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Fundings & Exits

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Lost Item Tracker Tile Locates $3 Million More In Series A Funding From Khosla Ventures

Published June 9, 2015

Lady_with_Purse-77 Tile, the square-shaped lost item tracker that attaches to everything from bikes to bags to key chains and more and then helps you locate those items if lost or stolen through a mobile app, has now raised an additional $3 million. The new funding comes from Khosla Ventures, and is an extension to the $13 million Series A Tile raised last fall to fund its international expansion and Android… Read More

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Kobalt Quietly Acquired AMRA To Launch Its Own Global Collection Group For Digital Music

Published June 8, 2015

Screen Shot 2015-06-08 at 14.54.55 Kobalt, the London-based startup that has built big-data technology to track and collect digital music royalties from across multiple streaming platforms, is turning up the volume on its business. The company has quietly acquired and redesigned one of the main collection agencies in the U.S. — the American Mechanical Rights Agency. The new organization — which was “small… Read More

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LaunchDarkly, A Startup That Helps Companies Soft-Launch Features, Raises $2.6M

Published June 4, 2015

launchdarkly dashboard Whenever many large technology have a new feature they want to test, they roll it out to a small set of users before letting it go live. That those companies get feedback on the feature and iron out any bugs, and also roll back the changes quickly if anything is wrong or if the users don’t like it. But that requires teams of people to maintain those tools, and smaller startups… Read More

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Sources: DST Global Led Mobile Shopping App Wish’s $500M Round

Published June 3, 2015

wish DST Global, Yuri Milner’s late stage VC fund, took the lead on the purported $500 million financing round invested in Wish, the mobile shopping app, according to people familiar with the matter.
Forbes reported earlier that it had obtained SEC documents, which revealed Wish’s plans to raise $500 million by February. Forbes sources (as well as our own) pegged the valuation at $3… Read More

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Piston Goes To Cisco, Blue Box to IBM As OpenStack Consolidation Accelerates

Published June 3, 2015

Servers in the cloud. Cisco announced this morning it has purchased private cloud — and OpenStack — specialist Piston Cloud Computing. The acquisition comes on the heels of its Metacloud purchase last Fall, and the acquisition marks the latest OpenStack startup to get scooped up as the market consolidation continues.
Meanwhile IBM grabbed the OpenStack private-cloud service Blue Box, another… Read More

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Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

Published June 1, 2015

Intel logo outside their headquarters. This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in the works for months, but perhaps the… Read More

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SoftBank Ups Its Stake In Supercell To 73% As Accel Cashes Out Of The Mobile Gaming Giant

Published June 1, 2015

clash of clans Some ownership changes afoot at Supercell, the mobile gaming giant out of Finland behind blockbuster titles like Clash of Clans and Hay Day. Japan’s SoftBank has upped its stake in the startup to 73.2 percent, after buying an additional 22.7 percent of shares from existing external investors, with VC Accel exiting the company completely in the process. SoftBank says that Supercell… Read More

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