Duncan Riley
Latest from Duncan Riley
Bitcoin heist: Japanese police preparing to charge Mark Karpeles over Mt. Gox collapse
The long running saga of the missing $460 million worth of Bitcoins from former Bitcoin exchange Mt. Gox may be finally heading to court with reports that Japanese police are preparing to charge Founder and former Chief Executive Officer Mark Karpeles over the theft. A report from Japan’s Nikkei (link in Japanese) Friday morning local ...
LinkedIn strongly beats market forecasts with solid revenue growth in Q2
LinkedIn, Inc. surprised the market Thursday with its second quarter results strongly beating market forcecasts for the business-oriented social network site. The company booked $712 million in revenue for the second quarter, an increase of 33 percent compared to the same quarter last year and equating to 55 cents a share; the market had been ...
Amazon signs former Top Gear hosts for new motoring show
Former Top Gear hosts Jeremy Clarkson, Richard Hammond and James May will be returning to screens via Amazon.com, Inc. with the eCommerce giant signing all three for a new motoring show. The new, as yet unnamed motoring show, will be made available to subscribers of Amazon’s Prime streaming service, although it isn’t clear from initial ...
Git repository hosting service GitHub raises $250m Series B on $2b Unicorn valuation
Git repository hosting service GitHub, Inc. has raised $250 million Series B in a round led by Sequoia Capital that included Andreessen Horowitz, Thrive Capital and Institutional Venture Partners. New of the round first emerged in June when it was rumored GitHub was looking to raise $200 million, but as is becoming par for the ...
Cloud comms company Twilio confirms Series E round of $130m
Cloud communications company Twilio Inc. has raised $130 million Series E in a round led by Fidelity and T. Rowe Price, that included Altimeter Capital Management, Arrowpoint Partners, Amazon.com, and Salesforce Ventures. News of the round first surfaced based on filings back in May at a figure of $100 million, but as it turns out ...
Facebook beats the market with record high revenue of $4.04b in Q2
Mark Zuckerberg would have been grinning like the Cheshire Cat Wednesday with Facebook, Inc. beating market expectations in the second quarter off continued strong growth in mobile. The social networking giant booked record high revenue of $4.04 billion for the quarter, compared to $2.9 billion for the same quarter of 2014, and ahead of market ...
Online auction house Catawiki raises $82m Series C
Online auction house Catawiki (Benaulim B.V) has raised $82 million Series C in a round led by Lead Edge Capital that included previous investors Accel Partners and Project A Ventures, along with a number of former Booking.com executives, including former Chief Marketing Officer Arthur Kosten. Founded in 2008, Catawiki is an online catalogue and auction ...
Virtual reality social platform provider AltspaceVR raises $10.3m in additional funding
Virtual reality social platform startup AltspaceVR, Inc. has raised $10.3 million in additional funding in a round that included Tencent, Dolby Family Ventures, Raine Ventures Lux Capital, Western Technology Investments, Maven Ventures, Promus Ventures, Streamlined Ventures, Rothenberg Ventures, and Comcast Ventures. Founded in 2013, AltspaceVR brings two-dimensional web content into shared virtual spaces, an extension ...
Slashdot, SourceForge for sale as owner DHI’s plans for both don’t pan out
DHI Group, Inc. announced as part of its quarterly earnings report Tuesday that it intends to sell off old-school tech forum Slashdot, and open source applications and software directory SourceForge. The company acquired both properties from Geeknet, Inc. (the company previously known as both VALinux, Inc. and SourceForge, Inc.) for $20 million in 2012, in ...