Fundings & Exits

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RackWare Raises $2.3M For Its Cloud Management Solution

8533890844_02fa24474d_o As businesses shift their data center solutions to the cloud, there is room for companies that don’t just help them migrate or create hybrid solutions, but also for those that help them utilize their existing solutions and scale them as needed by using private and public clouds. RackWare, which competes with companies like RightScale, offers solutions for enterprise IT to automate much… Read More

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Inside Box’s Updated S-1

Screen Shot 2014-07-08 at 10.27.28 AM After much ado and pomp, Box released its updated S-1 document yesterday, revamping some of its usage statistics, and detailing the results of its fiscal first quarter. The company posted revenue of $45.3 million in the period, up 93.6 percent year-over-year. Its net loss totaled $38.5 million in the quarter, up a slimmer 13 percent. Read More

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Keith Rabois’ Homebuying Startup OpenDoor Raises $9.95M From Everyone

Opendoor Team Photo Well.
It seems like a lot of Valley investors want to see the process of buying homes become a lot more efficient.
After Khosla Ventures VC and former Square COO Keith Rabois teased that he was working on a project to make buying homes as simple as clicking a few buttons, a horde of Valley angels and VCs started circling. Read More

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Crowdfunding Platform Seedrs Begins Offering ‘Convertible’ Equity Option

Future Ad Labs Proof there’s still room for innovation in the equity crowdfunding space yet, if Seedrs‘ claims of a first hold true. The “pan-European” equity crowdfunding platform is adding ‘convertible’ equity as an option for startups wanting to raise funding via the site, with the UK’s Future Ad Labs being the first to use the new investment mechanism. Read More

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Rovio Owner Backs Teller, A Startup Aiming To Make Email Work Better When You Check It Less Often

teller logo If you’re in the U.S., you’re probably taking a well-deserved break from work and all the accompanying email today for the July 4th holiday. But when you return, your inbox is going to be a nightmare. An unsorted, unfiltered, unorganized mess. A new startup called Teller wants to help with that. The company also has a small round of funding as one of the first investments from… Read More

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Microsoft Acquires SyntaxTree To Offer Better Unity Support In Visual Studio

unityvs-2 Microsoft today announced that it has acquired SyntaxTree, the France-based company behind UnityVS, a popular Visual Studio plugin for developers that use the cross-platform Unity framework to write their games. As S. “Soma” Somasegar, Microsoft’s corporate vice president of its Developer Division, notes, the company plans to integrate UnityVS into Visual Studio “and… Read More

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Facebook Acquires LiveRail For $400M To $500M To Serve Video Ads Everywhere, Improve Its Own

Facebook Liverail Facebook has just bought video ad tech startup LiveRail, which connects marketers to publishers on web and mobile to target 7 billion video ads to visitors per month. A source tells us Facebook paid between $400 million and $500 million for LiveRail, but Facebook refused to comment on the terms. [Update 3:30pm PST: Another source now tells us LiveRail sold for $500 million, matching the… Read More

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MakersKit Raises $1.5 Million In Seed Funding To Launch A DIY Empire

Screen Shot 2014-07-01 at 1.23.04 PM Looking to build a 21st century DIY media empire? The rags-to-not-yet-riches story of Jawn McQuade and Mike Stone, the co-founders of MakersKit may have written the instruction manual.
Launched in February last year, the company has already raised $1.5 million in seed financing, inked distribution agreements with Nordstrom and Urban Outfitters, and published a book through Amazon. Read More

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