In 2010, Ben Milne made a journey across the Silicon Prairie for his first taste from the big tech trough. Then a twenty-something founder of a two-person startup in Iowa, Milne arrived in San Francisco with no business connections but a burning...
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Photograph by Steve Pope/Bloomberg
Dwolla plans to keep its headquarters in Iowa, a state known more for its pork than for tech startups.
Silicon Prairie’s Dwolla Strikes Out West to Find $16.5 Million
Photograph by David Paul Morris/Bloomberg
Leap Motion's computer accessory allows users to control a computer by waving their fingers and hands.
HP Hopes Leap Motion’s Hand-Gesture Controls Help Revive the PC
Personal-computer sales have fallen through the floor as people spend more time on mobile devices. The world’s largest PC maker is trying to lure some buyers back with an unusual new way to control their machines. Hewlett-Packard is partnering with...
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Courtesy Kleiner Perkins Caufield & Byers
Venture capitalist Matt Murphy says this year could be even bigger for corporate-software maker.
Kleiner Perkins to Invest $200 Million in Enterprise Startups This Year
Kleiner Perkins Caufield & Byers will invest at least $200 million this year in mobile applications and cloud computing services for corporate users, investment partner Matt Murphy said. The Menlo Park, California-based venture capital firm, which boosted its enterprise-technology investments...
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Photograph by George Frey/Bloomberg
Mobile carriers now want customers to manage their megabyte usage, but a startup is pushing a different approach.
Coming to a Mobile Plan Near You: Pay Just for E-Mail or Facebook
It sounds like a high-school math problem: You have 250 megabytes of data left on your smartphone plan. For the rest of the month, you plan to spend four hours a day checking Facebook, e-mail and YouTube. At that rate, will...
Read more »Udacity Raises $15 Million as Money Pours into Online Education
Udacity, the digital university co-founded by artificial intelligence and robotics pioneer Sebastian Thrun, has raised $15 million, joining a crop of online education startups to attract venture capital this year. The financing was led by Andreessen Horowitz and included...
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Photograph by Paul Sakuma/AP Photo
There was a time when Cisco could consistently be counted on to post double-digit growth. Those days may be over.
Cisco’s Double Whammy: 1,300 Job Cuts and a Disruptive $1.3B Deal
Cisco Systems was dealt a double whammy in less than an hour yesterday. First, the computer-networking giant announced plans to cut 1,300 jobs, as the European debt crisis and sluggish corporate spending threaten sales. That was at 3:15 p.m. New York...
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Photograph by Robert Galbraith/Landov
GitHub began discussions with Marc Andreessen after reading an essay the Netscape co-founder had penned, titled "Why Software is Eating the World."
GitHub Takes $100M in Largest Investment by Andreessen Horowitz
(This post was updated to include the valuation and correct Tom Preston-Werner’s title.) For years, GitHub has been courted by venture capitalists eager to invest in the online community for software programmers. For years, GitHub’s founders politely declined the offers,...
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Photograph by Tony Avelar/Bloomberg
Ben Horowitz said the idea to donate half of profits was partly inspired by other venture capitalists who pledged half of their personal income to charity.
Andreessen’s Venture Firm Pledges Half Its Profits to Charity
Andreessen Horowitz, the venture-capital firm that has backed technology startups including Facebook, Groupon, Zynga and Skype, announced plans today to donate half of the profits made from investments. The firm, co-founded by Web pioneer Marc Andreessen, will give the money...
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Photograph: Jumio
One of Jumio's products, Netswipe, reads a credit card waved in front of a webcam.
Andreessen Horowitz Invests $25.5M in Jumio’s Online Payments
(This post was updated to show Jumio’s valuation based on the funding.) Andreessen Horowitz is betting $25.5 million that consumers will get behind yet another way to make payments online. The venture capital firm co-founded by Internet pioneer Marc Andreessen...
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