Intel Bets on Video Everywhere With Investment in Taiwan’s SanJet

Think GoPro but with more of a day-to-day feel.

News Byte

Social Startup Sprinklr Raises $17.5 Million

Sprinklr, a social media management platform that works with both Twitter and Facebook, announced on Tuesday it has raised $17.5 million in a series C round of funding. The new funds come from previous investors Battery Ventures and Intel Capital, bringing the total amount of money raised to date to $37.5 million.

HookLogic Raises $14.3 Million to Expand Its Search Ad Exchange for Retailers Not Named Amazon

The company looks to expand its retail search network for Amazon competitors.


eBay Forms Partnership With India’s Snapdeal

eBay Inc. is looking to India to accelerate its growth.

Intel Capital Leads $9 Million Round in Mobile App Firm FeedHenry

App development in the cloud.

Zynga CIO Debra Chrapaty Departs to Join Nirvanix as CEO

She has been replaced at the gaming company by Dorion Carroll.

Intel Capital Joins Big Switch Funding Round

Intel likes the idea of software-defined networks.

News Byte

Social Startup Sprinklr Lands $15 Million

Sprinklr, a social media management startup, announced Tuesday that it had secured $15 million in its series B round from Battery Ventures and Intel Capital. The company, which has been dubbed one of Twitter’s “Certified Product Partners,” had already raised $5 million from Battery Ventures last year.

News Byte

mFoundry Acquired for $120 Million in Cash for Its Mobile Banking Tech

The original developer behind the Starbucks mobile application, mFoundry, has been acquired by FIS, which already owned a 22 percent stake in the company. FIS said it will pay $120 million in cash for the remaining stake, meaning the entire deal was worth around $165 million. Other investors in the nine-year-old company include MasterCard, Intel Capital, Motorola Mobility, PayPal, Bank of America and Ignition Partners. MFoundry had 850 clients, many of which were banks that deployed the company’s technology inside of their mobile apps.

10gen Promotes Schireson to CEO Slot

Founder Dwight Merriman will be chairman.

Why Betaworks Broke Up the Band