investment Stories February 15, 2016

it looks like that $10 million offer from Martin Shkreli to exclusively acquire Kanye West’s new album wasn’t even in the ballpark. Today Kanye has taken to Twitter to publicly plead with tech execs for investments as the artist delays the release of his much anticipated album “The Life of Pablo” and cites $53 million in personal debt.

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investment Stories October 12, 2015

Reports surfaced last week suggesting that Google was in talks to invest in secure messaging startup Symphony, and a new report out Monday morning (via Re/code) suggests that the company is about to announce $100 million in funding raised in a recent round from several investors including — as was reported — the Mountain View company… expand full story

Deal: Get Pixelbook at 25% off: $750!

investment Stories October 6, 2015

According to recent reports from both Re/code and The Wall Street Journal, Google is in the later stages of talks to invest in Symphony, a startup building a secure messaging platform. While the exact terms of the investment, including its value, have not been determined, WSJ’s report said that the deal will value Symphony at $650 million… expand full story

investment Stories July 13, 2015

Google Capital leads $100M investment to fund growth by Crowdstrike cybersecurity company

Google Capital has led a $100M investment in Crowdstrike, a cybersecurity company with strong government ties, reports the WSJ. Supporting investors include Rackspace, Accel and Warburg Pincus.

Its head of investigations, Shawn Henry, is the former top computer-crimes official at the Federal Bureau of Investigation. Crowdstrike’s D.C.-based chief technology officer, Dmitri Alperovitch, has a long history of calling out foreign hacker groups.

Crowdstrike offers a remote monitoring service for its clients’ networks, aiming to detect hacking attempts at an early stage. Where hackers have already penetrated, the company works to identify the group responsible.

Google Capital was formed last year to provide funding for successful companies looking for growth. It sits alongside Google Ventures, which provides early-stage funding for startups. Google Capital partner Gene Frantz said that they were “blown away” by the company tripling its billings year-on-year.

“We were blown away by CrowdStrike’s incredible growth and impressive customer adoption,” said Gene Frantz, partner at Google Capital. “They have a truly unique SaaS-based endpoint security model, a highly scalable subscription revenue model, and a visionary technical approach that has huge potential to transform the industry, which is why we’re thrilled to make this investment.”

investment Stories May 12, 2015

Cyanogen receives more ‘strategic investment,’ this time from Foxconn

The details are very scarce at this point, but a fresh press release this morning reveals that Cyanogen has received a “strategic investment” from Foxconn, closing out its series C round of funding. While an exact number isn’t mentioned (in fact no details are really mentioned), the release does say that Cyanogen has raised a total of $110 million in funding to date, assumably including the amount that Foxconn has invested.

Cyanogen received $70 million in an investment round in January, according to a report from The Wall Street Journal. Some amount of that was from Microsoft, another company that Cyanogen calls its partner. Kirt McMaster, Cyanogen’s CEO, was quoted as saying that the company plans to “take Android away from Google,” and apparently Foxconn—like Microsoft—will happily support this venture.

investment Stories February 2, 2015

Uber investor Google reportedly developing competitive ride-sharing app as Uber gets into driverless cars

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Update: When reached for comment, Google pointed us to its Twitter account’s response (below), which it said is accurate. While it doesn’t directly address the reports, it does seem to hint Google is working on a Lyft-style ride-sharing app and that it doesn’t view it as a direct competitor to Uber. Following the original reports, Uber made its announcement official on its website.

[tweet https://twitter.com/google/status/562392039459807232 align=’center’]

Update 2: Google has reportedly told the Wall Street Journal that the app in question is a carpooling app created by one of its engineers for Google employees. It is said to be unrelated to Google’s self-driving car.

Uber, the app-based car service in which Google is an investor, is about to announce a new investment into building its own fleet of driverless vehicles, according to a report from TechCrunch. Although the specific details are unclear at this point, the report comes just as news breaks that Google is developing its own ride-sharing app that could be a possible competitor to Uber. expand full story

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