[Updated 1/5/10 11:15 am. See below.] It’s official: Qualcomm (NASDAQ: [[ticker:QCOM]]) today announced that it has signed an agreement to acquire San Jose’s Atheros Communications (NASDAQ: [[ticker:ATHR]]) at $45 a share, or roughly $3.1 billion. The transaction has been approved by the boards of both companies, but must still clear the necessary regulatory requirements. Atheros … Continue reading “Qualcomm Reportedly in Talks to Acquire Atheros Communications”
Category: San Francisco
$3M Assist for Assistly
San Francisco-based Assistly, a 2009-vintage startup in the “social CRM” space alongside companies like Get Satisfaction and Zendesk, said today that it has raised $3 million in new funding. The money came from Bullpen Capital, Index Ventures, Social Leverage, True Ventures, and individual investor Kenny Van Zant. The company, which offers a collaborative Web-based desktop for customer … Continue reading “$3M Assist for Assistly”
Vaccine Innovations That Will Expedite Access for the Next Generation of Treatments
As viral pandemics and drug resistant bacteria become more common, it is imperative that the pharmaceutical industry increases its efforts to develop truly revolutionary treatments to combat infectious diseases. One area of focus is the development of new prophylactic and therapeutic vaccines. When a pandemic strikes, the traditional vaccine development and manufacturing process is cumbersome … Continue reading “Vaccine Innovations That Will Expedite Access for the Next Generation of Treatments”
Motorola Splits in Two, But No Word Yet on Mobility’s New HQ
Motorola, which began business in Chicago 83 years ago as the Galvin Manufacturing Co., is officially splitting into two separate companies today: Motorola Solutions (NYSE: [[ticker:MSI]]) retains the company’s mainstay public-safety radio, bar-code scanner, and RFID businesses, while Motorola Mobility (NYSE: [[ticker:MMI]]) gets the cell phone and cable set-top box businesses. I had expected Motorola … Continue reading “Motorola Splits in Two, But No Word Yet on Mobility’s New HQ”
Facebook Raises Another $500M
In a move that could further prolong its days as a private company, Facebook is adding $500 million to its war chest in a fundraising effort coordinated by Goldman Sachs Group and Russian investment group Digital Sky Technologies, according to a report today from Dow Jones VentureWire. The new agreement sets the Palo Alto-CA-based social … Continue reading “Facebook Raises Another $500M”
PneumRx Raises $33M
PneumRx, a Mountain View, CA-based maker of a medical device that restores elastic recoil in the damaged lung tissue of patients with emphysema, said today that it has raised $33 million in working capital from European venture firms Forbion Capital Partners and Endeavour Vision. The round was also joined by existing investors Adams Street Partners, … Continue reading “PneumRx Raises $33M”
Creating the Next Silicon Valley—The Chilean Experiment
I spent two weeks of December in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile, which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. I did a keynote on innovation hubs at the newly created DoFuture program, spoke at Santiago’s Startup Weekend … Continue reading “Creating the Next Silicon Valley—The Chilean Experiment”
Xoma Nabs $35M Upfront Deal
Xoma (NASDAQ: [[ticker:XOMA]]), the Berkeley, CA-based developer of targeted antibody drugs, said today it will receive a $35 million upfront fee from France-based Les Laboratories Servier for the right to co-develop a new anti-inflammation treatment. Xoma could receive as much as $470 million in milestone payments through the partnership, and a “mid-teens” percentage cut of … Continue reading “Xoma Nabs $35M Upfront Deal”
Internet Commerce Pioneer Seeks to Crack Secretive Culture With Cancer Commons
[Update 7:10 am 1/5/11] Cancer patients share their personal ups and downs all the time on Facebook and who knows how many Internet message boards. Now if one Silicon Valley entrepreneur gets his way, scientists and physicians will start sharing their experiences in treating cancer in ways that might actually help them come up with … Continue reading “Internet Commerce Pioneer Seeks to Crack Secretive Culture With Cancer Commons”
CellScape Receives $1,586,785 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6376d13-6bda-478d-9a78-a80be0d52bb5&Preview=1 Date 1/4/2011 Company Name CellScape Mailing Address 465 Fairchild Dr., Building A Mountain View, CA 94043 Company Description The company is developing technology to enable noninvasive, fetal genetic testing in the period between the eight weeks and 14 weeks of pregnancy. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,586,785 Transaction … Continue reading “CellScape Receives $1,586,785 New Funding Round”
