TechFlash: Steve Case on what the 'Rise of the Rest' tech hubs means for Silicon Valley

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January 27, 2014

Steve Case on what the 'Rise of the Rest' tech hubs means for Silicon Valley Billionaire AOL co-founder Steve Case believes that 2014 will mark the first time that venture investments east of the Mississippi will surpass Silicon Valley's totals. How long will Silicon Valley VC firm Kleiner Perkins keep Perkins' name on the door? Prediction: Within six months, venture capital firm Kleiner Perkins Caufield & Byers will delete "Perkins" from its name. LiveOps raises $30M, buys Canadian company, to expand call center offerings Contact center software and talent company LiveOps has raised $30 million, bought a Canadian business intelligence startup and is splitting itself in two. Google pays $400M for artificial intelligence startup DeepMind Google is acquiring London-based artificial intelligence company DeepMind for a reported $400 million. Drug developer Achaogen files for $75 million IPO Antibacterial drug developer Achaogen Inc. filed Friday for a $75 million initial public offering aimed at funding its answer to a so-called "nightmare bacteria." Latest Yahoo acqui-hire is gaming startup Cloud Party Yahoo has made another acq-hire, scooping up browser-based game creation engine developer Cloud Party. Coming Up: SVForum venture year in review Last year was one to celebrate for many in the venture and startup world, with the highest number of IPOs in many years and funding hitting recent highs. More founder & funder news A new way: Foundation lines up generic heart drug for multiple sclerosis trial - San Francisco How Panorama Education got Mark Zuckerberg as a backer and picked Boston for its HQ - Boston Why CafePress wants the Super Bowl moved to a Saturday - Louisville 'Google-Bitcoin' entrepreneur launches a crypto-currency Craigslist YC alum WireOver builds 'super-secure' file sending in Cambridge - Boston

Cromwell Schubarth Senior Technology Reporter cschubarth@bizjournals.com 408.299.1823 Connect with us SVBJ Tech News Google, Samsung strike global patent pact Michaels becomes latest retailer to be hit by data breach Apple preps to challenge Paypal on mobile-payments Cabbies give insurance firms license data on citizen competitors Tesla's coast-to-coast supercharger network completed

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