Silver Lake is already in advanced talks with private equity firm HGGC LLC to exit information technology management firm Serena Software Inc, according to four sources interviewed by Reuters.
Software & IT services
Y Combinator is proof that modest launches can still spell long-term success- report
Y Combinator is proof that companies don't always need to hold fancy launches. A low-key "launch day" such as the one Y Combinator had in 2005 can also spell long-term success, TechCrunch reported.
Alibaba strengthens vulnerable areas ahead of public debut with acquisition: report
Chinese e-commerce firm Alibaba is trying to buttress its weaknesses ahead of its public debut later this year by acquiring firms, the Financial Times reported.
Do's and Dont's for Bid Data companies: Venture capitalists
At the O'Reilly Media's Strata big data conference, four venture capitalists revealed the types of startups and the projects they would be willing to put their money on.
Stack Overflow goes down for an hour on Sunday due to DDoS attack
Stack Overflow, the website where programming enthusiasts get to ask and answer questions, went down for about an hour Sunday, February 16 due because of a DDoS attack on its network provider, TechCrunch reported.
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Miami, Florida-based healthcare analytics startup QualMetrix raised an undisclosed amount in its Series A funding round to continue its expansion efforts through acquisition of other related companies.
Yahoo has acquired Distill, a technical recruiting company that aims to take out the hassle of the hiring and recruiting process. The startup is backed by Felicis Ventures, China's Innovation Works and DN Capital, TechCrunch reported.
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Silk Road 2 moderator Defcon said that hackers have carried away more than 4474.26 bitcoins from the online marketplace after exploiting a transaction malleability bug, TechCrunch reported.
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
San Francisco-based startup Mode Analytics secured $375,000 in fresh capital from unnamed investors citing a filing submitted to the US Securities and Exchange Commission.
The Boston College Venture Competition or BCVC hosted the second year of the Startup Career Fair this week with over 30 tech startups taking part of the event, The Heights reported.
PayPal is shuttering the doors of backend-as-a-service provider StackMob two months after it was purchased. StackMob's clients have until March 31 to transfer their data, VentureBeat reported.
