Wired gets the inside story of Facebook's new "Graph Search," its people-powered search engine, Dealbook highlights Thomas Weisel's relationship with Lance Armstrong, what will it take for someone on JPMorgan's board to get the boot, and so much more!
1 min read · 15 January 2013
The Atlanta-based, venture-backed cloud service "brokerage" Cloud Sherpas has acquired the advisory and tech consulting firm Navigas. Terms of the deal were not disclosed.
3 min read · 15 January 2013
SevOne, a Wilmington, Delaware-based performance software company, has raised $150 million from Bain Capital.
3 min read · 15 January 2013
San Francisco-based game maker Kabam has acquired Vancouver-based Exploding Barrel Games. Both make free-to-play games for core gamers. Terms of the deal were not disclosed.
3 min read · 15 January 2013
YouSendIt, an 8-year-old, Campbell, Calif.-based file storage and management software company, has acquired two-year-old, San Francisco-based Found Software, maker of a search application that lets users find files, documents and data across their devices and cloud services. Terms of the deal were not disclosed.
3 min read · 15 January 2013
Tiburon, a San Ramon, Calif.-based maker of automated public safety and security software that is backed by the private equity firm Gores Group, has named the company's board chair (and Gores managing director), Jonathan Huberman, as interim president and CEO. He replaces Michael Bealmear, who has served as Tiburon's CEO since 2011.
3 min read · 15 January 2013
Technology Crossover Ventures has made it official. Roughly six months after reports first surfaced that the Palo Alto-based firm had begun marketing its eighth fund, it has registered the vehicle with the SEC.
3 min read · 14 January 2013
You’d need a crystal ball to know how healthy the IPO market will be in 2013. Still, industry watchers – looking at the 152 active IPOs in the pipeline, versus the 226 IPOs in the pipeline at this time last year -- feel safe in making a few, cautious forecasts.
3 min read · 10 January 2013
Billtrust, an 11-year-old outsourced billing company based in Hamilton, N.J., has merged with Best Practice Systems, an Engelwood, Colo.-based billing company. Terms of the deal were not disclosed, but notably, Billtrust raised a $25 million round from Bain Capital Ventures last November with an eye toward acquiring "one to two" companies per year, as Billtrust CEO Flint Lane told peHUB at the time.
3 min read · 10 January 2013
Approximately two years ago, two startups that had yet to launch products raised more than $40 million, respectively, based almost solely on the track records of their founders. Both companies went on to stumble badly, but only one of them was pilloried for its failings.
3 min read · 10 January 2013
