Venture Capital
Auto Added by WPeMatico
AppNexus Raises $60M Round Valuing The Ad-Tech Company At $1.2B
Ad tech company AppNexus just announced that it has raised an additional $60 million.
The company said that the round, which could eventually reach $100 million, valued AppNexus at $1.2 billion. The money came from an unnamed “large, Boston-based public equity and asset management firm.” Read More
Powered by WPeMatico
Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
Building a nuclear fusion reactor that can generate more energy than is put in to make it work is one of the biggest challenges facing engineers today. Like quantum computing, decades of research have mostly resulted in proofs of concept, not hardware that can be rolled out commercially. Read More
Powered by WPeMatico
With Its Eye On The Global Market, Mobile Ad Company Smaato Raises $25M More
Smaato, a company offering advertising tools for mobile publishers and developers, is announcing that it has raised $25 million in Series E funding. Founded back in 2005, Smaato’s offerings include a supply-side platform that publishers can use to manage their inventory, as well as an ad exchange for dealing with multiple ad networks. The company has now raised a total of $47 million, and… Read More
Powered by WPeMatico
Backed By Tencent And Felicis, Scaled Inference Wants To Be The Google Brain For Everyone
Google Brain, an artificial intelligence and machine learning project at Google, has been used to power services like Android’s speech recognition system and photo search on Google+.
Now, two of the most longstanding machine learning engineers, one of whom worked on Google Brain, have left the search giant to start a new company. The idea: to build machine learning, artificial… Read More
Powered by WPeMatico
RadiumOne Issues Not-Quite-Apology For Ousting CEO Who Pled Guilty To Domestic Violence
Ad platform RadiumOne and its former CEO Gurbaksh Chahal have issued a joint statement that is intended to “bring an end to all disputes they have had.” RadiumOne removed Chahal in April following media criticism of his guilty plea for charges of misdemeanor domestic violence battery and battery. “The Board did not intend to hurt Gurbaksh,” the statement reads. The… Read More
Powered by WPeMatico
Y Combinator May Be Worth One Billion Dollars. Here’s The Math
Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Around $1.05 billion. Read More
Powered by WPeMatico
VCs Don’t Think We’re In A Tech Bubble — Yet
Andreessen Horowitz managing partner Scott Kupor argued that there doesn’t seem to be a bubble in tech at the PreMoney 2014 conference in San Francisco this morning. In a presentation that lasted a bit over ten minutes, Kupor laid out a series of trends that indicate things aren’t quite as exuberant as some fear. Read More
Powered by WPeMatico
UCloud, China’s Answer To AWS, Raises $50M As It Eyes Up An IPO In The U.S.
UCloud, a China-based provider of cloud computing infrastructure and services for games companies, mobile startups and other enterprises has raised $50 million in a Series B round of financing. UCloud, which offers prices that compete against those of Amazon Web Services, says this is the largest-ever funding round for a Chinese provider of cloud-infrastructure-as-a-service. The round… Read More
Powered by WPeMatico