Wild Needle Garners $2,509,097 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad07c570-a3b5-4b48-ac08-c112568fc7a4&Preview=1 Date 1/4/2011 Company Name Wild Needle Mailing Address 201 San Antonio Cir. Mountain View, CA 94040 Company Description We’re working on some great ideas for the next generation of social games for mobile devices. Website http://www.wildneedle.com Transaction Type Venture Equity Transaction Amount $2,509,097 Transaction Round Series A Proceeds Purposes Proceeds purposes … Continue reading “Wild Needle Garners $2,509,097 Series A Round”
Piqqual Lands $1,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53a75baa-041a-4646-a719-c76d723ede07&Preview=1 Date 1/4/2011 Company Name Piqqual Mailing Address 2393 Qume Dr. San Jose, CA 95131 Company Description Piqqual is a fabless semiconductor company in San Jose, California with products in the mixed signal tuner & demodulator fields. Website http://www.Piqqual.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Series A Proceeds Purposes … Continue reading “Piqqual Lands $1,000,000 Series A Funding Round”
Venture-Backed Buyouts at Record Volume as Increasing Pace of Exits Mark Possible Recovery
Initial public offerings and acquisitions surged for venture-backed companies during the fourth quarter of 2010. The results suggest a recovery in the overall pace of “liquidity events” since the capital crisis of 2008, which triggered a painful economic recession throughout the U.S. and elsewhere. Most of the IPO activity was driven by Chinese companies going … Continue reading “Venture-Backed Buyouts at Record Volume as Increasing Pace of Exits Mark Possible Recovery”
How 2011 Will Unfold in Healthcare
It’s the beginning of the year—an opportune time to forecast how 2011 will unfold in healthcare. We are likely to see some surprises, such as the sharply rising importance of primary care physicians. Here are some predictions about the new year: • More consolidation is on its way in healthcare under Obamacare, which heightens the … Continue reading “How 2011 Will Unfold in Healthcare”
Biotech Showcase 2011
This conference invites public and private life sciences companies from across the globe to present to investors and business development executives. Workshops and sessions will cover topics such as personalized medicine, life sciences financing, and the FDA approval process. Register here.
Inside Google’s Age of Augmented Humanity: Part 1
Editor’s Note: This is Part 1 of a three-part story that we originally published on January 3, 5, and 6, 2011. We’re highlighting it today because the series was just named by Longform.org as one of its top technology stories of 2011. Already, it’s hard for anyone with a computer to get through a day … Continue reading “Inside Google’s Age of Augmented Humanity: Part 1”
Five Popular Predictions for 2011 That Are Wrong
1. Prediction in Vogue: 2011 will be the year of the “Super Angel” Reality: Given all the angel investment activity, and the fact that it has never been easier to start a new company (low cost of computer power, plenty of talented people, plenty of real estate, etc), too many “me too” companies will be … Continue reading “Five Popular Predictions for 2011 That Are Wrong”
PneumRx Lands $11,878,824 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d362144c-44df-4540-96ab-71c53caa29e8&Preview=1 Date 1/3/2011 Company Name PneumRx Mailing Address 530 Logue Avenue Mountain View, CA 94043 Company Description PneumRx is a rapidly growing medical device company dedicated to providing innovative devices to clinicians that will assist in early diagnosis and minimally invasive treatment of lung diseases. Website http://www.pneumrx.com Transaction Type Debt, Venture Equity … Continue reading “PneumRx Lands $11,878,824 New Financing”
Facebook Garners $500,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e20c67a-ce4b-4273-8861-c145ce385333&Preview=1 Date 1/3/2011 Company Name Facebook Mailing Address 471 Emerson St Palo Alto, CA 94301-1605 Company Description Facebook is a social directory that enables people to share information. Facebook increases information flow between people by giving them access to the information that is most relevant to them. Website http://www.facebook.com Transaction Type Venture … Continue reading “Facebook Garners $500,000,000 New Financing”
The Top 10 Ways 2010 Changed Mobile Apps
This month, IDC analysts released a forecast report showing that mobile apps will support more of our everyday interactions, with downloads projected to increase to nearly 76.9 billion in 2014. However, while future predictions are great to consider, it’s always valuable to take a look back at what actually happened over the past year. Undoubtedly … Continue reading “The Top 10 Ways 2010 Changed Mobile Apps”
