Exclusive: Workday Picks Its Bankers for a Fall 2012 IPO

Having started a search for bankers in December, Workday has settled on four who will take it through the IPO process, starting with an S-1 filing expected in mid-July.
Aneel Bhusri

Workday Is Looking for Bankers to Help It Go IPO in 2012

The wait begins for one of the most anticipated IPOs of 2012.
Aneel Bhusri

News Byte

Uber Gets Uber-Large Round of Funding for Mobile Car Service

Uber today announced it had raised $32 million in Series B funding from Menlo Ventures, Goldman Sachs, Bezos Expeditions, Benchmark Capital and others, and it also launched in its first European city, Paris. The 18-month-old company says it wants to be a “global transportation and logistics brand.” For now, it helps users hire and pay private luxury cars to drive them around.

Exclusive: Aneel Bhusri’s Workday Raises $85 Million at a Whopping $2 Billion Valuation

The cloud-based human resources software outfit is growing fast and eyeing an IPO next year. Among its new investors: T. Rowe Price, Morgan Stanley and Fidelity.
Aneel Bhusri

News Byte

MakerBot Raises $10 Million for 3-D Printers

MakerBot, a start-up that makes (relatively) affordable 3-D printers, has raised a $10 million round led by Foundry Group. Other investors include RRE, True Ventures, and Amazon CEO Jeff Bezos’s personal investment group Bezos Expeditions.

Exclusive: Wal-Mart Paid $300 Million-Plus for Kosmix

According to sources close to the situation, retail giant Wal-mart paid just over $300 million in cash for Kosmix, an acquisition announced earlier today. That’s a big price for the six-year-old Mountain View, Calif.-based company, which has built a social media platform that organizes content by topic and had raised $55 million from a large group of Silicon Valley venture firms.

Wal-Mart Acquires Kosmix to Move Into Social and Mobile

Wal-Mart is buying Kosmix, a Mountain View, Calif.-based company that has built a social media platform that organizes content by topic.

Voices

Amazon, Dell Founders Help Fund Healthcare Startup

A Seattle startup that provides primary health care for a flat monthly fee is getting some big-name financial backers from the technology industry: Jeff Bezos and Michael Dell. Qliance Medical Management Inc. says it has raised $6 million in new funding in a financing round led by Bezos Expeditions, the personal investment company of Amazon.com’s CEO; additional financing came from MSD Capital, Michael Dell’s investment firm.

Jeff Bezos, Spark Capital, Bet on Aviary, a Web-Based Would-Be Adobe

Last week, Jeff Bezos made $2 billion in one day, courtesy of a massive spike in Amazon shares. That gives him more money to plow into the likes of Aviary, a Long Island-based company that makes design software. The Amazon CEO has made a second investment in the company as part of a $7 million round led by Spark Capital.
aviary

When Twitter Met Facebook: The Acquisition Deal That Fail-Whaled

About three weeks ago, Facebook and Twitter ended several weeks of serious talks, in which Facebook was offering to acquire Twitter for $500 million of its stock, which also included a cash component. While rumors of Facebook’s interest were brought up in an interview with Facebook CEO Mark Zuckerberg at the Web 2.0 Summit a few weeks ago, some shot down the idea as silly. Quite incorrectly, as it turns out, since top execs at both Facebook and Twitter were right then at the tail end of discussions, which were initiated by the privately held Facebook in mid-October, about bringing the two together. Those talks, sources on both sides said, are now over. So why did the deal break down?