Dropbox makes two acquisitions – Investment Round Up

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Series A According to TechCrunch, San Mateo-based marketing performance management company Beckon has secured $8 million in a Series A round. August Capital and Canaan Partners invested. The company confirmed in a blog post that it had gained $10 million in total funding so far. El Dorado Ventures is also listed as an investor in Beckon on its … [Read more...]

Coupa Software raises $40m – Investment Round Up

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Series A Sunnyvale-based LeanData, which aims to facilitate B2B sales, has received $5.1 million in a Series A investment. Shasta Ventures led the round, which saw participation from Felicis Ventures, the Funders Club, and Correlation Ventures. Customers include Marketo, Kony, and Extole. Series B Saffron Technology, the Cary, NC-based cognitive … [Read more...]

Google’s Internet TV and wearables ventures give encouraging results

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Google recently announced further advances into new territory . The company disclosed news regarding its Internet TV and wearables businesses at South by Southwest, the Austin, Texas tech conference. But what do these new ventures reveal about Google’s future strategy? The Mountain View behemoth hasn’t abandoned its bread-and-butter business, … [Read more...]

Apple looks to bring iOS into vehicles with CarPlay

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Apple’s plans to integrate its devices in cars have ramped up from first to second gear. The company announced three car brands will soon sell vehicles equipped with CarPlay, which transforms vehicles into mobile iPhones. Apple has driven around this particular block before, as the company has already introduced its technology into automobiles. At … [Read more...]

NTP Offers Universal Access to Business File Data Management


By MATT GALLAGHER, Red Herring journalist As NTP Software’s CEO Bruce Backa is fond of saying: “The business of file data management may not be as sexy as Google or Facebook, but like death and taxes you can’t get away from it.” Luckily now you don’t have to. Thanks to NTP’s Universal File Access, a product the company debuted this week, file … [Read more...]

IBM Acquires UrbanCode for Fast App Development

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In a sign that devops, the practice of fast software deployment, is the next big thing, IBM has acquired UrbanCode, a Cleveland software startup that automates the production and delivery of apps. The company’s systems are aligned with IBM’s own SmartCloud and Mobile First initiatives and will reportedly nicely complement IBM’s Worklight mobile … [Read more...]

AccessData Raises $45M for First Investment in its 25+ Year History

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AccessData, the cyber security and digital forensics company that was one of the first to get in on the data and cyber protection gig way back in 1987, has raised $45 million for its first funding in the legacy company’s 26 year history. The investment includes a $20 million equity trade from Sorenson Capital and $25 million in structured debt … [Read more...]

US Defense Secretary Warns of “Cyber-Pearl Harbor”


It's no longer just Sony, your LinkedIn account, or Yahoo email address that needs to be concerned about cyber crime. After announcing that certain attacks on US banks and Middle Eastern oil companies were perpetuated by a nation state, US Defense Secretary Leon Panetta warned of the possibility of a “cyber-Pearl Harbor that would cause physical … [Read more...]

Microsoft Faces $7.4B Euro Fine for “Error” of Missing Browser Ballots


by Anam Alpenia, Red Herring The EU Competition Commission has ruled that Microsoft failed to comply with a 2009 ruling mandating it to offer a choice of web browsers, which could mean a hefty fine of up to $7.4 billion, about 10 percent of the computer giant's revenue in 2012, Reuters reported. Following its investigation that began last July, … [Read more...]

GitHub Raises $100M in Andreessen Horowitz’s Largest Investment Ever

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GitHub has raised a jaw dropping $100 million from Andreessen Horowitz, the largest investment ever for the Sand Hill firm, according  to the Wall St. Journal. The investment reportedly values the company at $750 million. The amount is surprising, but what is more surprising is that the four year old bootstrapped company actually took it. The … [Read more...]