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Klout Takes Social Influence Mobile With New iOS App

klout3Klout, the startup that measures influence on Twitter, Facebook, LinkedIn, YouTube, Foursquare, Google+ and other social apps, is debuting its first mobile presence today with the launch of an iOS app. While Klout had a mobile website,...

Enterprise Cloud Storage And Peer-To-Peer Backup Service Symform Raises $11M

symformCloud storage and backup service Symform has raised $11 million led by WestRiver Capital, with participation from existing investors OVP and Longworth Capital. The Symform Cloud Storage Network provides businesses with unlimited offsite cloud storage and backup services. Symform says its global...

TA Associates Invests In Q&A Site Answers.com

answers1Q&A platform Answers.com is announcing a 'significant' minority investment from private equity firm TA Associates. Financial terms of the investment were not disclosed. Answers operates a community-generated Q&A site at Answers.com, and was acquired by AFCV Holdings, a portfolio...

20M Users Strong, Lookout Partners With Deutsche Telekom To Bring Mobile Security Apps To Europe

deutsche-telekomLookout, a company that offers security services for a number of smartphone platforms, is continuing its international expansion to Europe with a strategic partnership with European telecommunications giant. Deutsche Telekom. Financial terms of the partnership were not disclosed. For background,...

VCs Invested $5.8B In 758 Deals In Q1 2012, Total Dollars And Deals Both Down From Last Quarter

usVenture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012, according to a MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association (NVCA). The report shows that after a strong fourth quarter 2011, VC investment...

Dorsey Pitching Square At $4B Valuation To Legg Mason, Fidelity And Other Institutional Investors

squarePayments company Square is raising another major round of funding, but is targeting institutional investors first because of the enormous size of the round, we hear from sources. Square's CEO and co-founder Jack Dorsey and COO Keith Rabois have met with...

Uber Experiments With Lower-Priced Taxis In Chicago Through Newly Launched Labs Group, ‘Garage’

uber-2Back when Uber intially launched in San Francisco, it was heralded as a service that would disrupt the taxi industry by providing black cars on-demand via mobile phones. Thus fare, the service has gained a loyal following, and expanded to...

Open Source Private Cloud Software Startup Eucalyptus Raises $30M From IVP, Benchmark To Take On VMware

eucalyptus-systems-incEucalyptus Systems, the developer of an open source, on-premise private cloud computing platform, has raised $30 million in Series C funding led by Institutional Venture Partners (IVP), Benchmark Capital, BV Capital, and New Enterprise Associates (NEA). To date, Eucalyptus has raised...

IBM’s Mixed Q1 2012: Revenue Flat At $24.7B; Net Income Up 7 Percent To $3.1B

ibmIBM just reported mixed first quarter earnings for 2012. GAAP earnings came in at $2.61, up 13 percent with non-GAAP earnings at $2.78, up 15 percent. Revenue was flat for the quarter coming in at $24.7 billion, up 1 percent adjusting...

SEC Filing: First Round Capital Raising $135 Million For New Fund

first-round-capitalFrom a recent SEC filing, it looks like early stage investment firm First Round Capital is raising $135 million for a new fund, First Round Capital IV, L.P. Managing partners Josh Kopelman, Chris Fralic, Robert Hayes and Howard Morgan are...

Video Conferencing Platform Blue Jeans Lands Major Reseller Deal With InterCall

blue-jeans-networkBlue Jeans Network, an enterprise video conferencing solution to integrate across many platforms, is announcing a major reseller partnership with Intercall, one of the largest audio conferencing and collaboration services vendors. Dubbed “any(ware) video conferencing,“ Blue Jeans Network bridges together conferencing technology...

Recently Departed Magento CTO And Co-Founder: eBay Doesn’t Understand The Meaning Of Open

MagentoLast year,eBay acquired Magento, developer of an open-source e-commerce platform for around $180 million. Magento became part of X.commerce, a combined open platform business from eBay and PayPal. A year after the acquisition was announced, Magento co-founder and...