Allovue, an education technology firm based in Baltimore, Maryland, received $800,000 for its seed funding round from Maryland Technology Development Corporation, Baltimore Angels and Shulman Ventures.
Corporations
CircleCI secures $6M in Series A funding from venture capital firm DFJ
CircleCI was able to raise $6 million for its Series A funding round from DFJ, a venture capital firm, according to VentureBeat which cited a company blog post.
PayNearMe secures $20M to allow cash lovers to make online transactions
PayNearMe, a company based in Sunnyvale, California that allows cash lovers to pay for their online transactions in cash, has raised $20 million for its fifth financing round, VentureBeat reported.
Former Citigroup CTO raises $1M for hardware startup Avegant on Kickstarter
Yobie Bejamin, the former Chief Technology Officer (CTO) of Citigroup, raised $1 million on via crowdfunding platform Kickstarter for hardware startup Avegant's new kind of headset called Glyph.
Despite emerging market concerns, aerospace firms still betting in Asia- report
Planemakers are looking forward to inking billions of dollars in deals at an aerospace gathering in Singapore next week despite worries about the turmoil in emerging markets, Reuters reported.
Latest News
San Francisco, US-based online real-time restaurant reservation platform OpenTable acquired Palo Alto, California-based personalized recommendations app maker Ness Computing in a deal valued at $17.3 million.
Y Combinator, SV Angel, Max Levchin and other investors provided seed funds amounting to $2 million to San Francisco, California-based "pre-commerce" platform Celery to help grow the team and develop its storefront features.
Teqcycle Solutions, a Munich-based firm that provides mobile devices trade-in and reuse solutions, has bagged an undisclosed investment from T-Venture Holding, a subsidiary of Deutsche Telekom.
A fintech incubator has just been rolled out by pan-European accelerator Startupbootcamp in London. The FinTech bootcamp is backed by big names that include Lloyds, Rabobank and MasterCard, TechCrunch reported.
Birdback, a London-based fintech startup, has obtained $2.4 million in its funding round led by Passion Capital and joined in by Paul Nikkel, Luke Johnson, Playfair Capital and #1seed, TechCrunch reported.
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.
Sussex, Wisconsin-based commercial printing firm Quad/Graphics Inc bought Boston-based family-owned printing business UniGraphic Inc for an undisclosed amount as part of its expansion strategy via acquisitions.
London, UK-based engineering and support services firm Babcock International Group added Oman-based oil and gas training organization National Training Institute (NTI) for an undisclosed sum to extend the latter's training services to the UK.
Japan-based Sumitomo Corp agreed to acquire Australia-based Emerald Agribusiness Group Pty. The purchase allowed the Japanese trading firm to control the storage facilities and export terminal of Emerald, Bloomberg reported.
