THE BUSINESS OF TECHNOLOGY
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...]
The Red Herring editorial team selected the Finalists for the 2012 Red Herring 100 Global Award. This group of companies is the short list for the Top 100 award. They are the most innovative and promising companies from a pool of thousands from across North America, Europe and Asia. The Finalists are evaluated on both quantitative and … [Read more...]
RainStor, the provider of a specialized database that enables wide scalability through extreme compression techniques, has raised $12 million in a Series C round led by Credit Suisse and Rogers Venture Partners. Existing investors Doughty Hanson Technology Ventures, Storm Ventures and the Dow Chemical Company also participated. Spun out of … [Read more...]
Striving to provide a developer friendly platform for mobile payments, Braintree has raised $35 million in Series B financing to give Paypal a run for its money. The funding was led by New Enterprise Associates, with existing investors Accel Partners, RRE Ventures and Greycroft also participating. The round brings the startup's total funding to … [Read more...]
by Matt Gallagher, Red Herring Barely a month after its launch, SimpliVity has raised a $25 million investment led by Kleiner Perkins Caufield & Byers to help propel its “data center in a box” technology to market. Existing investors Accel Partners and Charles River Ventures also contributed. Living up to its name, SimpliVity strives … [Read more...]
Kabbage, which provides fast liquidity to online merchants, has raised $30 million in Series C financing in a round led by Thomvest Ventures, the venture capital arm of Peter Thomson, director of Thomson Reuters. Previous investors, including UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, Warren Stephens and David Bonderman … [Read more...]
Square, the mobile payments startup that turns any smartphone into a credit card machine, has raised an astonishing $200 million Series D financing round. AllThingsD, which first broke news of the investment, has pegged the value of the company at $3.25 billion. The round includes contributions from Citi Ventures, Rizvi Traverse Management, and … [Read more...]
The list is up. Come visit us in Hong Kong on September 10-12 and enjoy presentations from the 2012 Top 100 Asia contenders. … [Read more...]
The Red Herring editorial team selected the short list for the 2012 Red Herring 100 Asia Award. They are the most innovative and promising companies from a pool of hundreds from across Asia. The Finalists are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, IP … [Read more...]
Pure Storage, the flash enterprise storage company, raised another $40 million in funding, its second cash infusion despite only launching out of stealth mode a year ago. Index Ventures’ Mike Volpi led the round, with participation from existing investors Greylock Partners, Redpoint Ventures and Sutter Hill Ventures. The new funding brings the … [Read more...]