Andreessen Horowitz, others launch Big Data incubator A new Big Data lab called Data Elite was announced on Thursday, backed by Andreessen Horowitz, Joe Lonsdale's Formation8 and a group of other top venture and tech leaders. Here's the Bay Area lineup at this year's Demo Fall Smart helmets that give bikers eyes in the back of their heads, a who's who database for Google Glass wearers and software that reads video watchers' facial expressions. Buy stock in NFL stars like Arian Foster? There's an IPO for that Fantasy sports just got real. Now you can invest in stocks that give you a piece of athletes' future earnings, thanks to a Bay Area startup. 5AM Ventures raising $240M for new fund Life science venture investor 5AM Ventures disclosed in a regulatory filing on Thursday that it is raising $240 million for a new fund. 500 Startups looking to raise $100M 500 Startups, the accelerator that just last month closed a funding round with $44.1 million, short of its $50 million target, is going back for another $100 million. ParStream raises $8M for real-time databases ParStream, a startup that provides real-time databases on massive amounts of data collected daily by businesses, has raised $8 million in Series B funding. University of Phoenix parent takes on ed tech startups Facing declining revenue, lagging enrollment numbers and ongoing challenges to the academic credentials of its subsidiaries, the parent company of the for-profit University of Phoenix is seeking greener pastures with online corporate education. |
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