Private Equity
Dropbox aims to become a full-blown development platform. Yelp enters the world of on-demand delivery. And the demographics behind Kroger's $2.5 billion bid for Harris Teeter. And much more!
1 min read · 09 July 2013
Scality, a San Francisco-based startup that is focused on large-scale storage management, has closed on $22 million in Series C funding, bringing its total capital raised to $35 million. Menlo Ventures and Iris Capital led the round, which included participation from FSN PME and existing investors Idinvest Partners, OMNES Capital, and Galileo Partners.
4 min read · 09 July 2013
New Star Metals of Burr Ridge, Ill., a maker of electric and other coatings, has acquired substantially all of the assets of Canfield Metal Coating Corporation, a coil coating company in Canfield, Ohio. Terms of the deal were not disclosed. New Star Metals is a portfolio company of Insight Equity Holdings, a private equity firm based in Southlake, Texas.
2 min read · 08 July 2013
A look at Eliot Spitzer's political comeback plan. What's wrong with Google's summer interns, and Lululemon at at a crossroads. And much more!
1 min read · 08 July 2013
Rallyhood, an Austin, Texas-based startup that produces an online scheduling tools, has closed on $1.7 million, as part of a $3.2 million Series A financing. The company did not disclose a list of backers, though it has characterized Tom Meredith, a former CEO of Dell, as a lead investor. Rallyhood announced the first part of its Series A round, a $1.5 million financing, in August 2012.
2 min read · 08 July 2013
Technology workers are young. (Really young.) Blood alcohol testing. It's not just for the police anymore. And why Apple may need a cheaper iPhone now more than ever. And more!
1 min read · 05 July 2013
A number of new funds have announced their closings in recent months. Here's our take some of the new fund names.
3 min read · 05 July 2013
Twitter is stepping up the targeted ads. An ex-NYU professor is arrested for stalking Citigroup’s chief economist. And the investor of the mouse and desktop interface passes away. And much more!
1 min read · 03 July 2013
Deceptive reviews have always plagued venture-backed startups whose businesses rely heavily on ratings, but the problem may be more complicated than first thought, according to an academic study. Damaging reviews are sometimes written by loyal customers who haven't purchased the product they have reviewed, the study found.
2 min read · 03 July 2013
Getting to know Don Mattrick, Zynga's new CEO. Why the bitcoin gold rush is likely to happen in Europe. And the reason Carl Icahn's first tweet cost him about $2,000. And more!
1 min read · 02 July 2013
