Fundings & Exits
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Drone Maker DJI Takes Minority Stake In Iconic Swedish Camera Company Hasselblad
On the heels of a $75 million investment from Accel, Chinese drone king DJI is putting some of its funding to use by making some investments of its own. The company this week announced that it would be taking a stake in Hasselblad, a camera maker from Sweden that focuses (!) on high quality equipment, often used in more challenging environments. This is a minority stake and neither… Read More
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New Relic Acquires Cloud Infrastructure Monitoring Service Opsmatic
The application monitoring service New Relic today announced better-than-expected quarterly earnings, but in addition, it also today disclosed that it has acquired the cloud infrastructure monitoring company Opsmatic.
New Relic mostly focuses on giving insight into how well their applications are performing on their servers. Opsmatic takes a similar approach, but its focus is more on the… Read More
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Netatmo, France’s Answer To Nest, Raises $32M To Build Its Smart Home Business
France has developed something of a name for itself as a center for IoT startups, and today another mover and shaker in the space is making some waves. Netatmo, a Paris-based designer of stylish connected home devices like smart thermostats and security cameras — think France’s answer to Nest — is announcing that it has raised €30 million ($32 million). Read More
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500 Startups Introduces Batch 15: Under-Sea Drones, Puppy Treats, And On-Demand Snow Plowing
It seems like only yesterday that we were introducing you to 500’s Batch 14, but Summer is gone, the demos have been done, we’ve picked our favs and it’s time to introduce you to the next group going through 500’s accelerator — 500 Startups’ Batch 15. 500 Startups has a thesis of investing in many startups, some that they consider “unsexy,”… Read More
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SPUN’s New App Makes It Easy To Mash Up Videos And Make Your Own Memes
Short videos, looping videos and GIFs are some of the hottest types of user-generated content on the web today, and have everyone from Instagram to Twitter and even Facebook and Google getting involved in offering support and tools for creators. Today, a new app called SPUN wants to capitalize on this growing trend by allowing users to mash up videos from their phone along with topical… Read More
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GAME Golf Rolls Out A New Live Golf Shot Tracker
John McGuire had never golfed before, but he had a background in sports psychology and big data. And it was that combination that eventually drove him to start Active Mind Technology, a sports technology company that first launched with a golf shot-tracking product. Now Active Mind Technology is coming out today with an updated live-tracking golf shot device that attaches to golf clubs and… Read More
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VISR Raises A Million For An App That Helps Parents Spot Online Bullying, Mental Health Concerns On Kids’ Accounts
Parents today can be overwhelmed when trying to keep up with their child’s online activity, and often fail to spot troubling behavior like bullying, threats, sexting, and even possible mental health issues. A new app called VISR, which launched publicly just in time for back-to-school, has now closed on a million in funding to help alert parents to safety issues involving their… Read More
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IBM’s Shopping Spree Continues As It Buys Cloud Brokerage Firm Gravitant
IBM could have a shopping problem. It’s become the company that can’t say no as it scoops up properties to prop up its cloud strategy. Last week it was The Weather Company. Last month it was Cleversafe and today it was cloud brokerage firm, Gravitant. With Gravitant, it gets cloud brokerage, which helps companies manage cloud purchases across multiple suppliers. IBM plans to fold… Read More
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Zeta Interactive Acquires eBay Enterprise’s CRM Business
EBay today finalized the sale of its previously announced eBay Enterprise business. As part of this deal, Zeta Interactive, the big data-driven marketing firm co-founded by David Steinberg and former Apple and Pepsi-Cola CEO John Sculley, today announced that it has acquired the CRM division of eBay Enterprise. Read More
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ClearSky Data Lands $27 Million To Expand Hybrid Storage Solution
ClearSky Data has come up with an interesting approach to solve the data storage cost and speed problem. Today it was rewarded with a $27 million Series B round to continue the mission. The company came out of stealth in August with a plan to offer customers a multi-tier, fully managed, hybrid data-management solution. In practice this involves an appliance that’s installed in your… Read More
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