[Techtaffy Newsdesk] Arctic Sand Technologies, a fabless semiconductor company working on power management in electronic devices, closed $9.6 million in Series A financing. A syndicate of financial investors—including Arsenal Venture Partners, Northwater Capital and Ray Stata, and strategic investors, including…
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Tag Archive for MIT
MIT President Speaks Up On Aaron Swartz
January 13, 2013
[Techtaffy Newsdesk] President of the Massachusetts Institute of Technology (MIT), L. Rafael Reif, emailed a message to the MIT community, talking on Mr. Swartz. Mr. Reif has also launched a ‘thorough analysis’ of the ‘perceived unusual activity’ on the MIT network. In…
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Behavior Analytics Startup Ginger.io Raises $6.5M
November 28, 2012
[Techtaffy Newsdesk] Ginger.io, a behavioral health analytics startup, has raised a $6.5 million Series A funding round led by Khosla Ventures. Existing seed investors True Ventures and Romulus Capital also participated. Drawing on research from the MIT Media Lab, Ginger.io’s mobile application uses…
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Cisco Acquires Meraki For $1.2B
November 18, 2012
[Techtaffy Newsdesk] Cisco is acquiring privately held Meraki. Meraki will form Cisco’s new Cloud Networking Group. Under the terms of the agreement, Cisco will pay approximately $1.2 billion in cash and retention-based incentives to acquire the entire business and operations of…
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Affectiva Raises $12M Series C Financing
August 7, 2012
[Techtaffy Newsdesk] MIT Media Lab spun-off startup Affectiva has secured $12 million in Series C financing, backed by Hong Kong businessman Li Ka-shing’s Horizons Ventures and Kleiner Perkins Caufield & Byers Digital Growth Fund, with participation from existing investors. As…
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UC Berkeley Joins MIT-Harvard EdX Initiative
July 24, 2012
[Techtaffy Newsdesk] EdX, the online learning initiative founded by Harvard University and the Massachusetts Institute of Technology (MIT) and launched in May, now has the University of California, Berkeley, joining its platform. UC Berkeley will collaborate with edX to expand the…
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Echo Nest Closes $17.3M Financing Round
July 12, 2012
[Techtaffy Newsdesk] The Echo Nest, a music intelligence platform, has closed a $17.3 million financing round led by Norwest Venture Partners. Prior investors Matrix Partners, Commonwealth Capital Ventures, Fringe Partners, Jim Pallotta and board member Michael Brown also participated in this…
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Researchers Design Algorithm To Let Cars Share Internet Connection
July 5, 2012
[Techtaffy Newsdesk] Two Wi-Fi-equipped cars sitting at a stoplight could exchange information free of charge, but if they wanted to send that information to the Internet, they’d probably have to use a paid service such as the cell network or…
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Harvard’s Experiment Fund Gets New Members
June 27, 2012
[Techtaffy Newsdesk] Accel Partners, Breyer Capital, and Polaris Venture Partners join New Enterprise Associates (NEA) as partners of The Experiment Fund (www.Xfund.com), a seed-stage venture capital fund anchored at Harvard and designed to cultivate innovation and bold experimentation in the…
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MIT Receives $1 Million To Support EdX Partnership
June 20, 2012
[Techtaffy Newsdesk] MIT has received a $1 million grant from the Bill & Melinda Gates Foundation to support edX, MIT’s new partnership in online education with Harvard University. Through edX, the two institutions are collaborating to build a global community…
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