News Byte

Social Analytics Start-Up Prosodic Launches With $1.4 Million in Seed Funding

Software platform and social analytics firm Prosodic announced Tuesday it had completed a $1.4 million round of seed funding at its official launch. Investors in the round include Ignition Partners and angels Gary Vaynerchuk and David Remer of Remer Inc. The company is a predictive analytics service, informing its corporate and media customers what content should be shared with targeted audiences and how often.

Insight Leads $165 Million Round in Cloud-Based Energy Database Company Drilling Info

As the U.S. gets closer to energy independence, the investment around oil and gas exploration and the technology that helps get it done, are, well, gushing.
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Oracle Acquires Taleo for $1.9 Billion

In the wake of last year’s SAP-SuccessFactors deal, Taleo was said to be the next company to be acquired. Funny how these things work out.
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Newly Public Jive Beats the Street

Jive’s first quarter as a public company comes out pretty good.
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2012: Siri Is a Stunner, Amazon Is Amazin’ and Security Gets Spendy

Tech prognosticator Mark Anderson is back in New York with his annual predictions for the world of tech in 2012.
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Seven Questions for Mike Gregoire, CEO of Taleo

In the wake of SAP’s $3.4 billion deal to acquire SuccessFactors, rival Taleo is suddenly the company everyone is talking about.
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Former Data Domain CEO Frank Slootman Gets His Old Band Back Together

The reunited Data Domain gang is tuning up for an IPO with ServiceNow, a fast-growing, cloud-based help-desk play.
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Dell’s Big Cloud Acquisition: Boomi

At an event in Hong Kong this morning, Dell CEO Michael Dell said the company was readying an acquisition in the cloud-computing sector. The Street was quick to speculate that Dell was looking at Rackspace or Brocade. Turned out it wasn’t either of them. Moments ago Dell said it will acquire software-as-a-service outfit Boomi.
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IBM Buys Cast Iron

IBM’s added yet another acquisition to its infrastructure portfolio, SaaS and cloud integration company Cast Iron Systems.
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Yammer Grabs $10 Million More in Funding

Yammer, the enterprise equivalent of Twitter, said it had grabbed another $10 million in financing, after raising $5 million a year ago. But the question for the San Francisco-based microblogging service for businesses and closed groups is: “What are you working on?” Emergence Capital took the lead in the Series B round for Yammer, along with ubiquitous Silicon Valley investor Ron Conway and previous investors.