Smooth Stone is well Armed and Backed with 48M
By Azam on August 16, 2010 Add a CommentFounded in January 2008, Smooth‐Stone brings ultra‐low power mobile phone technology to the datacenter. Smooth-Stone has brought together leading engineers with experience in volume and blade server platforms, mainframes, server CPUs, networking processors, telecom infrastructure, and high performance cellular application…
Continue Reading...Rdio Streams Music from the Cloud
By Azam on June 3, 2010 Add a Comment
Radio is music streamed to your ears from the cloud brought to you by the creators of KaZaa and Skype. Rdio is trying to bring the music streaming business model using cloud computing. The beauty is the ability to play…
Continue Reading...CODA Battery Powered in Deal for 476M and Govt Money
By Azam on May 26, 2010 Add a Comment 
CODA, a California-based electric car and battery company, announced today its plans to build an automotive-grade lithium ion battery system manufacturing facility in Ohio. CODA is considering several sites within Ohio for the facility, which could employ more than 1,000…
Continue Reading...TweetDeck Raises 3M and Brings Live Streams to the Desktop and Wireless Device
By Azam on May 21, 2010 Add a Comment
TweetDeck is a highly popular application that allows you to read and post on social networking sites. TweetDeck has raised 3 M in a Series B round led, betaworks. TweetDeck allows users to post from a single application to multiple…
Continue Reading...Lookout Raises 11M to Security for Smart Phones
By Azam on May 18, 2010 Add a Comment
Lookout, the leader in smartphone security, today announced an $11 Million Series B round of funding led by Accel Partners with Khosla Ventures and Trilogy Partnership also participating. The company also announced that it has added several new executives to…
Continue Reading...Booyah Closes 20M Round Lead By Accel
By Azam on May 17, 2010 Add a Comment 
Booyah, creator of the popular location-based mobile app MyTown, has closed a $20 million round of financing and added renowned investor, Jim Breyer to its Board of Directors. Led by Accel Partners, a premier global venture firm with investments in…
Continue Reading...GILT Groups Raises 35M for Luxury Expansion Plans
By Azam on May 14, 2010 Add a Comment
Gilt Groupe is highly successful luxury online retail site has raised 35M to fuel further expansion. Gilt has skillfully navigated the luxury segment of retail ecommerce through simple and sleek designed site that offers steep discounts for members only invitation…
Continue Reading...onesocialweb Breaking Barriers in the Social Networking
By Azam on May 13, 2010 Add a Comment
onesocialweb plans to enable free, open, and decentralized social applications on the web. The protocol can be used to turn any XMPP server into a full fledged social network, participating in the onesocialweb federation. The suite of extensions covers all the…
Continue Reading...NYT: Four Nerds and a Cry to Arms Against Facebook
By Azam on May 12, 2010 Add a Comment 
David Goldman for The New York Times
Ilya Zhitomirskiy, 20, far left; Dan Grippi, 21; Max Salzberg, 22; and Raphael Sofaer, 19, all students at N.Y.U., are trying to reinvent social networking online.
By JIM DWYER
Published: May 11, 2010
NYT Link below…
Continue Reading...Square Makes Mobile Payment Easy on iPhone, iPad and Android
By Azam on May 11, 2010 Add a Comment 
Square, a new venture from a co-founder of Twitter, launched Tuesday with a free application that allows anyone to accept credit card payments on a mobile device.
The San Francisco-based Square, the brainchild of Twitter chairman Jack Dorsey, works with…
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