Russian tech investor Yuri Milner, together with Morgan Stanley chief John Mack, invested an undisclosed amount in Los Angeles, US-based cloud graphics firm Otoy to commercialize its suite cloud-based content creation tools.
Funding
San Francisco-based MyHealthTeams secure $3.36M in Series A round led by The Westly Group
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.
Rhenovia Pharma nabs $738K in Series B round
Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
California-based six-month old ad tech startup AppScotch helps turn games to ads
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.
Beijing-based mobile game portal Joyme.com secures $21.5M in Series B round
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.
Latest News
Tapiture, a site where users can access millions of their favorite things, received $2.25 million for its seed funding round from various investors, TechCrunch reported.
Shazam, a London-based music and television tagging service, is rumored to be raising a $20 million funding round, a VentureBeat report said citing a Re/code report.
Munich, Germany-based firm Bragi launched a crowdfunding campaign on Kickstarter to build wireless smart earphones called The Dash, which has sensors that can track fitness activity and vital signs.
Cyber security firm Cybereason obtained $4.6 million from Charles River Ventures or CRV for its Series A round as it launches its detection platform commercially, TechCrunch reported.
New York, US-based online architectural construction project marketplace Architizer raised $2 million in a seed funding round led by Gaspar Global Ventures, Alessandro Piol, and Joanne Wilson, to pursue a $200-billion construction supplies project.
Kaltura, an open source video platform based in New York, has bagged additional funding of $47 million in a round led by new investors and participated in by its existing backers.
Intel Capital has forayed into the fast-growing world of 3D printing by making an investment in two 3D printing companies, Lithuania-based CGT Trader and US-based makexyz.
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
SalesGossip, a UK-based site that provides members with exclusive access to fashion and beauty retailers' sales and promos, closed its second angel round with £600,000, TechCrunch reported.
