Rackspace Hosting Inc's co-founder meets investors to calm nerves

Rackspace Hosting Inc's Co-Founder Graham Weston flew to San Francisco to meet with investors and reassure them about the state of the company after its CEO announced his abrupt retirement, Bloomberg reported.


Israel-based startup Yevvo Entertainment Inc allows users to bring their live video events to a wide audience

Yevvo, the iPhone app developed by Israeli firm Yevvo Entertainment Inc, gives a platform for selfie stars to share live videos of themselves to a virtual audience, the Venture Capital Dispatch reported.

Billion dollar valuations of newly-public biotech firms entice others to IPO

Biotech companies are in a rush to go public partly due to the sky-high valuations now experienced by many biotech firms that have gone public in the past few years, the Venture Capital Dispatch reported.

Secret rolls out program for hackers to look for and address bugs on mobile app

The secretive startup Secret that enables people to share thoughts with others anonymously has unveiled a program asking hackers to identify vulnerabilities in its mobile app, TechCrunch reported.


Latest News

Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Silk Road 2 moderator Defcon said that hackers have carried away more than 4474.26 bitcoins from the online marketplace after exploiting a transaction malleability bug, TechCrunch reported.
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
Switzerland-based Lemoptix has raised and undisclosed funding amount from Swisscom Ventures, the venture arm of Swiss telco. Lemoptix develops technology that can embed micro-projectors in various devices, TechCrunch reported.
Fuel3D, the UK-based company that raised $300,000 on Kickstarter for its high resolution 3D scanner, has secured $2.6 million for its early stage funding round, TechCrunch reported.
San Francisco-based startup Mode Analytics secured $375,000 in fresh capital from unnamed investors citing a filing submitted to the US Securities and Exchange Commission.
Retail sales fell unexpectedly in January and the number of Americans filing new claims for unemployment benefits rose last week, in the latest signs of slowing economic growth early in the first quarter.
LG Electronics has introduced the G Pro 2, the new version of its large-screen smartphone G Pro, in an attempt to land at Number 3 in global smartphone sales in 2014, Reuters reported.
The Boston College Venture Competition or BCVC hosted the second year of the Startup Career Fair this week with over 30 tech startups taking part of the event, The Heights reported.
Axine Water Technologies, an industrial wastewater treatment solutions provider, has secured $5.6 million for its Series A round from The Roda Group, Chrysalix Energy Venture Capital and BDC Venture Capital, TechVibes reported.