New York-based Magisto picks up $2M from Russia's Mail.ru Group

Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.


ClubLocal closes $10.7M funding round

ClubLocal, a platform which allows customers to instantly book home repairs online now owned by Delaware-based Serviz Inc, completed a $10.7 million funding round from Groupon Inc and others.

Adbrain platform rolls out in private beta months after getting $1.5M seed funding

Adbrain has introduced its programmatic mobile audience buying platform in private beta with partners Annalect, The Exchange Lab, M& C Saatchi Mobile, Fetch and Somo having early access to it, a company statement said.

Chinese social media marketing firm closes second funding round led by Fosun

China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.


Latest News

New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.
Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.
Sydney, Australia-based accounting software maker Practice Ignition pocketed $650,000 in a seed round from investors such as MYOB co-founder Graig Winkler, for the expansion and development of the firm.
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.
Lea Lange talked with Magdalena Räth of VentureVillage about Junique, the design-focused platform she founded with Marc Pohl and Sebastian Hasebrink after she left US-based design firm Fab.com.
Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.
Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.
Venture capital-backed Ezetap, a mobile payment startup in India, raised $8 million for its Series B round from Helion Advisors, Social+Capital and Berggruen Holdings, TechCrunch reported.
Benchling, a startup backed by YCombinator, SV Angel, Founders Fund, Draper Associates and other angels, bridges biotechnology and computer science with their DNA editing software.
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