Symantec on Bloomberg West with Emily Chang - James Beer, CFO speaks

James Beer, chief financial officer at Symantec Corp. talks about the outlook for the company's computer and mobile security software markets. Beer speaks with Emily Chang on Bloomberg Television's "Bloomberg West."

Dropbox Raising Round at a $5B+ Valuation - Dropbox looking to raise $200M-$300M according to industry sources

Dropbox is said to be in discussions with investors to raise between $200 million and $300 million with a $5 billion-plus valuation, TechCrunch reports. Allen & Co. is said to be one of the investors involved in talks. San Francisco-based Dropbox has already had offers at a valuation of $2 billion and up. The company's previous funding rounds totaled only $7.2 million, TechCrunch notes.

Story of Dropbox
Dropbox was founded in 2007 by Drew Houston and Arash Ferdowsi. Frustrated by working from multiple computers, Drew was inspired to create a service that would let people bring all their files anywhere, with no need to email around attachments. Drew created a demo of Dropbox and showed it to fellow MIT student Arash Ferdowsi, who dropped out with only one semester left to help make Dropbox a reality. Guiding their decisions was a relentless focus on crafting a simple and reliable experience across every computer and phone. Drew and Arash moved to San Francisco in fall 2007, secured seed funding from Y Combinator, and set about building a world-class engineering team. In fall 2008, Sequoia Capital led a $7.2M Series A with Accel Partners to help bring Dropbox to people everywhere.

Heartrate App Scores Funding Fix - Azumio raises Series A round from Accel, Founders Fund

Azumio (http://www.azumio.com), the developer of biofeedback apps for smartphones, has announced that it has raised $2.5 million in Series A funding from Founders Fund, Accel Partners and Felicis Ventures. The company will use the new investment to expand its product development.

Azumio is the creator of Instant Heart Rate, the world's most popular biofeedback app, which uses your phone's camera and flash to instantly and conveniently monitor your heart rate. In the nine months since its launch, Instant Heart Rate has been downloaded more than 8 million times.

Azumio is a venture-backed company that is co-founded by scientists and technology pioneers. Azumio's CEO Bojan Bernard Bostjancic, Ph.D., is the former President at Telsima, which was acquired by Harris; and cofounder of Livecliq, mobile video startup. Bojan worked at CERN, the birthplace of the World Wide Web. Co-founder Peter Kuhar, CTO, previously developed low power wireless devices with Modula and secure mobile payments with Halcom, among others.

Evernote Raises $50MM from Sequoia and Morgenthaler

From Company's PR: "Evernote, the company that's helping the world remember everything, announced a new, $50 million round of funding led by Sequoia Capital, with participation from Morgenthaler Ventures. The new funds will be put towards an aggressive growth and acquisition strategy centered on expanding the company's offerings. Roelof Botha of Sequoia Capital will transition from an observer seat to becoming a full member of Evernote's Board of Directors.

In just three years, Evernote has grown to over 11 million users by allowing individuals to easily capture their life's work using any computer, phone or tablet. The company also has a large, worldwide developer community comprised of over five thousand developers building Evernote-integrated applications, services and devices.

"The fast pace of our organic growth, adding more than a million users in just the past month, shows that people really want to manage and simplify their lives," said Phil Libin, CEO of Evernote. "And even though we've built a profitable and successful business in the past three years, we still have a long way to go to achieve our goal of becoming everyone's second brain. Having this new investment, and Sequoia Capital as a full business partner, will allow us to improve and multiply our products in exciting ways."

"People are flocking to Evernote and, more importantly, are intensely loyal and active users of the service," said Roelof Botha, Partner at Sequoia Capital. "Phil and his team exemplify what can occur when a compelling and distinctive product, that consumers happily pay for, is matched with a rapidly growing market in mobile computing. Evernote is a true cross-platform, cross-geo service that delights its users everywhere."

In order to expand its offering, Evernote has hired Ken Gullicksen to lead its corporate development and acquisition strategy. Prior to joining Evernote, Ken was a partner at Morgenthaler Ventures and served on the board of numerous technology companies, including Evernote."