HackerEarth, an India-based platform that matches programmers with startups looking for technical talent, received a $500,000 from Angelprime for its seed funding round, TechCrunch reported.
Deals
Japan's Outsourcing Inc invests $5M in India's Alp Consulting
Tokyo, Japan-based staffing firm Outsourcing Inc invested $5 million (INR30 crore) for a majority stake in Bangalore, India-based search and staffing company Alp Consulting Ltd to gain access to the Indian market.
Virginia-based Alice Blue photo studio acquires New York's Nucleus Imaging
Richmond, US-based visual creation studio Alice Blue acquired New York-based multi-faceted post-production studio Nucleus Imaging, a bigger firm, for an undisclosed amount to expand into a new market.
US-based cybersecurity startup Shape Security pockets $40M in venture funding
Mountain View, California-based cybersecurity startup Shape Security pocketed $40 million in a venture funding round led by Norwest Ventures and Sierra Ventures to beef up its product offerings and its sales team.
Cybersecurity startup CounterTack closes Series B round with additional $3M to raise $15M
Cybersecurity startup CounterTack based in Waltham, Massachusetts closed its Series B funding round with an additional $3 million to bring the financing total to $15 million.
Latest News
Texas, US-based storage marketplace SpareFoot raised $10 million in a new funding round from Insight Venture Partners for the company's growth, product development, and expansion efforts in the storage industry.
San Francisco, US-based advertising technology startup AdStage bagged $1 million in funding from existing investor Digital Garage to increase its workforce and launch a new app partnership program.
New York, US-based online employment solutions provider Monster Worldwide acquired two recruiting startups, San Francisco's Talentbin and Boston's Gozaik, for an undisclosed sum for growth purposes.
Seattle, Washington-based filmmaker Freddie Wong broke Indiegogo's record for web series crowdfunding when he gathered $900,907 in total contributions on Saturday night for his Internet-based show Video Game High School (VGHS).
Makati, Philippines-based real estate investment firm Ayala Land Inc (ALI) bought out the 40% holding of Tokyo, Japan-based trading giant Mitsubishi Corp in Philippine Integrated Energy Solutions Inc (PhilEnergy) for an undisclosed amount.
Goldman Sachs and Credit Suisse were hired by Chinese Internet firm Sina to take care of the debut of its microblogging platform Weibo in New York, according to sources interviewed by the Financial Times.
Illinois, US-based agricultural giant Archer Daniels Midland (ADM) invested $25 million in equity in Menlo Park, California-based renewable chemicals firm Rennovia as its latest venture into renewable plastics.
West Perth, Australia-based public exploration and mining firm Golden Rim Resources raised $491,000 in placement to continue developing its Balogo project in Burkina Faso, Africa while the firm is still trying to determine other funding options.
San Jose, US-based networking giant Cisco invested $6 million in the Badia Impact Fund to back tech startups in Jordan as part of a $10 million venture capital investment already committed in May 2011.
