Yet more exits for Israeli startups, with the latest two developments a throwback to the hardware and engineering muscle that raised the tech profile of the region in the first place, before the Waze’s of the world got us thinking about Israel as a hotbed of consumer internet companies. Today, reports leaked out, and we […]
Posted on July 17th, 2013 by admin
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Yet more exits for Israeli startups, with the latest two developments a throwback to the hardware and engineering muscle that raised the tech profile of the region in the first place, before the Waze’s of the world got us thinking about Israel as a hotbed of consumer internet companies, as well as an indication that […]
Posted on July 16th, 2013 by admin
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Salesforce.com has taken a $300 million loan from Bank of America to pay for its acquisition of ExactTarget which it acquired in June. The loan, when considered in the context of other debt, is reducing the company’s cash resources, signaling a potential cooling in its acquisitions. According to an 8-K filed today with the Securities […]
Posted on July 16th, 2013 by admin
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Forrester Research has now released its annual look at the state of IT spend globally, and the analysts project that there will be $2.06 trillion invested across software, hardware, and IT services by enterprises and governments in 2013. Within that, U.S. will be the biggest-spending country by a long shot, and — in a sign […]
Posted on July 15th, 2013 by admin
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A Google engineer concluded on his Google+ page last week that a cloud platform can’t be built without some form of lock-in. That’s evidently true but there really is one main reason for making such a point. Google wants to show that it is not much different from its competitors when it comes to this hot topic […]
Posted on July 15th, 2013 by admin
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Looks like we have a final chapter for Better Place, the Israel-based electric car tech startup that raised $786 million plus $50 million in debt, only to then file for bankruptcy in May: it has now been acquired by a group called Sunrise, headed by green-technology entrepreneur Yosef Abramowitz and the Association for the Promotion […]
Posted on July 12th, 2013 by admin
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Zoomdata has raised $4.1 million for its data visualization platform that connects and analyzes historical and real-time data. The Series A round was led by Columbus Nova Technology Partners (CNTP) with Razor’s Edge Ventures, CIT Gap Funds, and B7 participating. The company does what its name describes, providing the ability to zoom into a company’s […]
Posted on July 12th, 2013 by admin
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Ladies and Gentlemen, we interrupt our normal programming about crazy entrepreneurs and even crazier VCs to bring you a little learning from the world of Engineering. Remember that? Recently Dropbox was in the news for revealing they’d hit 175 million users, and daring to say they could replace the hard drive. Big words. But what’s […]
Posted on July 11th, 2013 by admin
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Europe has been focusing for a while on trying to revive its flagging hardware and manufacturing industries, and today the European Commission decided to put its money where its mouth is. It’s proposing a new investment package worth €25 billion ($32 billion) over the next seven years to drive more production and innovation in the […]
Posted on July 11th, 2013 by admin
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Drupal-based cloud platform Pantheon is launching a new feature today called Multidev, which it says addresses the No. 1 request from the developers using the platform — the ability to “fork” every aspect of a web development project so that large teams can collaborate. Co-founders Zack Rosen and Josh Koenig told me one of the […]
Posted on July 10th, 2013 by admin
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