Arkansas, US-based retail giant Walmart is planning to establish an e-commerce marketplace in India in a bid to compete with online retail giants for a share in India's e-commerce industry.
Country
Humint and Mastercoin Foundation propose Goxcoin to help Mt. Gox recover lost bitcoins
Goxcoin is the proposal that Humint and the Mastercoin Foundation have proposed that could potentially help Mt. Gox recover the bitcoins lost on its platform, TechCrunch reported.
UK advisor Patrick Rock arrested over child porn allegations
Patrick Rock, an advisor to UK Prime Minister David Cameron and one of the pioneers of the country's Internet filtering program, was arrested for allegedly possessing child pornography.
Field technician-focused CRM platform ServiceMax gets $71M in new funding
Cloud-based customer relationship management platform ServiceMax secured $71 million in its latest financing round led by Meritech Capital. ServiceMax is a platform specifically focused for field technicians, VentureBeat reported.
Clinicient secures $15M in Series C funding round
Clinicient, a cloud-based solutions provider based in Portland, Oregon, raised $15 million for its Series C funding round led by Catalyst Investors of New York, VentureBeat reported.
Latest News
Auburn, US-based disaster-proof hardware maker ioSafe Inc landed $2.5 million in funding to expand its indestructible external hard drives into network attached storage market for safer data storage.
Enrico Gaglioti, the Global Head of Equity Sales of Goldman Sachs Group Inc, will be leaving his post, Bloomberg reported citing an internal memo from the firm's co-trading heads.
New York, US-based YouTube monetization platform Audiam pocketed $2 million in a Series A funding round led by music industry big names Jason Mraz, Jimmy Buffet, Bill Silva, Brett Gurewitz, and Bad Religion.
Massachusetts, US-based Java PaaS (Platform as a Service) firm CloudBees snagged $11.2 million in its third funding round which was led by Verizon Ventures to fuel its revenue growth and global expansion.
A group of Ohio angel investors led the Series A funding round for Cleveland-based StreamLink Software which raised $3.5 million, a statement about the funding said.
Irvine, California-based real estate marketplace Auction.com nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
TrackDuck, a visual feedback provider for web design and development, has obtained €200,000 from Kima Ventures and Practica Capital for its seed funding round, TechCrunch reported.
