San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
Funding
UK idea management startup Wazoku lands £750K for product development
London, UK-based idea management startup Wazoku landed £750,000 in a venture funding led by Campbridge Angels and New Model Venture Capital to fund its product development and growth efforts.
US-based Internet TV firm YuppTV pockets $2.5M from Sashi Reddi
Atlanta, US-based Internet-based TV service provider YuppTV Inc pocketed $2.5 million in its first funding round from Indian early stage investor Sashi Reddi to scale up and expand its client base.
German car sharing startup CiteeCar lands $10M in first funding round
Berlin, Germany-based car sharing startup CiteeCar landed $10 million in its Series A funding round led by Mangrove Capital Expansion to expand in Germany and in selected international cities.
Oklahoma-based anti-abortion firm Hobby Lobby stirs controversy by backing contraception makers
Oklahoma, US-based anti-abortion craft store chain Hobby Lobby stirred controversy by investing $73 million in Pfizer, Bayer, and other companies that make abortive drugs and contraception.
Latest News
Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.
New Delhi, India-based microfinance institution Satin Creditcare Network Limited (SCNL) bagged $4.7 million (INR28.44 crore) in a funding round led by Norway-based impact investor NMI Fund III KS (NMI) to fuel its growth and diversification.
Bitcoin derivatives trading platform BTC.sx has secured funding from Seedcoin Fund, BTC.sx Chief Operating Officer George Samman told Reuters on Tuesday.
Munich, Germany-based smart headphones The Dash broke its $260,000 crowdfunding goal on the Kickstarter platform by reaching a total of more than $3 million for the whole campaign.
San Francisco, US-based venture fund Data Collective landed $125 million for its third fund that exclusively invests in big data and data science startups, according to a document filed with the US Securities and Exchanges Commission.
Pasadena, US-based tablet mobile and gaming startup Industrial Toys scored $5 million in a Series A funding round from Accel Partners to launch a beta version of new title Midnight Star and add more content and titles to its portfolio.
Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.
Palo Alto, US-based stealthy startup Citizen.VC raised $4 million in funding out of a reported $12-million round, based on a document filed with the US Securities and Exchange Commission.
Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.
