Let’s rewind a decade. It’s 2009. Vancouver, Canada. Stewart Butterfield, known already for his part in building Flickr, a photo-sharing service acquired by Yahoo in 2005, decided to try his hand — again — at building a game. Flickr had been a failed attempt at a game called Game Neverending followed by a big pivot. This time, Butterfield would make it work.
The Valley’s rocky history with cleantech investing has been well-documented. Startups focused on non-emitting-generation resources were once lauded as the next big cash cow, but the sector’s hype quickly got away from reality. Complex underlying science, severe capital intensity, slow-moving customers and high-cost business models outside the comfort zones of typical venture capital ultimately caused […]
The Valley’s rocky history with clean tech investing has been well-documented. Startups focused on non-emitting generation resources were once lauded as the next big cash cow, but the sector’s hype quickly got away from reality. Complex underlying science, severe capital intensity, slow-moving customers, and high-cost business models outside the comfort zones of typical venture capital, […]
Talkspace, the platform that lets patients and therapists communicate online, has today announced the close of a $50 million financing round led by Revolution Growth. Existing investors, such as Norwest Venture Partners, Omura Capital, Spark Capital, and Compound Ventures are also participating in the round. As part of the deal, Revolution Growth’s Patrick Conroy will […]
Logz.io announced a $52 million Series D investment today. The round was led by General Catalyst. Other investors participating in the round included OpenView Ventures, 83North, Giza Venture Capital, Vintage Investment Partners, Greenspring Associates and Next47. Today’s investment brings the total raised to nearly $100 million, according to Crunchbase data. Logz.io is a company built […]
Equalum, an Israeli startup, which helps companies gather data from a variety of enterprise sources, announced an $18 million Series B investment today. The round was led by Planven Investments . Other participants included United Ventures and prior investors Innovation Endeavors and GE Ventures along with a group of unnamed individuals. Today’s haul brings the […]
When FireEye reported its earnings last month, the outlook was a little light, so the security vendor decided to be proactive and make a big purchase. Today, the company announced it has acquired Verodin for $250 million. The deal closed today. The startup had raised over $33 million since it opened its doors 5 years […]
There is a tendency at any conference to get lost in the message. Spending several days immersed in any subject tends to do that. The purpose of such gatherings is, after all, to sell the company or technologies being featured. Against the beautiful backdrop of the city of Barcelona last week, we got the full […]
Last year IBM and Danish shipping conglomerate Maersk announced the limited availability of a blockchain-based shipping tool called TradeLens. Today, the two partners announced that a couple of other major shippers have come on board. The partners announced that CMA CGM and MSC Mediterranean Shipping Company have joined TradeLens. When you include these companies together […]
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