Ubicom Secures $4,962,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c113efb4-90de-4d9c-a08d-3fba54a404ab&Preview=1 Date 12/31/2010 Company Name Ubicom Mailing Address 195 Baypointe Parkway San Jose, CA 95134 Company Description Ubicom develops communications and media processor (CMP) and software platforms that address the unique demands of real-time, interactive applications and multimedia content delivery in the digital home. Website http://www.ubicom.com Transaction Type Venture Equity Transaction Amount … Continue reading “Ubicom Secures $4,962,000 New Funding”
Vapore Lands $1,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f04e609-235c-4c9a-979c-46bcf05377d0&Preview=1 Date 12/31/2010 Company Name Vapore Mailing Address 1411 Harbor Bay Pkwy. Alameda, CA 94502 Company Description The company said it has created a small ceramic device called a capillary force vaporizer, or CFV, that generates a powerful jet of pressurized vapor from un-pressurized liquid. The CFV could displace current widely used … Continue reading “Vapore Lands $1,100,000 New Round”
Utique Lands $3,551,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=864d568a-48ce-4ecb-a1d3-5abe504b8136&Preview=1 Date 12/31/2010 Company Name Utique Mailing Address 2448 Larkin Street San Francisco, CA 94109 Company Description The company provides products and services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,551,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Virtual Instruments Garners $21,858,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=724fe289-beab-4c5d-9d33-81dc0ca8a583&Preview=1 Date 12/31/2010 Company Name Virtual Instruments Mailing Address 100 Enterprise Way Scotts Valley, CA 95066 Company Description Virtual Instruments is the leader in Virtual Infrastructure Performance Optimization. Our customers optimize application performance and availability using VirtualWisdom, the world’s only real-time performance monitoring solution for SANs and virtual infrastructure. Website http://www.virtualinstruments.com Transaction … Continue reading “Virtual Instruments Garners $21,858,000 New Funding”
VivoTech Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b31e4e0e-ffdc-474a-9067-9621c5683577&Preview=1 Date 12/31/2010 Company Name VivoTech Mailing Address 451 El Camino Real 2nd Floor Santa Clara, CA 95050 Company Description ViVOtech is the leading software provider of NFC mobile phone payments, Over-the-Air (OTA) provisioning of promotions and payment cards and smart poster applications. Website http://www.vivotech.com Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “VivoTech Secures New Round”
UniversityNow Garners $300,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4faf87dd-6a22-4571-8f6a-beecdcf2085a&Preview=1 Date 12/31/2010 Company Name UniversityNow Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company provides online education services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Novak Biddle Venture Partners
Viki Secures $4,300,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fc520d6-f1b9-4a2a-b781-e50cf9730c23&Preview=1 Date 12/31/2010 Company Name Viki Mailing Address Undisclosed Palo Alto , CA 94301 Company Description The company provides video content in different languages. Website http://www.viki.com Transaction Type Venture Equity Transaction Amount $4,300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Andreessen Horowitz Venture Investor Charles … Continue reading “Viki Secures $4,300,000 New Funding Round”
Vascular Designs Lands $295,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2a294f5-2bd2-449a-9192-f2f81efce601&Preview=1 Date 12/31/2010 Company Name Vascular Designs Mailing Address 917 Pramukhs Way San Jose, CA 95120 Company Description Vascular Designs’ IsoFlow infusion catheter is a new treatment option for people suffering from life-threatening illnesses like cancer. Website http://www.vasculardesigns.com Transaction Type Venture Equity Transaction Amount $295,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Vascular Designs Lands $295,000 New Funding”
Top Five Biotech Surprises & Innovations of 2010, and Five Trends to Watch for in 2011
1. FDA’s decision to remove the breast cancer indication from the label of bevacizumab (Avastin). 2. Approval of Dendreon’s sipuleucel-T (Provenge), representing a new class of drug. 3. Sanofi-Aventis’ pursuit of Genzyme. It illustrates an industry move towards adding orphan and rare therapeutic areas to pharma portfolios. Another example of the trend came when Pfizer … Continue reading “Top Five Biotech Surprises & Innovations of 2010, and Five Trends to Watch for in 2011”
Xconomy Man of Year for 2010—Plus a Gigantic Energy Prediction for 2011
My Xconomy “Man of the Year” for 2010 would not be Mark Zuckerberg (that should have been a year or two ago if you are on the leading edge like Xconomy), but rather Andrew Mason, founder of Groupon. The speed and magnitude that this business innovation achieved through this company was stunning and still boggles … Continue reading “Xconomy Man of Year for 2010—Plus a Gigantic Energy Prediction for 2011”
The Top 3 Technology Surprises of 2010, and Six Predictions for 2011
