Reuters News
2U Inc (fka 2Tor), which builds online learning platforms, filed with U.S. financial regulators on Friday to raise up to $100 million in an initial public offering of common stock, Reuters reported.
U.S. television start-up Roku is aiming to launch an initial public offering this year, Bloomberg reported on Friday, citing people with knowledge of the matter.
WhatsApp is just one more success story for Sequoia Capital, which continues to win big while many other venture firms struggle to remain relevant.
Facebook will pay $19 billion in cash and stock for mobile-messaging startup WhatsApp, producing a huge return for Sequoia Capital. WhatsApp raised just a single round of venture capital totaling $8 million from Sequoia and an unidentified investor in April 2011 at a valuation of $78.36 million, according to Thomson Reuters.
Ridesharing service Sidecar has raised $10 million from investors including Union Square Ventures, the company announced Wednesday.
ZenPayroll, which provides cloud-based payroll services to small- and medium-sized businesses, said Wednesday it had secured $20 million in its first round of venture funding from General Catalyst Partners and Kleiner Perkins Caufield & Byers.
Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.
Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at $8 billion.
Battery Ventures has promoted Chelsea Stoner to general partner, the firm announced on Tuesday, making her a rare senior female partner in the ranks of venture capital.
(Reuters) - Bitcoin is being hit by attacks from unknown computer hackers who are sending "mutated" lines of code into the program that runs the virtual currency. The attacks are responsible for problems experienced by two bitcoin exchanges that caused them to temporarily halt withdrawals by customers who stored bitcoins in digital wallets provided by the exchanges, the Bitcoin Foundation said in a statement Tuesday.