THE BUSINESS OF TECHNOLOGY
Live streaming services have been trending in the tech world. The commotion began with Meerkat, a service that launched at the end of February. Using Twitter to alert people to a Meerkat broadcast, or a “Meerkast,” the service allows people to stream a live video feed to the web and attract any amount of viewers.
Apple has bought FoundationDB, a database technology provider, and immediately shuttered the company. Apple acquired the company in order to use the technology for its own data, but infuriated developers by removing any trace of it on Github, the code repository.
FusionOps, a cloud applications provider for supply chain analytics, has raised $12 million in Series B financing, led by New Enterprise Associates (NEA). The company will use the funds for global expansion.…
August, which offers a product that attempts to replace keys with smartphones, has raised $38 million in Series B funding led by Bessemer Venture Partners. Qualcomm Ventures and Comcast Ventures also participated…
GreenRoad, a driver behaviour and fleet performance provider, has raised $26 million in a growth round led by Israel Growth Partners. Existing investors Amadeus Capital Partners, Benchmark Capital, DAG Ventures, Generation Investment…
Localytics, a platform for app marketing and analytics, has raised $35 million in Series D funding. Sapphire ventures led the round, which brings the company’s investment raised to date to $60 million.…
Meerkat, the live broadcasting app, has raised $12 million in Series B funding led by Greylock’s Josh Elman, TechCrunch reports. The deal reportedly values Meerkat at $52 million and other unknown angels…
GoDaddy is aiming to raise as much as $418 million in what will be the biggest IPO of the year since Box went public. The Scottsdale, Arizona-based web hosting company expects to sell 22 million shares for between $17 and $19 for a total firm valuation of $4 billion, if debt is included.
Rover.com, a network for connecting dog owners with dog sitters has raised $25 million in a round of funding led by Technology Crossover Ventures (TCV). Existing investors such as Foundry Group, Madrona…
Fundbox, a cash flow optimization tool, raised $40 million in Series B financing led by General Catalyst Partners. Khosla Ventures, Shlomo Kramer, Blumberg Capital and new investor NyCa Investment Partners also participated.…