The latest from TechCrunch
- IBM Acquires Cloud Computing Integration Company Cast Iron Systems
- Intel Capital Invests $15 Million In Caring.com, SmartZip And Virtustream
- Apple: Can We Stop With The "Magical" Already?
- Want More Women In Tech? Girls, Step It Up. Everyone Else, Quit The Patronizing
- Something Is Brewing At BumpTop, Possible Google Acquisition (Update: Confirmed)
| IBM Acquires Cloud Computing Integration Company Cast Iron Systems | Top |
| IBM has acquired cloud computing startup Cast Iron Systems to "broaden the delivery of cloud computing services for clients." Cast Iron Systems provides a SaaS cloud integration software. Financial terms of the deal were not disclosed. Cast Iron Systems' software-as-a-service provides cloud computing integration appliances for large and midsize companies, including Allianz, NEC, Peet's Coffee & Tea, Dow Jones, Schumacher Group, ShoreTel, Sports Authority, Time Warner, Westmont University and others. The startup has capitalized on the growing trend of companies running key business applications through software as a service models and cloud deployments. | |
| Intel Capital Invests $15 Million In Caring.com, SmartZip And Virtustream | Top |
| The investment arm of Intel, Intel Capital, has announced three U.S.-based investments totaling approximately $15 million today. The deals include eldercare website Caring.com , real estate investment ratings provider SmartZip Analytics and virtualization infrastructure services provider Virtustream. Intel did not reveal the breakdown of the $15 million between the three startups. Caring.com is an informational site for family caregivers seeking more information about eldercare. Its content includes articles, advice from experts, a community of caregivers and a comprehensive directory of eldercare services. Caring.com plans to use the funding towards building a local eldercare services directory and new marketing programs. Real estate analytics focused startup SmartZip Analytics offers independent investment ratings and analysis on over 70 million U.S. residential properties. The site is used to find and compare properties to buy. Virtualization startup Virtustream provides strategy, integration and managed services utilizing virtualization technologies, and xStream, the company’s cloud platform. The investments were part of Intel’s recently announced $200 million Intel Capital Invest in America Technology Fund, aimed to support investment in U.S.-based startups. Intel Capital has also made investments earlier this year in educational gaming company Tabula Digita, Carrier Ethernet solutions provider Overture Networks and advertising technology company BlackArrow. CrunchBase Information Intel Capital Information provided by CrunchBase | |
| Apple: Can We Stop With The "Magical" Already? | Top |
| In doing a survey of history, a few things could be called "magical and revolutionary" products. These include, but are not limited to, Pegasus, pasteurized milk, the polio vaccine, Apollo 11, and that blue stuff you put your combs in at the barber. And, as much as I like the iPad , I feel that Apple's dedication to the "magical" party line is a bit disingenuous. According to the Free Dictionary, the word magical is defined as: mag·i·cal (mj-kl) adj. 1. Of, relating to, or produced by magic. 2. Enchanting; bewitching: a magical performance of the ballet. By this definition, nothing in the above list except perhaps the actual flight of Apollo 11 (in that it can be set to a lilting classical piece or, barring that, something by Enya) and/or Pegasus would be considered magical. The polio vaccine and Barbicide are useful and, some would argue, absolutely essential but I'm sure, through the use of magic, Dumbledore could easily replace them with a flick of his wand. | |
| Want More Women In Tech? Girls, Step It Up. Everyone Else, Quit The Patronizing | Top |
| This is a guest post by Eileen Burbidge ( @eileentso ) , an early-stage tech angel/investor and advisor. This is part one of a three part series she is writing on her blog . Currently establishing White Bear Yard in London for technology innovation and startups, she is also an advisor to Ambient Sound Investments and has held senior leadership roles at Yahoo!, Skype, PalmSource, Openwave, Sun Microsystems, Apple and Verizon Wireless. There have been recent calls to give more women a chance within tech; there are calls [presumably to men] to take women more seriously and to work harder at recruiting and attracting women into tech in order to overcome systemic bias in the "system" . I take issue with these approaches and perspectives firstly because I find them patronizing and secondly because I think the call to action is directed at the wrong place. | |
| Something Is Brewing At BumpTop, Possible Google Acquisition (Update: Confirmed) | Top |
| Update : BumpTop now confirms it was acquired by Google, terms were not disclosed. The company raised $1.65 million in seed funding from Canadian angels and VCs, and the purchase price is rumored to be between $25 million and $35 million. Rumors are swirling that 3D desktop interface Canadian startup BumpTop has been acquired by Google. We started getting tips yesterday pointing to a now-deleted Tweet from a Canadian VC saying Google had acquired them. When I called CEO Anand Agarawala on Friday to ask if BumpTop was acquired, he responded, “Not that I know of.” But today, there is a notice on BumpTop’s homepage saying that it will discontinue its current products and has a big announcement coming: Today, we have a big announcement to make: we’re going to be taking BumpTop in an exciting new direction, which means that BumpTop (for both Windows and Mac) will no longer be available for sale. Additionally, no updates to the products are planned. Also, there is now a post by Canadian venture debt firm Wellington Financial speculating that Google did indeed buy them. When I reached out again to Agarawala today, asking whether or not Google acquired his company, his response changed from his previous outright denial to, “Sorry man, no comment.” Something is definitely up. BumpTop has a 3D desktop interface, and recently added multi-touch capabilities (see video demo below). It would look great on a future Android or Chrome OS tablet, just sayin’. I’ve reached out to Google for confirmation. Update 2 : Google also confirms. CrunchBase Information BumpTop Google Information provided by CrunchBase | |
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