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Silicon Valley Bank Opens U.K. Branch

The bank for some of America's most successful tech companies is looking to take advantage of the U.K.'s thriving start-up community. Silicon Valley Bank has crossed the pond.

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Detroit’s Hottest Start-ups

This scene is nothing like Silicon Valley, New York or Boston. We asked a few of the Motor City's finest to share the moments that define the way they work. Detroit's start-up scene may be as young and zealous as the start-ups that comprise it, but make no mistake, the city has a deep-rooted, roll-up-your-sleeves culture that has shaped its entrepreneurs from day one.

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Dropbox Raises $250 Million

Online storage start-up Dropbox raised $250 million for its expansion, one of the largest fundraising rounds in Silicon Valley this year. Online storage start-up Dropbox announced it has raised $250 million for its expansion, one of the largest fundraising rounds in Silicon Valley this year. The investment values the company at $4 billion.

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Easily Access Your Files Anywhere

At a Boston bus station in early 2007, Drew Houston opened his laptop to finish some work while waiting for his bus. As he turned on his computer, he froze. "I could see my USB drive sitting on my desk at home, which meant I couldn't work," the 28-year-old says.

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Lala Founder Unveils $41 Million Real-Time Photo-Sharing App Called Color

In December, rumors started floating that serial entrepreneur Bill Nguyen, who last sold online music company Lala to Apple in 2009, had purchased the domain Color.com for $350,000. Many wondered: Could this mark Nguyen's next (and eighth) business venture? "I did buy it, and I also bought the English spelling, Colour.com," Nguyen tells Fast Company with a smile.

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