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Droidjack creator defends ‘parental control tool’ as Europol storms homes

October 30, 2015

The maker of a controversial malware, whose users have been targeted today in a global sting operation, has defended its use. In a series of emails to Red Herring the product’s creator…

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

August 7, 2014

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…

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Doctor on Demand raises $21m – Investment Round Up

August 6, 2014

Series A Doctor on Demand, a virtual doctor service, has raised $21 million in a Series A round led by Venrock. Shasta Ventures and angel investor Sir Richard Branson also participated. The…

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Vectra Networks secures $25m – Investment Round Up

August 5, 2014

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…

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Scytl raises additional $44m – Investment Round Up

August 4, 2014

Series A Haha Pinche, a car sharing app based in China, has raised $10 million in Series A funding, in a round led by Sequoia Capital. Innovation Works also participated in the…

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

August 1, 2014

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…

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Sony’s surprise Q2 profits belie poor annual figures

July 31, 2014

Sony Corp posted surprise second-quarter profits today, despite warning of big year-end losses. Net income for the three months ending June was $260.82 million, compared to $30.1 million for the same quarter…

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Microsoft to lay off 18,000 in biggest jobs cut

July 17, 2014

U.S. tech giant Microsoft is set to lay off 18,000 employees, according to an internal memo from its new CEO. Satya Nadella, who took over the reigns from longterm chief Steve Ballmer…

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Sensoria raises $5m Series A – Investment Round Up

July 17, 2014

Seed Open-source machine learning startup PredictionIO has raised $2.5 million in seed funding in a round led by Quest Venture Partners. Azure Capital Partners, CrunchFund, the StartX Fund and Kima Ventures all…

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Digital security sector remains hot as Andreessen Horowitz injects $90m into Tanium

June 25, 2014

Andreessen Horowitz (a16z) has pumped $90 million of funding into Tanium, an enterprise security and systems management company.It was the second largest single investment by the venture capitalist firm and the latest…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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