Canary is a connected home security evice company that has raised $10 million in funding from Khosla Ventures, Bobby Yazdani, Two Sigma Ventures, and several of their other seed investors.
CloudBees is a platform-as-a-service company that can test out code. CloudBees has raised $11.2 million in funding led by Verizon Ventures. Other investors that participated in this round include Blue Cloud Ventures, Lightspeed Venture Partners, and Matrix Partners. CloudBees offers tools for building and deploying applications, including a hosted MySQL database and a hosted version of the Jenkins continuous-integration (CI) server for testing code.
According to BusinessWeek, Microsoft CEO Steve Ballmer got into a huge shouting match with the board of directors in June 2013 before announcing his retirement several months later. The shouting match was due to the acquisition of Nokia. Microsoft’s board of directors said that they did not want to acquire Nokia and start making smartphones.
Zite is a personalized iPad magazine app and was acquired by CNN over two years ago. Now Flipboard is buying Zite from CNN. CNN content will be pushed through Flipboard as part of the deal, including breaking news, business news, entertainment news, and technology news. Zite’s technology will be integrated into Flipboard over time.
Beth Jacob, the chief information officer at Target Corporation, has resigned. Her resignation comes at a time where Target fell victim to a recent credit card data breach. Target CEO, chairman, and president Gregg Steinhafel said that the company is overhauling their information security and compliance structure. The breach involved theft of around 40 million credit and debt card records and 70 million records containing the personal information of customers. Jacob was named CIO in 2008 and will be replaced with an external hire.
Business Insider, a popular business and tech blog, has raised $12 million in funding led by Amazon.com CEO Jeff Bezos with participation from existing investors Institutional Venture Partners, RRE Ventures, and Gordon Crovitz. Business Insider has now raised a total of $30 million in the last 7 years. Business Insider is rumored to have turned down a $100 million offer from AOL last year.
Google Capital, a growth equity fund backed by Google Inc (NASDAQ:GOOG), is investing $50 million into Auction.com, a real estate marketplace service. Auction.com now has a valuation of $1.2 billion. Two representatives of Google Capital will join Auction.com: one as a director on the board and another as a board observer. Auction.com connects real estate buyers and sellers. Auction.com has sold $26 billion worth of property since being founded.
Overstock.com announced on Tuesday that purchases made with Bitcoin has hit $1 million since the payment option was added a little less than 2 months ago. Overstock.com saw $1.3 billion in 2013 revenues so the Bitcoin sales are a small percentage of the overall numbers. The $1 million figure still indicates that using Bitcoin for shopping has a high demand.