TechTaffy

tech:

taffy

Madrona Launches Venture Labs

By TechTaffy Desk

Madrona Venture Group officially inaugurated the Madrona Venture Labs, an in-house startup studio. The studio is already working with Spare5, and is working on additional companies to be launched in 2015. Madrona managing director Greg Gottesman and serial entrepreneur Joe Heitzeberg lead the Labs effort, joined by a team of developers and designers.

In addition to Mr. Gottesman and Mr. Heitzeberg, the team includes Amy Falcone, Brian Fioca, Ben Gilbert, Brendan Ribera and Matt Terich.  Madrona managing directors Paul Goodrich and Scott Jacobson join Mr. Gottesman and Mr. Heitzeberg on the board of Labs.

[Image courtesy: Madrona Venture Group]

Just in

Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 
Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.