TODAY ON FOUND3R - Venture Capital STORIES

Kno Raises $46 Million More To Build "Most Powerful Tablet Anyone Has Ever Made"

Michael Arrington — Wed, 08 Sep 2010 07:14:04 UTC

Marc Andreessen is normally enthusiastic about the startups he's invested in. Still, when I spoke to him last week about Kno, he surprised me by saying it will be "the most powerful tablet anyone has ever made." And he's backing up that claim with a new investment - Andreessen Horowitz has put even more...

How To Discuss Stock Options With Your Team

Mark Suster — Tue, 07 Sep 2010 15:49:35 UTC

I was thumbing through Twitter messages on my Blackberry on Monday (I use Twitter as a " mobile first, web second " product) when I saw the following Tweet (see graphic). I resisted the temptation to jump in with a response because I knew it was too complicated of a topic to discuss on...

Super Angel/VC Smackdown: Seriously?

Eric Paley — Tue, 07 Sep 2010 23:33:00 UTC

I was on a panel last year titled "The Future of Venture Capital" with four other panelists who had way more experience in venture capital. In fact, I'm not sure what my credentials were to be on the panel, given my six months' experience in the industry. My credibility with the audience fell further...

Is Google's Mobile Loss in China Kai-fu Lee's Gain?

Sarah Lacy — Wed, 08 Sep 2010 05:41:42 UTC

Former head of Google China, Kai-fu Lee, insists-insists-that he is not happy that Google imploded its business in China. "Seeing the work that I put in, how could I be happy to see that?" In fact, in a press release all about his incubator's companies being built on top of Android he doesn't use the...

Alert The Enterprise: Seesmic Integrates With Salesforce Chatter

Mike Butcher — Wed, 08 Sep 2010 07:07:57 UTC

How businesses and brands deal with social media has become one of the defining issues of the recent web era. Today a pretty big leap is taking place which may define the next phase. Two of the biggest players have come together to create certainly one of the slickest and most seamless integrations I've...

Nvidia to showcase 60 visual computing startups at GPU Technology event

Dean Takahashi — Tue, 07 Sep 2010 12:00:33 UTC

Visual computing keeps gathering steam, if Nvidia's upcoming conference on the matter is any indication. Visual computing is the use of the computational power of a graphics chip for non-graphics applications, ranging from medical imaging to video encoding. Nvidia will highlight visual computing at...

Back-Up-Your-Cloud's Backupify Raises $4.5M

www.thealarmclock.com — Tue, 07 Sep 2010 16:00:10 UTC

Cambridge, MA-based Backupify has raised $4.5M in Series A financing led by Avalon Ventures and General Catalyst. Lowercase Capital and First Round Capital also joined in the round. The startup previously raised $900K in seed financing from First Round Capital, General Catalyst, Betaworks, and individual...

Andreessen, Zuckerberg, And Ryan On How To Build A Kick-Ass Startup

Henry Blodget — Tue, 07 Sep 2010 18:17:00 UTC

For every successful startup, there are countless other companies that have failed miserably. What could they have done better? Internet entrepreneurs Kevin Ryan , of DoubleClick and Gilt Groupe, Thomas Gensemer , of Blue State Digital, Marc Andreessen , founder of Netscape,...

Chris Dixon to VCs: Act More Like Startups

Mathew Ingram — Wed, 08 Sep 2010 00:00:54 UTC

Hunch.com co-founder Chris Dixon has some advice for big venture capital firms: think more like, and behave more like, the startups you invest in. In a blog post, the startup CEO listed suggestions for how major VCs might want to approach their business - based on how he would approach it if he was running...

This Friday: Fred Wilson Answers Your Questions

Sarah Lacy — Tue, 07 Sep 2010 17:50:14 UTC

So far most of our shows on TechCrunchTV have been about bringing you news, analysis and interviews of some of Silicon Valley's most powerful and interesting personalities. But starting this Friday, we're going to get you, dear readers, into the mix- or at least your questions. We're launching a new...

