TechFlash: Series A funding crunch be damned, VCs say full speed ahead!

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January 6, 2014

Series A funding crunch be damned, VCs say full speed ahead! Seed funding by venture capital firms hit a four-year high in 2013, according to a new report, despite growing concerns about pending Series A financing crunch. Accel-KKR sells Kana Software to Verint for $514M Accel-KKR said on Monday that it will sell Kana Software to Verint Systems for about $514 million in cash. Amprius raises $30M to develop longer-lasting batteries Battery startup Amprius has raised $30 million in Series C funding. Good Technology raises half of new $10M funding round Good Technology closed out 2013 with a $5 million funding infusion, the company disclosed on Friday. Pinterest buys ex-Googler's startup VisualGraph Pinterest has bought up a small San Francisco startup named VisualGraph in a move that should help with its visual search and image recognition technologies. Snapchat hires first D.C. lobbyists amid data-hack damage control Mobile photo-sharing startup Snapchat has hired its first Capitol Hill lobbyists following a New Years data hack that exposed the personal information of some 4.6 million users. More founder & funder news Robert Scoble says Google Glass is doomed Stanford gets $90 million Ludwig grant for cancer research - San Francisco Zynga's Bitcoin experiment a great success ... for Bitcoin Sometimes VCs need a support group too - Portland Where has all the tech talent gone? Execs want to know - Seattle

Cromwell Schubarth Senior Technology Reporter cschubarth@bizjournals.com 408.299.1823 Connect with us SVBJ Tech News The Yahoo News expansion continues: new hires from The Daily Beast, The Atlantic Google officially teams with Audi, Honda, GM on in-car Android Roku-powered smart TVs coming? Facebook sued over alleged private message scanning Nvidia advertises new chip via crop circle Apple's yearly smartphone market share dips on rival growth

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