News Byte
Tricia Duryee in Commerce on February 6 at 1:00 am PT
Mobeam has raised another $1.5 million in capital to work on a solution for point-of-sale systems at retail not being able to read bar codes from coupons on cellphone screens. In October, the company raised $5 million; in December, it inked a high-profile partnership with Procter & Gamble, and now adds new investor DFJ Athena, a Korea-focused venture fund affiliated with Draper Fisher Jurvetson, to the list. Previous investors include Yet2Ventures, Samsung Ventures and Mitsui.
Kara Swisher in News on January 3 at 11:29 pm PT
Has Yahoo found its new Prince Charming in PayPal President Scott Thompson?
Kara Swisher in News on September 22, 2011 at 5:45 am PT
Big play in China, as big investors pour a fortune into Alibaba Group shares to give its employees some walking-around money.
Kara Swisher in Commerce on September 15, 2011 at 6:00 am PT
The online textbook rental is on a hiring spree to expand its student-aimed business all year round. The latest move: Acquiring Zinch, which links high school students with college recruiters.
News Byte
Tricia Duryee in Commerce on September 8, 2011 at 12:47 pm PT
Cardlytics, which is developing
a platform that enables banks and others to offer Groupon-like discounts to consumers, has raised a $33 million fourth round of capital. Investors in the round include Groupe Aeroplan, with which it is also forming an alliance, along with Canaan Partners, Polaris Venture Partners, TTV Capital, ITC Holdings and Kinetic Ventures. The Atlanta-based company will use the capital for U.S. and international growth.
Kara Swisher in News on April 13, 2011 at 9:35 am PT
Today and tomorrow, Yahoo’s directors are gathering here in Silicon Valley for one of their regular meetings that take place over the course of the year.
While board meetings in general are usually pretty dull affairs–and Yahoo’s, in particular, are typically glacial ones–there is a lot on the plates of those with purview over the machinations of the long-struggling Silicon Valley Internet giant.
Jean Eaglesham, Reporter, The Wall Street Journal in News on April 8, 2011 at 2:30 am PT
Federal securities regulators are moving toward easing decades-old constraints on share issues by private companies, in a sweeping review that could remake the way American start-ups raise capital.
Pui-Wing Tam and Amir Efrati, Reporters, The Wall Street Journal in News on March 10, 2011 at 5:00 am PT
As venture capitalists scramble to get a piece of Silicon Valley’s new Web boom, entrepreneurs like Aaron Levie are finding they have the upper hand.
Mr. Levie, 26 years old, founded online storage provider Box.net in 2005. While his 140-person Palo Alto, Calif., company has money in the bank, Mr. Levie saw the Web investing environment heat up recently, driven by interest in fast-growing start-ups such as Facebook Inc. and Zynga Inc.
