Are social media firms doing something to stop the ISIS cyber terror and broadcasting messages across Facebook and Twitter The daught...
Software company LogicMonitor has raised $130 million, marking its largest funding round for setting up the California company for an As...
The wearable market has seen a big spike las year as the market starts to mature. IDC recently announced the Big Thr...
June 20, 2016
The first quarter of 2016 saw $1.4 billion in venture capital funding and the most merger and acquisitions transactions in a single quarter to date. The biggest VC investment in 2016 , has been so far on Healthcare wearables and technology vertical .According to Mercom capital the first 6 months in 2016 has seen VC's landing up with war chests of $260million to lap up the most promising investments across wearables technology
The most active VC money that has been chasing the wearables sector happens to be Andreessen Horowitz and Khosla Ventures.Among the biggest VC funding across wearable technology was last years $542M Series B raised by Magic Leap, Florida-based developer of head-mounted augmented reality displays. Magic Leap raised capital in that round from a wide range of investors including smart money VCs Andreessen Horowitz and Kleiner Perkins Caufield & Byers.
VC interest in this sector has been across 4 areas
1) Health and fitness bands:
2)Smart Watches and jewelry:
3)Smart apparel: OMsignal (smart workout apparel).
4)medical devices( mistfit wearables)
The growth of wearables started gaining traction since 2009 as funding to wearables startups surpassed $2.2B across the past five years, accrued over 195 deals.
June 19, 2016
June 16, 2016
Are social media firms doing something to stop the ISIS cyber terror and broadcasting messages across Facebook and TwitterThe daughter of Reynaldo Gonzalez who was killed in the paris attacks which killed 130 people filed a case against social media companies, Facebook, Twitter and Google. Reynaldo's daughter 21,was killed in the Paris massacre claims that is suing Google, Facebook and Twitter, are not doing enough and even encouraging ISIS and provididing “material support” to extremists in violation of the law and did nothing to stop online communication among ISIS terrorists Reynaldo Gonzalez, daughter Nohemi was among 130 people killed has filed the suit in the US district court in the Northern District of California.
In statements, Facebook and Twitter said Wednesday the Gonzalez lawsuit is without merit, and all three companies cited their policies against extremist material. Twitter, for instance, said that it has “teams around the world actively investigating reports of rule violations,
Software company LogicMonitor has raised $130 million, marking its largest funding round for setting up the California company for an Asia expansion. LogicMonitor, a software-as-a-service, or SaaS, company that helps businesses monitor their data centers and flag possible problems, raised $130 million from Providence Strategic Growth, an investment arm of Providence Equity Partners, the company said in an interview. Prior to this funding, LogicMonitor, founded in 2007, had raised $21 million, a relatively small sum compared to some other high-growth software companies.
With 160 employees and more than 1,000 paying customers, including JetBlue, Citrix, National Geographic and Trulia, The company revenues has doubledeach year for the past five years. declined to provide specific numbers.