On May 20th, Yahoo confirmed that it will buy Tumblr for $1.1 billion with mostly cash and will close in the second half of 2013. One notable aspect of the deal, however, is that Yahoo’s price and Tumblr’s implied valuation is 85x Tumblr’s $13M of revenue. Makes one wonder what other sort of valuations are reasonable for […]
Computer Services, Inc., also known as CSI, is a provider of an online banking platform to over 140 financial institutions and recently announced that it will begin using Duo Security’s two-factor authentication across its platform. Customers will have the choice to opt-in for two-factor authentication, which helps prevent potential cyber fraud. To read more in-depth […]
Resonant portfolio company, Precog, has come out of beta with a bang: announcing three new market solutions for those seeking to conquer data challenges. Not only does Precog allow users to use data without transforming it into a relational format but it also creates visualizations, charts and reports for easy use. To read a more […]
Resonant is pleased to announce its investment in Orchestrate. Orchestrate provides an API service that eliminates the need to deploy databases when building new applications, or adding new features to existing applications. You can start using Orchestrate.io in minutes to add location, search, activity stream, and recommendation features to your apps. Head over to Orchestrate.io […]
When a hurricane or tornado hits, what are the trees most likely to survive? The ones with the deeper roots naturally. And so too is the case when it comes to an entrepreneur’s relationship with his/her VC. Entrepreneur-turned-VC Mark Suster details the critical value that broadening one’s relationship with a VC firm can have for […]
In a very brief but concise study conducted by some British scholars, we finally have a little better insight into why some people fear technology. Although it is a 5-second video, we can only assume the finest statistical modeling and most stringent research went into producing this brilliant masterpiece of a study. To watch and […]
Just as the technology behind the startup landscape changes, so too have the venture capitalists. The most prevalent trend within venture capitalism has been an increasing emphasis on operating experience–in other words, people who have scaled up a startup of their own and are intimately familiar with the field. To read more about this shift, […]
The Ann Magazine wrote a feature article covering Ann Arbor’s thriving entrepreneurial landscape. Among the entrepreneurs and startups featured were Jen Baird of Accio Energy, Dug Song of Duo Security and DeepField, all of whom are members of Resonant’s portfolio. To read the full article, click here.
The University of Michigan has been granted $1.5mm from the National Science Foundation to administer an entrepreneurial training program called I-Corps, which is launching this spring. The goal of the program is to put Michigan tech startups on a fast-track path and the initial class will include 25 teams of three members each. To read […]
Resonant portfolio Precog has received a great write up which summarized both its background, history and all of its product offerings by the CEO of Decision Management Solutions and technology analytics expert, James Taylor. To read the full writeup, click here.