KeyMe locks down $15M to unlock the future of key duplication
TechCrunch--The last time you had a key cut, you probably experienced a retro service, which included speaking to a real human (ugh!). KeyMe puts the kibosh on the old-fashioned key copying user experience with a series of new kiosks and just landed a $15 million Series C round to fund aggressive expansion.
More Philanthropists Should Think Like Venture Capitalists
Forbes--In the private sector, no one thinks that great investments are easy to find. A 2010 study found that the median private equity or venture capital fund requires more than three investment team members reviewing 80 companies for a year to close a single transaction.
Talend IPO tests market’s appetite for Bay Area tech
The San Francisco Chronicle--For the Bay Area’s technology sector, initial public offerings are more than a financial event. They’re a rite of passage for young companies, a vote of confidence in the bets placed by Sand Hill Road’s venture capitalists, and a payday for employees and investors that feeds the economy.
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.