Battery adds Schireson as EIR
PE HUB--Battery Ventures announced today that it has hired Max Schireson, the former CEO of open-source database company MongoDB, as an executive-in-residence.
The SaaS Success Database
TechCrunch--What does it take to build a billion-dollar SaaS enterprise-software company? We gave a 30,000-foot answer to this complex — and fascinating — question in a recent TechCrunch post, The SaaS Adventure.
How big data is transforming real estate
CNBC--Assessing a storm's damage to a house; responding to a prospective buyer's concerns about a property; designing offices that suit the needs of its tenants—all are key tasks of the real estate business that are rapidly being made faster and less expensive as the industry adopts lessons from technology, lessons that have already dramatically changed industries such as finance and health care.
Israel’s Nice Systems sells video surveillance unit for $100 mln
Reuters--Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.
‘Container’ Software Is at Center of DockerCon
The Wall Street Journal--The hottest technology in Silicon Valley isn’t from Uber Technologies Inc. or Instagram. It is from a startup called Docker Inc. that is charming the coders behind the world’s websites and apps.
Tech Investors Need to Pick Their Spots Amid Rising Valuations
The Wall Street Journal-- As technology deal valuations continue to rise, private equity investors must pick their targets carefully and seek to be useful agents of change for the businesses they back to avoid shocks when the market turns.
Battery’s Roger Lee Talks HP Split on CNBC
CNBC Squawk Alley--Shares of Hewlett-Packard topped analyst estimates, saying it expects lower expenses after the split. Roger Lee, Battery Ventures partner, thinks a split makes sense for the company's operations.
Meet the 2015 CNBC Disruptor 50 companies
CNBC--In the third annual Disruptor 50 list, CNBC features private companies in 16 industries—from aerospace to financial services to cybersecurity to retail—whose innovations are revolutionizing the business landscape. These forward-thinking upstarts have identified unexploited niches in the marketplace that have the potential to become billion-dollar businesses, and they rushed to fill them.
How Amazon Swooped in to Own Cloud Services
Bloomberg--In 2004, Sun Microsystems revealed a radical plan to shake up the computing industry. It would build a series of large data centers and sell access to the computers inside them for $1 per hour.