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Tim Draper

SupportPay

SupportPay raises $1.1 million for secure, transparent child care payments

SupportPay has taken in $1.1 million led by Draper Associates and other financiers including Aspect Ventures, Broadway Angels and a personal investment from DJF co-founder Tim Draper.

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Paperless Post

Paperless Post receives USD25 million Series C funding

Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.

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Wellframe

Massachusetts-based Wellframe nabs $1.5M in seed funding to provide patients with a mobile digital nurse

Boston, Massachusetts-based mobile healthcare management platform Wellframe nabbed $1.5 million in a seed funding round from several high net worth individuals to provide patients with an app that will serve as their personal digital nurse.

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Bitcoin

OKCoin raises $10M in Series A round to become China's biggest Bitcoin exchange

OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.

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California

Plan to split California into six states gets approval to collect signatures for voting

Venture capitalist Tim Draper planned to split California into six states and make Silicon Valley a separate state, and the plan has not gained approval to collect signatures for voting.

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US Dollar Notes

Silicon Valley venture capitalists more confident in fourth quarter last year- study

Venture capitalists in Silicon Valley are more upbeat in the future of the high-growth entrepreneurial environment, according to a new study done by Professor Mark Cannice of the University of San Francisco School of Management.

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Bitcoins

South Korean Bitcoin startup raises $400K from Silicon Valley investors

South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.

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Timothy Draper

Venture capitalist Tim Draper proposes to break up California into six states

Tim Draper, the billionaire whose venture capital firm has invested in Skype and Baidu, has proposed to divide California into six mini-states, the Financial Times reported.

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Tim Draper

Venture capitalists weigh costs for commercial drones

Venture capitalists pondered on costs for developing drones for commercial uses.

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Tim Draper

Venture capitalists betting on growth of civilian drones

Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.

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The Tesla Motors showroom is seen in New York June 28, 2010.

Bigger automakers should focus on flying cars: Tesla investor

An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.

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