TechFlash: Record year for drone, robot funding; Violin projects profit in 2015

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December 19, 2013

VCs placed record bets on future of drones, robots in 2013 It was a record year for funding and acquisitions in drones and robots with Amazon's unmanned delivery plans and Google's BigDog robotic buy this month putting an exclamation point on the trend. Violin Memory, after shakeup, projects profit in 2015 Days after firing its CEO amid huge stock-price losses, Violin Memory sent a holiday message of hope to investors that predicts a profit by 2015. How Rap Genius' technology is helping startups avoid lawyer fees Until a few years ago, clients calling Silicon Valley attorney Ted Wang with complex legal questions had few options other than paying him about $200 an hour to hit the books and find an answer. Datameer raises $19 million for data analytics expansion Datameer, the San Mateo company that makes online self service tools for analyzing data, has raised a $19 million Series D round of venture capital led by Next World Capital, a San Francisco growth... SeatGeek buys ticket rival Fansnap, shuts it down Online ticket startup SeatGeek has acquired FanSnap from Wize Commerce and shut it down. More founder & funder news Coinsetter CEO Jaron Lukasiewicz warns Chinese Bitcoin merchants Check out a crowdfunded LEGO car that actually works True Fit takes cue from Pandora & Netflix to improve online clothes shopping - Boston SLIDESHOW: 8 'smart bike' startups gear up VCs pick the worst buzzwords of 2013 - Washington, D.C.

Cromwell Schubarth Senior Technology Reporter cschubarth@bizjournals.com 408.299.1823 Connect with us SVBJ Tech News Facebook plans $4B stock sale; Zuckerberg may donate $1B of the take Target investigating massive breach of credit card data Tesla goes nameless in China — for now NSA spying prompts NetSuite to speed up European projects Oracle beats 'negative' Wall Street expectations

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