HP, unable to catch a break, is dropped from Dow Jones Industrial Average
Hewlett-Packard, Bank of America and Alcoa are out. Visa, Nike and Goldman Sachs are in, says the DJIA.
Goldman Sachs ponies up $40M to fund SugarCRM
New investment from Goldman Sachs doubles funding for SugarCRM; Maybe someone should tell investors that open-source software is free.
The spigot of money starting to open up for installing solar panels
As a boom of solar panels continues to be installed on buildings throughout the U.S., companies, groups and even every day people can make money off of funding this clean energy transition.
Microsoft takes hits after bad PC numbers
With Q1 PC sales breaking records — and not in a good way — Microsoft is taking heat with two analysts downgrading its shares.
Infusionsoft rakes in $54M to automate marketing for small businesses
Marketing automation SaaS vendors remain hot properties. Oracle bought Eloqua for $871 million, Hubspot nabbed a $35 million mezzanine round, and now Infusionsoft has $54M in fresh cash from Goldman Sachs and others to attack the small business audience.
BrightSource actually raising $130M for solar thermal
Solar thermal company BrightSource is actually looking to raise $130 million, which is another $50 million over the amount it announced last month. The company makes solar thermal power plants which use mirrors and a boiler to produce electricity.
Scoop: Big Switch nails $25M for software defined networking push
The SDN startup’s Series B round comes courtesy of new investors Redpoint Ventures and Goldman Sachs. The money will be used to staff up an already tech-heavy engineering staff as the company readies its SDN controllers and applications for the market.
Zendesk refreshes and rakes in $60m for European push
The cloud-based customer service suite now has a simplified and more unified UI, and has also pulled in major funding from big names such as Index and Goldman Sachs.
Nutanix raises $33M for a new type of scale out storage
Investors continue throwing money at infrastructure companies, especially if they have a product that helps accomodate and mitigate the complexities of virtualization and scaled out computing infrastructures. Nutanix aims to solve problems in both areas, and investors are rewarding it with $33 million.