One of the unheralded founders of Facebook, Andrew McCollum has avoided the spotlight which shone heavily upon other big names at the social media leviathan. One of the earliest engineers at the company, McCollum took the road less traveled prior to landing at New Enterprise Associates as an Entrepreneur In Residence . While mark Zuckerberg...
Read more »

Self proclaimed website supercharger CloudFlare has raised $20 million in a Series B round. New Enterprise Associates led the round, with existing investors including Venrock and Velion Ventures also contributing to the total. CloudFlare is a sort of Internet optimizer, catering to website owners of all sizes, specializing in improved speed (download times) and better...
Read more »

A server issue at Groupon’s email service provider Exact Target (on servers housed in Las Vegas) led to a period over the weekend of frozen sales in several cities in which Groupon had deals working. Deals in Texas and California which normally would have been clicking into the hundreds or thousands sold, instead stood...
Read more »

In a freshly released report out of Thompson Reuters and the National Venture Capital Association, the mood in VC land is decidedly sour. Of course that is depending on where you sit. It wasn’t all bad news. Follow many of the indications we’ve been hearing for many months, the total venture capital dollar amount invested...
Read more »

Thinkorswim.com founder Tom Sosnoff is off and running on his next big thing, Tastytrade. The online options mastermind who sold his last big thing to TD Ameritrade in 2009 for $750 million (!) has raised $20 million for his new dream. This time the idea is for an online financial network for the X...
Read more »

Mobile identity protection specialist out of Bellevue, Massachusetts has raised $1.75 million in its latest funding round, on that comes on the heels of an identically sized round completed in March. The names of the investors were not made available, but it is likely that some or all of the new funds are of...
Read more »