London-based OneWeb, which aims to have a constellation of 650 internet delivery satellites in space by 2021, raised $1.25 billion in its most recent funding round. The round was led by SoftBank, Qualcomm, Grupo Salinas, and the Rwandan government.
Mobile Device Usage is a Threat to Data Security 74% of global IT leaders reported a data breach due to a mobile security issue. Discover how cybersecurity is shifting to meet the needs of a mobile world, and why it's critical to not fall behind. Learn how to protect your organization from mobile threats in The Convergence of InfoSec & Mobile.
Startups are going after the $15 trillion Treasury market by offering Treasury investors the transparency, speed and efficiency that have long been available for stocks. Last fall's market volatility, which stimulated demand for more liquidity, helped them attract new interest, said Kevin McPartland of Greenwich Associates.
Igneous, which manages servers and related equipment for clients, recently raised $25 million. The company said it would use the capital to make "go-to-market investments" and to press ahead with product development.
Zeus, a short-term corporate housing startup, has raised $24 million. The company plans to bring more properties under its management, upgrade its landlord portal and enhance its cleaning and furnishing capabilities.
The National Highway Traffic Safety Administration is seeking public input about autonomous cars that do not have brake pedals or steering wheels. The agency is accepting feedback on a list of questions related to completely autonomous vehicles.
Maison Berger Paris, a fragrance company, has bought a startup that created an olfactory alarm clock. The company says its acquisition of Bescent, which developed the Sensorwake device, will help it broaden its indoor fragrance offerings.
Anil Advani, founder and managing partner of Inventus Law, reviews a few important characteristics of Indian entrepreneurship that could benefit founders in the US. "With the globalization of the industry, California's best and brightest can learn from Indian CEOs who have a different and more global perspective on business and technology," he writes.
Every year, the venture industry closes thousands of financing rounds with early- and growth-stage companies, creating tens of thousands of pages of legal documents. To save the industry time and money, NVCA has developed a set of model legal documents to serve as templates so that investors and entrepreneurs can spend less time focused on process and more time focused on growing their companies. The template model legal documents were put together by a group of leading venture capital lawyers. Each document is intended to serve as a starting point only, and should be tailored to meet your specific requirements. Visit NVCA's model legal document library.