. However, it did admit that...
Simply Hired fires a big part of its staff (exclusive)

Seattle ranks 4th as global startup hub, edges out NYC

www.geekwire.com
Seattle rainbow Silicon Valley remains the king of the hill when it comes to startup hubs. But there are a number of other communities that are developing strong entrepreneurial ecosystems, including Tel Aviv, Los Angeles, Seattle and New York, according to a new report out today from The Startup Genome....
Seattle ranks 4th as global startup hub, edges out NYC

Seeking To Become The Eventbrite Of Japan, PeaTiX Raises $1 Million From 500 Startups And Others

techcrunch.com
Like the U.S., Japan has a ticketing problem. Big incumbents keep independent event producers from managing ticket sales and growing their events. In the same way that Eventbrite helped to provide more efficient options for event organizers to get the word out and sell tickets in the U.S., PeaTiX is...
Seeking To Become The Eventbrite Of Japan, PeaTiX Raises $1 Million From 500 Startups And Others

New Medio service aims to bring device analytics to the masses

www.geekwire.com
Medio Systems has built a profitable business by helping big brands such as T-Mobile and Angry Birds maker Rovio measure and analyze what their customers do inside their mobile apps and services, with the goal of helping those companies boost engagement with those users, and generate more revenue. Today the...
New Medio service aims to bring device analytics to the masses

Mobile analytics startup Medio trims staff in 'realignment'

www.geekwire.com
Medio laid off a number of employees in engineering, network operations and testing this week as the Seattle mobile analytics startup undergoes what CEO Robert Lilleness describes as a “realignment.” The news comes just a few days after Medio co-founder David Bluhm returned to the company as chief marketing officer,...
Mobile analytics startup Medio trims staff in 'realignment'

Cellrox Secures $4.7M Led by Runa Capital For Its BYOD Virtualization Solution

techcrunch.com
Investors can’t seem to get enough of the BYOD trend of late. Today sees another ‘bring your own device’ startup receive funding — Tel Aviv-based Cellrox, which claims to be a leader in BYOD ‘multi-persona’ solutions for mobile devices, has raised a $4.7 million series A round led by Runa...
Cellrox Secures $4.7M Led by Runa Capital For Its BYOD Virtualization Solution

Big Data Company RainStor Raises $12 Million Series C From Credit Suisse And Rogers Venture Partners

techcrunch.com
RainStor, makers of a “NewSQL” database, announced that has received a $12 million series C round led by Credit Suisse and Rogers Venture Partners with participation by previous investors Doughty Hanson Technology Ventures, Storm Ventures and The Dow Chemical Company. The company has now raised at least $23.5 million. RainStor...
Big Data Company RainStor Raises $12 Million Series C From Credit Suisse And Rogers Venture Partners

Helping To Grease The Wheels Of Capitalism In Emerging Markets, Mambu Raises $2M For Its SaaS For Alternative Finance Providers

techcrunch.com
Hot on the heels of closing a “new” €40m fund, Point Nine Capital is announcing its involvement in another investment today. Together with Russian VC Runa Capital, it’s leading a $2 million Series A round in Berlin-based Mambu, the SaaS for alternative finance and “micro-finance” organisations mainly in Africa and South...
Helping To Grease The Wheels Of Capitalism In Emerging Markets, Mambu Raises $2M For Its SaaS For Alternative Finance Providers

YouTube, Digg and Skype founders talk technology at LeWeb London

www.guardian.co.uk
Chad Hurley, Kevin Rose and Niklas Zennström mull over the next big thingsBilled as "All-Star Entrepreneurs", Chad Hurley, Kevin Rose and Niklas Zennström shared the stage for a spot of technology futuregazing at the LeWeb London conference.Their credentials? Hurley was one of YouTube's co-founders, and is now CEO at AVOS...
YouTube, Digg and Skype founders talk technology at LeWeb London
Frank Rimalovski on the importance of entrepreneurship at schools

RainStor raises $12M to turn your big data small

gigaom.com
RainStor, a database vendor that focuses on extreme compression of large data sets, has raised a $12 million Series C round from Credit Suisse and Rogers Venture Partners as well as existing investors Doughty Hanson Technology Ventures, Storm Ventures and The Dow Chemical Company. RainStor is riding quite a wave of momentum...
RainStor raises $12M to turn your big data small

The Ascent Of The Arab Startup

www.fastcompany.com
When I arrived in Dubai in late 2009, Maktoob was all the rage. The Internet portal, founded in Jordan 11 years earlier, had hit the big time with the kind of exit that technology ventures dream of. In August 2009, a couple months before I arrived, Yahoo! had acquired Maktoob...
The Ascent Of The Arab Startup

E-signature company DocuSign raises $47.5M, names Mary Meeker to board

www.geekwire.com
DocuSign, the maker of electronic signature technology, has raised $47.5 million in equity financing, according to a SEC filing released today. Terms of the deal and investment firms were not listed in the filing, though it did note that Mary Meeker is a director. We presume that’s the former investment...
E-signature company DocuSign raises $47.5M, names Mary Meeker to board

Here’s Johnny! SkySQL Raises Another $2.5m To Give Oracle Nightmares

techcrunch.com
SkySQL plans to be something of a thorn in Oracle’s side. As you’ll recall MySQL, which as a free database platform annoyed Oracle, was sold to Sun and then Oracle bought Sun. That was supposed to keep a lid on things. Now with MySQL under its wing Oracle plans to...
Here’s Johnny! SkySQL Raises Another $2.5m To Give Oracle Nightmares
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