Violin Memory Fires CEO Basile as IPO and Quarterly Results Disappoint

Shares have fallen 70 percent since a September IPO.
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News Byte

Instant House Help Service Handybook Raises $10M

Handybook, an on-demand service for finding housecleaners and handy people, has raised $10 million fromĀ General Catalyst Partners and Highland Capital Partners. Available in eight U.S. markets, the service promises it can book professionals (a.k.a. not TaskRabbit-y people) within a minute.

Aereo Raises $38 Million to Take Its Cord-Cutting Service to 22 More Cities

The TV guys are suing to shut the TV-over-the-Web startup down. Full steam ahead, says Barry Diller.

Motion-Control Start-Up Leap Nabs $30 Million in Funding, Partners With Asus

The little motion-sensor device gets a big chunk of change.

News Byte

CrowdSource Raises $12.5 Million for Enterprise Tasks

CrowdSource, which uses hundreds of thousands of workers to manage labor-intensive tasks at scale, raised $12.5 million in a Series A funding round. The funding was led by Highland Capital Partners. The start-up, which focuses on content creation and structuring big data, said it will use the funds to expand offerings, add workers and increase sales and marketing.

Having Swapped Out Its Original Plan, ThredUp Gets $14.5M for Used-Clothing Sales

ThredUp’s new centralized model beat out its original peer-to-peer clothing exchange.

Leap Motion Lands VC and Apple Vet Andy Miller

The Quattro co-founder and former iAd boss adds another company and title to his CV.

Gemvara Raises $25 Million to Become the Zales of the Internet

As the 27-year-old founder and CEO of Gemvara, Matt Lauzon said it is his goal to do to Tiffany’s and other jewelers what Amazon did to Barnes & Noble and other booksellers.

Cloud Computing With a Chance of Mobile: Weather Channel Adds Former Quattro CEO to Board

The weather media giant picks a mobile expert as a director.

OpenSky Raises $30 Million for Twitter-Inspired Shopping Site

OpenSky is e-commerce with a Twitter twist: Follow celebrities and experts to get recommendations on the latest food, fashion, design and style.

Digg Dugg: $28.7 Million