ThoughtSpot, a startup that hopes to modernize the way companies do business intelligence, announced $30 million in Series B funding today led by Khosla Ventures with help from existing investor Lightspeed Venture Partners.
The funding brings its total to $40.7 million to date. As part of the deal, Keith Rabois, who is a partner at Khosla Ventures, will join the ThoughtSpot board of directors. Read More
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Shares of SolarCity jumped 17.58 percent in regular trading today, as investors applauded its decision to purchase solar-panel manufacturer Silevo, which had plans to build a factory in New York. SolarCity intends to build the plant and scale it to “capacity greater than 1 GW within the next two years.” Read More
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Remember OnLive? Despite a messy sale to escape a dark and stormy financial picture, the company lives on, and in March it launched its new CloudLift subscription gaming service. Today, it’s partnering with Wikipad, maker of the dedicated Android gaming tablet, to deliver full AAA PC gaming to the tablet. OnLive already offers this to any Android device with access to Google Play via… Read More
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When two closely competing companies make purchases on the same day, it’s probably fair to say that it’s not a coincidence. Such was the case yesterday when Box and Dropbox purchased early stage startups only hours apart. In fact, the cloud startups with similar names have been on mini buying sprees of late, fighting to fill in holes and improve their products as they march toward… Read More
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Elon Musk’s SolarCity has acquired Silevo, a solar panel manufacturing and design firm that produces low-cost, high-output photovoltaic cells, the company announced today. The deal will help SolarCity “achieve a breakthrough” in solar power pricing thanks to “massive economies of scale,” according to a blog post on the SolarCity website.
Already, the company is… Read More
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Nestio has been serving the real estate community in New York since 2011, but is today marks the company’s biggest release yet, as real estate brokers are finally being invited to the platform. After pivoting from a consumer product to an enterprise platform, Nestio worked to bring landlords into the service to supply vacancy info as soon as it happens, and now brokers can tap into… Read More
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It was just in April that Clari — a mobile-first sales tool that uses data science and predictive analytics to help sales people do their jobs — emerged from stealth with $6 million in backing from Sequoia. Today the company is announcing another funding milestone: a Series B round of $20 million. Andy Byrne, the company’s founder and CEO, says Clari plans to use the funds… Read More
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UCloud, a China-based provider of cloud computing infrastructure and services for games companies, mobile startups and other enterprises has raised $50 million in a Series B round of financing. UCloud, which offers prices that compete against those of Amazon Web Services, says this is the largest-ever funding round for a Chinese provider of cloud-infrastructure-as-a-service. The round… Read More
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RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that… Read More
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Reservation holders for the Tesla Model X received notice today that the electric SUV will hit the production lines early next year. Best of all, Tesla confirms in this email that the gull-wing doors will make the production model and all models will feature all-wheel drive and there will be an option for a third row of seating. These are big updates, but they shouldn’t come as a surprise. Read More
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