Evernote, the digital note-taking company has raised $70 million in its fourth round of funding, earning the company a $1 billion valuation. The round was led by Meritech Capital and CBC Capital,…
Russia’s Craigslist Avito.ru Raises $75M
Avito.ru, Russia’s Craigslist and biggest online classified site, has closed a new funding round of $75 million, the company recently announced. The funding comes from Baring Vostok Private Equity Fund IV, Accel…
Cisco Sinks $100M in Insieme
Cisco has made a $100 million investment in Insieme, a networking startup launched by three Cisco employees. Cisco also retained an option to buy the company for $750 million, according to a…
Facebook IPO Date Planned for May 18
With its roadshow Wall St. pitch scheduled to begin Monday, Facebook has set a tentative IPO date for May 18, the Wall St. Journal recently reported, citing “people familiar with the matter.”…
WeVideo Raises $19.1M for Collaborative Video Editing in the Cloud
WeVideo, a cloud-based video editing platform, has secured a $19.1 million funding round, led by Crest Capital Ventures of Houston, Texas, according to DMW Media. The company plans to use the funding…
InnoSpring Draws First US-China Incubator and Seed Fund
Innospring, the first US-China incubator, has officially launched its seed fund and support network for Chinese startups seeking American exposure and expansion as well as American companies seeking a piece of China’s…
Splunk Splashes Its First Day on IPO with 108% Jump
Splunk began its first day on the stock market priced at $17 a share. By the end of the day, the unprofitable business startup was worth $35.08, a 108 percent jump in…
Banking $10.65B in Q1 of 2012, Google Splits Its Stock to Retain Founder Power
Google is tackling its competition with Facebook head-on. After revealing the $10.65 billion the company earned in the first quarter of 2012, the company also announced a stock split that will effectively…
First Round to Raise $135M Fund
Early stage firm First Round Capital is raising $135 million for a new fund, according to a recent SEC filing. It will be the firm’s fourth fund. Its third fund gathered $126…
Foursquare Scores 20M Users, 2 Billion Checkins for This Year’s 4SqDay
Foursquare celebrated its third annual 4SqDay on April 16 (four squared for the math nerd in us all) with the shattering of another milestone: the company has reached 20 million users making…