CoreOS raises $28M Series B round led by GV

1047673820_b93b65ad27_o CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total, the company has… Read More

How consolidations will play out in the transportation, food and entertainment industries

togetherclay There has been no shortage of thoughtful articles exploring a bubble in technology. I would argue that the world has already been transformed, and there is no bubble in the purest sense. Instead of massive flameouts that leave everyone burned, I think we are going to see a wave of beneficial consolidation and rationalization in industries that appropriately have seen exceptional venture… Read More

June Oven cooks up $22.5 Million in Series A, delays shipping until the Holidays

June-Intelligent-Oven-hero June, a countertop “smart” oven designed by former Google, Apple and GoPro employees has closed a Series A round of financing for $22.5 million today, led by early stage combination hardware and software investor Eclipse. Previous investors also participated in this round, including Foundry Group, First Round Capital, and Lerer Hippeau Ventures. June is sort of like an… Read More

Google Acquihires Work Chat Startup Pie To Build Engineering Team In Southeast Asia

southeast asia map Google is building its first engineering team devoted to Southeast Asia, and the search giant has gobbled up Pie, a Slack-like team communications app based in Singapore, to kick start things off. Read More

Google SEC Paperwork Reveals It Paid Over $380 Million For Bebop

Google logo. At the end of November, Google announced it was buying bebop, a cloud platform startup founded by former VMware CEO and co-founder Diane Greene. Today, the company filed paperwork with the SEC revealing the purchase price: $380,241,352 to be precise. In addition, the paperwork revealed that Greene’s portion of the sale, 7,244,150 shares of bebop stock was exchanged for 200,729 shares… Read More

Augmented Reality Company Magic Leap Raising $827 Million

Screen Shot 2015-12-09 at 11.38.14 AM According to a report by Forbes, the under-the-radar but much discussed startup is raising a $827 million C round of funding. Magic Leap’s product seems to be a cross between Microsoft HoloLens and the Oculus Rift, shown here in this demo from October: However, it was this demo back in March that got people pretty stoked about the company: This brings Magic Leap’s funding to… Read More

Vevo Buys Showyou To Take On YouTube In Subscription Content

vevo ios app Vevo, the world’s largest music video platform, has today announced its first acquisition: Showyou, a subscription-based video streaming platform that helps users find video content that might appeal to them. Vevo is a joint venture of Universal Music Group, Google, Sony Music Entertainment and Abu Dhabi Media, and offers music videos from major record labels, which are then… Read More

Google Acquires Fly Labs To Join Its Google Photos Team

Screen Shot 2015-11-06 at 1.26.13 PM Today, Google acquired Fly Labs to join its Google Photos team. The company aimed to help people edit videos and photos and it sported 3 million downloads over the past 18 months. Their suite of apps (Tempo, Fly and Crop) will be made available for the next three months. You’ll still be able to use them, but there will be no more updates. We're excited to announce that we've… Read More

Bid Management Platform For Building Contractors BuildingConnected Raises $8.5 Million In Series A

lunch-atop-skyscraper-new-york-construction-workers-crossbeam BuildingConnected is a platform to help construction firms manage the details of a job, with the aim to help save time and money on building projects. Today, the startup announced it had raised $8.5 million in Series A financing from Crosslink Capital, Homebrew, Freestyle, Bee Partners and Brick and Mortar. BuildingConnected pulled in a seed round of $2.2 earlier this year, bringing the… Read More

Google Invests More Than $60M in Mobvoi, Its Android Wear Partner In China

Google headquarters (2015 logo) Google’s services are not available in China, but that isn’t stopping it from making a significant investment in the company. The U.S. search giant is backing Mobvoi, a three-year-old company specializing in mobile voice technology, to the tune of more than $60 million. Read More
19 visitors online now
10 guests, 9 bots, 0 members
Max visitors today: 46 at 01:38 am EDT
This month: 82 at 05-12-2016 02:28 pm EDT
This year: 130 at 02-05-2016 02:37 am EST
All time: 279 at 10-18-2013 05:24 am EDT
Get Adobe Flash player