On the heels of inking a major partnership agreement with Adobe, OptiMine Software has secured $3.6 million in a Series B round of funding led by Hummer Winblad Venture Partners. Perhaps the investor is looking to pull off another Omniture (the VC firm invested early in the web analytics and search marketing software company, which […]
Posted on October 24th, 2011 by admin
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Gartner just released its worldwide enterprise IT spending estimates, which are projected to total $2.7 trillion in 2012. That’s a 3.9 percent increase from 2011 expected spending of $2.6 trillion, but down from a 5.9 percent expected increase in 2011. Gartner says this year alone, 350 companies will each invest more than $1 billion in […]
Posted on October 22nd, 2011 by admin
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Tidemark, formerly known as Proferi, has closed a $4 million Series B round from existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday and founder of PeopleSoft, bringing the total amount raised to more than $11 million. Tidemark formerly debuted last year as stealth startup Proferi, but has rebranded today under […]
Posted on October 22nd, 2011 by admin
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Big news for ‘Big Data’ company Clustrix today. Clustrix, which was initially financed by Y Combinator back in 2006 and went on to raise $12 million in funding from Sequoia Capital, USVP and ATA Ventures, has gotten to a point where it apparently has enough klout to convince a former top Hewlett-packard (HP) executive to […]
Posted on October 21st, 2011 by admin
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We knew it was in the works, and now Dropbox has confirmed that it has raised a massive round of funding. The company has landed $250 million in Series B financing (bringing its total of capital raised to $257.2 million). Last we heard the round values Dropbox at $4 billion. Index Ventures led the round, […]
Posted on October 21st, 2011 by admin
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GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments. Launched in 2010, GramercyOne offers a product called Booker […]
Posted on October 21st, 2011 by admin
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Google+ SVP Vic Gundotra and Google Co-founder Sergey Brin took to the stage today at The Web 2.0 Summit in San Francisco to talk about their new social network and what exactly they’re up to these days. Among other things, Gundotra touched on the success Google+ has seen since its launch, most notably that users […]
Posted on October 20th, 2011 by admin
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Backupify, the startup that provides online data backup, archiving and export, is today releasing a new version of its Backupify Snapshot tool with additional features for Google Apps admins. The tool, for those unfamiliar, allows Google Apps administrators to extract and download the complete Google Apps account for a departing company employ and save the […]
Posted on October 20th, 2011 by admin
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Ken Goldberg, a professor of New Media, Robotics, and Industrial Engineering at UC Berkeley, launched an interesting new startup from the stage of The Web 2.0 Summit in San Francisco today, called Hybrid Wisdom Labs. The startup, according to its founder, has emerged from “more than a decade of robotics and social media research at […]
Posted on October 19th, 2011 by admin
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Speaking today at Web 2.0, Microsoft CEO Steve Ballmer was boisterous as usual. In a rousing talk with John Batelle, Ballmer talked about how, since last being on stage at Web 2.0 three years ago, Bing has doubled its market share, Microsoft hasn’t completely given up on competing with Google+ and social, the tech giant […]
Posted on October 19th, 2011 by admin
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