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image Washington D.C.-based startup EverFi has just raised $11 million in Series A funding from New Enterprise Associates (NEA), with participation from TomorrowVentures and independent investors including Michael Chasen, the CEO of

Thursday, 02 September 2010 17:21

LivingSocial Brings Daily Deals To The Hood

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One of the challenges of running a social commerce site these days is that there is just too much demand, from both local merchants wanting to give out deals and consumers who want to try them. There are only 365 days in a year, and the daily deal format limits each city to 365 deals a year.

Sites like GroupOn and LivingSocial are hitting those limits. GroupOn is expanding its inventory by

Thursday, 02 September 2010 16:32

Dell Withdraws From 3PAR Bidding War

image It looks like the bidding war for 3PAR could be over. Dell has just issued a release indicating that it will not increase its most recent $2 billion proposal to acquire 3PAR, and the company's has ended acquisition talks for the data storage company. Dell is entitled to receive a $72 million break-up fee from 3PAR upon the termination of its merger agreement. This morning, HP
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