Duncan Riley
Latest from Duncan Riley
Famed digital watch maker Casio Computer Co. is set enter the smartwatch market, taking the good fight to the likes of Apple, Inc., and a range of Android-powered devices. According to The Wall Street Journal, Casio is betting that its expertise as …
Cybersecurity firm Venafi raises $39m Series C in round that included Intel
Cybersecurity firm Venafi, Inc. has raised $39 million Series C in a round led by QuestMark Partners that include new investors Intel Capital and Silver Lake Waterman, along with a number of unspecified existing investors. Founded in 2000, Venafi describes itself as …
Vivendi acquires YouTube competitor Dailymotion for $242m
French multinational mass media company Vivendi SA has acquired French video site Dailymotion for $242 million. The price was less than the $273 million mentioned when details of an offer of acquisition first surfaced in April, but the lower figure is due …
Apple loses appeal in e-book price fixing case, $450m fine stands
Apple’s attempt to overturn an anti-trust finding that it colluded to fix the price of e-books failed Tuesday with the Federal Appeals Court upholding the original 2013 decision. The appeals court, in what was reported to be a 2-1 decision, found “that …
Cisco snaps up SaaS cloud-based security firm OpenDNS for a cool $635m
Cisco Systems, Inc. has acquired software-as-a-service (SaaS) cloud-based security firm OpenDNS, Inc. for $635 million in a cash and assumed equity deal. Found in 2005, OpenDNS offers cloud security by extending the Domain Name System (DNS) by adding features that protect customers …
Satellite powered data company Spire raises $40m Series B
Satellite powered data company Spire Global, Inc. has raised $40 million Series B in a round led by Promus Ventures that included existing investors RRE Ventures and Lemnos Labs, along with new investors Bessemer Venture Partners and Jump Capital. Founded in 2012, …
Bitcoin equity crowdfunding site BnkToTheFuture passes the $10m funds raised mark
Bitcoin and Blockchain equity crowdfunding site Bnk To The Future Ltd. (BnkToTheFuture) has passed the $10 million mark in funds raised as the site continues to attract both investors, and companies looking to raise funds. Based in London, BnkToTheFuture offers an equity …
Ghost of Ballmer purged: AOL takes over Microsoft’s display advertising business
Microsoft’s Ballmer era effort to take on Google in display advertising came to an abrupt end Monday with the company handing over the entire business, employees and all, to AOL, Inc. The deal will see AOL take over responsibility for sales of …
Australian real estate agent comparison site OpenAgent raises $4.6m Series A
Australian real estate agent comparison site OpenAgent Pty. Ltd. has raised AU$6 million ($4.6 million) Series A in a round led by Hollard Investments. Founded in 2012 and often described at a “TripAdvisor of real estate agents,” OpenAgent provides real estate agent …
Chinese taxi hailing app Didi Kuaidi may raise new round to $2b after $1.5b oversubscribed
Chinese taxi hailing app Didi Kuaidi (Xiaoju Kuaizhi Inc.) looks set to increase its current funding round of $1.5 billion with news that it is already oversubscribed. The news of a possible increase in the round came via a letter to investors …