Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
Finance/Venture
San Francisco-based CloudPassage bags $25.5M in new funds
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
New York-based betaworks secures additional $10M in round led by Digital Garage
Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Hackers allegedly steal over 4,000 Bitcoins in Silk Road 2
Silk Road 2 moderator Defcon said that hackers have carried away more than 4474.26 bitcoins from the online marketplace after exploiting a transaction malleability bug, TechCrunch reported.
Citia gets additional $600K from angel investors
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
Latest News
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
The Walt Disney Company is launching its own Disney Accelerator powered by Techstars to incubate early stage companies possessing unique ideas about products in the consumer media and entertainment segment, TechCrunch reported.
A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.
MyHealthTeams has obtained $3.36 million for its Series A funding round led by The Westly Group to create social networks to help those living with chronic conditions, TechCrunch reported.
AppScotch, an ad tech firm, has decided to pull itself out of stealth mode to give advertisers the opportunity to give their audience a playable, interactive ad, TechCrunch reported.
Joyme.com, a mobile game portal company based in Beijing, has received $21.5 million in funding in a round led by Fosun Venture Capital Investment and joined by existing investor BlueRun Ventures.
Governor Raghuram Rajan of the Reserve Bank of India has reiterated concerns about the stability and credibility of virtual currencies like the Bitcoin, TechCrunch reported.
Aboitiz Group, a conglomerate based in the Philippines, has exited completely from the shipping business by selling the interests it held in joint ventures with Norway-based Jebsen Group.
