
Sony to buy Israeli Altair Semiconductor for $200 million
Sony is set to buy Israeli company Altair Semiconductor, which develops single-mode LTE chipsets, for $200 million. The company has raised $135 million to date. Established in 2005 by former Texas More...

Mark Zuckerberg and Reid Hoffman’s ‘Silicon Valley billionaires club’ just invested in customer service startup
Intercom, the customer communication platform on a mission to make internet business personal, today announced it has raised $35 million in its Series C round, bringing its total funding to $66 More...

CTERA Partners with Luxembourg Company
CTERA Networks announced that its Cloud Storage Services Platform, along with EMC ViPR Software-Defined Storage, has been selected by Post Telecom, the largest telecommunications services company in Luxembourg, More...

Freelance services co Fiverr raises $30 million
– Fiverr lists 3 million jobs in over 100 categories in 196 countries. – Fiverr, the world’s largest marketplace for creative and professional services, has raised $30 million More...

Ben Silbermann aims to expand Pinterest’s advertising platform
– Silbermann is on the lookout for returns on the considerable investment that the rapidly expanding link- and photo-sharing portal has made on completely revamping the Pinterest site. – – Ben More...

Jon Stein raises $32 million in a Series C funding for Betterment
– Stein, founder and CEO of the web-based money management service hopes to raise achieve his target of funds managed to $100 billion by 2020. – – Jon Stein, founder and CEO of Betterment, More...

Wix Breaks The Billion Dollar Barrier
– Six weeks after the Nasdaq IPO of the DIY website developer, the share price has risen 67% and the market cap is above $1 billion. – The share price of DIY website developer Wix.com Ltd. (Nasdaq: WIX) More...

Aaron Levie Picks Up Another $100 Million in Funding For Box
– Box, the rising stars of web storage, founded by Levie in 2005 , have received $309 million in funding to date. – Box Inc. founder and Chief Executive Officer Aaron Levie / Getty – Aaron More...

Globes: Cloud-Based Device Management Soluto Acquired By Device Insurers Asurion For $100 -130 Million
– According to Globes, Tel Aviv-based Soluto which has developed software to correct problems in Windows, has raised $20 million. – Soluto won the Techcrunch Disrupt prize in May 2010 – Asurion More...

Ben Silbermann’s Pinterest Almost Doubles In Value To $3.8 Billion In Less Than A Year
– Silbermann’s social network company is now reckoned to be worth $3.8 billion, after venture capitalists sunk in a further $225 million. – Ben Silbermann / Getty – Despite not yet having More...