Fundings & Exits

Verizon buys Yahoo for $4.83 billion

yahoo-verizon After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.8 billion, which includes Yahoo’s advertising, content, search and mobile activities. Read More
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Impinj soars 28% in internet-of-things IPO

The sensors are cute so they dance It has been a very slow year for tech IPOs, but Seattle-based Impinj decided to brave the public markets and list on the Nasdaq today. The company priced at the top of the range at $14 and then saw its shares rise about 28% on its first day of trading. A leader in developing radio frequency technology, or RFID chips, Impinj has found unique partnerships with Coca-Cola, Macy’s… Read More
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A seed grows in Boston

Indigo Grow Room 3 Across 1,000 acres of cotton plants in Arkansas, Tyler McClendon is running an experiment. The seeds are the same, as are his company Oxbow Agriculture’s methods of growing them. But just ahead of planting the cotton seeds in April, Oxbow dusted them with a special microbe not usually found on its cotton plants. Their presence is expected to increase McClendon’s cotton yield by… Read More
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Redis Labs raises $14M for its in-memory NoSQL database services

data server Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures and Carmel Ventures. The company’s existing investors, including Silicon Valley Bank and Tamar Ventures managing partner Zohar Gilon, also participated in this round. With this round, which follows the company’s… Read More
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