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Atlanta security software firm Damballa pockets $13M in funding for growth
Atlanta, US-based security software provider Damballa pocketed $13 million in venture funding from its existing investors to beef up its sales force and support its growth campaign in North America.
GitHub co-founder Tom Preston-Werner steps down after harassment allegations
Tom Preston-Werner, the co-founder and president of San Francisco, US-based social coding network, stepped down from his position after former employee Julie Horvath claimed she experienced gender-based harassment and retaliation in the company.
Blucora acquires US-based explainer site HowStuffWorks for $45M
Bellevue, US-based Internet business operator Blucora acquired Atlanta, Georgia-based explainer site HowStuffWorks in a deal valued at $45 million in cash from Discovery Communications, which had bought the site in 2007 for $250 million.
Beats Music looks to raise more funding to take on Spotify
Santa Monica, US-based music streaming service Beats Music is looking to raise between $60 million and $100 million in a new funding round in a bid to keep up with bigger rival Spotify, as the Beats Electronics spin-off failed to attract the targeted number of subscribers since its January launch.