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10gen takes home $6.5M

by Faith Merino, December 2, 2010 | Comments

The open-source software company is backed by Sequoia Capital

10gen, the maker of open-source database MongoDB, announced Thursday that it has closed a $6.5 million round of funding led by Sequoia Capital, with participation from Flybridge Capital Partners and Union Square Ventures. This round brings the company’s total financing to $11.4 million. MongoDB (short for “humongous”…and I’m guessing “DB” stands for database) is a high-performance, open-source, schema-free, non-relational database ...

Confirmed: eBay buys Milo.com

by Faith Merino, December 2, 2010 | Comments

Sources close to the deal say eBay is acquiring the "anti-Amazon" site

Update: Milo.com founder Jack Abraham has confirmed via Twitter that eBay has purchased the company. "It's official. Milo.com is extremely excited to join the eBay family!!" Abraham tweeted, followed by: "Within eBay we will complete our mission of bringing every product, on every shelf, of every store in the physical world onto the internet." Local shopping site Milo.com may be joining the ...

Amazon gives WikiLeaks the boot

by Faith Merino, December 2, 2010 | Comments

After questioning from the feds, Amazon removes WikiLeaks from its servers

After stumbling under a crippling denial-of-service attack, WikiLeaks was all but doomed until Amazon came to the rescue Wednesday afternoon, allowing the whistle-blower website to get back into the business of whistle-blowing using an Amazon host site. But pressure from the federal government prompted Amazon to boot WikiLeaks from its servers Wednesday afternoon. WikiLeaks.org began releasing confidential U.S. Embassy cables ...

WikiLeaks...I think I've seen this movie

by Faith Merino, December 2, 2010 | Comments

The cables don't tell us anything we didn't already know, but it's all so exciting!

Reading the U.S. Embassy cables recently released courtesy of WikiLeaks is fun and feels a little naughty, like snooping through someone’s medicine cabinet. But in the end, I feel like I didn’t really come away with anything—like I did all that snooping only to find that the U.S. government has the same things that everyone else has in their medicine ...

Google to debut new e-book store

by Faith Merino, December 1, 2010 | Comments

Google Editions will reportedly debut some time before the end of the year

Google is gearing up to throw itself full-force into the e-book ring. Google Editions, the company’s new online e-book retail branch, is set to launch by the end of 2010, the Wall Street Journal reported Wednesday. The venture was originally scheduled to debut this summer, but several legal and technical obstacles delayed the big arrival. Those obstacles have been tackled ...

Online spending reaches $1B on Cyber Monday

by Faith Merino, December 1, 2010 | Comments

E-commerce spending rose 16% this year, according to comScore

Cyber Monday spending hit an all time record high this year, according to data from comScore. On Monday, online spending reached $1.028 billion, marking a 16% increase from last year’s $887 million, and setting a record for the heaviest online spending day in history. It is also the first time that online spending has risen above the $1 billion mark ...

WikiLeaks founder wanted by Interpol

by Faith Merino, December 1, 2010 | Comments

Will Assange have time to expose U.S. banks before he heads to the slammer?

Julian Assange, founder of hacker/whistleblower group WikiLeaks, has been placed on a red-notice wanted list by Interpol. The notice was issued late Tuesday and while Interpol says that it is not an international arrest warrant, it is meant to act as a flag to get the now-infamous whistleblower extradited to Sweden, where he faces crimes of sexual misconduct. Assange’s lawyer ...

Google's most notable acquisitions

by Faith Merino, December 1, 2010 | Comments

A look back at Google's biggest buys

As reports continue to pour out regarding Google’s possible acquisition of Groupon—which has yet to be confirmed or denied—the numbers continue to climb. We reported Monday that Google acquired Groupon for $2.5 billion, according to an individual close to the deal, but as of Tuesday evening, that number could be as high as $6 billion, which would make the acquisition ...

Yammer raises $25M for business-based network

by Faith Merino, November 30, 2010 | Comments (2)

The social networking site for businesses and their employees is backed by U.S. Venture Partners

Enterprise social networking site Yammer announced Tuesday that it has closed a $25 million Series C round, bringing its total financing to $40 million since launching in 2008. The round was led by U.S. Venture Partners, with help from Emergence Capital, Charles River Ventures, and Founders Fund. The site is like a Facebook for businesses, back when Facebook only allowed ...

ProFounder launches crowdfunding site

by Faith Merino, November 30, 2010 | Comments

The site allows U.S. entrepreneurs to raise up to $1M from their communities

Kiva co-founder Jessica Jackley has rolled out another gem: ProFounder, a Kiva-like crowdsourced fundraising site for small businesses, launched Tuesday. The site was co-founded with Dana Mauriello, a fellow Stanford MBA graduate and a self-described lover of entrepreneurship. Similar to Kiva’s microfinance platform, ProFounder gives U.S.-based entrepreneurs an alternative route to traditional funding resources that have become more difficult to ...

Google denies charges of antitrust violations

by Faith Merino, November 30, 2010 | Comments

The European Union opened the investigation on Tuesday

Google has been in some hot water recently over privacy issues regarding Google Street View in several European countries, but now it’s facing an even bigger challenge: the European Commission, the regulatory branch of the European Union, on Tuesday opened an antitrust investigation into Google on charges of “unfavorable treatment of their services in Google’s unpaid and sponsored search results,” ...

Google and Groupon: the odd couple

by Faith Merino, November 30, 2010 | Comments

	Why an acquisition makes sense Both Google and Groupon have been keeping quiet on our report of an acquisition over Thanksgiving weekend, but until they come out and say definitively whether or not the deal has been cemented, the world is left to speculate. What would an acquisition by Google mean for Groupon? Is Groupon a passing fad—the Tamagotchi of the Web community? (Yep, I ...
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Clinton condemns WikiLeaks release of cables

by Faith Merino, November 29, 2010 | Comments

	The leaked cables reveal U.S. government plots and opinions You know that feeling you get when you get off the phone with someone and trash-talk them for half an hour, only to realize that you left your phone on and they were listening the whole time? Where do you go from there? The U.S. government knows that feeling. WikiLeaks.org began releasing on Sunday a cache of more than 250,000 ...
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CloudBees abuzz with $4M Series A round

by Faith Merino, November 29, 2010 | Comments

The Java-native cloud service provider is backed by Matrix Partners

CloudBees, a provider of cloud services for java developers, announced Monday morning the close of a $4 million Series A round led by Matrix Partners, with participation from JBoss founder Marc Fluery, and former JBoss VP of strategy, Bob Bickel. There are a lot of former JBoss genes flowing through CloudBees. The company was founded in January 2010 by former ...

Need some original gift ideas this year?

by Faith Merino, November 29, 2010 | Comments (1)

Before you reach for the latest gadget everyone's talking about, check out some more original ideas

Update: 23andme.com has slashed its $499 price-tag on genetic testing kits to $99. The deal ends 11/29, so snap them up now. Gadgets always make cool gifts, but sometimes they can seem like a bit of a cop out. You risk sending the “I didn’t feel like putting any real thought into your gift, so I got you the hot ...

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