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Silicon Valley-based seed fund and incubator program 500 Startups has opened up applications for its 7th batch of tech companies. The startup accelerator founded in February 2011 by Dave McClure and a number of PayPal, Google, YouTube and Yahoo alums invests anywhere from $25,000 to $250,000 in early-stage tech startups.
Software defined networking market is on a rapid growth path and it is projected to surpass $35 billion by 2018, according to a new study conducted by SDN Central, Plexxi and Lightspeed Venture Partners.
In 2011, 431 million euros were invested in German seed and startup companies. From this, approximately 16 percent were made by foreign venture capitalists.
Social Point, the social games developer based in Barcelona, announced that it has closed a Series-B of $7.4 million led by Idinvest Partners.
Cloud Computing Survey Findings Show Strong Optimism on Cloud Adoption and Benefits, and Potential of Cloud BI to Address Remaining Challenges
The Pennsylvania Department of Revenue concluded that accessing prewritten software via the Internet is taxable, as long as the user is in Pennsylvania