Cloud-based CAD startup Onshape, Inc. has raised $80 million Series D in a round led by Andreessen Horowitz that included existing investors New Enterprise Associates (NEA), Commonwealth Capital Ventures and North Bridge Venture Partners. Founded in 2012, Onshape claims to be the first and only full-cloud 3D CAD system that delivers design team collaboration using ...

Enterprise storage makers Pure Storage, Inc. is looking to sell 25 million shares at a range of $16 to $18 when its initial public offering (IPO) hits the New York Stock Exchange next month, the company disclosed in a regulatory filing Thursday. The price is said to value the company between $2.96 billion and $3.33 billion. ...

In what could be described as possibly a killer app for the still in vitro virtual reality market, Facebook, Inc.-owned Oculus Rift has announced that the ever popular Minecraft is coming to the platform. The news was delivered on the second day of the Oculus Connect conference (yes, they have a conference despite still not ...

When most people think of smart watches they don’t think good looking no matter how much Apple’s marketing tries to change the perception, but what if there was actually such a thing as a sexy looking smart watch on the market? Now there is. Smart watch minnow Pebble Technology Corp. has launched the Time Round, ...

Following an already embarrassing week for Apple after the Xcodeghost malware fiasco, the tech giant is faced with more scrutiny Wednesday when it was discovered that it’s new iOS 9 mobile operating system has shipped with a gaping security flaw. The as yet named flaw is triggered on Apple iPhone and iPad devices running the ...

Google has decided it wants a bigger slice of the Big Data pie by launching a new service that offers managed hosting to both Spark and Hadoop. Called Google Cloud Dataproc, the service allows users take advantage of open source data tools for batch processing, querying, streaming, and machine learning, complete with automation tools that ...

Bitcoin exchange Coinbase, Inc. has taken what could be at mildly best described as an interesting move by filing patents for many of the key aspects of the current existing Bitcoin marketplace. The number of filings by Coinbase with the United States Patent & Trademark Office (USPTO) come to nine and include: Hot wallet for ...

Apple has taken further steps to defend itself against malicious actors targeting iOS apps by reminding developers to use legitimate copies of its development tool Xcode. According to reports, Apple sent a letter out to its registered developers urging them to validate their version of Xcode and ensure they only download new versions from Apple. ...

The fad of daily deals sites is slowly grinding to an end with the leader of the pack, Groupon, Inc., announcing Tuesday that they are laying off 1,100 people and closing up shop in seven territories. According to the Securities and Exchange Commission (SEC) filing, the “restructure” of Groupon isn’t coming cheaply either, with the ...

The Australian banking industry has decided to declare war on local Bitcoin companies by cutting their bank accounts off in what could be a fatal blow for the nascent industry in the country. According to reports both the Westpac Banking Corporation (Westpac) and the Commonwealth Bank of Australia Ltd. (CBA) have sent letters of closure ...