MongoDB, the next gen database company whose popularity is surging, has raised an impressive $150 million, the largest round ever for a database company, according to the company’s own claims. The round…
Numerify makes cloud analytics easy, picks up $8 million in Series A
Cloud analytical solutions company Numerify has raised more than $8 million in an oversubscribed Series A led by Lightspeed Venture Partners. A long list of angels with impressive résumés contributed to the…
The First 100 Days at the Helm of Shazam: A Conversation with Rich Riley
Most often, CEOs are hired to replace a predecessor in times of troubles with the mandate to fix things. Once again, the British-based startup Shazam is an exception. Founded in 2000, the…
Pure Storage Raises $150M in Largest Private Round in Storage’s History
Pure Storage, the enterprise solid state storage entrepreneur, has raised an impressive $150 million. The company claims it’s the largest single private round in the history of storage. It is also the…
Krehbiel Family Leaves 75-year-old Molex to Koch Industries at $7.2 Billion
Last Monday, Wichita-based Koch Industries acquired Molex, the 75-year-old connector company and Apple parts supplier. Both companies look to close the deal by the end of this year, which depends on both…
Uber Raises $258M in Google’s Largest Investment Round Ever
Uber, the car service that lets you hail a driver anywhere from its app, has confirmed it has raised $258 led by Google Ventures in the biggest round ever for the search…
Zillow Acquires StreetEasy for $50M – Expand Real Estate Footprint
Real estate kingpin Zillow has acquired StreetEasy, a go-to New York real estate listing service with over 1.2 million unique monthly visitors. The $50 million sale gives Zillow a local presence to…
Musk Reveals Plans for Hyperloop: His Fifth Mode of Transportation
Elon Musk followed up on his Tweet heard round the tech world today with published plans [link via Gizmodo] for the Hyperloop. The pod-and-tunnel design revolves mainly around a low-pressure tube system,…
Apigee Lands $35M to Power API Platform
Apigee, which provides an API platform to simplify the creation of apps, has landed $35 million in a Series E sizable enough it could carry the company to an IPO. The round…
For Redmart, a “Small” Market Could Means Millions
While some consider Singapore a market in miniature, online commodities shop Redmart has used it as a platform for tremendous growth. Its success depends on logistics and proper scaling; and while the…