Circle, which is vying with Coinbase to be a major early player in the bitcoin space, announced a major funding round and new investors on Wednesday. It now has a product but is not revealing details.
Orthopedics and agriculture — the hot new fields in big data may be less glamorous than two years ago, but that’s where venture capitalists are looking.
Etsy is one of the quiet successes of the modern Internet. A artisan’s haven (and heaven), it is a global market place that is unique in its mission. It is time to meet Chad Dickerson, its unassuming leader, whose outlook on business is simply human.
Outgoing Bitly Chief Scientist Hilary Mason will be taking up some her time for the next year as a data scientist in residence at Accel Partners. Mason is a big name in data science circles and has been a big data adviser to Accel since 2011.
Accel has launched its Big Data Fund 2, a followup on the equally large fund the venture capital firm started in November 2011. Rather than seeking products that target data scientists, it wants those targeting business users.
Accel Partners will be adding a new partner to the firm, bringing former Groupon President and COO Rob Solomon into the firm that was an early investor in Facebook and other web companies.
Some of the largest companies in the world use Tenable Network Security’s vulnerability-management software, and now the company has a $50 million investment from Accel Partners. Between its voluminous vulnerability database and its ability to track mobile devices, Tenable thinks it’s poised to grow even more.
Venture capital firm Accel Partners is following up on its $100 million Big Data Fund with two new members to help it thrive. New principal Jake Flomenberg comes from Splunk (and Cloudera before that), while new EIR Nick Mehta was previously CEO of LiveOffice.
Investors may not be so keen to put money into solar manufacturing these days, but they are pumping quite a bit of money into the solar retail sector. Sunrun is benefitting from this investor sentiment and announced Wednesday that it’s raised a $60 million in equity.
The team behind London-based photo app developer Lightbox are joining Facebook. But it’s a long way from Instagram’s billion-dollar deal: in fact, while the company’s employees are rejoicing, users and investors appear to have been left out in the cold.