Silicon Valley

Verint to add Silicon Valley's KANA Software in $514M deal

New York-based analytics software solutions provider Verint Systems plans to acquire Silicon Valley-based customer service solutions developer KANA Software in a deal valued at $514 million.

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Italian startup AdEspresso secures $500K seed funding to optimize Facebook ads for SMBs

Italian spin-off AdEspresso raised $500,000 in seed funding from institutional and angel investors, for its Facebook ad optimization service for small and medium businesses (SMBs).

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Silicon Valley's Cyanogen has closed $23 million in Series B funding from Andreessen Horowitz and Tencent

Palo Alto, California-based Cyanogen has closed $23 million in Series B funding from Andreessen Horowitz and Tencent to expand its workforce and develop its CyanogenMod mobile operating system.

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Google partners to develop $82M San Jose airport

Google Inc. is looking to develop an $82 million corporate aviation facility in San Jose to service its private jets. Google is partnering with private aviation firm Signature Flight Support and private jet company Blue City Holdings for the project.

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Amazon quietly acquires Silicon Valley-based mobile payments startup GoPago for new project

E-commerce giant Amazon may have quietly bought Silicon Valley-based mobile payments startup Gopago for an undisclosed amount for a new "ambitious" project, according to Italian newspapers.

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Bitcoin's unfamiliarity with most of US is speculators' gain - study

Recent study about the unfamiliarity of Bitcoins in most of Americans deduced that unless the virtual currency actually collapses, speculators, especially early investors, could continue reap gains as the virtual currency continuously rises.

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US firm Dell launches $300M venture fund to back enterprise startups

Texas-based tech giant Dell announced a new $300-million venture capital fund that will support enterprise technologies, big data, cloud computing, next generation data center, security, and mobility startups.

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Bitcoin fever spreads to Silicon Valley - FT

According to Financial Times, the Bitcoin fever has caught on to Silicon Valley with digital currency companies getting venture capital financing in their early rounds.

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New York bets USD225 million on green energy

The New York governor announced that the state is investing USD225 million in clean tech startups Soraa and Silevo to build two research and development facilities in Buffalo.

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Silicon Valley venture capital firm Luminari nabs USD8 million funding from British Sky

New Silicon Valley venture capital firm Luminari Capital obtained a USD8 million funding from pay-TV giant British Sky Broadcasting Group. Sky said that it wants to increase is exposure to US tech startups.

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TinyCo lands USD20 million in funding for game development

San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.

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Inventus Capital funds Espresso Logic

Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.

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Twitter's IPO is an indicator for future startups

Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO.

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rollApp completes Series A funding

rollApp completes its Series A funding amounting to US$1 million.

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Venture firm Kleiner moves to dismiss discrimination suit

Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.

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