The viral content site plans to expand its international and video reach. Chris Dixon, general partner at the Silicon Valley venture capital firm, joins as part of the deal.
Investment is the first VC infusion in the enterprise management startup since its founding in 2007.
The venture capitalist also has harsh words for the Obama administration, accusing the White House of "letting the American tech industry out to dry."
At a Bitcoin confab, the VC and Web world veteran lumps the Bitcoin-dissing business magnate in with "old white men crapping on new technology they don't understand."
Redmond finds an unlikely advocate cheering for its success in the smartphone wars: Marc Andreessen, whose Netscape once upon a time was done in by Microsoft and the IE browser.
Prominent venture capital firms Andreessen Horowitz and Sequoia Capital are expected to take part in the funding round.
Airware provides backbone technology for drones intended for commercial use.
The Brooklyn-based startup is offering a solution for off-the-grid travelers who need low-cost connectivity for their smartphone -- and it doesn't rely on satellites.
Latest move underscores an industry in transition -- especially as Microsoft and Google seek to expand their reach by driving down cloud computing prices.
Q&A: Jasper Technologies CEO Jahangir Mohammed explains why this nascent tech transition will profoundly reshape businesses around the world