Tech

3 Princeton grads just got $133 million from Silicon Valley’s hottest investors for a cryptocurrency that could actually replace money

Basis, a startup from three Princeton graduates, wants to create a cryptocurrency of the same name. The company just raised $US133 million in a round backed by prominent firms including GV (formerly Google Ventures), Bain Capital Ventures, Lightspeed Venture Partners, Andreessen Horowitz, and Sky Capital. Basis says it’s creating a […]
3 Princeton grads just got $133 million from Silicon Valley’s hottest investors for a cryptocurrency that could actually replace money
Tech

Red Hat explains its $250 million purchase of a hot Google-backed startup

Red Hat announced it will pay $US250 million for CoreOS, a Google-backed developer technology startup. CoreOS is one of the most visible companies in the market for Kubernetes, a Google-created technology for managing software containers. CoreOS CEO Alex Polvi tells Business Insider that not much is going to change, and […]
Red Hat explains its $250 million purchase of a hot Google-backed startup
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