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.
Finance/Venture
Flexcoin closes after theft of all bitcoins in hot wallet
Just less than a week after Mt. Gox filed for bankruptcy for losing 850,000 bitcoins on its website, Flexcoin is closing shop after its "hot wallet" got hacked.
Freshly-launched Accelerant Ventures looks to invest in Israeli startups in New York City
With an eye only for Israeli startups based in New York City, Eyal Bino and partner Sharon Mirsky rolled out Accelerant Ventures that will look for opportunities in young companies operating in the technology space, VentureBeat reported.
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
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
Samsung donates $3M to Ellen DeGeneres chosen charities because Oscar selfie retweeted photo success
Samsung will be $1.5 million each to two charities chosen by host Ellen DeGeneres after getting pleased with the results of her popular selfie taken with Samsung's Galaxy Note, TechCrunch reported.
Moolaguides has been acquired by Flashnotes for an undisclosed amount. The purchase comes just a month after Boston-based Flashnotes secured $3.6 million for its Series A round, TechCrunch reported.
Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.
Sources told tech news website TechCrunch that Basis Health Tracker Watch maker Basis Science has been bought by Intel for anywhere from $100 million to $150 million.
Toronto-based image recognition technology maker Slyce has gathered $10.75 million for its latest funding round led by Beacon Securities and joined in by other investors, TechCrunch reported.
