PeakSpan Capital, a four-year-old, Burlingame, Ca.-based venture firm, has closed its second fund with $ 265 million in capital commitments, according to a new SEC filing that shows that 68 investors were involved in the fundraise. That’s a meaningful jump in size from the firm’s...
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January 10, 2019 albert
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Starwood’s data breach just got both better and worse at the same time. Marriott, the parent company of hotel chain giant Starwood, said it has revised down the number of customers affected by its recently disclosed data breach from 500 million to “fewer than 383 million...
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January 4, 2019 albert
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Congress wants to spend $ 95 million to study how gadgets and social media affects children. The proposal for the Children and Media Research Advancement Act, or CAMRA Act, was introduced Thursday in the U.S. Senate. A bipartisan group is behind the bill, so it...
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July 28, 2018 albert
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As online retailers continue to seek out ways to bridge the digital divide between themselves and their customers, Happy Returns, which provides physical locations for online shoppers to return and refund unwanted purchases, has raised $ 8 million to help. The Santa Monica, Calif.-based company, raised its...
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December 20, 2017 albert
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With $ 65 million in new funding, DARPA seeks to develop neural implants that make it possible for the human brain to speak directly to computer interfaces. As part of its Neural Engineering System Design (NESD) program, the agency will fund five academic research groups...
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July 11, 2017 albert
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Trucker Path, a three-year-old, Mountain View-based platform that helps connect drivers, brokers, shippers, and carriers, has just lined up $ 30 million in debt funding so it can start loaning some of those truckers money right after they deliver their freight. It’s seemingly a win-win....
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June 14, 2017 albert
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Floodgate, a Palo Alto, Ca.-based early stage venture capital firm, has raised $ 131 million for its sixth fund, according to an SEC filing that shows the 11-year-old firm turned to just eight investors for the capital commitments. Though small by today’s fundraising standards, the fund reflects...
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March 2, 2017 albert
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Desktop Metal has raised $ 45 million in a Series C round of venture funding to develop desktop 3-D printers that make metal objects. The company aims to bring metal making capabilities to smaller businesses and designers who couldn’t afford, or find the space, for previously available...
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February 6, 2017 albert
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German hotel booking site Trivago updated its plans for a U.S. IPO in a filing that came out on Monday. The company expects to price its shares between $ 13 to $ 15, a $ 428 million offering at the top end of the range....
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December 6, 2016 albert
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Today, The Dallas Business Journal is reporting that ModoPayments completed a $ 2 Million funding round by a group of individual angels that includes Tim Keith, John Beletic, and Jay Kassing among others. We first reported on ModoPayments way back in 2011 but a lot...
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February 18, 2016 albert
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