start-ups

News Byte

Airtime Raises $25M, Brings in Early Hulu Team by Acquiring Their Start-Up, Erly

Liz Gannes in Social on May 22 at 9:16 pm PT

Airtime, the soon-to-launch video start-up from the co-founders of Napster, has raised $25 million in Series B funding led by Kleiner Perkins Caufield & Byers and including Andreessen Horowitz, Accel Partners, Google Ventures, and the Social + Capital Partnership, as first reported by TechCrunch and confirmed by the company. Airtime also acquired Erly, the young, KP-backed event-photo-sharing start-up created by the early Hulu product team.

News Byte

For Valley Engineers, Big Data and Networking Start-Ups Are Still Sexy

Mike Isaac in News on May 17 at 4:30 am PT

Consumer companies may be hot among investors, but big data and networking start-ups are hotter still to Valley engineering talent, according to a recent LinkedIn report. The study claims that analytics firms and networking start-ups like Cloudera and Arista Networks are garnering the most engineering mindshare. The study took into account the LinkedIn activity of more than 240,000 Bay Area engineers from January through March.

News Byte

Social+Capital and Greylock Fund Health Insurance Site Simplee

Liz Gannes in News on May 15 at 5:00 am PT

Simplee, a health insurance management site that helps consumers pay bills, has raised $6 million in Series A funding led by the Social+Capital Partnership and including seed investor Greylock Partners. The company, which launched last year and competes with Cake Health, said it is compatible with 80 percent of U.S. insurers, and plans to expand to large employers and health savings account banks.