The enterprise IT industry continues to get its ducks in line. On the heels of Dell buying EMC for $67 billion and Western Digital buying SanDisk for $19 billion, HP is selling off its TippingPoint network security business to TrendMicro for $300 million. TippingPoint is a provider of next-generation intrusion systems and network security solutions, and HP says that in future it will… Read More
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Hot on the heels of raising a new $379 million fund aimed at startups at the growth stage, Highland Europe has led a $17 million round in mobile app intelligence and analytics startup Adjust. This brings total funding since being founded in 2012 to $30 million. Read More
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Danish startup Bownty, which claims to be Europe’s leading aggregator for deals on ‘local experiences’, has raised €3.4 million in Series A funding — money it plans to use to bed down in the existing markets it operates in. Read More
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Opinio is the latest hyperlocal delivery startup in India to score funding. The company announced today that it has raised a $7 million Series A from Delhivery, a logistics firm, Sands Capital, and Accel Partners. Read More
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Honestbee just raised $15 million for its on-demand grocery delivery service, but it has loftier aspirations. Head of marketing Shane Chiang says the Singapore-based company launched as a “social impact business” to give employment to people who can’t hold a regular job, such as stay-at-home parents, caregivers, and students. Honestbee’s part-time shoppers collect… Read More
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Despite a checkered history with online platforms, developers are always looking for the next big distribution model and a small but growing number is betting Slack, the popular group-messaging platform, is the way to go. One such startup, Austin-based Howdy, may be the first to nab venture funding based largely on that vision. Specifically, the company, which has developed a customizable chat… Read More
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Following its earnings release, Yahoo commented today on the forthcoming spinout of its Alibaba equity stake as a new firm, Abaco Holdings. The parent firm stated that it’s making “good progress” on the deal, and that it will “strive to complete” the transaction in the fourth quarter of this year. Read More
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It can seem at times that job application sites for companies are a black hole and impossible to navigate. That’s why Phenom People, a service that customizes company job search pages for individuals, wants to try to fix that experience. The company, which said it raised $6 million in venture financing, basically keeps tabs on who is visiting a company’s application page —… Read More
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Benchmark Capital’s Bill Gurley may be Silicon Valley’s best-known tech bubble doomsayer, but he took a positive view of the early stage investments in an onstage interview at the Wall Street Journal Live conference, Tuesday.
“Earliest stage is probably the most insulated from this,” he told the audience of his belief we are in an impending bubble pop.
This is most… Read More
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Enterprise health insurance services platform Collective Health has raised a healthy $81 million in Series C funding to help the startup continue to grow its team as well as cover the U.S. market. Ali Diab co-founded Collective Health with his friend Rajaie Batniji, a physician and political economist at Stanford University after Diab had a terrible experience going the rounds with his… Read More
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