Silicon Valley: The rise of the adolescent CEOs

“At a certain point, they can’t get much younger or we’re going to be invested in preschool,” quipped venture capitalist Marc Andreessen

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Management, Start-up, Technology
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Bloomfire Secures $10 Million to Address Escalating Sales Team Productivity Problem
Finance, Technology

Bloomfire Secures $10 Million to Address Escalating Sales Team Productivity Problem

Bloomfire Inc. secures $10 million in Series A funding from Austin Ventures and Redpoint Ventures, and the launch of its social web application for team productivity. Designed to facilitate “just-in-time” learning moments that connect people with knowledge to those who need it, Bloomfire is initially targeting sales teamsand the organizations that support them. “Bloomfire addresses [...]

Switchfly, Inc. Secures $15 Million to Further Expand SaaS Products Globally in Travel, Loyalty and Payments
Finance

Switchfly, Inc. Secures $15 Million to Further Expand SaaS Products Globally in Travel, Loyalty and Payments

Switchfly, Inc., a leading software-as-a-service (SaaS) provider of travel, loyalty and payment solutions, has secured $15 million in Series C financing being led by StarVest Partners of New York, with participation from existing investors Azure Capital Partners and Canaan Partners. This brings the total capital raised by Switchfly to date to $32 million. Switchfly, founded [...]

Cloudpaging Startup Numecent Emerges from Stealth
Start-up, Technology

Cloudpaging Startup Numecent Emerges from Stealth

Numecent, a startup pioneering friction-free digital software delivery through virtualization, came out of stealth and released the details of its patented cloudpaging technology. One of the key benefits of cloudpaging is that it can reduce the digital delivery time of any native software and other non-linear content by between 20x and 100x and runs without [...]

Former Facebook VP, Jonathan Heiliger, Joins North Bridge as General Partner; Focus will be on Helping Entrepreneurs with Vision for Solving Toughest Scaling Challenges
Management, Technology

Former Facebook VP, Jonathan Heiliger, Joins North Bridge as General Partner; Focus will be on Helping Entrepreneurs with Vision for Solving Toughest Scaling Challenges

North Bridge Venture Partners, a leading multi-stage venture capital firm confirms that former Facebook vice president of technical operations, Jonathan Heiliger, has joined North Bridge as a general partner. Jonathan will be based in North Bridge’s Silicon Valley office, expanding the firm’s West Coast presence. “Our goal at North Bridge has always been centered on [...]

Social Rewards Closes $600,000 Seed Round, Exceeds Financing Goals
Finance, Technology

Social Rewards Closes $600,000 Seed Round, Exceeds Financing Goals

Social Rewards, a social loyalty platform, has closed an oversubscribed seed round of angel funding totaling $600,000. The company was self-funded for a year with $250,000 from founders Joseph Morin and Mike Uesugi before raising any outside capital, and exceeded its original funding goal of $500,000. Social Rewards provides a brand’s customers with loyalty points for [...]

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