Top Surprises of 2010: · Magnitude of iPad success · Isilon’s acquisition by EMC as well as the resurgence of the storage sector overall · Rapid growth of Android smart phones 2011 Predictions: · Continued growth of web services and people will stop referring to things as “private”, “public” and “hybrid” cloud and focus more … Continue reading “The Top 3 Technology Surprises of 2010, and Six Predictions for 2011”
TrueAnthem Garners $2,876,752 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d757178-977f-4330-9044-6cbca8817929&Preview=1 Date 12/29/2010 Company Name TrueAnthem Mailing Address 3235 Fillmore St 2nd Floor San Francisco, CA 94123 Company Description The company is a label that provides online and offline avenues for promoting talent. Website http://www.trueanthem.com Transaction Type Venture Equity Transaction Amount $2,876,752 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “TrueAnthem Garners $2,876,752 New Funding Round”
Trapit Secures $1,797,609 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cdd2db18-3eaf-4a1c-883f-cbf6a8b99c36&Preview=1 Date 12/29/2010 Company Name Trapit Mailing Address 2390 El Camino Real Palo Alto, CA 94306 Company Description The company provides users with a cognitive computer system that can learn from its experience, as well as by being advised. Website http://www.trapit.com Transaction Type Debt Transaction Amount $1,797,609 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Trapit Secures $1,797,609 New Funding”
TextualAds Secures $650,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8743fbd-4c41-49a8-8635-de52387685a9&Preview=1 Date 12/29/2010 Company Name TextualAds Mailing Address Undisclosed San Francisco, CA 94107 Company Description Get the most out of your Fan Page by reaching your audience both online and offline. TextualAds allows you to leverage your existing fan base to build rich mobile lists of fans who want to hear from … Continue reading “TextualAds Secures $650,000 New Funding Round”
Northern California’s Top 5 Biotech Innovation News Stories
The year that was 2010 was another year on the rollercoaster. We had our ups and our downs. But throughout, we continued to be at the forefront of innovation. From mature companies to emerging technologies, 2010 was an exciting year. Here are BayBio’s top five stories for 2010. 1. Amgen secures approval for two new … Continue reading “Northern California’s Top 5 Biotech Innovation News Stories”
One Surprise in the Auto Industry in 2010—With More on the Road Ahead
We saw much of what has happened coming. I am surprised at how quickly the domestic auto industry has become profitable at still a depression level of sales. Looking ahead I think we will be surprised at the rate of cost reduction of batteries and electric and plug-in hybrid technology. [Editor’s Note: This is part … Continue reading “One Surprise in the Auto Industry in 2010—With More on the Road Ahead”
BrightSource Energy Lands $89,554,169 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08a0bbb0-827d-4ea5-a70e-ca7c9ef62884&Preview=1 Date 12/28/2010 Company Name BrightSource Energy Mailing Address 1999 Harrison Street Oakland, CA 94612 Company Description Bright Source Energy develops utility-scale solar power plants using high-temperature solar thermal technology that concentrates sunlight and converts the resulting heat into electricity. Website http://www.brightsourceenergy.com Transaction Type Venture Equity Transaction Amount $89,554,169 Transaction Round Undisclosed … Continue reading “BrightSource Energy Lands $89,554,169 New Round”
Vaccines Top the List of 2010 Innovations
For us it would be in the area of vaccines first. The approval of the first cancer therapeutic vaccine from Dendreon in prostate cancer establishes the concept that immunotherapy is a conceptually achievable and clinically useful approach for treating cancer. This allows us and others to develop novel concepts of immunotherapy for cancer. On another … Continue reading “Vaccines Top the List of 2010 Innovations”
Adynxx Obtains $4,803,858 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c5cb00a-48bd-4114-9719-ffe00f71fdc5&Preview=1 Date 12/27/2010 Company Name Adynxx Mailing Address 665 3rd St. San Francisco, CA 94107 Company Description The company is dedicated to developing the next breakthrough therapeutic treatments for chronic pain. Website http://www.adynxx.com Transaction Type Venture Equity Transaction Amount $4,803,858 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Adynxx Obtains $4,803,858 Series A Round”
Thanks for the Big Welcome, Bay Area—and See You Next Year
Like many news operations, Xconomy is going into hibernation for a well-deserved week off, starting December 24. We’ll fire up WordPress, Tweetdeck, and all of our other tools again on Monday, January 3 (which happens to be my birthday). The only exception: a series of guests posts that we’ll be publishing in our Xconomist Forum … Continue reading “Thanks for the Big Welcome, Bay Area—and See You Next Year”
