THE BUSINESS OF TECHNOLOGY
Pure Storage, the enterprise solid state storage entrepreneur, has raised an impressive $150 million. The company claims it’s the largest single private round in the history of storage. It is also the third largest financing round in a North American business technology company this year, according to Bloomberg data. The investment values the … [Read more...]
Mobile advertising startup Locket has successfully set customers a-clicking. The company has approximately 100,000 users, a quarter of whom downloaded Locket within two days of launch. The company announced a new program, “My Ads,” last week that asks users to recommend ads they want to see on lock screens; and now Locket says engagement through … [Read more...]
Even when your phone’s off, you might not be off grid. The OFF Pocket, a metalized-fabric case currently on Kickstarter, blocks signals to mobile phones and ensures users digitally disappear. The product’s designed to give users privacy and peace of mind, as well as a chance to disconnect. “The pocket functions effectively to protect your … [Read more...]
To flesh out plans for their floating city, The Seasteading Institute takes fundraising to Indiegogo. With capital from the masses matched by the Thiel Foundation, twenty-first century pioneers may settle the oceanic frontier by 2020. “Our biggest challenge is getting over this first hurdle, where we get enough people together, enough money … [Read more...]
Apigee, which provides an API platform to simplify the creation of apps, has landed $35 million in a Series E sizable enough it could carry the company to an IPO. The round was led by a fund under management by a subsidiary of BlackRock, Inc ., with participation from Accenture, Bay Partners, Focus Ventures, Norwest Venture Partners (NVP), SAP … [Read more...]
Gamer and developer Tasneem Salim wanted in on her country’s gamer conventions. The only problem? No girls allowed. So Salim and her two co-founders, Felwa Al Suwalim and Najla Al Arifi, created their own, girls-only version: GCON. The event, sponsored by tech titans Sony, Nintendo and Microsoft, brought 3 thousand women together in Riyadh, Saudi … [Read more...]
San Diego-based Inebriated Innovations, LLC wants to help homebrewers make great beer with a tool that’ll smooth the road to fermentation. With their Kickstarter campaign up almost $40,000, they’re nearly halfway to building a better beer with the BrewBit “Model-T.” The enthusiasts behind the campaign are fundraising to produce a wireless … [Read more...]
While some consider Singapore a market in miniature, online commodities shop Redmart has used it as a platform for tremendous growth. Its success depends on logistics and proper scaling; and while the company learned to walk in Singapore, it’s almost ready to run. For folks in the Western Hemisphere who might not know, Redmart’s a Singaporean … [Read more...]
It’s rare that consumers celebrate ads on their devices. But they may be singing a different tune after downloading Locket, which pays them for their time. Adding to the pros: Locket CEO Yunha Kim promises the Android app won’t just make mobile ads less annoying––it’ll make them entertaining. “What we’re trying to do is change how mobile … [Read more...]
There’s an adage in business: If you’re early, you’re on time, and if you’re on time, you’re late. But to land a job in the first place, you’ll need to beat the clock as well as other applicants to the punch––which is where Proven, the job search platform for desktop and mobile, races in. “Proven is changing the way people apply and experience the … [Read more...]