THE BUSINESS OF TECHNOLOGY
by MATT GALLAGHER, Red Herring Providing a one-stop shop for music soundtracks for TV and film producers, konsonant/ is rewriting the rules for how soundtracks are produced. The company's database features music that is unique and written by real film composers, artists and real bands from around the world. “We pride ourselves as the boutique … [Read more...]
Twitter has been valued at $11 billion in a Greencrest Capital report, according to Forbes, which reported the company is eying a possible IPO as early as 2014. The publication credits recent management hirings, including Ali Rowghani’s promotion from chief financial officer to chief operating officer, the hiring of ex-Zynga employee Mike … [Read more...]
Pearson, the British education publisher, purchased a 5 percent stake in NOOK Media, the Barnes & Noble subsidiary that's behind the NOOK reader and its digital content store, for $89.5 million. "We formed NOOK Media to be a leader in the exploding market for digital content," said William Lynch, Chief Executive Officer of Barnes & … [Read more...]
Despite the cynicism of the public market following the Facebook debacle, the IPO market actually managed marginal improvements for 2012, though its success was severely hampered by Facebook and similar market disappointments such as Zynga, according to Renaissance Capital's 2012 Annual Review of the US IPO Market. The IPO market started 2012 … [Read more...]
by Matt Gallagher, Red Herring RingRevenue, a provider of call marketing automation solutions that uses analytics to identify which callers offer the most promising leads, recently landed $3.25 million in funding in a round led by existing investors GRP Partners and Rincon Venture Partners. The company will use the new funding to grow its team … [Read more...]
The US Trade Representative removed the Chinese ecommerce site Taobao from its “Notorious Markets” for piracy, citing efforts on the part of the company to work with copyright holders after it was placed on the list for its reputation for counterfeited merchandise on the site. The Office of the United States Trade Representative report … [Read more...]
After surveying more than a thousand of the leading private companies from North America, Europe, and Asia, Red Herring announced the winners of the prestigious Red Herring Global Top 100 award for 2012. A mark of distinction for identifying promising new companies and entrepreneurs, the award highlights some of the most innovative and … [Read more...]
by Igor Sill, Geneva Venture Partners Insights into the Mississippian Lime Opportunity The recent announcement from Paris-based International Energy Agency projects the US may become the world's largest oil producer by around 2020, overtaking Saudi Arabia, thanks to new technologies capable of extracting previously inaccessible oil reserves … [Read more...]
by Matt Gallagher, Red Herring journalist LightSail, an innovative Berkeley company that uses air compression, water droplets and some creative thermodynamics to store clean energy for the long term, has raised $37.3 million from none other than Bill Gates and Peter Thiel. One of the biggest drawbacks of clean energy is that it comes and goes … [Read more...]
We are delighted to announce an exciting new start-up competition with live finals on December 4th in Miami as part of MEF Americas 2012 Mobile Content & Commerce: the essential cross- border event for thought leaders & deal makers from across North & Latin America’s mobile ecosystems. Hosted by Red Herring CEO, Alex Vieux, 10 mobile … [Read more...]