Posts tagged “E-commerce”
Barbara Corcoran is putting her money where her opinions have been: On the line in Raleigh startup WedPics, a fast-growing photo sharing service. She's said on the show she likes Wed Pics. Now she confirms investing $20,000 in Justin Miller's company.
WedPics founder and CEO Justin Miller laughingly refers to himself as that "tattooed guy" when he talks about what some investors have called him. Now he should be called the "Silicon Valley-approved tattooed guy" after WedPic's latest financing. But he also got plenty of help from friends in the Triangle in lining up big-name investors. How did he leverage that networking? And what did one early backer do to help? What are the lessons for other Triangle startups? Our Insiders get the story.
Raleigh-based photo sharing service WedPics pulls in $4.25 million in new funding and plans to "massively scale the company," says CEO Justin Miller. He's also looking to hire, growing WedPics staff by some 25 percent.
Uber raised $1.2 billion in its latest round of funding from venture capitalists, a sign investors were little fazed by the ride-hailing app's recent spate of bad publicity over privacy violations and its corporate culture.
Apple attorneys have raised an eleventh-hour challenge that could derail a long-running, class-action lawsuit. The lawsuit is over Apple's use of restrictive software that kept iPods from playing digital music sold by competitors to its iTunes store.
The latest ecommerce data is in and it shows a record-setting "Cyber Monday" with sales topping $2 billion for the first time. But Scot Wingo, CEO of global ecommerce services firm ChannelAdvisor, says buyers have definitely "shifted forward" to buying earlier in order to cash in on deals.
Traveling by plane, train or automobile can be a headache. Mixing in Thanksgiving can make it a throbbing migraine. Technology provides some pain relief in the form of apps to let you know which roads are clogged, what gate your flight leaves from and whether trains are running on time.
Raleigh-based digital marketing agency Click Optimize Creative Group is looking to hire as many as 30 people following its acquisition by Healthgrades. COCG and its core management team will remain in Raleigh as the company expands under new ownership.
Uber regulation coming in NC?; IBM's $1.25B outsourcing deal; GSK Ebola vaccine update; FTC says TRUSTe deceived consumers; SAP to pay Oracle $359M
In today's Bulldog wrapup of tech and life science news: A N.C. General Assembly committee is to discuss possible Uber regulations; IBM lands a $1.25 billion outsourcing deal with Lufthansa; GSK's Ebola vaccine is safe in early tests; the FTC settles complaint with TRUSTe; and SAP will pay Oracle $359 million to settle a long legal battle.
Appia, a provider of mobile user acquisition services with an international customer base, is being sold to California-based Mandalay Digital for $100 million in a stock deal. It's the second "exit" for Appia founder Jud Bowman.
Durham startup Appia, founded by Jud Bowman six years ago, is becoming part of Mandalay Digital in a stock deal worth some $100 million. Why sell? Bowman knew Mandalay as a business partner and in a conference call he told analysts: "[T]he revenue metrics from our partnership with Mandalay Digital are better than anything we've seen to-date. It's so great that we wanted to be a part of it." Read why Bowman made the deal in his own words.
Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Thursday, Nov. 13, 2014 as curated by @WRALTechWire.
Scot Wingo, co-founder and CEO of global ecommerce services provider ChannelAdvisor and an angel investor' is making a play in the mobile app space. He's backing Spiffy, a Triangle-based mobile car wash venture powered by a mobile app. ExitEvent's Laura Baverman has the details.
TransEnterix exec leaves; Red Hat adds former GE exec to board; IBM sees big mobile shopping record; AT&T-Verizon on VoLTE; Google's $1B NASA deal
In today's Bulldog wrapup of science and technology news: The COO at TransEnterix has resigned; Red Hat adds a woman to its board; IBM sees big mobile shopping season; AT&T and Verizon talk next-generation wireless voice service; and Google signs a $1 billion lease with NASA.
The dark web poses new and formidable challenges for law enforcement agencies around the world that have been dealing for decades with more conventional international drug trafficking. The reach and anonymity of these 21st century Internet operations is difficult to penetrate. Silk Road and copycats on the TOR network are not readily visible through popular Internet search sites. The buyers and sellers don't exchange cash, dealing instead in often untraceable digital currencies, usually Bitcoin. So there are no banking records for investigators to subpoena.
Big news for The Startup Factory comes in the form of its first 'exit:" Arcametrics, which focuses on predictive modeling, is now part of Adroit Digital. "We are pretty psyched that two and a half years (after launch) we have our first exit," say TSF's co-founders.
Global ecommerce services provider ChannelAdvisor is expanding its product suite through an acquisition. The Morrisville-based company says it is buying E-Tale Holdings, a U.K.-based firm offering "Where to Buy" technology. Meanwhile, its latest earnings report lifts shares.