Brandwatch, a social media monitoring platform, has raised $6 million to expand its service to the US and other areas internationally. Nauta Capital and existing investor the Gorkana Group participated in the…
Zayo Buys AboveNet for $2.2B to Improve Fiber Connectivity
Zayo, a provider of enterprise fiber based bandwidth services, has acquired AboveNet for an impressive bundle of $2.2 billion. “AboveNet and Zayo’s business models are closely aligned with a disciplined focus on…
Apple to Repurchase $10B in Shares, Become Largest Dividend Payer in US
Apple recently announced plans to initiate a quarterly dividend of $2.65 per share starting July 1 in the fourth quarter of 2012. It will also launch a $10 billion share repurchasing program…
Sprint Axes LightSquared Deal, Returns $65 Million
Sprint will terminate its 15-year, $9 billion partnership agreement with LightSquared, the company recently announced. America’s third largest wireless carrier will return $65 million in payments to the startup. The partnership would…
A Conversation with InterWest Partner Keval Desai
An Exciting Era for Investors in the Age of Innovation At the Red Herring Global 100 this past December in Los Angeles, Keval Desai, a partner at InterWest Partners, discussed where to…
14 Million New Jobs to Land from The Cloud by 2015
Cloud-based services will create 14 million new jobs by 2015, a recent study commissioned by Microsoft in collaboration with the research firm IDC predicts. Though half of those jobs will be in…
Yammer Nabs $85M in IPO-Sized Investment
Yammer, the private social network, has nabbed $85 million, the company recently announced. This brings the company’s total investments to $142 million. At nearly a billion dollars, this latest round gives the…
LinkedIn Acquires Rapportive, the Email Plugin
LinkedIn has acquired Rapportive, a browser plugin that overlays Gmail with info on other social media feeds. The news was first put up for rumor a couple of weeks ago by AllThingsD,…
Facebook to Bank $1.2 B Per Year on Mobile Ads
Though Facebook has yet to advertise on mobile devices (smaller screens present enormous marketing hurdles), that hasn’t stopped the web world from speculating just how much the social media agency stands to…
Ozon, Russia’s Amazon, Acquires Sapato, the Russian Zappos
Ozon, a Russian online shoes and accessories retailer often compared to Amazon in that region, has acquired 100 percent of Sapato.ru, a Russian company often compared to Zappos, early Sapato.ru investor Fast…