Alastair Goldfisher
When it comes to angels vs. VCs, what do entrepreneurs think of their investment choices? “At the end of the day, you raise money from who you like to work with,” said Mrinal Desai, co-founder of CrossLoop.com and the first business development manager at LinkedIn.com. Desai is currently working on his next startup, called addappt, […]
For many entrepreneurs, there is more to life than the latest “angelgate” developments. Among the concerns that entrepreneurs are ruminating over: How do I know I’m hiring the right people? How will my product and marketing strategy work if I want to go global? What have I learned from the dot-com crash? Consider for a […]
Yet another cloud-related startup has emerged from stealth and announced a hefty round of funding. Milpitas, Calif.-based Aryaka Networks this morning announced it raised a $14 million Series A round from Mohr Davidow Ventures, Trinity Ventures, Nexus Venture Partners and Stanford University. The WAN optimization provider, which already has 75 employees, aims to improve network […]
Further evidence that the cloud space is heating up comes this morning from Cirtas Systems. The San Jose, Calif.-based provider of a cloud storage gateway device announced that it has emerged from stealth mode and has raised $10 million in an oversubscribed Series A round from New Enterprise Associates, Lightspeed Venture Partners and Amazon. Cirtas […]
Pelago has the distinction of being the first company to raise money in 2008 from the iFund, the Kleiner Perkins fund that backs products that run on the iPhone, iTouch and iPad. What’s remarkable about that is that the Seattle-based company was initially seeded by individual investors in 2006, a year before Apple’s iPhone was […]
About a month ago, Paul Biggar, who now works at Mozilla, promised he would write on his blog why NewsLabs, the company he co-founded, bit the dust. Biggar came through as promised with a long missive that you can read on his blog. Perhaps people outside of the Fourth Estate didn’t care much about the […]
Brian Wong is just 19, but he sounds like a seasoned entrepreneur. At the Teens in Tech miniConference in San Francisco on Saturday, Wong, founder of stealth mobile gaming company Kiip.com, talked about the major barriers he has had to overcome — as a teenage entrepreneur. Wong previously held a business development position at Digg, […]
The Mayfield Fund, fresh off of the $2.4 billion sale of storage company 3PAR, in which it was an original investor (as we previously reported), plans to announce on Tuesday that it has led the $13 million Series B round in StorSimple. It was a competitive round, says Ursheet Parikh, co-founder and CEO of StorSimple, […]
You don’t have to be a rocket scientist to interact on any of the tons of social networking websites available. But at ResearchGATE, it sort of helps if you are a rocket scientist, or at least an academic or a medical researcher. The Cambridge, Mass.-based company, which has more than 500,000 registered users worldwide, operates […]
A year after he co-founded the Beijing-based incubator Innovation Works, Kai-Fu Lee announced in China on Monday that the organization has launched a dozen startups. Lee, chairman and CEO of the organization, launched Innovation Works shortly after he resigned as head of Google China. So far, the projects coming out of the IT incubator program […]