Luminoso, a Cambridge, MA-based text analytics company announced $6.5M in Series A funding today, led by Acadia Woods with Digital Garage also participating. That brings their total funds raised to $8M. Luminoso was born out of research at the MIT Media Labs and spun off in 2010. After getting their seed funding in 2012, they have continued to develop the product, which provides text analytics… Read More
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Rackspace — the publicly-listed enterprise cloud services company that competes against the likes of Amazon’s AWS, Microsoft and Google — has been in the spotlight after announcing in May that it has hired bankers to help consider offers to parter with or be acquired by another company. However, it could choose a third option: taking itself private. Following the likes… Read More
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It’s called The Cube, and it’s a trip. Built by Google Creative Labs as “an experimental platform for interactive storytelling”, The Cube is an in-browser manipulateable 3-D box with a different video and audio track on each face. It debuted online today with indie dance band The Presets’ new single “No Fun”. You decide what to watch and hear by… Read More
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TechCrunch has obtained an internal memo sent from Tinder CEO Sean Rad to employees in the wake of a new lawsuit waged against the company. The lawsuit focuses on the relationship between Whitney Wolfe and Tinder co-founder Justin Mateen, accusing him and the company of sexual harassment and sexism. Former VP of Marketing Whitney Wolfe has alleged that Justin Mateen, her ex boyfriend,… Read More
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TechCrunch has obtained an internal memo sent from Tinder CEO Sean Rad to employees in the wake of a new lawsuit waged against the company. The lawsuit focuses on the relationship between Whitney Wolfe and Tinder co-founder Justin Mateen, accusing him and the company of sexual harassment and sexism. Former VP of Marketing Whitney Wolfe has alleged that Justin Mateen, her ex boyfriend,… Read More
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Looking to build a 21st century DIY media empire? The rags-to-not-yet-riches story of Jawn McQuade and Mike Stone, the co-founders of MakersKit may have written the instruction manual.
Launched in February last year, the company has already raised $1.5 million in seed financing, inked distribution agreements with Nordstrom and Urban Outfitters, and published a book through Amazon. Read More
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Dropbox has made another acquisition: Predictive Edge, a startup that had built a way to personalise e-commerce offerings, along with dynamic pricing, for marketers to send out to users and run A/B tests around them.
The service will be shut down, and the founders will be working on something different, as they note in an announcement on the site. Read More
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Google has acquired music streaming service Songza after weeks of speculation around a potential buyout.
Songza uses information about the user and context to determine the best playlists for you at any given time, all of which are curated by music experts (DJs, Rolling Stones writers, etc.). Read More
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The fast-growing Chinese Android devices startup Xiaomi has put out a new set of sales figures for the first half of the year, revealing exactly how fast it’s now selling phones. Xiaomi shifted 26.11 million handsets in 1H14, an increase of 271% from a year earlier 
Meet iCloak Stik: a plug and play device that’s being designed to make robust online privacy accessible to the many not the few — by enabling an average computer user to route their browsing via the Tor or I2P anonymizing networks so it can’t be tracked.