Qualcomm Retail Services will become Gimbal Inc. in May. The competitor to Apple’s iBeacon will target retail stores and other venues looking to establish proximity based connections to their customers. Read more »
The Asian e-commerce giant is ponying up $215 million in a strategic investment that spreads its reach into the U.S. Now flush, Tango plans to staff up and accelerate its social… Read more »
The Orange Chef has raised $1.2 million in seed funding led by Google Ventures and Spark Labs. The company makes a kitchen scale that communicates with your iPad and a wealth… Read more »
Creating hardware not only means raising more funding than a typical app startup, but hiring manufacturing experts and building up infrastructure, according Nest founder Tony Fadell. Read more »
Caribbean mobile carrier Digicel’s strategic investment may provide a good indication of where Flint plans to take its mobile payments service next. Read more »
Though we may know little about mysterious mobile payments startup Clinkle, investors given a peek into its inner workings are seeing a lot to like. Sir Richard Branson has joined an… Read more »
Amdocs just bought Actix for $120 million, but it’s only the latest in a recent chain of mobile network optimization startup acquisitions, many for considerable sums. Read more »
TechStars Chicago kicked off its first demo day, highlight ten companies from across the tech spectrum. Online dating startups shared the stage with data analytics companies and gadget makers. Read more »
Straying from its usual small business focus, Belly launched pilot loyalty programs for big retail chains last spring. 7-Eleven was apparently impressed enough to invest in the company. Read more »