Following rumors from Silicon Alley Insider last week, Gowalla officially announced today a funding raise of $8.4 million in venture capital from Greylock Partners, Maples Investments, Shasta Ventures and others. Gowalla is a location-based social networking application for smart phones. Similar to Foursquare, they let you share and discover new locations based on your social [...]
‘Tis the season to stuff your virtual stocking. Here’s what Austin has to offer techies this holiday season.
Boundless Network announced today it has raised $5 million in additional financing. The funds will enable the branded merchandise distributor to support its rapid growth and expand its technology platform. The financing is from existing investors Austin Ventures and Silverton Partners. Boundless Network has raised a total of $13 million in funding to date. “We [...]
uShip, the global online shipping marketplace, today announced it has surpassed $125M in business transacted in just five years, two-thirds of which has occurred during the recession. In 2009, uShip’s revenues doubled versus 2008 and the company also enhanced local settings for customers in the UK, EU, Canada, and Australia. uShip turned profitable in 2008, [...]
Instead of relying on the constant fluctuations of large scale data-deduced trends, we need to make data personal and relevant again.