New diversity report highlights progress in VC industry
The Mercury News--While women and minority venture capitalists are still few and far between, the industry is making some progress -- particularly by admitting that diversity is an issue -- according to the National Venture Capital Association's first report on the subject.
Silicon Valley Security Exec Named in WikiLeaks Post on DNC Hack
NBC--The hacking of Democratic National Committee emails, which were then sent out to the world via WikiLeaks, is embarrassing for the party - and potentially dangerous, according to one Silicon Valley data security expert who was actually named in the Wikileaks post.
Why ‘innovation tourism’ is killing big companies
VentureBeat--Big companies can too easily become victims of what I call “innovation tourism”: They partner with startups and VCs in an effort to innovate, but they wind up merely sampling new technologies and practices and failing to drive innovation and change throughout their organizations.
Dataloop raises $5M to make IT monitoring less of a pain
SiliconANGLE--Infrastructure monitoring tools have grown immensely sophisticated over recent years, but they can still be difficult to deploy and manage on a large scale. The issue is driving organizations towards providers with a more user-friendly approach like Dataloop Software Inc., which raised $5 million today from Battery Ventures and Finald’s Open Ocean to fuel its momentum.
In LinkedIn Deal, Big Guns Join the Hunt for SaaS
VentureWire--There’s nothing like a multibillion-dollar liquidity event to inspire investors. Even before Monday’s news that Microsoft Corp. would pay $26.2 billion to buy LinkedIn Corp., the merger-and-acquisition climate surrounding cloud-related business software had been heating up lately.
All eyes on Twilio IPO
The Mercury News--Cloud communications company Twilio is poised to end Silicon Valley's tech IPO drought next week with a $130 million market debut.
Questions you need to ask your VC
TechCrunch--Most entrepreneurs focus on the hard economics of the deal when they negotiate with investors: percentage ownership, valuation, preferences and other terms.
Replacing Guards and Gates with Biometrics and Big Data
Newsweek--On the morning of August 10, 1999, Buford Oneal Furrow Jr. walked into the North Valley Jewish Community Center in Granada Hills, a suburb of Los Angeles, and opened fire with a semi-automatic weapon.
Wayfair takes augmented reality, Project Tango to the enterprise
Computerworld--Virtual and augmented realities aren't just for gaming. Wayfair Inc., a Boston-based, 14-year-old e-commerce company that sells home furnishings, is working on an app based on Google's Project Tango technology that would put augmented reality, and one day virtual reality, squarely in the enterprise.