20 years after Netscape’s IPO, We Still Live in the World it Created

Published: Aug. 12, 2015 at 6:00 a.m. ET By: Matthew Lynn Today, every tech startup, every market follows the ‘Netscapism’ formula There wasn’t much of a birthday celebration. No one made a cake, there was no party, and there were no presents. And yet the 20th anniversary of the Netscape initial public offering, which passed […]

Ultrain White Paper

Below is a brief excerpt from the Ultrain White Paper.  To read more, visit https://ultrain.info/downloads/Ultrain%20Whitepaper_v1.1.9.pdf  Ultrain Vision 1.1 Core Vision of Ultrain The advent of the information revolution is driving businesses to expand borders and streamline processes. We are witnessing the unfolding of a brand new business society, where all things are increasingly visible, interconnected […]

Affirm hits $100 on opening day after listing at $49

Affirm, a business that has helped popularize a “buy now pay later” trend for Internet shopping, offered its shares to the public on Wednesday. The listing came weeks after the company pulled back its initial IPO plans amid uncertainty over how to price the sale. Affirm ultimately listed its shares at $49 under the ticker AFRM, […]

VW-backed battery maker QuantumScape to go public at $3.3 billion valuation

(Reuters) – QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion. San Jose-based QuantumScape, a 2010 spinout from Stanford University, said it will form a joint venture with VW […]

Valley Capital Managing Director’s Seed Investment Libra Credit Now Public via ICO

Uphold and Libra Credit Bring Crypto-Backed Credit to Consumers and Businesses Integration addresses growing customer demand for credit and liquidity of crypto assets July 12, 2018 08:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Uphold, the global digital money platform that has powered more than $3.5 billion in transactions across 184 countries, and Libra Credit, the leading […]

PayPal to acquire fraud prevention company Simility for $120 million

(Reuters) – PayPal Holdings Inc PYPL.O has agreed to acquire fraud prevention technology company Simility for $120 million in cash, it said on Thursday. Palo Alto, California-based Simility sells machine-learning-based technology to help online merchants spot fraudsters and improve risk management. PayPal plans to make Simility’s services available to its merchants following the close of the transaction, […]

Fraud Prevention Startup Simility Raises $17.5 Mn Funding From Accel Partners, PayPal

Simility’s Existing Investors The Valley Fund and Trinity Ventures Also Took Part In This Funding Round. California and Hyderabad-based adaptive fraud prevention startup Simility have raised $17.5 Mn (INR 112.6 Cr) funding from Accel Partners in a Series B round. Existing investors The Valley Fund and Trinity Ventures also participated in this investment along with […]

Arista Networks IPO values company at about $2.75 billion

(Reuters) – Arista Networks Inc ANET.N shares have been priced at $43 each, the Wall Street Journal said, citing sources, valuing the network switch maker at about $2.75 billion. Arista’s IPO raised about $226 million, after its offering of 5.25 million shares was priced well above its expected price range of $36-$40. The company, which competes with […]

Infinera Corp. IPO raises $182 million, above range

NEW YORK, June 6 (Reuters) – Infinera Corp., which has built a new class of all-optical computer chips using light rather than electronics to transmit data, on Wednesday raised $182 million in an initial public offering that priced above a forecast range. The 14-million-share offering priced at $13 per share compared with a forecast range […]