Today, Larry Summers became the latest prominent name to endorse Lending Club — the fast-growing peer-to-peer lending company that aims to connect creditworthy borrowers with smart investors — as the former U.S. Treasury Secretary joined the company’s growing, star-studded board of directors. The economist, also known for serving as the 27th president of Harvard University […]
Posted on December 13th, 2012 by admin
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At Dell World in Austin, Texas, today, President Bill Clinton delivered a keynote address discussing the importance of collaboration and how society needs to get into the tomorrow business. Silicon Valley, the startup community, big data vendors — all of them are in the business of tomorrow. All of these communities live in the future. […]
Posted on December 13th, 2012 by admin
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Sutter Hill Ventures Greg Sands has left the firm to launch a $100 million fund to invest in early stage, cloud services for businesses and consumers that leverage data and analytics. Costanoa Venture Capital is launching with ten initial investments. Overall, investments in portfolio companies will range from $500,000 to $3 million. The mission is to help provide early […]
Posted on December 12th, 2012 by admin
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TechStars Seattle startup Sandglaz has raised a $500,000 seed round from private investors for its task-management service, which combines the practices of Agile development methodologies with traditional project management. Sandglaz, founded in 2011, is designed for high performance teams of five to 15 people who often have shifting priorities. The difference, says Co-Founder Nada Aldahleh, […]
Posted on December 12th, 2012 by admin
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Speek has received $1.2 million in early stage investment for its VOIP service that replaces the antiquated conference call experience of calling a 10-digit number and entering a pass code. Investors were not disclosed. Previous investors have included the CIT Gap Funds, a family of seed- and early-stage investment funds placing near-equity and equity investments in […]
Posted on December 11th, 2012 by admin
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Addvocate, a startup offering tools for businesses to encourage social media advocacy in their workforce, has hired the team behind social search service YourTrove. The two companies were working on somewhat related problems. Addvocate provides a system for pushing shareable content to employees while they’re actually using services like Twitter. In other words, it replaces […]
Posted on December 11th, 2012 by admin
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U.K.-based IT software and services provider, Advanced Computer Software Group (Advanced) — which has clients in both public and private sectors in its home market and abroad — has announced the acquisition of education software provider Serco Learning for £7.25 million ($11.6 million) in cash, £6.25 million of which is payable to Serco Group and £1 million to […]
Posted on December 10th, 2012 by admin
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RIM’s latest move to shore up the remainder of its BlackBerry user base focuses on the enterprise segment. It’s announced a program to encourage businesses currently using BlackBerrys to start learning about the brave new world of BlackBerry 10: the next generation of its platform. BB10 is a complete OS reboot so the risk for RIM […]
Posted on December 10th, 2012 by admin
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Google has announced a change to Google Apps for Business — ending the free version of the product, offering only its Premium version which costs $50 per user, per year, regardless of the size of the company. The change was announced on Google’s Official Enterprise blog. Existing Google Apps for business users who have free […]
Posted on December 9th, 2012 by admin
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Sometimes self-interest can make for some unlikely friendships. According to Bloomberg, Apple and Google have finally teamed up to buy Kodak’s portfolio of patents out of bankruptcy for an estimated $500 million. Yes, the two companies are bitter rivals when it comes to the smartphone market, and really every other market — even wearable tech, […]
Posted on December 9th, 2012 by admin
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