his week, 70,000 attendees will descend on Barcelona for the annual mobile techie Fiesta known as the Mobile World Congress . Among the 1500 exhibitors, more than 10% are from Israel, the third largest contingent of any country at the show.
Despite the ominous predictions saying that VC funds will have difficulty raising more money this year, Lightspeed Venture Partners has announced the closing of its eight fund (Lightspeed Venture Partners VIII), oversubscribing its $675 million target by $125 million reaching a grand total of $800 million. The recent round puts Lightspeed Ventures at $2 billion …
Continue reading “Lightspeed Venture Partners Oversubscribes Its Eight Fund, Raised $800M”
On May 19-20, Globes, DEMO and Red Herring will be holding a startup competition at the Israel Venture Association (IVA) conference. Each startup will have six minutes to present and the winner will receive automatic entry as a finalist at Demo Germany, a profile on Red Herring Magazine and the Israeli media. This is the …
Continue reading “12 Israeli Startups To Compete At The IVA Finals”
How many times have you sat down with your overpriced Starbucks soy latte and the internet couldn’t connect? Apparently too many times, because Starbucks decided to do something about it. In an official press release, Starbucks got rid of T-Mobile and announced plans to deliver AT&T Wi-FiSM service at more than 7,000 company-operated Starbucks locations …
Continue reading “WIFI Headlines: Starbucks Dumps T-Mobile, WeFi launches Mobile and Facebook Apps”