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Oracle, Cisco step up cloud battle

As the cloud wars heat up, legacy companies Oracle and Cisco are challenging startups that have been steadily luring companies away from clunky old software and onto cloud programs. The announcement this week of new cloud platforms and investments from these Read More →

Quoted: Marc Andreessen predicts big-spender startups will go poof

"New founders in last 10 years have ONLY been in environment where money is always easy to raise at higher valuations. THAT WILL NOT LAST. When the market turns, and it will turn, we will find out who has been Read More →

Online survey company Qualtrics nabs $1 billion valuation

Qualtrics is the latest software company to join the $1 billion club with a mega investment from Silicon Valley venture firms Sequoia Capital and Accel Partners. The online-survey creator on Wednesday announced a $150 million funding round from the two powerhouse venture Read More →

Alibaba becomes world’s largest IPO, but stock dives

It's official: Alibaba is the world's largest IPO. The title was pretty much in the bag on Friday, when the Chinese Internet juggernaut raised $21.8 billion in a blockbuster public debut, Read More →

UC proposes $250 million venture fund for faculty- and student-led startups

The University of California has announced plans for a venture-capital fund to finance startups created on campuses, offering financial resources to the university-housed enterprise projects that VC firms often steer clear of. UC announced on Monday plans for a $250 million venture-capital Read More →

Square raises $100 million for $6 billion valuation

San Francisco payments company Square has raised $100 million from investors, and may be on track to double that. The company, founded and led by CEO Jack Dorsey, who also helped create Twitter, issued 6.4 million new Series E shares at Read More →
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