Apartment List, an online rental marketplace, was able to raise an additional $6 million in financing in a follow-on round led by Glynn Capital and Passport Capital, TechCrunch reported.

Renowned technology innovators invested $5 million to close the latest funding round of San Francisco-based mobile technology firm Apportable, bringing to $7.4 million total funds raised to date.

Tokyo, Japan-based incubator and investment firm Netprice.com Inc is planning to invest $500,000 to $4 million in three or four mobile and web startups in India this year, according to The Economic Times.

San Francisco, US-based customer service software startup Zendesk is moving closer to an initial public offering (IPO) and has hired Morgan Stanley and Goldman Sachs to handle the transaction, according to a report.

MPC Synergy Real Estate, a private equity firm that formed a joint venture with Akme Projects, will be exiting its investments in the India- based firm, according to sources interviewed by The Economic Times.

US tech giant Microsoft selected five African tech startups to receive innovation grants, technical support, and mentorship from Microsoft under its venture arm extension, the Microsoft 4Afrika Initiative.

Some European filmmakers that have turned to crowdfunding, which is still in its early stage in Europe, are facing a different set of challenges, Variety reported.

The Morpheus, the first private startup accelerator in India, is shutting down its operations this week after six years of conducting accelerator programs for startups in the country, because of the fierce competition from its rivals.

San Diego, US-based software investor JMI Equity led a $38-million Series D venture capital round for the expansion and development of Utah-based work flow management software company AtTask.

Bukit Batok Crescent, Singapore-based fruit and produce firm Sunmoon Food Company has agreed to buy $250,000 (S$317,200) worth of stocks in Nevada, US-based beverage company True Drinks Holdings at $4 apiece.