Venture tagged posts

Samsung wants to venture deeper into software and services business

Planning the next steps in total world domination, Executive VP for Samsung Electronics David Eun revealed that the company is expanding into software and services. This, of course, is in addition to the growing number of devices that the software will run on, ranging from smartphones to smart TVs, and even maybe smart appliances.

That Samsung is eyeing a deeper relationship with software seems only natural. It has practically inundated the market with its hardware, especially smartphones. Although Samsung will naturally deny it, innovation on hardware has slowed down a bit and the game seems to have switched over to the software arena.

Samsung is quite confident that it will equally be successful in software as it is in hardware, despite detractors saying that the company is a bit cluele...

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Moz’s $18 Million Venture Financing: Our Story, Metrics and Future

Posted by randfish

Today is a good day. Whether you're a Mozzer, a fan of what we've built, a Seattle-startup supporter or even tangentially involved in the field of web marketing, there's reason to celebrate. After 5 years of organic growth (from our initial funding in 2007) and two tough, failed attempts at financing (in 2009 and 2011), I'm excited to announce that SEOmoz has raised $ 18 million in venture capital from Foundry Group and Ignition Partners. Brad Feld from Foundry and Moz's COO, Sarah Bird will be joining the board as Gillian Muessig steps down to pursue new goals. Oh, and that chip on my shoulder about VCs is probably gonna shrink a bit. icon smile Mozs $18 Million Venture Financing: Our Story, Metrics and Future

You can find the official meme-based press release here...

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