Box Acquires YC-Backed Streem
This morning Box, a cloud-based file-management service, announced that it has acquired Streem, a Y Combinator-backed company that allows customers to “stream” files to their desktop environments. Box declined to share terms of the agreement, but did note in an email that it bought the company using a blend of cash and stock. The four members of Streem will join Box.… Read More
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Microsoft Announces Azure ML, Cloud-based Machine Learning Platform That Can Predict Future Events
Microsoft has been on quite a cloud roll lately and today it announced a new cloud-based machine learning platform called Azure ML, which enables companies to use the power of the cloud to build applications and APIs based on big data and predict future events instead of looking backwards at what happened. The product is built on the machine learning capabilities already available in… Read More
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BlackBerry Launches BBM Protected For Confidential Instant Messaging
BlackBerry today began the rollout of its first eBBM suite product, which tailors its BBM instant messaging service to enterprise users. Today marks the debut of BBM Protected, FIPS 140-2 cryptographic library-enabled messaging, between users within the same enterprise, or between organizations who also use BBM Protected, for secure and confidential communications.
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Location Sharing Startup Glympse Raises $12M As It Looks For More Device Integration
Glympse, a location sharing platform that has integrated its real-time mapping and tracking service into messaging apps, cars, wearables and other services, is today announcing a financing round of $12 million. CEO and co-founder Bryan Trussel tells me the company will use the money mainly to staff up the business to deal with the interest it’s been getting from outside companies for… Read More
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Canon Buys Milestone Systems To Build Its Video Surveillance Business
Some consolidation afoot in the world of enterprise video. Imaging giant Canon is buying Milestone Systems, a startup from Denmark that has developed software for video surveillance systems. Terms of the deal are not being disclosed, the companies say. Milestone, founded back in 1998, had raised $25 million from Index Ventures, and according to its latest financials, it posted net income… Read More
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Taking BMW’s Electric Car Sharing Program DriveNow For A Spin Around SF
When you think of car sharing, you probably think of names such as ZipCar, City CarShare, Relay Rides and Getaround. What may not come to mind is BMW. The German luxury car company is typically known for selling cars for tens or hundreds of thousands of dollars — not renting them out by the minute. Read More
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5app Raises $5.1M Seed Round For Its BYOD Enterprise App Store And Builder
As the BYOD wave continues to wash over the enterprise market, different companies are taking different approaches to having their employees use their own phone and tablets for work. Many clamp down completely on this practice, but others take a slightly more inclusive approach. Read More
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Tesla Promises To Not Sue Anyone Using Its Technology
Tesla has open-sourced its patents on electric vehicle technology, according to a post on the company’s blog by CEO Elon Musk who said that one of the company’s biggest goals is to move the entire electric vehicle market forward. SiSense Raises $30M More To Bring Big Data Analytics To Businesspeople
SiSense, a business intelligence startup that is among those making big data analytics accessible to ordinary business users (and not just data scientists) is today announcing more funding: a $30 million Series C round led by DFJ Growth — the VC’s arm dedicated to later-stage investments that recently announced a new fund we understand to be totalling over $500 million (in May,… Read More
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Tesla Wants To Open Its Supercharger Standard To Other Electric Car Makers
Elon Musk is willing to share the technology behind his Tesla Superchargers, the fast-charging plug-in stations for his company’s electric cars, the CEO revealed at the UK launch of the Model S this past weekend (via Engadget). Musk said he’d be willing to open up the designs in order to build a standard that can be used interchangeably across the industry – which would… Read More
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