Famo.us’ 15 minutes of open source fame have come to an end. JavaScript rendering engine Famo.us has pivoted out of its hardcore open sourced engineering platform which had raised over $31 million. It’s now refocused on commercializing the idea of powerful mobile web apps with a content management system for branded marketing apps. Read More
from TechCrunch
On the heels of a $75 million investment from Accel, Chinese drone king DJI is putting some of its funding to use by making some investments of its own. The company this week announced that it would be taking a stake in Hasselblad, a camera maker from Sweden that focuses (!) on high quality equipment, often used in more challenging environments. This is a minority stake and neither… Read More
from TechCrunch
The writing is on the wall for more consolidation in the world of startups… both literally and figuratively. Today Anoto, a digital writing company based out of Sweden, announced that it would acquire longtime partner Livescribe, another a smart pen maker, for $15 million in a deal that is expected to close this month. Specifically, Anoto says this is an all-cash deal and is based… Read More
from TechCrunch
The application monitoring service New Relic today announced better-than-expected quarterly earnings, but in addition, it also today disclosed that it has acquired the cloud infrastructure monitoring company Opsmatic.
New Relic mostly focuses on giving insight into how well their applications are performing on their servers. Opsmatic takes a similar approach, but its focus is more on the… Read More
from TechCrunch
Microsoft today announced that it has acquired Mobile Data Labs. While that name probably doesn’t ring a bell, the company’s MileIQ app is one of the most popular Android and iOS mileage-tracking apps for getting deductions and reimbursements. Financial details of the transaction were not disclosed. Read More
from TechCrunch
Trinity Ventures, a 29-year-old, Sand Hill Road Firm whose recent hits include the IPOs of Zulily, New Relic and TubeMogul — not to mention the still-private but highly valued startup Docker — has closed its 12th fund with $400 million in capital.
We were in touch yesterday with Ajay Chopra, a general partner at the firm for nearly the last decade, to ask what the fundraising… Read More
from TechCrunch
BuildingConnected is a platform to help construction firms manage the details of a job, with the aim to help save time and money on building projects. Today, the startup announced it had raised $8.5 million in Series A financing from Crosslink Capital, Homebrew, Freestyle, Bee Partners and Brick and Mortar. BuildingConnected pulled in a seed round of $2.2 earlier this year, bringing the… Read More
from TechCrunch
France has developed something of a name for itself as a center for IoT startups, and today another mover and shaker in the space is making some waves. Netatmo, a Paris-based designer of stylish connected home devices like smart thermostats and security cameras — think France’s answer to Nest — is announcing that it has raised €30 million ($32 million). The funding… Read More
from TechCrunch
Flying a drone is kind of like driving a car that only has a windshield. You can only look in one direction at a time, and when the drone gets out of visual range, the user is left with one a single view through the lens of a camera. HiveMapper, a company that just raised a $3 million Series A led by Spark Capital, is looking to make that a bit safer. You can think of Hivemapper as a Waze… Read More
from TechCrunch
It seems like only yesterday that we were introducing you to 500’s Batch 14, but Summer is gone, the demos have been done, we’ve picked our favs and it’s time to introduce you to the next group going through 500’s accelerator — 500 Startups’ Batch 15. 500 Startups has a thesis of investing in many startups, some that they consider “unsexy,”… Read More
from TechCrunch