Foundation Capital, now 24 years old, just closed its ninth fund with $350 million in capital commitments – gpgmail

Not all venture firms are long for this world. Though they tend to shut down exceedingly quietly, it sometimes happens when the returns just aren’t compelling or a firm grows too fast or there’s infighting or there’s not a solid succession plan. Foundation Capital, founded in 1995, had its own kind of reckoning in the […]

HackerOne just closed a new round of funding that brings its total funding to $110 million – gpgmail

HackerOne, the seven-year-old, San Francisco-based company that mediates between hackers and companies interested in testing their online vulnerabilities, has raised $36.4 million in Series D funding that brings the company’s total funding to date to  $110 million. The deal was led by Valor Equity Partners, which was joined by the company’s earlier investors, including Benchmark, […]

Minecraft Earth closed beta goes live on Android in five cities – gpgmail

When the beta for Minecraft Earth (think the building concepts of Minecraft mashed up with the real world wandering/augmented reality/collecting concepts of Pokémon GO) first went live back in July, it did so with a catch or two: it only worked on iOS, and only players in Seattle or London were actually able to play. […]

Lux Capital just closed on a whopping $1 billion in capital, doubling the amount of money it manages – gpgmail

When founders think about the venture firms most likely to invest in space or robotics or other bleeding edge technologies, a handful of firms tend to jump immediately to mind. One of these is Lux Capital, a venture capital firm that has offices in New York and Menlo Park, Ca., and whose bets include Zoox, […]

With the acquisition closed, IBM goes all in on Red Hat – gpgmail

IBM’s massive $34 billion acquisition of Red Hat closed a few weeks ago and today, the two companies are now announcing the first fruits of this process. For the most part, today’s announcement further IBM’s ambitions to bring its products to any public and private cloud. That was very much the reason why IBM acquired […]