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Startup News by Jitendra Mudhol

A Glympse of your Location

Jason Kincaid thinks that in spite of being another "me-too", Glympse, a startup that provides Location Based Services is going to be really useful by providing a really simple and painless way to share more...
Discuss  |  Topic: Online Apps and Widgets  |  

Cisco to Buy Tidal Software

Stacey Higginbotham writes that Cisco is going strong on its journey to master and control the computing world, paying $105 Million to buy Tidal Software which will now benefit investors including Kleiner more...
Discuss  |  Topic: Mergers and Acquisitions  |  

Glam Raises $10 Million Fifth Round For European Expansions

Glam Media is expanding into German and Japanese markets with a new fund of about $10 Million, led by Mizuho Venture Capital. The VC arm of the Japanese bank was joined by ad agencies Dentsu and WPP Group-backe more...
Discuss  |  Topic: Startup Funding  |  

LBS Startups to Keep Track Of

Stacey Higginbotham of GigaOm Network puts four LBS startups on the map (LBS = Location Based Services) which are: FourSquare, YellowPin, 3Deep and AirSage, all of which are promising value-addition in more...
Discuss  |  Topic: Online Apps and Widgets  |  

Angel Funding dips due to economy

Thanks to the economy, angel investors who have been affected too, are still around and helping entrepreneurs, but on the whole, they are investing smaller amounts and the total amount from angel funding more...
Discuss  |  Topic: Venture Capital  |  

Charles River Ventures Raises $320 Million For Its 14th Fund

Having returned $600 Million for its investors over the last two years, Charles River Ventures has benefited from the IPOs of BigBand Networks, Netezza, and Virtusa, as well as the acquisitions of EqualLogic more...
Discuss  |  Topic: Venture Capital  |  

Mobile startup Obopay raises whopping $70 Million

Mobile payments company Obopay which has already raised $69 million from Qualcomm, Essar Communications Holdings Limited, Alliance Bernstein, ONSET Ventures, Redpoint Ventures, Richmond Management, Richmond more...
Discuss  |  Topic: Startup Funding  |  

Xobni raises another $3.2 Million in second round

After raising a whopping $14 Million so far, San Francisco based email startup Xobni is now releasing the real product (no more beta) and has raised an additional $3.2 Million in its second round funding more...
Discuss  |  Topic: Startup Funding  |  

GridNetworks acquired, staying in Seattle

A New York based desktop video company (any guesses here?) is acquiring the Seattle based GridNetworks company, which is based in Seattle (obviously) for undisclosed amount. GridNetworks had pooled in more...
Discuss  |  Topic: Mergers and Acquisitions  |  

Merck Serono to pump $55M in biotech start-ups

Merck Serono, a division of Germany's Merck KGaA, has set aside $55 million for a new venture fund that will invest in start-up biotech companies at a time many developers are starving for cash. more...
Discuss  |  Topic: Biotech  |