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Snapchat Is Apparently Worth $10 Billion

Snapchat Is Apparently Worth $10 Billion

By Josh Wolford July 30, 2014

Snapchat has been reported as the fastest-growing social app. It’s inspired an absolutely pointless ripoff from a huge international company. It’s so popular among teens that it’s making them lose their frickin’ minds. But is it really worth $10 billion? …

Microsoft Invests $15M in Foursquare, Snags Data Microsoft Invests $15M in Foursquare, Snags Data

Foursquare has just received a cash injection from Microsoft, and Microsoft products will soon sport billions of Foursquare data points. The two companies have just announced a strategic partnership that will see Windows OS, as well as Bing, receive location …

Jelly Raises New Funding From Greylock Jelly Raises New Funding From Greylock

Jelly announced that it has secured a new Series B round of funding with Greylock Partners, and that partner Josh Elman, who worked as a product lead at Twitter, has joined Jelly’s board. This follows Series A funding last year …

Foursquare Touts 45M Users, $35M in New Funding Foursquare Touts 45M Users, $35M in New Funding

It’s been a big, transformative year for location-focused app Foursquare. For the past year, Foursquare has been making both incremental and monumental shifts in the core functionality of the app, taking it from just another check-in game to a real …

Someone Gave Bitstrips a Bunch of Money Someone Gave Bitstrips a Bunch of Money

If you hate Bitstrips, you’re not alone. If you love Bitstrips, you’re also not alone. The popular Facebook app that allows users to create custom avatars and stick them in pre-designed comic situations has over 10 million active users. The …

6-Year-Old Tries to Save NASA with WH Petition 6-Year-Old Tries to Save NASA with WH Petition
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With NASA budget cuts looming, one 6-year-old kid is taking as direct a route as he can to ask President Obama to save the nation’s space program. Connor Johnson of Denver, Colorado loves space and hopes to be an astronaut …

Arthritis, It’s Time To Get Serious Arthritis, It’s Time To Get Serious

Sufferers of arthritis, the disease referring to inflamation of the joints, will be happy to hear some good news that has recently been released from the Canadian organization, The Arthritis Society. As the largest non-government funded organization in Canada responsible …

DataStax Raises New $45 Million Round Of Funding DataStax Raises New $45 Million Round Of Funding

Datastax announced this week that it has completed a $45 million series D round of funding led by Scale Venture Partners with participation from existing investors Lightspeed Venture Partners, Crosslink Capital and Meritech Capital Partners, and new investors DFJ Growth …

Blekko Raises New Funding, Reduces Staff Blekko Raises New Funding, Reduces Staff

Blekko has both reduced its staff and raised new funding. According to a report from Greg Sterling at Search Engine Land, who had an email exchange with CEO Rich Skrenta, the company laid off eight people earlier this week as …

Jelly Reveals Bono, Al Gore, and More as Investors Jelly Reveals Bono, Al Gore, and More as Investors

On April 1st, Twitter co-founder Biz Stone confirmed that he was working on a new startup called Jelly. He was kind of forced into revealing his hand, after news of the project leaked in late March. When Stone announced the …

Foursquare Gets $41 Million in Funding Foursquare Gets $41 Million in Funding

Foursquare has announced that the company has secured $41 million in funding from private equity firm Silver Lake Waterman, as well as existing investors Andreessen Horowitz, O’Reilly AlphaTech Ventures, Spark Capital, and Union Square Ventures. CEO Dennis Crowley announced the …

Google May Cut Off Funds To Pirate Sites Google May Cut Off Funds To Pirate Sites
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For the longest time, the media industry has lobbied Google to censor its search results in favor of “legitimate” Web sites. Google gave in a little last year when it introduced a new ranking signal that puts pirated content lower …

Google Ventures The Third Most Active VC Firm In US Google Ventures The Third Most Active VC Firm In US
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Google Ventures is now the third most active venture captial firm in the U.S., according to the New York Post, citing info from CB Insights. Google Ventures launched in 2009 with the goal of “discovering and growing great companies,” and …

Starbucks to Sell Square's Mobile Card Readers Starbucks to Sell Square's Mobile Card Readers
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Would you like a mobile payments processing unit with your caramel macchiato? Square and Starbucks are further bolstering their relationship, building on one that already includes millions in investment and a payment option deal. Starting soon, Starbucks customers will be …

BuzzFeed Lands $19.3 Million in Funding BuzzFeed Lands $19.3 Million in Funding

Viral trendsetters BuzzFeed have just announced a significant cash injection – $19.3 million led by NEA. Previous investors RRE, Hearst, SoftBank, and Lerer Ventures also participated – as did Michael and Kass Lazerow, Buddy Media co-founders. “We have the senior …

Spotify Gets Another $100 Million In Funding Spotify Gets Another $100 Million In Funding

Spotify has attracted a new $100 million round of funding, valuing the company at nearly $3 billion, according to various reports. According to the New York Times’ Media Decoder, Coca-Cola is becoming a minority investor in the company as part …

Twitch Raises $15 Million in VC Funding Twitch Raises $15 Million in VC Funding

Twitch, the leading online platform for streaming games and eSports events, announced this week that it has received a $15 million investment from venture capital firms during its latest funding round. Venture capital firm Bessemer Venture Partners provided the bulk …