Monday May 20, 2024

Bessemer Looks Forward With New $1.6B Fund

 Bessemer Venture Partners (BVP) announced its latest investment fund today with $1.6B in investments. It has dubbed it BVP IX. It follows a highly successful BVP VIII. Byron Deeter, a partner at BVP says this is just part of the normal fundraising cycle for the company. They are reaching the end of the previous cycle when they launched BVP […]

Pivotal Open Sources Key Parts of Its Big Data Suite

 Pivotal announced today that it was moving three core pieces of its Big Data Suite to open source, while continuing to offer advanced features and support in a commercial version. The three components moving to open source are GemFire, the platform’s in-Memory NoSQL Database, the enterprise SQL on Hadoop component, HAWQ and the suite’s massively parallel […]

WeTransfer, Funky Dutch Cousin Of Dropbox And Box, Gets $25M To Go Large In The U.S.

 WeTransfer, the Dutch cloud-based web and mobile service that lets users send files to each other that are too large to send as email attachments, has raised $25 million, the first and only round of funding raised by the Amsterdam-based startup since first opening for business in 2009. As a bootstrapped company, WeTransfer has picked up 25 million monthly […]

One Year In, Nadella Is Planning Microsoft’s Long And Short Game

 Golfers like to talk about their long game and their short game. Maybe it’s useful to look at Microsoft’s strategy that way too. Since Satya Nadella took over just over a year ago as CEO at Microsoft, he has started to redirect the company, looking at the short term, while perhaps beginning to formulate a […]

New Facebook Threat-Sharing Project Sees Safety In Herd

 Facebook announced a new repository this morning for sharing information about malware threats called ThreatExchange. Using a familiar Facebook look and feel, with APIs for querying and publishing threat data, the system is designed to allow companies to contribute information about common attacks, and thereby make it safer for the group. Early partners include Pinterest, Tumblr, Twitter… […]

Datameer Heads To The Cloud With Latest Big Data Product

 Datameer launched a new cloud service called Datameer Professional today that offers customers a Big Data solution without the hassle of installing, configuring and maintaining it themselves in-house. The goal of this new approach is to put the buying decision into the hands of business units, instead of being mainly driven by IT. Datameer, which launched […]

Google Glass May Be On Shaky Ground, But Sony’s Showing Off Its New Smart Eyeware

 Sony’s SmartEyeglass Attach! is something it debuted at the Consumer Electronics Show this year, offering up a smart display module that adds connected intelligence to any kind of existing eyeware, be they optical frames, protective goggles or sunglasses. The concept design is very similar in practice to Google Glass, so it might be surprising that […]

Conductor Proves Web Presence Management Is A Real Thing With $27 Million In Series D

 Conductor, the web presence management platform that looks to put an end to ads, has today raised $27 million in Series D funding led by Catalyst Investors, with participation from existing investors including FirstMark Capital, Matrix Partners, and Investor Growth Capital. A new investor, Blue Cloud Ventures, also joined the round. The company started out […]

Microsoft buys Israeli digital pen maker N-trig

(Reuters) – Microsoft is buying N-trig, an Israeli provider of digital pens and chips for touch screens, for at least $200 million, the Calcalist financial news website said on Thursday.Most of N-trig’s 190 workers will be integrated into Microsoft Israel and will be part of a new research and development center, Calcalist said, without citing […]

LinkedIn Battens Down The Hatches On API Use, Limiting Full Access To Partners

 LinkedIn has examined the value of offering an open API to all developers, and found said program not to be in the company’s best interest. The professional network announced today that it would be restricting broad API use to approved partners only, and restricting open API use to a few simple use cases, including these […]