Ashraf Hebela

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Google's Nest Labs acquires Dropcam for $555M

Home automation company Nest Labs will acquire the video-monitoring startup Dropcam, which makes Web-connected home security cameras, in a deal worth $555 million in cash. The deal, signed Friday, has yet to close.<p>Nest will fold the company into its existing line of smart-home products, which …

GoPro's $100 million IPO pins big hopes on small cameras

A jury-rigged camera for surfing has led to an unlikely empire<p>Some of the most successful businesses in history were born from early failures. With Apple, it was Steve Jobs being fired and coming back years later to lead the company to fortune. For Microsoft co-founders Bill Gates and Paul Allen, …

Uber vs. Lyft: The $500 Million Battle to Decide How You Ride

The pink mustache on the front of the car is the giveaway. Lyft isn't like a regular taxi company. In fact, Lyft will tell you it's not a taxi …

It’s Official: Disney Acquires Maker Studios For At Least $500M

Media conglomerate Disney has taken a big step to embracing the new digital world of video, announcing the acquisition of YouTube network Maker Studios for $500 million, along with a potential $450 million in performance-based earn outs. The acquisition, which was first reported by Re/Code, …

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FORTUNE — Actifio, a Boston-area provider of copy data virtualization solutions, this morning announced that it had raised $100 million in new venture capital funding at a pre-money valuation of $1 billion. Tiger Global Management led the round, and was joined by return backers North Bridge Venture …

Airbnb reportedly set to raise up to $500M at $10B valuation

Forget the $1 billion “unicorns” out there — the last year has been all about the rise of the $10 billion companies — both Dropbox and Chinese mobile …

WhatsApp Rival WeChat Passes 355M Monthly Active Users

With 450 million active users each month and 1 million new sign-ups per day, WhatsApp is indeed the world’s most popular messaging app.<p>However, figures revealed today show that WeChat is catching up. WeChat’s parent company, Tencent, released its earnings report today revealing that the combined …

Business Wi-Fi provider Aerohive Networks hopes to raise up to $95 million in IPO - Silicon Valley Business Journal

By Cromwell Schubarth <br>– TechFlash Editor, Silicon Valley Business Journal<p>Mar 17, 2014, 7:02am PDT<b><br>Updated</b> Mar 17, 2014, 7:40am PDT<p>Aerohive Networks …

Cloudera Raises $160 Million From T. Rowe Price, Google Ventures, MSD Capital and Several Other Top-Tier Institutional Investors

PALO ALTO, CA--(Marketwired - Mar 18, 2014) - Cloudera, a leader in enterprise analytic data management powered by Apache Hadoop™, today announced …

Predicting The Next IPO Wave: The Era Of The Enterprise

<b>Editor’s note:</b> <i>Mamoon Hamid is a General Partner at The Social+Capital Partnership. Prior to starting Social+Capital, Mamoon was a Partner at U.S. Venture Partners (USVP).</i><p>Over the last three years, we’ve seen an increasing number of tech IPOs – many from consumer-facing companies that we’ve long …

The Rising: Amazed by Innovation in the Middle East

Posted by<p>on<p>Published in August 2013, Christopher M. Schroeder’s book Startup Rising is an excellent analysis of how people and countries in the …

SWIB, WARF Narrow Search for Investment Manager at 4490 Ventures

By the time the champagne begins to flow on New Year’s Eve, tech entrepreneurs in Wisconsin may know who they should pitch if they want an investment …

PayPal warms up to crowdfunding with revised policies

PayPal and the crowdfunding community have had a rocky relationship — but the eBay-owned payments company has rebuilt that bridge with revamped crowdfunding policies, multiple PayPal executives told VentureBeat today.<p>Like most relationship fixes, the secret sauce proved to be better communication. …

In ‘Feeding Frenzy’ Round, MuleSoft Raises $50M at $800M Valuation to Make Apps Communicate

MuleSoft Inc., whose software enables applications from different vendors to communicate and exchange data, raised $50 million at a valuation of nearly $800 million as investors elbowed each other for position in a highly competitive round.<p>Generally, funding rounds are led by one firm, which takes …

WSJ Pro - Central Banking

Top News & Alerts<p>By Nick Timiraos<p>Updated May 23, 2018 06:08 am ET|WSJ Pro<p>What is the neutral setting for the federal-funds rate in today’s …

Eventbrite Raises Around $50M At A Valuation North Of $1B, Fortune Reports [Update: Confirmed At $60M]

<b>Update:</b> Eventbrite has confirmed to TechCrunch that the amount raised was $60 million, not $50 million as originally reported.<p>Event ticketing startup Eventbrite has raised a new round of funding at around $50 million, Fortune’s Dan Primack reports, which values the company at over $1 billion and …

Online education site Renaissance Learning sells for $1.1B, a month after Google Capital invests

Here’s yet another big move for online education.<p>Renaissance Learning, an online learning analytics and assessment company, announced today that it has sold for $1.1 billion to private equity firm Hellman & Friedman, Re/code reports.<p>The company made headlines last month when Google Capital invested …

IPO-Minded Gaming Co. Kabam Buys Phoenix Age; Largest Buy Yet

Free-to-play gaming company Kabam Inc. has acquired profitable Phoenix Age Inc. in a bid to diversify its game portfolio as it inches closer to an IPO.<p>Kabam generated $360 million in 2013 revenue from players worldwide purchasing virtual goods across multiple platforms, but the San Francisco-based …

Kabam Prepares for M&A Spree, Hires Gaming Vet Chris Petrovic to Head Effort

By<p>Lizette Chapman<p>Lizette Chapman<p>The Wall Street Journal<p>Biography<p>The day after announcing its largest acquisition to date, free-to-play gaming company Kabam Inc. says it’s just getting started.<p>The San Francisco-based company has hired Chris Petrovic as head of corporate development to finalize a …

Rdio ditches music recommendation service after Spotify acquisition

Rdio plans to stop using The Echo Nest music recommendation service after Spotify, a fierce music-streaming competitor, acquired the company last week. Speaking to CNBC, Rdio CEO Anthony Bay says the company has other sources of data and partners that can help fill the gap for its music …

Banking without banks

SAVERS have never had a worse deal but for most borrowers, credit is scarce and costly. That seeming paradox attracts new businesses free of the bad …

Flipboard Acquires Zite

Inside Flipboard / March 5, 2014<p>Today we’re thrilled to welcome the Zite team to Flipboard and to announce our partnership with CNN. As a news-loving …

Shh. Secret Raises $10M At A $50M Valuation

The buzzy new app Secret — which lets people post messages to their circles of contacts without attribution — has closed a $10 million round of funding at a $50 million post-money valuation, TechCrunch has learned from two sources close to the situation. The funding was led by Google Ventures, with …

CloudBees Raises $11.2M Series C Led By Verizon Ventures To Expand Its Java-Centric Enterprise PaaS

CloudBees, a Java-centric Enterprise platform as a service we’ve covered a few times in the past, today announced that it has raised an $11.2 million Series C funding round led by Verizon Ventures. Existing investors Matrix Partners and Lightspeed Ventures also participated in this round, as well …