The largest Asian angel network, Indian Angel Network, has invested an undisclosed amount in a UK startup called SwiftShift after a pitching session sponsored by the UKTI, TechCrunch reported.
Funding
US tech incubator Rurban launches $150K Kickstarter campaign for data center
Berrien Springs, Michigan-based tech incubator Rurban launched a crowdfunding campaign on Kickstarter to raise $150,000 by the end of march for the initial planning for Data Studio, a tech hub where entrepreneurs can converge and develop ideas.
Miami startup Kairos raises $1.2M in Series A funding for facial recognition software
Miami, US-based anti-fraud startup Kairos AR raised $1.2 million in a Series A funding round led by Boca Raton-based investment firm New World Angels for the development of its facial recognition software.
Google's $6.8M donation to Free MUNI for Low-Income Youth program sets example for other tech firms
The gift of $6.8 million from search giant Google to San Francisco for its Free MUNI for Low-Income Youth program is one way that the tech industry can help the city deal with its gentrification problem, TechCrunch reported.
Electronic cigarette maker NJOY gets $70M in private funding round
E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
Latest News
California, US-based next generation fitness tracking device Moov attained its $40,000 target within just 90 minutes and will begin shipping the pre-ordered product by summer this year.
New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.
Councillors of the city of Kitchener in Ontario, Canada have agreed to shell out $1 million for the next five years to help owners of underused spaces turn their properties into a new landing pad fro startups just out from incubators.
Little Borrowed Dress, a startup that rents out bridesmaid dresses online, has raised $1.25 million for its seed financing round participated in by a number of investors, TechCrunch reported.
San Francisco, US-based sales communication platform ClearSlide landed $50 million in a Series C funding round led by Social+Capital Partnership to provide a service that boosts productivity of salespeople.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
