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 Thursday, June 21, 2012 UniversityNow Takes $17M To Overhaul College Education San Francisco-based UniversityNow has just raised $17M in a Series B investment, to help its efforts to overhaul the college education and degree system. The startup, led by Gene Wade, is trying to launch a web-based, affordable, charter university. The round was led by University Ventures Fund and Bertelsmann AG, along with Kapor Capital, Novak Biddle Venture Partners and Greylock Partners. UniversityNow runs New Charter University, which offers (More info...) posted on Thursday, June 21, 2012 (More)(Full story) CloudOn Raises $16M For Mobile Office Software Palo Alto-based CloudOn said today that it has raised $16M in a Series B funding round. The round was led by Social+Capital Partnership, and also included Translink Capital, Foundation Capital, and Remembrandt Venture Partners. CloudOn develops software which allows mobile, iPad tablet users access their Microsoft Office and other enterprise documents in the cloud. posted on Thursday, June 21, 2012 (More)(Full story) Swipp Lands $3.5M Palo Alto-based Swipp, a stealth mode firm which says it wants to challenge the "social media status quo", said it has raised $3.5M in an institutional round. Funding came from Old Willow Partners. The firm, headed by Don Thorson, says it is developing a platform at the "intersection of social media, personal data, and commerce". Rich Heise of Old Willow joins the company's board as part of the funding. posted on Thursday, June 21, 2012 (More)(Full story) Larry Ellison's Latest Acquisition: The Hawaiian Island of Lanai What's Larry Ellison's latest acquisition? Apparently, the entire island of Lanai, Hawaii. Ellison, the founder of Oracle, is buying 98 percent of Lanai for a rumored $500M to $600M, from billionaire David Murdock. The deal includes The Four Seasons Resorts Lanai at Manele Bay and the Four Seasons Resort Lanai, Lodge at Koele, and more than 88,000 acres of land. Photo courtesy BigStock.com. posted on Thursday, June 21, 2012(Full story)
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