Duncan Riley
Latest from Duncan Riley
Health diagnostics startup Scanadu Inc., best known for its “medical tricorder” campaign on Indiegogo, has raised $35 million Series B in a round led by Fosun International that included Tencent Holdings, China Broadband Capital, IGlobe Partners, Sungent BioVenture, Relay Ventures and AME …
Uncle Sergey wants your IP: Google launches portal to buy patents
Do you have a spare technology patent lying around that you’d like to sell? Have we got a deal for you! That may sound like a bad sales pitch, but Google does actually have a deal for patent holders looking to sell …
Photo app maker VSCO raises $30 million Series B
Photo app and photo plugin software maker Visual Supply Co. (VSCO) has raised $30 million Series B in a round led by Glynn Capital Management that included existing investors Accel Partners and Goldcrest Investments. Founded in 2011, VSCO makes the popular VSCO …
Diddums: Jay Z defends Tidal on Twitter as service sinks like a brick
Jay Z took to Twitter over the weekend to defend his streaming music company Tidal, despite the fact that all public indicators would suggest that a month after its relaunch it’s sinking like a brick. Tidal, originally launched in 2014 by Sweedish/ …
Xiaomi picks up India’s Ratan Tata as its latest investor
Ratan Tata, the chairman Emeritus of Tata Sons, has become the first Indian investor in leading Unicorn Xiaomi Inc. The size of the investment was not disclosed. Tata Sons might not be a well-known name outside of the sub-continent, but if you think of a company …
Social music app maker Smule raises $38 million
Social music app maker Smule Inc. has raised $38 million in new funding, consisting of $26 million in equity and $12 million in debt funding. According to reports, the equity round was led by Adams Street Partners which included previous investors Bessemer Venture Partners …
Google misses market expectations in Q1 as revenue growth continues to slow
Google Inc., reported its first quarter financials Thursday and while the search giant continues the grow, it once again missed market expectations. Google reported revenue of $17.3 billion and earnings per share of $6.57 for Q1, up 12 percent over the same quarter of …
Amazon breaks out AWS figures in Q1 results, and it turns out cloud services are highly profitable
Just how much money does Amazon.com Inc. make from its Amazon Web Services (AWS) division? The answer to that question was finally delivered Thursday when Amazon broke out numbers for AWS for the first time in its quarterly financials, and the great news: …
Facebook Q1 financials show the social network continuing to grow and grow
Facebook Inc. has continued its stellar upwards projectory with its first quarter results showing the social networking giant continues to grow and grow. In Q1, Facebook posted revenue of $3.54 billion, up 42 percent over the same quarter of 2014. Excluding the …
Meh: Google launches disappointing Project Fi MVNO
Google Inc. Wednesday launched Project Fi, its long expected wireless service, but despite the hype leading prior to launch, it’s fairly disappointing. First with the basics: as rumored Project Fi customers will access the T-Mobile, Sprint, and Wifi networks, seamlessly switching between …