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    Monday, January 28, 2013
    Twitter Buys Crashlytics
    Mountain View-based Twitter has acquired Crashlytics, a developer of mobile application testing tools. Financial terms of the buy were not disclosed. According to Crashlytics it will use the merger with Twitter to "take our platform to an entirely new level". Crashlytics was based in Cambridge, Mass.

    posted on Monday, January 28, 2013(Full story)


    Seagate Invests $40M in Virident
    Cupertino-based Seagate has invested $40M in Virident Systems, the developer of flash-based, solid state storage products. The investment came as part of a strategic agreement, where Seagate will also offer up a line of line of flash-based PCIe solutions to its OEM and distribution partners designed by Virident. As part of the investment More)(Full story)


    NextBus Acquired By Cubic Transportation Systems
    Emeryville-based NextBus, which develops real-time, passenger information systems used by transit agencies, was acquired last week by Cubic Transportation Systems. Cubic said it paid CAD$20.75M to purchase NextBus from Webtech Wireless, Inc. NextBus develops real-time transit information via both signage, smartphone applications, and more to help passengers figure out where their rides are. NextBus supplies its sy (More info...)

    posted on Monday, January 28, 2013(
    Full story)


    ChaCha Snags $14M
    ChaCha, the human-powered, real-time question and answer site which is based in Carmel, Indiana, but also has offices in San Francisco, has raised $14M in a round of funding, the firm said today. ChaCha said the new round was led by VantagePoint Capital Partners, Rho Ventures and Qualcomm, and will go towards "significant" investment in new products, including mobile and online. The firm said it now is seeing more than 45 million monthly unique visitors (More info...)

    posted on Monday, January 28, 2013 (More)(Full story)


    Bessemer Venture Partners Bolsters Team
    Venture capital firm Bessemer Venture Partners said last week that it has named a number of new partners. According to Bessemer, it has promoted Kent Bennett, Brian Feinstein, Ethan Kurzweil and Trevor Oelschig to partner, has hired Alex Ferrara as partner, and moved Jeff Epstein to operating partner. Bennett has been at BVP since 2008, and is focused on big data, data-infrastructure and communications; Feinstein focuses on Internet, software and financia (More info...)

    posted on Monday, January 28, 2013(Full story)


    Linden Lab Acquires Blocksworld
    San Francisco-based Lindenlab, the developer of virtual worlds such as Second Life, has acquired a developer of the iPad game Blocksworld. Financial details of the buy were not disclosed. Blocksworld's iPad game allows players to create their own, 3D models using cubes, rockets, wheels, motors, and other objects, and allows those objects to interact in a realistic physics simulation environment.

    posted on Monday, January 28, 2013(Full story)


    Zoom Gets Funding For Cloud Video Conferencing
    Santa Clara-based Zoom Video Communications said this morning that it has raised a Series A financing round, and launched its cloud-based HD video meeting and mobile screen sharing service. The firm said the Series A funding came from Qualcomm Ventures, along with angels Jerry Yang, Subrah Iyar, Dan Scheinman, Bill Tai and others. Size of the funding round was not disclosed. Zoom said its service allows for HD video meetings and mobile screen sharing for up to (More info...)

    posted on Monday, January 28, 2013 (More)(Full story)


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