Felicis Ventures, a Palo Alto, Calif.-based venture fund started by early Google employee Aydin Senkut has raised a new $70 million fund. The investment group is well known for its investments in Angry Birds’ parent, Inkling and Shopify. This is their second institutional seed fund. Read more »
Even today, millions of American businesses are still offline — a situation that Texas startup Ownlocal is hoping to change, with new money and a fresh plan that could even help prop up embattled media companies along the way. Read more »
Recently the social web has begun to morph into something altogether different from what it promised to be. The latest example is life-streaming service FriendFeed, which is offering up well-known Internet personalities as “friends” its users can choose to follow. Read more »
