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Charles River Ventures raises $375 million startup fund

Charles River Ventures today announced that it's keyed in a $375 million fund to continue its investments in technologies.

CRV intends to focus investments from its latest fund on startups with, "disruptive technologies, teams and business models." Startups like Hubspot, Vlingo, Yammer and Zendesk, all count themselves among CRVs investments.

"CRV has seen consistent liquidity from our portfolio over the last decade, with 21 major liquidity events, IPOs and company acquisitions since the collapse of the bubble," said CRV general partner Izhar Armony.

In addition to its strong startup portfolio, CRV boasts a number of … Read more

Honda reveals bolder, more fuel-efficient CR-V crossover concept

Honda today released an image of the new CR-V crossover concept; this is the fourth generation of the popular vehicle. The new crossover has a bolder look and more fuel-efficient engine options.

The Japanese automaker revealed the latest CR-V in a press release, along with the announcement that the CR-V will be available in the United States by the end of 2011, and in Europe in Autumn 2012.

The new crossover has a more aggressive look compared with the previous model. The CR-V features deeper sculpting of the body lines and a bolder front fascia.

According to Honda, the new … Read more

Consumer Reports rate some Japanese used cars as 'more reliable'

In the market for a used car? Here's some good news. Consumer Reports today released its list of used cars that rate as more reliable than their brand-new counterparts.

The Consumer Reports' Annual Auto issue lists 11 2008 models with about the same or even fewer problems than comparable 2010 models. That list includes the 2008 Toyota FJ Cruiser and Yaris with a reported 11 and 12 problems per 100 vehicles, respectively. Although Consumer Reports reveals the average 2010 car had 13 problems per 100. Consumer Reports did not rate the FJ Cruiser and Yaris with high in road … Read more

Superwide 43-inch NEC display is super-expensive

Remember those "wider is better" Pontiac commercials from several years back? NEC will probably need a marketing campaign at least as effective (was that one even effective?) to sell the following behemoth.

On Thursday, NEC officially announced its CRV43 monitor, a 43-inch curved display with a 32:10 aspect ratio and native resolution of 2880x900.

NEC says the display will be available in July with a street price of $8,000. That's right, $8K for a single monitor. Not sold? Will never be sold? Are sold but won't have the money until you finally pull off … Read more

Review: 2009 Honda CR-V EX-L 4WD with Nav

The external aesthetic of the 2009 Honda CR-V mixes the Honda Civic's space-age design with the face and bulk of a bulldog. Although you may never catch us calling the CR-V attractive, its looks aren't offensive. More importantly, spend some time behind the wheel and you'll see that the CR-V manages to combine the sporty ride and handling of a small sedan with the utility of a small SUV while making few, if any, compromises.

In its EX-L with Nav trim level, the CR-V has an extra trick up its sleeve in the form of a DVD-based … Read more