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…
SimpliVity Scores $25M to Ramp “Data Center in a Box
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…
Kabbage Harvests $30M in Series C for Small Cash Advances
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…
Square Closes $200 M Round, Processes Over $8 B in Annual Payments
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,…
Red Herring Asia Presenting Companies
The list is up. Come visit us in Hong Kong on September 10-12 and enjoy presentations from the 2012 Top 100 Asia contenders.
2012 Top 100 Asia Short-list Released
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…
Pure Storage Raises $40M to Take Flash Storage Solution European
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…
Skyera Launches Flash Storage Solution at $3 per GB
by MATT GALLAGHER, Red Herring Skyera launched Skyhawk this week, a series of enterprise solid-state storage systems that effectively eliminate the price barrier to solid state storage technology. At $3 per gigabyte,…
TransLattice Releases First Geographically Distributed Database
by Anam Alpenia, Red Herring The future of the database lies in geography. TransLattice, the provider of distributed database and application platforms, today released the next generation in databases that uses multiple…
Original Art without the Risk: Rise Art provides an alternative to Wall Decor
The art market can be an intimidating place to wade into for first time buyers. Traditional galleries with their white empty spaces and uninterested staff often create atmosphere that discourages new collectors…