Has Ayasdi turned machine learning into a magic bullet?

By combining machine learning with stunning visualizations, Ayasdi thinks it has created a product that could revolutionize data analysis. Its software is the latest product that tries to make humans better at their jobs by taking away the guesswork of spotting correlations.

Okta gets $25M more to take on cloud identity management

The enterprise IT market is undergoing a radical shift thanks to cloud computing. On-demand computing has added agility but also increased complexity, and Okta, a startup that helps track who can access what corporate assets, has raised $25 million to bring identity management into the future.

Ride sharing startup Zimride raises $6M

Ride sharing startup Zimride has raised its first substantial round of funding. On Wednesday the company, which allows people to arrange shared car rides together via the web and mobile apps, said it has raised $6 million in a Series A round led by Mayfield Fund.