LittleBits said it raised a $3.65 million Series A round that was led by True Ventures and joined by Khosla Ventures, O’Reilly AlphaTech Ventures and Lerer Ventures. The company also said it struck a partnership deal with supply chain management company PCH International. PRESS RELEASE littleBits Closes Series A and Partners with PCH International To [...]
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OpenX Technologies, a global provider of digital advertising technology, has appointed senior online advertising industry executive Eric Rosenthal as general manager of the company’s enterprise business. OpenX Technologies is based in Los Angeles and is backed by investors including Accel Partners, Index Ventures, SAP Ventures, AOL Ventures, Mitsui & Co. Global Investment Presidio Ventures and [...]
(Reuters) – Mobile location based start-up Foursquare raised $50 million in a round of financing lead by venture capital firm Andreessen Horowitz, the company said on Friday. With this latest round of funding, the New York-based company is valued at about $600 million, according to a source familiar with the deal. O’Reilly AlphaTech Ventures, Union [...]
Concur Technologies Inc. on Thursday announced it would buy travel site TripIt Inc. in a deal that could reach $120 million and bring a handsome return to its largest shareholder, Azure Capital Partners. Azure General Partner Mike Kwatinetz says the firm’s return on the deal could top its sale of Bill Me Later to eBay [...]
Last night, TechCrunch’s Michael Arrington reported that on Monday night, a group of high-profile Silicon Valley angels met at a San Francisco restaurant, where, Arrington said he later learned, “collusion” and “price fixing” were on the menu. The story has been refuted by at least one angel who was at the dinner, but Arrington told [...]