Finance

  • New Relic Files To Go Public

    New Relic Files To Go Public

    New Relic, a company that provides app-monitoring on a SaaS-basis, filed to go public today. The company intends to use the ticker symbol “NEWR” in the flotation, and its offering is underwritten by Moran Stanley, J.P. Morgan, and four other groups. The company’s financials appear to be strong, when compared to current market norms. In the first 6 months of 2014, the company… Read More

  • VC Points Out That VCs Might Have A Burn Rate Problem Of Their Own

    VC Points Out That VCs Might Have A Burn Rate Problem Of Their Own

    Your startup loses too much money, but even worse, the people supplying you with cash might be running a bit light themselves. Following the endless commentary regarding burn rates, and startup ‘risk,’ Fortune’s Dan Primack pointed out that some venture capitalists are investing faster, and spending more on non-essentials than before. Maybe the venture capitalists have a… Read More

  • Equity Crowdfunding Service Seedrs Acquires Junction Investments, Plots US Expansion

    Equity Crowdfunding Service Seedrs Acquires Junction Investments, Plots US Expansion

    Seedrs, a company based in London that deals with equity crowdfunding, has an eye on the U.S. market. Today, it announced that it has acquired Junction Investments, which is based in California, and operates in a similar market space. As a company, Seedrs is most interesting for its ability, with certain caveats, to accept small dollar amounts from regular folks that can be converted via a… Read More

  • Autodesk Invests $100 Million Toward The First 3D Printing Fund

    Autodesk Invests $100 Million Toward The First 3D Printing Fund

    Autodesk is opening a $100 million 3D printing fund, called Spark Investment Fund, to give money to startups and designers in the 3D printing space. The company is now encouraging those interested in developing hardware, software, materials, marketplaces and maker spaces to apply to participate in the Spark Investment Fund’s investment portfolio. Read More

  • Alphaworks, The Equity Crowdfunding Platform From Betaworks, Brings On Erin Glenn As CEO

    Alphaworks, The Equity Crowdfunding Platform From Betaworks, Brings On Erin Glenn As CEO

    Today the folks at Alphaworks, the equity crowd-funding platform branched out of betaworks, are announcing leadership changes, with Erin Glenn taking the lead as CEO. Nick Chirls, cofounder and former CEO of Alphaworks, is moving on to pursue another new project. Read More

  • Verizon Ventures Seeks To Double Portfolio And Investment Capital

    Verizon Ventures Seeks To Double Portfolio And Investment Capital

    Verizon Ventures, the venture capital arm of the Internet, phone, and wireless networking services company, will look to double its portfolio and the capital it invests in startup companies, TechCrunch has learned. Speaking ahead of his participation in the Made In NY Media Center Demo Day, Verizon Ventures associate director of corporate strategy and development, Tom Constabile, said that… Read More

  • Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia’s shares are down in after-hours trading following the company’s third quarter earnings report that included in-line losses, and a revenue disappointment. The company lost $0.08 per share on a non-GAAP basis in the period from revenue of $67.1 million. Investors had expected the $0.08 per-share loss, which works out to a deficit of $2.8 million but had expected revenue… Read More

  • Coinbase’s Vault Goes Multi-Signature For Added Security

    Coinbase’s Vault Goes Multi-Signature For Added Security

    Coinbase, the Andreessen Horowitz-backed Bitcoin wallet and merchant processing platform with just shy of 2 million wallets, is jumping on a big trend in security for holding the crypto-currency. They’re adding multi-signature technology to their vault product, which is designed with long-term, higher net worth holders of Bitcoin in mind. Multi-signature usually means that in order… Read More

  • Apple Closes At New All-Time High Of $106.74

    Apple Closes At New All-Time High Of $106.74

    Slight amendment: Apple closed today at an all-time split-adjusted high. The company traded for a higher per-share price before its split, but today marks Apple’s highest close since its 7:1 share exchange. The company traded in the low 90s following the split, putting its current value up more than 10 percent since the division. Apple ended today worth $618.97 billion, according to… Read More