Friday Aug 15
Samsung Electronics to buy VC-backed SmartThings
Samsung Electronics has agreed to acquire SmartThings . No financial terms were disclosed.
Meet Silicon Valley's best-funded tech startups in this post-dotcom record year
Uber Technologies, $1.5 billion: CEO Travis Kalanick has raised money for his San Francisco ride-sharing company from investors that include First Round Capital, Benchmark, Google Ventures, Lowercase Capital and Fidelity Investments.
Aviso Announces Executive Leadership Team
Aviso launched April 30 after two years of product development, and is backed by Shasta Ventures ; First Round Capital ; Cowboy Ventures ; Bloomberg Beta ; and several Silicon Valley CEOs and leaders.
Commercial drone startup Airware grabs $25 mln Series B
Airware, creator of a hardware, software, and cloud services platform for commercial drone development and operation, announced today it has raised $25 million in Series B financing.
Threadflip Raises $13 Million Series B to Double Down on Its On-Demand Closet Refresh Service
Norwest Venture Partners led Threadflip's Series B funding round with participation from earlier investors Baseline Ventures, First Round Capital and Shasta Ventures.
Wall Street Journal
The Daily Startup: Tiger Global Backs Online Lender AvantCredit
Demand for consumer loans and credit is on the rise, and venture investors are backing a new class of online lenders to meet this demand, disrupt traditional banking and make a windfall.