Actian to Acquire Big-Data Startup ParAccel

Actian rolls up its third acquisition in five months.
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Vidyo Raises $17 Million in Round Led by Triangle Peak

A new investor.
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Voices

10 Million Jobs in 10 Years

“10 for 10” proposes that the government join forces with the American business and entrepreneurship community to create 10 million new U.S. jobs in the next 10 years.
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Menlo Ventures’ Pishevar and Goldman’s Stanford to Found Sherpa, a Startup Aimed at Making New Startups

Can the pair carry the load for new companies?
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Another Big Ad Tech Bet? Yup: DataXu Raises $27 Million.

No one wants to invest in ad tech anymore. Except the people who keep writing big checks …
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One Less Groupon Clone: J.P. Morgan Chase Acquires Bloomspot

J.P. Morgan Chase is acquiring Bloomspot, one of the smaller daily deals companies in the U.S.
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Cinemagram Raises $8.5M Led by Menlo Ventures

Series A crunch what?
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Investors Plug Another $25 Million Into IPO-Bound Flurry

Flurry sees ongoing demand for its advertising and analytics services, as smartphones and tablets continue to be adopted worldwide.
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News Byte

Online Investment Firm Betterment Hits Its Own Goal of Raising $10 Million

New York-based Betterment, which provides online investment tools, has secured $10 million in a second round of funding. The round was led by Menlo Ventures with existing investors Bessemer Venture Partners and Anthemis Group also participating. Along with offering investment services like IRAs, the company recently added an online gift registry that enables users to contribute to gifts for friends and families.

News Byte

Warby Parker’s Future So Bright It Raises $37 Million to Sell More Shades

Warby Parker, which aims to build a trendy brand selling eyeglasses, has raised $36.8 million in venture capital, according to a regulatory filing. The filing was first noticed by Fortune, which reports that General Catalyst Partners appears to have led the round. Warby Parker previously raised about $12 million from Tiger Global Management, First Round Capital, Lerer Ventures, SV Angel, Menlo Ventures and Thrive Capital. The round, which is expected to close later this year, could increase to as much as $40 million.

The “B” Word

Shervin Pishevar Joins Menlo Ventures