THE BUSINESS OF TECHNOLOGY
An Exciting Era for Investors in the Age of Innovation At the Red Herring Global 100 this past December in Los Angeles, Keval Desai, a partner at InterWest Partners, discussed where to invest in 2012 and beyond at a keynote roundtable, together with George Coelho, managing director of Good Energies. Afterward, Red Herring had a chance to … [Read more...]
In an effort to provide a more personalized ecommerce experience, Groupon has acquired Adku, the ecommerce big data startup, the company recently announced. Though officially undisclosed, the price has been rumored to be around $10 million, Techcrunch reported. Founded by three former Google engineers, Adku optimizes personalized shopping … [Read more...]
Imagine fuel converted from the emissions of a smoke stack, thanks to a bacteria originally discovered in the intestinal tracks of rabbits. Thanks to a recently landed $55.8 million in Series C funding, LanzaTech may soon be delivering that fuel to a gas station near you. The round was led by the Malaysian Life Sciences Capital Fund. New … [Read more...]
Proview Shenzhen Technology, a Chinese company based in the city Shenzhen, has accused Apple of patent infringement over the iPad. "We ask the court to stop selling and marketing for Apple’s iPad in China. We also demand an apology,” said Xie Xianghui, a lawyer representing the Proview Technology Shenzhen told China Daily. It's an interesting … [Read more...]
Telemarketers don't have many friends, but some of them still do have jobs and families to feed, which has become increasingly difficult in the modern era. Leads360 provides a consumer sales and telephony platform that enables telemarketers to better manage their leads. The company recently raised $15 million in growth stage financing with a … [Read more...]
Mosoro, a Bluetooth accessory startup that utilizes internal sensors to do everything from judge your golf swing to streaming media directly to a device, has raised $1.5 million in Series A funding. The round was led by leading Internet entrepreneurs and co-founders of ServiceMagic.com, Mike Beaudoin and Rodney Rice as well as Boulder venture … [Read more...]
Now the largest smartphone in the world, Apple claimed ranks as the third largest phone manufacturer in the world, according to recent IDC research. Now available in more than 90 countries, the new iPhone 4S is largely to thank for the computer conglomerate 's success, selling a record breaking 37 million iPhones in the fourth quarter. In the … [Read more...]
Google Android is the world's most popular smartphone platform with 47.3 percent of the market, up 2.5 percentage points since September, according to recently released figures from comScore. The research company studied sales for the three month period ending in December 2011. Android has been activated on over 250 million devices, up 50 … [Read more...]
Eight years after Mark Zuckerberg launched the world's largest social media site from his Harvard dorm room, Facebook has finally decided to go public, aspiring to fetch $5 billion for its recent IPO. The move will turn many of the company's employees into instant millionaires, including not only former secretaries but the graffiti artist who … [Read more...]