Angels are spreading their wings — and their dollars. So says new research from the Angel Resource Institute that shows the median size of angel-group rounds invested in startups rose 40 percent last year to $700,000. A key takeaway...
Read more »Where Angels Tread: Health, Web
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...
Read more »Roku to Raise as Much as $50 Million
Roku’s sales tripled to $100 million last year — in part because it bought radio and billboard advertising for the first time. To garner more brand recognition for its hockey puck-sized TV-set top box, the company intends to seek as...
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Photographer: Jin Lee/Bloomberg
Jeremy Stoppelman, chief executive officer of Yelp, during an interview on the floor of the New York Stock Exchange (NYSE)
Just How Much Did Yahoo Want Yelp? Try 10 Figures.
Yelp CEO Jeremy Stoppelman has made a name for himself by snubbing companies whose billions in cash dwarfed what was available to Yelp, as he sought to maintain control over the company’s mission and approach to content and users. It...
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Photograph: Jin Lee/Bloomberg
Ingenico is taking on Square, which offers a credit card reader for smartphones.
Squaring Off With Square: Ingenico Takes Control of Rival ROAM
Square, beware. Ingenico SA, a maker of in-store payment terminals, just took a controlling stake in ROAM Data, a rival provider of portable payment systems used by small merchants. Just like Square, ROAM’s technology lets smartphones and tablets based on...
Read more »Kleiner, Sequoia Look for More Good Karma With Nearly $5M Investment
It’s not often that Silicon Valley’s two most legendary venture capital firms join together. When they do, they typically make a lot of money. Kleiner Perkins Caufield & Byers and Sequoia Capital are at it again, this time providing funding...
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Photograph: Chad Baker/Ryan McVay, Getty Images
Mykonos specializes in "intrusion deception" technology that can help companies identify online attackers.
What ‘Intrusion Deception’ Is And Why Juniper Paid $80 Million for It
By 2009, David Koretz had founded five technology companies from the time he was 14. Security snags he encountered at the fifth — an e-mail hosting company called BlueTie Inc. — prompted him to start No. 6, Mykonos Software Inc....
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Photograph: Chitose Suzuki/Associated Press
Jeremy Allaire is chairman and CEO of Brightcove, which went public this month.
The Small IPO Isn’t Completely Dead
Social Web giants Facebook, Zynga, Groupon and LinkedIn have handsomely rewarded founders and early investors, but they’ve also raised a big question: Where are all the small initial public offerings? Conventional wisdom in recent years has been that if you...
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Photograph: McAfee Inc.
George Kurtz left McAfee last year to help start a new security company called CrowdStrike.
Ex-McAfee Execs to Tackle Hackers Differently, But Is It the Answer?
When security technology fails, you don’t want to be the guy walking in the door selling more of it. George Kurtz, former chief technology officer of McAfee, was often in that position as he logged hundreds of thousands of miles...
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Photograph by Cornerstone OnDemand
Cornerstone OnDemand CEO Adam Miller founded the company in 1999.
With Oracle’s $1.9 Billion Deal to Buy Taleo, Is Cornerstone Next?
And then there was one. Last week, Oracle announced a $1.9 billion deal to buy Taleo, which offers software-as-a-service to companies that no longer want to run all of their own programs for managing the workforce. That follows SAP’s $3.4...
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