Duncan Riley
Latest from Duncan Riley
Streaming music service Spotify AG has responded to the launch of Apple’s new and very uninspiringly named Apple Music service by suggesting it may match prices on family plans. Apple Music was revealed at Apple’s World Wide Developers Conference Monday, and while …
Delivery Hero raises new round of $110m on a $3.1b valuation
Online food ordering site Delivery Hero Holding GmbH has raised $110 million in new funding based on a $3.1 billion valuation. It’s not clear from reports whether this was a new round, or an extension of its previous Series H round of …
Overstock to issue $25m bond offering that utilizes the Bitcoin Blockchain
Overstock.com, Inc. is treading into new territory with the e-commerce giant announcing it will issue a $25 million bond offering that utilizes the Bitcoin Blockchain. “The cryptorevolution has arrived on Wall Street,” Overstock Chief Executive Officer Patrick M. Byrne said in a …
Cloud SaaS firm SunGard files for $100m IPO, may yet be acquired before it gets there
Cloud Software as a Service (SaaS) firm SunGard Data Systems, Inc. has filed for an initial public offering and is looking to raise $100 million, although the possibility of it being acquired before going public is still present. According to The Wall …
Bitcoin Capital passes $1m in equity crowdfunding campaign
New venture capital fund Bitcoin Capital has passed the $1 million raised mark on equity CrowdFunding platform BnkToTheFuture.com. The fund, which launched its capital raising on May 14 aiming to raise $1 million, passed the total Thursday with 6 days still remaining …
Chinese hackers breach Office of Personnel Management, steal 4m employee records
Chinese hackers have breached the Office of Personnel Management (OPM) and obtained the records of over 4 million present and present employees, officials said Thursday. The agency, which handles government security clearances and federal employee records, detected the breach in April following …
Big Data and analytics consulting marketplace Experfy raises $1.5m
Harvard-based Big Data and analytics consulting marketplace Experfy, Inc. has raised a seed round of $1.5 million. Investors included XPRIZE Chairman and CEO Peter Diamandis, Harvard Business School Professor Tarun Khanna; Intrado President George Heinrichs; Former Chief Innovation Officer of the Agency …
LINE launches Popcorn Buzz, a teleconferencing app that supports up to 200 people
Messaging giant LINE Corp. has launched a new app called Popcorn Buzz, a teleconferencing app that allows users to talk to up to 200 people at the same time. Described by the company as a “a revolutionary free group call app that …
Bitcoin Blockchain financial trading startup Mirror raises $8.8m Series A
Bitcoin Blockchain financial platform startup Mirror (Vaurum Labs, Inc.) has raised $8.8 million Series A in a round led by Route 66 that included existing investors Battery Ventures, Crosslink Capital, RRE Ventures, and Tim Draper. As part of the deal, Route 66 partner …
Yahoo pays $20m+ to exclusively live stream NFL game for free in October
The National Football League’s (NFL) first free, legally live streamed regular season game is coming, and much to delight of some, and the horror of others, it is being presented by Yahoo!, Inc. In a statement released Wednesday, Yahoo confirmed that it …