Steve Jurvetson tells all: about his new $200 million fund, his new partner, his new shopping list, and more

Steve Jurvetson tells all: about his new $200 million fund, his new partner, his new shopping list, and more

Steve Jurvetson is staging a comeback, disclosing today that his new San Francisco-based, early-stage venture firm Future Ventures, has raised $200 million for its debut fund. “It’s good to be back in the saddle again,” says Jurvetson, whose career was somewhat famously derailed in the fall of 2017 when a former girlfriend wrote a Facebook Read more about Steve Jurvetson tells all: about his new $200 million fund, his new partner, his new shopping list, and more[…]

FabFitFun raises $80 million for its growing lifestyle brand

FabFitFun raises $80 million for its growing lifestyle brand

Nine years after launching its online magazine, and three years after diversifying into the subscription box business, FabFitFun has raised $80 million in a growth round of funding led by Kleiner Perkins with participation from its previous investors Upfront Ventures and NEA.  The Los Angeles-based company has steadily expanded its retail and lifestyle empire through Read more about FabFitFun raises $80 million for its growing lifestyle brand[…]

Cisco to acquire silicon photonics chip maker Luxtera for $660 million

Cisco to acquire silicon photonics chip maker Luxtera for $660 million

As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera Read more about Cisco to acquire silicon photonics chip maker Luxtera for $660 million[…]

AtScale lands $50 million investment led by Morgan Stanley

AtScale lands $50 million investment led by Morgan Stanley

AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today. Morgan Stanley led the round with previous investors Storm Ventures and Atlantic Bridge joining in. New investor Wells Fargo also participated. The funding comes almost exactly a year after the Read more about AtScale lands $50 million investment led by Morgan Stanley[…]

L.A. gets more moolah, thanks to Calibrate Ventures and its new, $80 million fund

L.A. gets more moolah, thanks to Calibrate Ventures and its new, $80 million fund

Two years ago, a couple of VCs from Shea Ventures, a 50-year-old, L.A. -based investment firm, banded together to create a Pasadena, Ca.-based early stage venture firm called Calibrate Ventures. Investors clearly like what they’re building. Firm founders Kevin Dunlap and Jason Schoettler are today announcing that they have closed their debut effort with $80 Read more about L.A. gets more moolah, thanks to Calibrate Ventures and its new, $80 million fund[…]

Looker snags $103 million investment on $1.6 billion valuation

Looker snags $103 million investment on $1.6 billion valuation

Looker has been helping customers visualize and understand their data for seven years now and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led by Premji Invest with new investment from Cross Creek Advisors and participation from the company’s existing investors. With today’s Read more about Looker snags $103 million investment on $1.6 billion valuation[…]

Quora says 100 million users may have been affected by data breach

Quora says 100 million users may have been affected by data breach

Quora said today that a security breach may have compromised data from about 100 million users. In an email sent to users today and a blog post by CEO Adam D’Angelo, the company said a “malicious third party” gained unauthorized access to Quora’s systems on Friday. Its internal security teams and a “leading digital forensics Read more about Quora says 100 million users may have been affected by data breach[…]

Phiar raises $3 million for an AR navigation app for drivers

Phiar raises $3 million for an AR navigation app for drivers

Augmented reality is a very buzzy space, but the fundamental technologies underpinning it are pushing boundaries across a lot of other verticals. Tech like machine learning, object recognition and visual mapping tech are the pillars of plenty of new ventures, enabling there to be companies that thrive in the overlap. Phiar (pronounced fire) is building Read more about Phiar raises $3 million for an AR navigation app for drivers[…]

The US Postal Service exposed data of 60 million users

The US Postal Service exposed data of 60 million users

A broken US Postal Service API exposed from over 60 million users and allowed a researcher to pull millions of rows of data by sending wildcard requests to the server. The resulting security hole has been patched after repeated requests to the USPS. The USPS service, called InformedDelivery, allows you to view your mail before Read more about The US Postal Service exposed data of 60 million users[…]