Consumer Web/Social Media
China-based 58.com Inc plans on acquisitions to improve services
Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.
Facebook snaps up New York conversation service startup Branch Media
Social media giant Facebook acquired New York, US-based social conversations platform Branch Media in a deal reportedly worth $15 million to form a Facebook Conversations group.
US-based call marketing firm Invoca secures $20M in Series C funding
California, US-based call marketing company Invoca raised $20 million in a Series C funding round led by Accel Partners for its workforce expansion and product development.
Izzie Lerer's animal-focused news site The Dodo launches after $2M seed round
Isabel Lerer, the daughter of Huffington Post co-founder Ken Lerer, launched her new animal-focused news site The Dodo after securing $2 million in a seed funding round led by Lerer Ventures.