For New Enterprise Associates, its investment return on Tableau Software was — fittingly — off the charts. NEA’s $29.2 million stake in the digital chart provider, which made its stock market debut today, was valued at more than $925 million...
Read more »
Courtesy Tableau Software
An example of Tableau's chart-making ability, a Web Traffic Trends Dashboard.
Chart This: NEA’s Investment Return on Tableau — 3,000%
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
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...
Read more »
Photograph by Ronda Churchill/Bloomberg
VMware CEO Pat Gelsinger, right, employs an acquisition policy that involves not meddling with startup culture.
Beer Friday Is Key to VMware’s Acquisition Strategy
VMware Chief Executive Officer Pat Gelsinger is not interested in taking away startups’ Friday beer parties. Preserving small companies’ cultures is a key to successful acquisitions, the former EMC executive said today on a panel at the Economist magazine’s Ideas...
Read more »
Photograph by Bernhard Lang
AT&T and Microsoft are joining forces in the hopes of reaching more business customers.
AT&T Phones a Friend in Microsoft to Target Businesses
Skype was once the great threat to AT&T’s conventional phone system, with the carrier even banning it for a time from some of its mobile phones. Now, AT&T is hoping to use Lync, a unit of Skype’s Internet calling services, as a...
Read more »
Courtesy Sococo
Sococo's Team Space software helps office workers collaborate virtually.
After a Disaster, Japan Looks for Alternatives to the Office
Think your boss is stubborn about letting you work from home? Try going to Japan. Telecommuting is simply not built into the business culture there. Just 12 percent of Internet-connected Japanese office workers would conduct business from home if their...
Read more »
Photograph by Petrified Collection
FreshBooks says it has paying users of its Web-based accounting software in 120 countries.
No VC: FreshBooks CEO Sees Risk Capital as Too Risky
This is the first in a five-part series called “No VC,” which highlights startups that have succeeded without venture capital, the lifeblood of Silicon Valley. Mike McDerment was shacked up in his parents’ basement in Toronto when the first venture...
Read more »Next Up for Microsoft’s Expanding Research Labs: Rio de Janeiro
With research labs in China, India and Egypt, Microsoft is adding another location to its growing list of emerging markets: Brazil. The world’s biggest software maker is investing $100 million in Latin America’s largest economy, a move that will give Microsoft...
Read more »
Photograph courtesy of SugarCRM
SugarCRM Chief Executive Officer Larry Augustin took another open-source company, VA Linux, public in 1999.
Salesforce.com Competitor SugarCRM May Shoot for IPO in 2013
SugarCRM, which provides customer management software that competes with Salesforce.com and Oracle, may try to ride the wave of enterprise computing IPOs and go public as soon as next year, Chief Executive Officer Larry Augustin said. “Our goal is to...
Read more »
Photograph by Ramin Talaie/Bloomberg
Citrix shares have more than tripled since the end of 2003, compared with the 57 percent gain for the Nasdaq Composite Index.
The Man Behind the M&A Machine at Citrix Systems: Mike Cristinziano
Sixteen years ago, as an equity analyst at Needham & Co., Mike Cristinziano was one of the first on Wall Street to recommend buying shares of Citrix Systems, following the software maker’s IPO the previous year. Some $13 billion in...
Read more »
Photograph by Pete Saloutos
Tech companies are mapping the insides of stores to help smartphone users find where products are shelved.
Mobile Maps Focus on Helping Lost Shoppers Find the Right Aisle
While mobile maps have made it easy for people to find their way to a store or shopping mall, the options are limited once they’re inside. Now, a new breed of cartographers are venturing indoors to help consumers find where...
Read more »
