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Business News Archive - October 31, 2012

Tailored Mobile Services Company Gets Boost In Funding

Mobile startup ItsOn announced on Tuesday that it has raised $15.5 million in series B funding from Venture capital firm Andreessen Horowitz, SV Angel and an investor group led by Jim Davidson.

Silver Tail Systems Acquired By EMC

Privately owned Silver Tail Systems will now become a part of EMCs RSA security division and will bolster the company’s Identity Protection and Verification (IPV) products.

Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.