VMware Makes Two Acquisitions, Mascoma Picks Up SunOpta Unit, Vela Gets $6M, & More Boston-Area Deals News

Erin Kutz — Wed, 08 Sep 2010 04:01:34 UTC

The holiday weekend hasn't seemed to slow down deal-making in New England. We've seen acquisitions, funding rounds, and even an IPO registration for companies in the life sciences, software, and energy spaces. Drugmaker giant Pfizer said it had agreed to purchase FoldRx Pharmaceuticals, a Cambridge,...

Intarcia Therapeutics raises $5M to treat long-term conditions

Julie Klein — Wed, 08 Sep 2010 07:00:26 UTC

Intarcia Therapeutics, a biopharma company developing therapies for hepatitis C, type 2 diabetes and obesity, has raised $5 million of an expected $15 million in debt, options, warrants and other securities. New Leaf Venture Partners, Venrock Associates and New Enterprise Associates contributed to the...

Salesforce.com launches Chatter Mobile to keep on-the-go employees updated

Cody Barbierri — Wed, 08 Sep 2010 07:01:26 UTC

Salesforce.com, a company that creates applications for sales and customer support, today announced the launch of Chatter Mobile, a mobile application for colleagues to stay up to date on work activities while out of the office. The mobile application leverages Salesforce.com's Chatter feature, which...

Investors shy from third-party Twitter apps

Faith Merino — Tue, 07 Sep 2010 19:51:00 UTC

Bad news if you're trying to cash in on Twitter's fame and fortune by building a company that will provide a Twitter-based feature as a third-party app. According to a recent report from CB Insights, financing for such startups has dropped precipitously. Between June 2009 and May 2010, venture capitalists...

Cloud Storage Provider Raises $4.5 Million

By DEALBOOK — Wed, 08 Sep 2010 06:27:13 UTC

Cloud storage provider Backupify, which specializes in backing up data from social media services like Twitter and Facebook announced Tuesday that it raised $4.5 million in its first round of fundraising led by Avalon Ventures and General Catalyst Partners, VentureBeat reported. Backupify, founded...

Zogenix Files For IPO

www.socaltech.com — Tue, 07 Sep 2010 12:43:00 UTC

San Diego-based Zogenix, a developer of needle-free, delivery systems for the treatment of acute migraines and cluster headaches, has filed for a $90M IPO. The IPO is being underwritten by Wells Fargo Securities, Leerink Swann, Oppenheimer Co., and Stifel Nicolaus Weisel. The firm is venture backed...

Backupify Raises $4.5 Million To Back Up Data In The Cloud

Leena Rao — Tue, 07 Sep 2010 13:13:27 UTC

Backupify, a cloud computing service that backs up data on other cloud computing services, has raised $4.5 Million in Series A funding co-led by Avalon Ventures and General Catalyst, with Lowercase Capital and First Round Capital participating in the round. Founded in 2008 by Rob May, Backupify backs...

Backupify raises $4.5M to back up data

Katie Gatto — Tue, 07 Sep 2010 16:01:00 UTC

And, Backupify - now flush with new cash - is hoping to ensure that you'll never lose that Tweet, to a connection made on Facebook, to a spreadsheet on Google docs to a photo on Flickr. Backupify Tuesday announced its raised $4.5 million in Series A funding from a variety of sources including: Avalon...

Backupify raises $4.5M to save your social media shenanigans

Matthew Lynley — Tue, 07 Sep 2010 17:10:17 UTC

Cloud storage provider Backupify, which specializes in backing up data from social media services like Twitter and Facebook announced Tuesday that it raised $4.5 million in its first round of fundraising led by Avalon Ventures and General Catalyst Partners. Backupify, founded in 2008 by Rob May, is...

Cleantech VC investment up $311M in Q2

www.bizjournals.com — Tue, 07 Sep 2010 18:17:02 UTC

That's up by $311 million from the $719 million invested in 51 companies in the first quarter, according to a report by VentureDeal LLC in Menlo Park, which keeps track of such things and which counts businesses from these areas as a single category for analysis. The data is at odds with other, gloomier...