Microsoft’s profit hit hard following Nokia acquisition

Microsoft has reported an 18% increase in revenue for the fourth quarter of its financial year, but the cost of integrating Nokia's handset business hurt profits. The software heavyweight earned $23.4 billion in revenues during the last three months of the fiscal year, a 18% increase over the previous quarter's results of $19.9 billion and just … Read More


How Berlin became an online privacy haven

After NSA contractor Edward Snowden leaked millions of secrets that blew the lid off American spying activities, Germany's most famous news magazine Der Spiegel defended him, blazoning "Asyl Für Snowden" (Asylum for Snowden) on its front page. Since then, Snowden has found a home in Moscow. But many hoped the German capital of Berlin had provided … Read More


IPO Watch: GoPro, Box, Alibaba

Keep an Eye On After delaying its IPO, Box Inc. might be looking elsewhere for a cash infusion. The Wall Street Journal reported earlier in the week that the Los Altos, CA-based online storage company is in discussions with TPG Capital to raise as much as $100 million, around what it raised in its last round of venture funding. Box is not yet … Read More

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Drone platform Airware raises $25m – Investment Round Up

Series A Freshbooks, a cloud-based accounting software provider, has raised a Series A round worth $30 million, led by Oak Investment Partners. Atlas Venture and Georgian Partners also participated. Freshbooks has … Read More

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Workspot raises $6.5m Series A – Investment Round Up

Seed Jobr, a job search platform, has raised $2 million in seed funding from Lerer Ventures,Redpoint Ventures, Eniac Ventures, Lowercase Capital, Tim Draper, and others. The Jobr app seeks to connect job seekers and employers through a Tinder … Read More.

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Digital security sector remains hot as Andreessen Horowitz injects $90m into Tanium

Andreessen Horowitz (a16z) has pumped $90 million of funding into Tanium, an enterprise security and systems management company.It was the second largest single investment by the venture capitalist firm and the latest indication that now, more than … Read More.


Wi-Fi-connected LED lightbulb maker LIFX raises $12 Million from Sequoia -Investment Round-Up

Seed Funding Y-Combinator alumnus AnyPerkhas secured an additional $3 million in seed funding to help companies manage and distribute the perks they provide to employees. The Vegas Tech Fund, FundersClub, and Vayner/RSE participated alongside … Read More.


Financial Information Provider Markit, Ltd. raises $1.3 billion–Week of June 16th IPO Watch

Keeping an Eye On MobileIron, Inc. began trading on Nasdaq under the MOBL symbol last Thursday after raising around $100 million in its IPO. The stock has sustained its climb since that first day, when it surged 22 percent to close at $11.02. As … Read More.


Kickstarter risks losing itself in the crowd with latest rule changes

Kickstarter relaxed its regulations this week, in an effort to increase the number of projects eligible to receive funding through the site. After five years of enforcing higher barriers to entry than its competition, the company hopes the move will … Read More.


2014 Red Herring North America Top 100: Winners

The Red Herring Top 100 North America event in Monterey, California brought together a vast and remarkably successful field of companies. The group of finalists hailed from many different industries, offered a wide range of products and innovated in … Read More.

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Hipmunk secures $20m funding round – Investment Round Up

Series A Observable Networks, which provides network security technology, has raised $2.45 million in Series A funding. The round was led by DH Capital and prior backer Vectis II fund also participated. The company will use the funds to expand and … Read More.

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Trifacta raises $25m – Investment Round Up

Series B GrabTaxi, the on-demand taxi hailing service, has raised over $15 million in a Series B investment round led by GGV Capital. Travel search service Qunar and Vertex Venture Holdings also participated. The company currently operates its … Read More.