Kevin Rose scales back position at Google Ventures to launch a new startup: North

North Screenshot

Kevin Rose is known for being a founder of companies like Digg, Revision3, WeFollow, and Milk Inc. Digg was acquired by Betaworks, Revision3 was acquired by The Discovery Channel, and Milk Inc. was acquired by Google. Rose landed a job at Google Ventures after Milk was acquired in 2012. Now he has scaled back his position at Google Ventures to create a new startup called North Technologies. North Technologies will launch a new product once per quarter. The company is already working on two or three ideas. That means that the concept of North is very similar to Milk Inc.

Wayfair has filed for a $350 million IPO

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Wayfair, the popular online home goods company, has filed documents to go public. According to a filing with the SEC, Wayfair said it is trying to raise as much as $350 million. Goldman Sachs, Bank of America Merrill Lynch, Citigroup, Allen & Co., Pacific Crest Securities, Piper Jaffray, Wells Fargo Securities, Canaccord Genuity, Cowen and Co., and Raymond James are underwriting the IPO.

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LevelEleven raises $2 million in funding

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Detroit, Michigan based LevelEleven has raised $2 million in funding from investors like Dallas Angel Network, Tamiami Angels, Detroit Venture Partners and Former ExactTarget CMO Tim Kopp has joined LevelEleven’s board of directors. Kopp was CMO of ExactTarget prior to’s $2.7 billion acquisition of the company last year.

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Dick Costolo, Mark Zuckerberg, Satya Nadella and Bill Gates has dumped icy water on their head for ALS

Several technology moguls have dumped icy cold water on their heads for charity. The way it works is that you dump a bucket of water on your head or donate $100 to amyotrophic lateral sclerosis (ALS) research. If you do the ice bucket challenge, then you can challenge other people to do the same.

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Intel is paying $650 million to acquire LSI networking unit from Avago

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Intel Corporation announced earlier this week  that it has acquired a networking business and assets from Avago Technologies for $650 million in cash.

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Ryan Allis releases presentation with 1,284 slides about winning life

Ryan Allis

Ryan Allis is a serial entrepreneur that built and sold iContact for $170 million. He has now released a long motivational slideshow to celebrate his 30th birthday. The presentation is split into three parts: life, business, the world. Check out the presentation below:

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Desire2Learn raises $85 million in funding

Cloud-based learning solutions company Desire2Learn has raised $85 million in funding. Founded in 1999, Desire2Learn works with K-12 institutions and Fortune 1000 companies. Desire2Learn’s Brightspace is a learning platform that delivers education content to students. The platform also tracks how well students are learning.

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Samsung has acquired SmartThings

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Earlier this week, Samsung acquired SmartThings, a company that lets users sync their connected gadgets into a smartphone app. According to TechCrunch, the acquisition was reportedly worth $200 million.

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