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Yahoo Signs $10M Mobile Toolkit Partnership With Carnegie Mellon

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Yahoo and Carnegie Mellon University (CMU) have inked a five-year, $10 million partnership. The agreement is highlighted by a mobile toolkit that will enable CMU researchers to experiment with Yahoo’s real-time data services, letting them test new ways that machine learning and interface technologies can improve personalized user experiences.

The partnership, named Project InMind, also includes a new Yahoo-sponsored fellowship program at CMU.

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EdCast Raises $6M

EdCast, a Stanford StartX company that creates knowledge cloud platforms for organizations to collaborate upon, has completed a $6 million Series A round of financing led by SoftBank Capital. Mitch Kapor (Kapor Capital), Menlo Ventures, Novel TMT Ventures, Cervin Ventures, Aarin Capital, NewSchools Venture Fund/ CoLab, and the Stanford StartX Fund.