Staff Picks

Tech investors could lose out as Kremlin counter-sanctions E.U., U.S.


Tech businesses face setbacks due to a round of sanctions imposed by the Russian government on the U.S. and European Union. The bans, which come amid heightened political tension in war-torn Ukraine, thus far affect a large number of food exports for one year. The Kremlin has also publicly mulled barring all European and American flights from … [Read more...]

College startups on the rise as students flock to entrepreneurial pursuits

student entrepreneur program

Sean Branagan is bullish on college startups. Not just the wunderkind, drop-out-of Harvard Microsofts and Facebooks; he believes that there are thousands of students across the country who can build and run sustainable businesses, all while staying in school. “We want students to start businesses while they’re in school, a real business,” says … [Read more...]

Amazon’s new ventures worry investors further


So far 2014 has been a tough year for Amazon CEO Jeff Bezos. In recent weeks, his net worth reportedly shrank by up to $1 billion thanks to a 16% drop in Amazon's share price since the start of the year. The immediate cause of this decline was a worse-than-expected $126 million loss for the second quarter of 2014, but many value investors will … [Read more...]

Altitude Digital raises $7m as ad tech market continues to attract investment

Altitude ARENA

Altitude Digital, a video and display advertising technology startup, recently announced a $7 million credit facility from Silicon Valley Bank. The funding is the latest milestone in the company’s rapid growth, and reflects a strong investment environment in the ad tech sector. Denver, Colorado-based Altitude Digital previously raised equity … [Read more...]

Buzzfeed raises $50 million funding round – Investment Round Up


Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital, Kite Ventures and Slow Ventures all participated. New York-based Plated delivers recipes and ingredients to consumers to allow them to cook their own … [Read more...]

Social media giants enjoy encouraging quarter


The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum, with rumors circulating that its latest investment round would be led by the Chinese e-commerce giant Alibaba at a $10 billion valuation. For the likes of Facebook … [Read more...]

Social Tables secures $8m funding round – Investment Round Up


Seed funding Two Tap, an in-app e-commerce platform, has raised $2.7 million in seed funding. Digital Garage, Green Visor Capital, Initialized Capital, Khosla Ventures, SV Angel and Transmedia Capital all took part in the round. The company, founded in 2013, will use the new funds for product development, marketing and recruiting.  “Consumers want … [Read more...]

Vectra Networks secures $25m – Investment Round Up

Screen Shot 2014-08-05 at 9.23.14 AM

Series A Palo Alto, Calif.-based big data analytics company Metanautix has raised $7 million from Sequoia Capital and angel investor Shiva Shivakumar, an early Google employee and current CEO of UrbanEngines. CEO Theo Vassilakis is a former Microsoft software developer and Google Engineering Director. Series B Mobile enterprise security … [Read more...]

IPO+M&A Watch: Mobileye, Synchrony, Apple


IPO This week’s activity in the public markets was headlined by the stock market debut of Synchrony Financial, GE’s consumer finance arm divested as a separate, public entity. Synchrony finances private label retail credit cards for customers such as Amazon, J.C. Penny and Wal-Mart. The company raised $2.88 billion, selling 125 million shares at … [Read more...]

Twitter stock soars as World Cup boosts user figures

twitter 2

Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading on Tuesday, following the most impressive quarterly earnings report since Twitter went public. The San Francisco-based company now boasts 271 … [Read more...]