Qualcomm Commits Up To $150 Million to Strategic Venture Fund in India

Qualcomm Incorporated (NASDAQ: QCOM) today announced its intention to invest up to $150 million in Indian startup companies across all stages as part of its commitment to India during a meeting with Prime Minister Narendra Modi at the Digital Economy event in San Jose. Qualcomm Ventures will advise and direct Qualcomm’s activities with respect to these strategic investments. Qualcomm has been investing in promising Indian… » Read More

Google, Microsoft, Qualcomm And Baidu Announce Joint Investment In CloudFlare

Source: Forbes by: Kate Vinton  Google, Microsoft, Qualcomm and Baidu have all joined forces in a strategic investment in CloudFlare. The five-year-old security startup announced Tuesday that the four Internet giants had all participated in Cloudflare’s latest $110 million funding round led by Fidelity. The strategic investment is evidence of CloudFlare’s vision to expand globally while honing in on mobile and enterprise. Today’s funding announced comes just over a week after CloudFlare unveiled a new partnership with Baidu… » Read More

Startups attract billions for ‘frontier tech’

Jennifer Van Grove | The San Diego Union Tribune What comes after mobile? The question is one venture capitalists and technology giants are racing to answer with billion-dollar guesses on nascent markets they think could mature into important platforms — as in, thriving Android- or iOS-like ecosystems with hardware that requires operating systems, software and must-have apps. Or, in other words, markets that have the potential… » Read More

Flush With $70M Cash, Cohesity Launches To Shake Up Storage

You know things are superheated in funding land when a company comes out of stealth already having secured not one, but two high-value funding rounds. That is the situation for Cohesity, a company that wants to shake up the storage world. Cohesity was founded a couple of years ago by Mohit Aron, regarded as the father of the hyperconvergence movement, an architecture that converged compute… » Read More

Pending Fitbit IPO to give Qualcomm a pay day

San Diego wireless chip maker invested in Fibit in 2013, owns a small stake Fitness device maker Fitbit released more terms this week about its pending initial public offering, including how the stock sale will lead to a pay day for Qualcomm. Fitbit, based in San Francisco, filed for an IPO last month with federal regulators but didn’t include key details. On Tuesday, it added… » Read More