AAA November 2013 – Page 5

Europe ‘creates’ high tech vision in Vilnius

Vilnius, capital of the Baltic state of Lithuania, has just finished hosting ICT 2013, a three-day event dedicated to the potential role of information and communication technology (ICT) in solving Europe’s societal challenges. Organised by the European Commission in partnership with Lithuania, current holder of the six-month rotating Presidency of the Council of the European… Continue reading Europe ‘creates’ high tech vision in Vilnius

Bitcasa bites off $11m

Bitcasa, a US-based technology company which provides cloud storage for consumers, has raised $11m supplemental series A funding led by existing investors Horizons Ventures, the Hong Kong based investment firm of Mr. Li Ka-shing, and venture capital firm Pelion Venture Partners. The funding will be used to accelerate product development and to pursue international expansion.… Continue reading Bitcasa bites off $11m