It’s been a relatively slow news day so far, at least as far as funding and M&A news in the Bay Area tech world.
—One Kings Lane, the San Francisco-based flash sales site for home goods, said it has raised $40 million in Series C financing. Tiger Global Management led the round, which was joined by one other new investor, Institutional Venture Partners, as well as existing investors Kleiner Perkins Caufield & Byers and Greylock Partners. Joining as observers on the company’s board are Tiger Global managing director Lee Fixel, Greylock partner James Slavet, and Kleiner partner Bing Gordon.
—Santa Clara, CA-based eASIC, a maker of low-cost application-specific chips, has raised $12.5 million in an eighth round of funding, according to a report today in Dow Jones VentureWire. New investors Intuitive Venture Partners led the Series H round, which also included existing investors Advanced Equities, Crescendo Ventures, Evergreen Partners, Khosla Ventures, and Kleiner Perkins Caufield & Byers, VentureWire reported.
—Berlin, Germany-based Groupon clone DailyDeal.de has been acquired by Google, according to an announcement on its site. The startup had raised venture funding from Insight Venture Partners. Google has not yet confirmed the purchase, and the company did not disclose the terms of the acquisition.
Author: Wade Roush
Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco.
Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.)
I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia.
I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats.
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