While full-time tech jobs might not be making a roaring comeback, freelance and part-time work seems to be picking up the slack. One data point just came out today illustrating the shift to freelance and online work. Online outsourcer oDesk passed one million hours of work on its system for the first time [...]
Posted on September 7th, 2010 by admin
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Apptio, a Bellevue, Washington-based provider of SaaS-delivered Technology Business Management solutions this morning announced that it has closed a $16.5 million Series C round – the company has now raised up to $37.5 million in venture capital.
The financing round, which the company says was oversubscribed, was led by Shasta Ventures, with participation from all [...]
Posted on September 5th, 2010 by admin
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Electronic payment solutions provider VeriFone Systems this morning announced it has acquired the assets of WAY Systems, a provider of mobile POS solutions and gateway services for mobile merchants.
The purchase price consisted of an upfront payment of $6 million and an earn-out payable in one year of up to an additional $3 million dollars [...]
Posted on September 2nd, 2010 by admin
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In a short amount of time since its launch in April, 2009 and its redesign a year later, realtime analytics startup Chartbeat has gained an impressive following of more than 2,500 paying corporate customers. All of this was done so far with 5 employees, led by general manager Tony Haile.
Now, the betaworks-incubated company has [...]
Posted on September 1st, 2010 by admin
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Yottaa, web analytics and performance platform, has raised $4 million in series A funding from General Catalyst Partners, Stata Venture Partners and Cambridge West Ventures.
Co-founded by chairman of Nexaweb, Coach Wei, Yottaa offers a free service that monitors and tracks web site performance. The company’s first product, Yottaa Insight, is being released to the [...]
Posted on August 30th, 2010 by admin
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VSS Monitoring, a provider of distributed traffic capturing solutions, today announced it has landed its first institutional round of financing from Battery Ventures, to the tune of $20 million.
Monitoring and securing networks is an increasingly complicated task for IT managers, and VSS Monitoring is banking on what they refer to as distributed traffic capture to [...]
Posted on August 24th, 2010 by admin
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6fusion, a fledgling company that has developed a system to take control of third party computing resources, this morning announced that it has raised a $3 million round of venture capital financing. In addition, the startup announced it has relocated to the Research Triangle region of North Carolina.
The $3 million Series A round was led [...]
Posted on August 23rd, 2010 by admin
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Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia.
U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet [...]
Posted on August 19th, 2010 by admin
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Marlin Equity Partners, a Los Angeles-based private investment firm with over $1 billion of capital under management, has agreed to acquire all outstanding shares of core systems software company Phoenix Technologies common stock for $3.85 per share in cash, or approximately $139 million in total consideration.
The purchase price represents a premium of approximately 27% over [...]
Posted on August 18th, 2010 by admin
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Only days after buying DataCap, Big Blue has made another purchase. IBM is acquiring marketing software giant Unica approximately $480 million, or approximately $21 per share. The deal is expected to close in the fourth quarter of 2010.
Unica, a publicly held company that traded on the Nasdaq exchange, develops an enterprise marketing management software [...]
Posted on August 13th, 2010 by admin
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