Facebook-owned software development platform Parse is rolling out a series of new products designed to simplify the process of building and maintaining mobile applications.
Facebook has acquired software development platform Parse, signaling the social networking giant's entry into a new business category: Premium application development tools and services. Financial terms of the deal were not disclosed, but multiple reports indicate the cash-and-stock agreement is valued at about $85 million
Big data looms large, not only in terms of sheer volume of data, but in terms of opportunity for those who leverage its potential. That's the thinking behind the investment direction of Data Collective, an early stage venture fund for big data and IT infrastructure.