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Yahoo Acquires Jybe

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Yahoo has acquired Jybe. Founded by five former Yahoo employees in 2011, Jybe is a personalized recommendation startup that was in stealth mode.  

Jybe co-founder and CEO Arnab Bhattacharjee was the VP of Yahoo Search Technology (YST). He returns to Yahoo, together with former key members of the YST and Hadoop teams — Tim Converse, Christian Kunz, Sameer Paranjpye, and Karthik Krishnamurthy.

Jay Rossiter (SVP, Cloud Platform Group): As a technologist, there are rare moments in your career when you get to be a fundamental part of the transformation of one of the most iconic companies on the Internet.

The Jybe app has been closed.

 

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of themarkets.com), and Steadfast Venture Capital.