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Cisco Eliminates 6,500 Jobs, Sells Set-Top Box Facility
Cisco formally announced it will be laying off over 4,000 employees, for a total worldwide workforce reduction of 6,500 jobs following the voluntary early...
MoboTap Raises $10 Million for Dolphin Mobile Browser
MoboTap, the developer behind the Dolphin Browser for mobile devices, today announced it will receive $10 million in funding. The Series A round was...
Philips Plans $700 Million Cost Cuts After Poor Q2 Results
Netherlands — Royal Philips Electronics NV announced an unexpected $1.8 billion net loss for their second quarter Monday, the first financial report since transferring...
SupportSpace Raises Additional $12 Million For Remote Technical Support Services
San Francisco, Calif. — SupportSpace, a company that connects businesses with a number of independent software and technology consultants, announced their acquisition of an...
Groupon Files Revised IPO, Now Less Sunny
Groupon Inc. chairman Eric Lefkofsky was reminded about pre-floatation rules when his enthusiastic comments about the daily deals company became an element in Groupon's...
Nimble Storage Closes $25 Million Series D Funding Round
San Jose, Calif. — Nimble Storage, a start-up that sells flash-accelerated storage appliances, announced Thursday that the company has received $25 million in a...
Dropbox Raising Millions Based on $5+ Billion Valuation
San Francisco, Calif. — Dropbox, a cloud-based file hosting service that enables its users to access their documents from any computer, is reportedly raising...
Mountain View-Based Evernote Raises $50 Million in New Funding
Mountain View, Calif. - Evernote, the Mountain View-based developer of a multi-platform tool designed to let users capture information in nearly any environment,...
Badgeville Raises $12 Million to Gamify Business
Menlo Park, Calif. — Badgeville, a start-up company that provides game mechanics to websites, raised $12 million in a Series B funding round led...
CDN Startup CloudFlare Raises Additional $20 Million
San Francisco, Calif. — CloudFlare has raised $20 million in a new round of investment funding led by New Enterprise Associates. Founded in 2009,...
