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TransLattice Releases First Geographically Distributed Database

July 30, 2012

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…

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DocuSign Nabs $47.5M for R&D and European Expansion

July 25, 2012

DocuSign, the electronic signature platform based out of San Francisco, recently nabbed $47.5 in Series D funding, led by Kleiner Perkins Caufield & Byers. Mary Meeker, known for her annual Internet Trends…

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Microsoft’s Bing Fund Incubates Startups with Cash, Advice, Technology

July 17, 2012

Microsoft officially announced its Bing Fund, an angel investor and business incubator that will offer promising startups cash, advice and privileged access to Microsoft’s technology. The fund will make $50,000 to $100,000…

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Growing 164%, China’s Smartphone Market Tops US

July 11, 2012

China has officially claimed the crown of the world’s largest cell phone market, growing 164 percent to 33.1 million smartphones sold last quarter, according to recent data from Needham & Company, the…

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Netflix: Over 1 Billion Hours Streamed in June, Stock Jumps 20%

July 6, 2012

Netflix subscribers streamed a massive 1 billion hours of video content in June, a record for the site, Netflix’s CEO Reed Hastings announced on his Facebook page earlier this month. Hastings credited…

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Apple Wins Injunction Against Samsung’s Galaxy Nexus

July 2, 2012

A federal judge has granted Apple its injunction against Samsung in the company’s patent dispute, preventing the phone maker from selling in the US the Samsung Galaxy Nexus, the flagship handset sporting…

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Apple Places $1 Billion Bet on Reno, Nevada Data Center

June 28, 2012

Tax breaks aren’t free. In exchange for $89 millions of dollars in tax incentive, Apple is planning to build a $1 billion data center in Reno, Nevada, in order to house its…

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Microsoft Buys Yammer for $1.2 Billion

June 27, 2012

Putting an end to the rumors, Microsoft officially announced it has bought Yammer for a whopping $1.2 billion price tag. Continuing in its San Francisco location and managed by CEO David Sacks,…

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Apple No Longer Touts Claims of Virus Immunity

June 25, 2012

It may have been a subtle switch in wording, but Apple’s latest description of its own security features rings in a new age, a day when not even the Mac is safe…

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Peter Thiel Raises $402M Tech Growth Fund, Targets a Total of $1B

June 25, 2012

Peter Thiel, the superstar investor who co-founded Paypal and made a legendary early bet on Facebook, has raised $402 million for a new fund called Mithril Capital Management, designed for late stage…

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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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