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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.

Improve Employee Morale and Save Money by Going Green

Entrepreneur--“Going green” is by no means a modern movement, but technology has certainly modernized our approach to sustainability.

Here’s the ‘Right’ Way for Every CEO to Fail

Fortune--Building a business is challenging, and mistakes are inevitable. Sometimes those mistakes are catastrophic, and your entire business model gets scrapped.

Workday Buys Big Data Specialist Platfora to Strengthen Cloud Financial Apps

Fortune--Cloud HR software pioneer Workday, which has been aggressively pitching its financial management applications, is buying big data analysis startup Platfora to lend more credibility to that message.

Number26 is now a true bank as it now has a full banking license

TechCrunch--Berlin-based startup Number26 is trying to reinvent the bank. This might sound crazy, and that’s why the startup has processed step by step.

Press Release: Club-Management Software Company Clubessential Receives Significant Growth Investment From Battery Ventures

MarketWired--Battery Ventures, a global investment firm, has made a significant growth-equity investment in Clubessential LLC, a fast-growing provider of Web-based software for golf, city, yacht and other private clubs.

Social Startup Sprinklr Is Now Valued At $1.8 Billion After $105 Million Raise

Forbes--Managing the social media of the world’s biggest brands is a valuable business. Sprinklr announced on Wednesday that it has raised an additional $105 million from Singapore investment firm Temasek and global investor Wellington, valuing the company at $1.8 billion.

Israeli cyber security startup GuardiCore raises $20 million Series B

GeekTime--Tel Aviv-based GuardiCore announced today the close of their Series B funding round, bringing in $20 million in new financing.

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.

Teen sisters from Redwood City win international mobile app competition

The Mercury News--Beating out hundreds of teams from around the world, two teenage girls from Redwood City have won $10,000 in seed funding to develop their mobile app.

Sisense-Amazon Echo integration lets you ask Alexa questions about your business data

TechCrunch--Sisense, a company which helps customers link multiple data sources and summarize them in a single dashboard view, has been working on ways to understand the data outside of the context of a computer.

Meet The Technology That Could Be A Surprising Savior In Securing The ‘Internet Of Things’

Forbes--Is that smart light bulb spying on you? Connecting household objects to the Web – the “Internet of Things”, or IoT for short – holds amazing promise and is spawning new applications all the time. In the world of IoT, light bulbs turn on automatically while you’re at home and turn off when you leave.

Falls Church start-up bags $10 million from Battery Ventures

The Washington Post--A Fall Church company that specializes in split-second notification of software problems has raised $10 million in financing led by Massachusetts-based venture capital firm Battery Ventures.

Narvar raises $22 million to help internet retailers deliver physical goods without frustrating customers

TechCrunch--Battery Ventures led a $22 million, Series B investment in Narvar Inc., a company helping internet retailers keep their customers happy post-purchase, meaning until their packages are delivered, and if need be, successfully returned for an exchange or refund.

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.

Northwestern Engineering Undergraduates Celebrate 158th Commencement

Northwestern University--Northwestern University’s McCormick School of Engineering celebrated the graduation of its undergraduate Class of 2016 on June 17 and 18 as part of the University’s 158th Commencement.

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.

Microsoft Has Mixed Record of Success on Big Acquisitions

The Wall Street Journal--Microsoft Corp. has purchased more than 150 companies. But those acquisitions have been largely overshadowed by deals that didn’t get done—and those that management may have wished didn’t.

Why private equity is buying up software companies

CNBC--While venture capitalists are waiting for the tech IPO window to crack open, buyout shops are having a field day taking public software companies private.

Announcing More Big Names for Fortune Brainstorm Tech 2016

Fortune--We are just one month away from Fortune Brainstorm Tech, our annual gathering of senior tech executives, investors and thinkers at the Aspen Institute campus in Colorado on July 11-13.

Analytics startup Amplitude raises $15M

TechCrunch--Amplitude announced this morning that it has raised $15 million in Series B funding.

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.

Email security startup Agari raises $22 million to help enterprises fight phishing attacks

ZDNet--Email security company Agari has raised $22 million in Series D funding. The San Mateo, Calif.-based startup, which specializes in preventing "malvertising" campaigns and targeted phishing attacks, has raised $44.7 million in total.

Pendo and Gainsight Partner to Grow Product and Customer Success

PRWeb--Pendo and Gainsight announced today a new strategic partnership to deliver an integrated Product and Customer Success solution.

The Best Big Data And Business Analytics Companies To Work For In 2016

Forbes--Paxata, Qubole, Gainsight, InsightSquared, Trifacta, Kyvos Insights, SiSense, ThoughtSpot, Google, and Looker are the ten most recommended big data and business analytics companies by employees to friends today.

Appboy Lands $20 Million, Looks To Knock Marketing Clouds Off Their Perch

AdExchanger--Mobile marketing automation platform Appboy is on a quest to steal some market share from the CRM incumbents with $20 million in Series C financing led by Battery Ventures.