Author: dumbcapital

Google joins the race to $1 trillion

Google was already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company. Alphabet, Google’s parent company, substantially outperformed market expectations in its second quarter by bringing in $32.66 billion. That’s a 26 percent increase…

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Xage secures $12 million Series A for IoT security solution on blockchain

Xage (pronounced Zage), a blockchain security startup based in Silicon Valley, announced a $12 million Series A investment today led by March Capital Partners. GE Ventures, City Light Capital and NexStar Partners also participated. The company emerged from stealth in December with a novel idea to secure the myriad of devices in the industrial internet…

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