Responsys Files for IPO
San Bruno, CA-based Responsys, which makes software that helps companies automate e-mail, Web, mobile, and social-media marketing campaigns, announced today that it has filed registration forms with the Securities and Exchange Commission in preparation for an initial public offering. The company hasn’t yet said how many shares of common stock it will sell, or what … Continue reading “Responsys Files for IPO”
Lookout Finds $19.5M
Lookout Mobile Security, a San Francisco startup specializing in cloud-based security for mobile phones, said today that it has raised $19.5 million in Series C financing. New investor Index Ventures led the round, which also included existing investors Accel Partners and Khosla Ventures. Index partner Mike Volpi has joined the company’s board. The company says … Continue reading “Lookout Finds $19.5M”
$1.3M for LiquidSpace
Palo Alto, CA-based LiquidSpace has raised $1.3 million toward a potential $1.8 million round of equity-based financing, according to a December 20 regulatory filing. The stealth-mode startup was founded by former VengaWorks Venture Centers CEO Mark Gilbreath and Kardia Health Systems COO Doug Marinaro and counts Floodgate Fund’s Mike Maples as a director. According to … Continue reading “$1.3M for LiquidSpace”
How VCs Use Advice from Experts
In recent years, doctors, scientists, and experts who consult with pharmaceutical companies and hedge funds have come under increasing scrutiny from the media and their fellow professionals. The truth is, it’s a case of caveat emptor—both for the experts and for the organizations hiring them. Biotech or medical device companies that are trying to promote … Continue reading “How VCs Use Advice from Experts”
Marvell CEO Says ARM Chips are “Here to Stay,” With or Without Microsoft Windows
The CEO of Santa Clara, CA-based semiconductor maker Marvell, Sehat Sutardja, has downplayed the significance of rumors circulating this week that Microsoft plans to unveil a version of Windows that runs on low-power ARM chips like those made by Marvell, Qualcomm, Samsung, and many other companies. Observers are saying that such a move would be … Continue reading “Marvell CEO Says ARM Chips are “Here to Stay,” With or Without Microsoft Windows”
Novariant Garners $4,457,456 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40021820-c6b4-42c3-a55e-202e6dac3b7c&Preview=1 Date 12/23/2010 Company Name Novariant Mailing Address 45700 Northport Loop East Fremont, CA 94538 Company Description Novariant is the premier industrial solutions provider for precision positioning, intelligent control systems and positioning infrastructures. Website http://www.novariant.com Transaction Type Venture Equity Transaction Amount $4,457,456 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Novariant Garners $4,457,456 New Round”
Limerick BioPharma Lands $3,585,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7191ea9d-e2b2-4fc9-8520-4f0141eef52b&Preview=1 Date 12/23/2010 Company Name Limerick BioPharma Mailing Address 601 Gateway Blvd. South San Francisco, CA 94080 Company Description Limerick BioPharma is dedicated to developing compounds that, when used adjunctively with both marketed and investigational drugs, significantly improve the quality of patients’ lives. Our compounds minimize toxic side effects at non-targeted vulnerable … Continue reading “Limerick BioPharma Lands $3,585,000 New Funding Round”
Lookout Mobile Security Lands $19,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=682693ba-0425-468d-89ec-66b0a23b6b45&Preview=1 Date 12/23/2010 Company Name Lookout Mobile Security Mailing Address 500 Third Street San Francisco, CA 94107 Company Description Lookout is a mobile security company dedicated to making the mobile experience safe for everyone. Website http://www.mylookout.com Transaction Type Venture Equity Transaction Amount $19,500,000 Transaction Round Undisclosed Proceeds Purposes This investment will help … Continue reading “Lookout Mobile Security Lands $19,500,000 New Round”
Path Adds Video
In a blog post this evening, San Francisco-based Path announced that it has added video capabilities to its photo sharing app for the Apple iPhone. “Wonderful personal moments can be captured and shared with a photo. But, they would be infinitely better with video,” the company writes in the post. The addition of the video … Continue reading “Path Adds Video”
Streetline Unveils iPhone Parking App, Seeks to Take Guesswork out of Finding a Spot
It’s a universal urban experience: You’re zigzagging around the crowded city streets in your car, looking for an empty parking spot. The person in the passenger seat tells you to go right. You think you’ll have better luck if you go left. An argument ensues—as pointless as it is bitter, since neither of you has … Continue reading “Streetline Unveils iPhone Parking App, Seeks to Take Guesswork out of Finding a Spot”