Fundings & Exits
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AppDirect makes it easier for enterprises to buy cloud services from the likes of Box, Google, Symantec and others (and serves as a kind of referral service for these businesses). The company today announced that it has raised a $140 million funding round led by J.P. Morgan. All of the company’s existing institutional investors, including Foundry Group, iNovia Capital, Mithril Capital… Read More
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This morning IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to shore up IBM’s hybrid cloud storage chops. Terms of the deal were not available. Cleversafe was founded in 2004, and was well ahead of its time when it came to anticipating the big data revolution. According to its website, the company foresaw the coming data… Read More
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Today Google was granted a patent for using holograms in a head mounted display like Google Glass. It would effectively let Google create augmented reality experiences that superimpose computer-generated imagery (CGI) atop the real world. Filed in March 2014, the patent shows Google’s research into how it could merge its head mounted display technology with AR. But what’s perhaps… Read More
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Interviewed, a company that provides simulations for job candidates, has closed a $2 million seed round with participation from YC, SV Angel, Red Swan Ventures, and Jason Calacanis, among others.
The company also announced that after six months it have given almost 100,000 job assessments, with that number growing from 240 assessments the first month to 43,500 assessments last month. Read More
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“Last year if you asked me if I wanted to start something, I would have said ‘fuckkkkk noooooo’” 4chan founder Chris Poole laughs. But he’s changed his tune and is ready to get back in the game. Poole, aka Moot, started the unruly anonymous image board 4chan when he was just 15 years old. 12 years later, he sold it last week to the owner of Japanese company 2Channel… Read More
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uBeam’s getting ready to ship its wireless phone chargers, so its 26-year old CEO Meredith Perry has hired some hardware industry veterans to whip the business into shape. Former Apple and Palm finance leader Monica Hushen will be uBeam’s new CFO, and Cisco, Palm, and Nokia VP Jeff Devine is joining as COO. Read More
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Kleiner Perkins’ John Doerr hopes that his firm will find itself at a “50/50” ratio, where it has successfully brought in a diverse set of new partners — a problem that has long-plagued the venture capital industry. He spoke at TechCrunch Disrupt SF 2015. “I made it really clear even at Kleiner Perkins, where I’m deeply committed to diversity, we have done… Read More
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CrunchBase, the database of startups, other tech companies and the people who work in them that was originally developed alongside TechCrunch, is spinning out from AOL/Verizon. Emergence Capital is leading an investment in the newly-independent company, while AOL/Verizon — owner of TechCrunch — will retain a stake in the business.
The independent company will be led by Jager… Read More
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