Private Equity
3 min read · 14 August 2012
RichRelevance, the retail technology service for audience behavior, closed $8 million from a group of venture capital firms including RTP Ventures, Shea Ventures and Gray Ventures, as well as from existing investor Tugboat Ventures. The investment was part of a $28 million round that also included Greylock Partners, Crosslink Capital and Draper Fisher Jurvetson.
3 min read · 14 August 2012
It remains to be seen whether Facebook will pursue a mobile platform, or even the lofty aspiration of becoming a smartphone maker. But one thing is for certain: Mark Zuckerberg is successfully carving out a niche in mobile for the company, and its ubiquitous presence may be its greatest asset.
2 min read · 14 August 2012
2 min read · 14 August 2012
3 min read · 14 August 2012
Tuesday's First Read has Powerballing, new iPhone launching and how to mismanage a missing child. Or, how NOT to.
1 min read · 14 August 2012
Clutch.io, which helps test apps, has been acquired by Twitter. The news was posted earlier today on the company’s blog. Clutch.io was founded by Eric Maguire and Eric Florenzano.
2 min read · 14 August 2012
2 min read · 13 August 2012
Riverside Co., the Ohio-based private equity firm, is backing Independent Doctors of Optometric Care, an alliance of independent optometrists that includes more than 1,400 members. Specifics on the deal were not publicized; MCG Capital provided financing for the transaction; Jones Day advised the buyer. Loeb Partners advised IDOC.
3 min read · 13 August 2012
1 min read · 13 August 2012