The crisis Mt. Gox is facing has provided Bitcoin speculators with a grand buying opportunity that could give them a chance to earn a profit if the withdrawal ban gets lifted, CNNMoney reported.
Finance/Venture
Google Ventures' Rich Miner to join California-based Crittercism's board
Google Ventures general partner Rich Miner will join the board of directors of San Francisco, US-based mobile app performance management (mAPM) firm Crittercism to replace Wesley Chan, who left Google Ventures to establish his own company.
American crowdfunding firm Crowdtilt launches Bitcoin-supported open source crowdfunding solution
San Francisco, California-based crowdfunding firm Crowdtilt launched an open source crowdfunding solution called Crowdtilt n that supports Bitcoin and allows anyone to start a campaign on their own websites.
San Francisco's IDG Ventures raises $100M for third funding round
San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
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.
Latest News
Philippines-based Aboitiz Equity Ventures property unit Aboitiz Land Inc had purchased the remaining 40% of common shares from Maurbeni, Japanese trading firm, worth 360 million from LiMA Land Inc (LLI). LiMA Land is the company that owns and runs the LiMA Technology Center, the filing detailed from Philippine Stock Exchange. .
Korea-based Kakao Corp, the company behind the highly-popular messaging and social app Kakao Talk, is readying for its initial public offering in May, BeSuccess reported.
Last year was a sleepy one for mergers and acquisitions in the metals sector with only 357 metal deals completed compared to the 507 deals from the previous year, the Financial Times reported citing figures released by PwC.
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.
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.
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.
Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors invested $20 million in the Series B round of cybersecurity firm Cylance
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.
