There are $1.3 billion in venture dollars sitting on the table for startups that can make Verizon’s next generation LTE network better, so I talked to Daniel Deeney who is investing some of those dollars to see what types of companies he’s looking for. Read More »
Tech
Logitech, a Swiss maker of peripherals for computers and digital consumer devices, is buying 6-year-old Austin, Texas-based video conferencing device maker LifeSize Communications for $405 million in cash. LifeSize has raised $80 million in funding from Norwest, Austin Ventures, Norwest Venture Partners, Redpoint Ventures,… Read More »
Magazine ad spending has declined for the last five years straight, but an iPhone application platform publicly launched today by Mountain View, Calif.-based NearbyNow may help stem the tide. The company seeks to move magazine advertising to mobile phones, and today showed… Read More »
Borqs, a Beijing-based startup that develops mobile software for handset makers and mobile carriers using Google’s Android OS, says it’s received $17.4 million in Series B funding from Norwest Venture Partners as an increasing number of devices using the platform are being readied for… Read More »
Mercora, an early entrant into the social music and music search space that recently rebranded itself as Social.FM, has shut down and suspended operations. After being tipped off by a source, I tried reaching the company’s executives, but haven’t heard from them. The site has… Read More »
Data center and hosting provider RackSpace Inc., has filed to raise up to $400 million in an initial public offering. Its financials seem generally sound (unlike many tech companies it’s actually profitable), although profits did drop by 10 percent in the last year. However, rapid expansion… Read More »
Virtual meeting company Unisfair has scored $10 million in funding from Sequoia Capital and Norwest Venture Partners after proving that meeting people face-to-face isn’t always necessary or cost effective. As a telecommuter, I’m duty-bound to agree, although I’d rather gouge out my… Read More »
