Satellite imagery and Hadoop mean $70M for Skybox

Skybox Imaging, a startup that wants to capture and analyze high-resolution photos and videos of the Earth, has raised $70 million in Series C funding. The money will help Skybox its lineup of software engineers and data scientists that might be its secret sauce.

Tech entrepreneurs bemoan academia-industry barrier

Several of the young entrepreneurs at this week’s MIT Emtech 2011 conference were executives from established companies but many more were academic researchers who said the divide between “pure research” and commercialization is bigger than ever as the lengthy recession persists.