In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
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Salesforce adds General Colin Powell to Board of Directors
The Board of Directors of Salesforce.com now has its 11th member in the person of General Colin Powell, a highly-accomplished four-star general in the US Army, TechCrunch reported.
Synthesio raises $20M from Idinvest Partners for Series B funding round
Social media tracking and analysis firm Synthesio bagged a $20 million Series B round from European private equity firm Idinvest Partners, a statement about the funding said.
Secret bags $8.6M in Series A round
Secret, the widely-popular anonymous social sharing app, has obtained $8.6 million in its Series A funding round from a sizable number of investors, TechCrunch reported.
500 Startups invests in online grocery site ChalDal, its first investment in Bangladesh
Dhaka-based online grocery site ChalDal secured an undisclosed seed investment round from 500 Startups. This is the first investment in Bangladesh of the California-based accelerator, TechCrunch reported.
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Coull, a Bristol-based online video ad tech firm, has received $4 million from Paul Fraser and other existing angel investors for its latest funding round, TechCrunch reported.
Xapo has obtained a $20 million funding from Benchmark Capital, Fortress Investment Group Llc and other investors to keep Bitcoins safe and secure, TechCrunch reported.
San Francisco, US-based real-time economic data tracking platform Premise nabbed $11 million in a Series B funding round led by Social+Capital Partnership to continue tracking prices of food staples in Asia, Latin America, US, and Europe.
Shadow Networks, the company that focuses on "Advanced Threat Deception," has raised $10 million from Paladin Capital Group, Yaletown Venture Partners and tow other investors, TechCrunch reported.
Boston, Massachusetts-based cable television firm Layer3 TV raised $21 million in a Series A funding round led by North Bridge Venture Partners and Evolution Media Growth Partner.
In an effort to iron out the differences they have with the crowdfunding community, payments platform PayPal has implemented changes on their crowdfunding policies, VentureBeat reported.
Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.
Venture capital investors are competing with each other to support promising startups, particularly those outside the US, as young companies now have more access to capital, VentureBeat reported.
Chennai, India-based local language speech-based software solutions provider Uniphore Software Systems grabbed an undisclosed amount of funding from angel investors Indian Angel Network, Ray Stata, and YourNest Angel Fund for its international expansion.
