Throw that money in the air: MongoDB (a.k.a. 10gen, which recently renamed itself after its core product) has just raised a $150 million round of funding from investors including EMC Corp., Salesforce, T. Rowe Price, Red Hat, Intel, NEA and Sequoia.
Guess who’s still droning away? Former Wired editor in chief Chris Anderson has just raised a $30 million Series B for his startup 3D Robotics. Investors include Foundry Group, True Ventures, O’Reilly AlphaTech Ventures and SK Ventures. It’s in addition to $5 million raised last year.
The company plans to use the money to “mainstream aerial robotics and surveying,” i.e., turning this hobbyist habit into something relatively affordable and approachable for those who aren’t lifelong subscribers to, well, Wired. The team is zeroing on commercial use cases, the big example being agriculture. Mr. Anderson said in a statement: Read More
The private sale service Gilt Groupe is looking to raise between $80-100 million in a deal that will value the company at around $1 billion, according to Business Insider’s Henry Blodget.
Breaking the news of Gilt’s new valuation via Blodget is an interesting choice, since two of Gilt Groupe’s co-founders, Kevin Ryan and Dwight Merriman, Read More