Corning Inc led the $34 million Series B funding round for Cambridge, Massachusetts-based medical device maker NinePoint Medical Inc, a statement about the funding said.
Deals
Coupa Software secures $40M in Series F funding round led by Meritech Capital
Coupa Software, a cloud-based finance solutions provider, bagged $40 million for its Series F funding round led by Meritech Capital, a statement about the funding said.
Boston-based API startup MachineShop emerges from stealth with a $3M capital
Boston, US-based application programming interfaces (APIs) provider MachineShop Inc emerged from stealth mode and got $3 million as its first capital from a group of its customers to enable businesses to create their own middleware for Internet of Things.
China-based online food ordering platform Meican.com scores $10M in Series B round
Nokia Growth Partners led the Series B round for China-based online food service platform Meican.com which raked in $10 million, a statement about the funding said.
What3words adds $1M more to seed round
What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.
Latest News
Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.
San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.
Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.
Waltham, Massachusetts-based data security firm Verdasys landed $12 million in a new venture round for its market and product expansion as it named former McAfee executive Kenneth Levine as its new Chief Executive Officer (CEO).
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
Chatwala, a New York-based messaging app startup that puts users in control of conversations, has secured $625,000 from individual investors for its seed financing round, VentureBeat reported.
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.
