Amit Chowdhry | May 25, 2010 | 657 views | Add a Comment
Categorized under Arcus Ventures, Camros Capital LLC, Flagship Ventures, Flybridge Capital, Flybridge Capital Partners, Partners Healthcare of Boston, Physic Ventures, Polaris Venture Partners, RA Capital Management LLC, T2 Biosystems Inc., WS Investments Company

T2 Biosystems Inc. has raised $15 million from 9 different investors. The company plans to use the funding to accelerate development and commercialization for its diagnostic platform. The investment round was led by Physic Ventures. Other investors include Arcus Ventures, RA Capital Management LLC, Camros Capital LLC, WS Investments Company, Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners, and Partners Healthcare of Boston. T2 Biosystems raised $10.8 million in Series B financing two years ago. [Bizjournals]
Amit Chowdhry | May 25, 2010 | 674 views | Add a Comment
Categorized under AUDI AG, Italdesign, Lamborghini Holding S.p.A., Volkswagen Group

Volkswagen has acquired Giorgetto Giugiaro’s Italdesign. Volkswagen Group bought a 90.1% stake in IDG. Now Volkswagen owns IDG’s stake in brand name rights and patents. Audi’s Italian subsidiary Lamborghini Holding S.p.A. was responsible for the acquisition. The Giugiaro family will keep the remaining 9.9% share. [TheTruthAboutCars]
Amit Chowdhry | May 25, 2010 | 677 views | Add a Comment
Categorized under David Golden, Jean-Michel Valette, Jon Moramarco, Michael Jellison, N. Colin Lind, Philippe Bourguignon, Revolution LLC, Steve Case, Vinfolio

Wine enthusiast website Vinfolio.com has raised funding from AOL co-founder Steve Case. Vinfolio has information about wine selling and buying, featured wines, new cellars, and special promotions. Below is the full press release.

Amit Chowdhry | May 25, 2010 | 959 views | Add a Comment
Categorized under Carl Icahn, Lawson Software

Carl C. Icahn has acquired an 8.5% stake in Lawson Software, Inc. (NASDAQ:LWSN). Icahn now plans to discuss the business operations with Lawson’s management. Icahn is also currently in a battle for taking over Lions Gate Entertainment. Icahn said he bought stake in the company because he felt that the shares were undervalued. [NY Times]
Amit Chowdhry | May 25, 2010 | 408 views | Add a Comment
Categorized under Koprol, Yahoo!

Yahoo! Inc. (NASDAQ:YHOO) has acquired location-based service Koprol. It is an Asian version of Foursquare. Koprol is based in Jakarta, Indonesia. Koprol also lets you check-in to locations through mobile phones. The service is a web application so smartphones are not needed. However Koprol recently announced a Blackberry application. [TechCrunch]
Amit Chowdhry | May 25, 2010 | 528 views | Add a Comment
Categorized under Google, iGoogle, Ruba

Google has hired the team behind online travel guide website Ruba.com. The team behind Ruba will be working on iGoogle and other projects.

Amit Chowdhry | May 25, 2010 | 886 views | Add a Comment
Categorized under Apple Inc., Apple iPad, Mike Abramsky

Apple Inc. (NASDAQ:AAPL) has been selling over 200,000 iPads per week. These figures represent a number that is higher than Mac computer sales. The iPhone 3GS is estimated to be selling 246,000 per week. RBC Capital Markets analyst Mike Abramsky also speculates that the next generation iPhone (codenamed: iPhone HD) could sell 23 million units.
Amit Chowdhry | May 24, 2010 | 6,328 views | 2 Comments
Categorized under Lists, Twitter
Twitter has a huge ecosystem built around the service which easily helped lead the growth of the micro-blogging service. There are hundreds of tools out there that can be used if you are a Twitter enthusiast or even a Twitter beginner. Below I have compiled a list of some of the most useful tools and categorized them. If there are any that I have missed, please let us know in the comments.
