The Austin-based company helps accredited investors pool their cash together (usually somewhere between $1,000 and $30,000 per person) to fund early-stage startups.
Mobile Enterprise
17 May 2013
French BonitaSoft raised $28m since being founded in 2009. The previous round was an $11m Series B in late 2011. BonitaSoft has offices in San Francisco.
The plaintiffs, running a yellow pages listing service, had sued Yahoo and Yahoo Mexico over alleged breach of contract and loss of profits.
Tableau Software, the biggest of the two, specializes in data visualization. Marketo is a Cloud-based marketing software company.
Cook said he will present specific proposals aimed at encouraging companies to bring back foreign earnings to the US and invest that money in job creation, as well as R&D.
Brian Krzanich said that under his leadership the chipmaker will have an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.
Cisco has about $46bn in cash with about 80% stored overseas. If Cisco spends it in the U.S., the company will have to pay 35% in taxes.
16 May 2013
The company announced third quarter earnings of $12.2bn beating analysts’ predictions of $12.18bn. Net sales were a 5% increase over this quarter last year.
SGL (Stained Glass Labs) is a group of entrepreneurs, mentors, and early adopters who are forming an incubator program for companies working with wearable computing.
Austin has been named the “number one boomtown” and best place for your startup by folks like Forbes and Bloomberg. It recently became the 2nd city chosen to receive Google Fiber.