Duncan Riley
Latest from Duncan Riley
Mysterious Bitcoin startup 21 Inc. may be coming to a toaster near you, with a report over the weekend perhaps disclosing clearly for the first time what the company with $121 million in the bank is planning to do. According to a …
Two men accused of hacking Photobucket arrested, facing serious prison time
Two men accused of hacking photo-sharing service Photobucket.com, Inc. were indicted and arrested Friday by the Federau Buerau of Investigation (FBI.) Brandon Bourret, 39, of Colorado Springs, Colorado and Athanasios Andrianakis, 26, of Sunnyvale, California, are accused of knowingly conspiring to commit acts …
Bitcoin exchange itBit raises $25m Series A, gains regulatory approval in New York
Thursday was a big day for New York-based Bitcoin exchange itBit Trust Company LLC with the startup announcing a new round, and regulatory approval to start taking U.S. customers. The company announced that it has raised $25 million Series A in a round …
Insane or inspired? Spotify reported to be entering the online video market
Would you like video with your streaming music? If you’re music streaming giant Spotify AB the answer to that question may well be yes with multiple reports Thursday that the company is in talks to enter the competitive online video market. The Wall …
Pump it real good: Fitbit files for $100 million IPO
Fitness tracking startup Fitbit Inc. is making a bold dash to Wall Street with a filing lodged with the Securities and Exchange Commission (SEC) Thursday to take the company public. The initial public offering (IPO) filing states that the company is chasing …
Cisco acquires cloud comms platform provider Tropo
Cisco Systems Inc. has acquired cloud communications platform provider Tropo Inc. Founded in 2009, Tropo offers a cloud based API platform that makes it simple to add phone and SMS applications into existing website and applications. Although smaller than its main competitor …
Banjo raises $100m Series C to build the see-all crystal ball of social media
Social data company Banjo has raised $100 million Series C in a round led by SoftBank Corp. that included BlueRun Ventures. Founded in 2011 originally as an app that allowed users to view social media posts tagged to a location or a popular …
Atlassian snaps up real-time chat and messaging provider Hall to boost HipChat
SaaS enterprise solutions provider Atlassian Pty. Ltd. has acquired real-time chat and messaging provider Hall Inc. for an undisclosed price. Founded in 2011 originally as Companyline, Hall offers a platform that is said to help teams and companies communicate in real-time. The …
SaaS work management platform provider Wrike raises $15m Series B
Work management and collaboration platform provider Wrike has raised $15 million Series B in a round led by Scale Venture Partners (ScaleVP) that included DCM Ventures and previous investor Bain Capital Ventures. As part of the deal, ScaleVP Partner Rory O’Driscoll has joined …
Golden: Bill Maris of Google Ventures compares Secret founders to bank robbers
When anonymous messaging app Secret shut its doors last week, one aspect of the story that stood out was that the two founders of the startup had cashed out $6 million in shares prior to its closure, with one founder, Secret Chief Executive …