Andreessen Horowitz (a16z) has pumped $90 million of funding into Tanium, an enterprise security and systems management company.It was the second largest single investment by the venture capitalist firm and the latest…
Kreditech secures $40m – Investment Round Up
Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in…
ThoughtSpot secures $30m funding round – Investment Round Up
Series B ThoughtSpot, a business intelligence platform, has raised $30 million in a Series B round led by Khosla Ventures. Existing investor Lightspeed Ventures also participated the round, which brings ThoughtSpot’s total…
Facebook’s messaging mission leads to Snapchat competitor Slingshot
Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion,…
Yieldbot secures $18m Series B – Investment Round Up
Series A Inbilin, a social networking voice call app that allows users to call strangers, has raised $15 million in Series A funding from Qiming Venture Partners and Morningside Ventures. The company,…
Cloud storage market braces for impact as Apple revamps iCloud offering
Apple’s Worldwide Developers Conference (WWDC) began this week, and while consumers hoping for hardware like the iWatch or an Apple-designed TV were left disappointed, there were enough software announcements to make certain…
Symantec shakeup sees CEO sacked
Mountain View information protection giant Symantec has given its chief executive officer, Steve Bennett, the boot. Board member Michael Brown will take over immediately as interim president and CEO while Symantec, which…
Optio Labs raises $10 million – Investment Round Up
Series A Tips and tutorials app Trusper has gained $6.17 million in a Series A investment led by DCM. Charles Schwab and other backers contributed to the round. The Los Altos Hills-based…
Internet erupts as Gmail falters
In what many seemed to take as a sign of the Internet apocalypse, Google’s email service went down for about 15 minutes this morning. Those trying to access their online mail accounts…
Mobile internet builds promise in African e-commerce market
The vast continent of Africa presents a significant opportunity for e-commerce retailers, but a lack of infrastructure has held back online shopping in the region. Now the use of mobile devices to…