Cult video gaming firm closer to IPO

Leading video game hardware company Razer has secured $50 million from a Beijing-based venture capital fund that takes it potentially closer to a public listing, the company said Wednesday.

New TechCrunch editor named after founder flap

AOL named a new editor for popular US technology blog TechCrunch on Monday after 10 days of uncertainty and controversy over the fate of the founder of the site, Michael Arrington.

Tech blog TechCrunch in tussle with parent AOL

Less than a year after its acquisition by AOL, leading technology blog TechCrunch is involved in a tussle with its new parent company over journalism ethics and editorial independence.

Venture-cap investments rise in second quarter

(AP) -- Venture capitalists invested more in U.S. startups in the second quarter than they did during the same period a year ago, suggesting that investors are ramping up their search for the next Facebook or Twitter.

NYC fires shot at Silicon Valley tech dominance

(AP) -- Mayor Michael Bloomberg is firing a shot across the bow of Silicon Valley, saying New York City's efforts to attract a new science and engineering campus will help the metropolis surpass the California region as ...

$138 million in funding for Gilt Groupe

Online private sales company Gilt Groupe said Monday that it has raised $138 million in new funding led by Japan's Softbank Group.

Venture-cap investments fall 7 percent in Q4

(AP) -- Funding to startups slipped in the fourth quarter of 2010 as venture capitalists funneled less money into fewer companies, with biotechnology taking the brunt of the drop-off, according to a study slated for release ...

Andreessen's venture fund nears $1 billion

(AP) -- A venture capital fund run by Internet browser pioneer Marc Andreessen and his longtime business partner, Ben Horowitz, has raised another $650 million as the firm looks for opportunities in technology startups.

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