Investors which include Phenomen Ventures have given additional financing to the tune of $20 million to Rocket Internet-incubated foodpanda and its affiliate hellofood, TechCrunch reported.
Funding
CORRECTED-California's Elementum bags $44M in Series B round to track supply chain in the cloud
California, US-based enterprise software startup Elementum, a spinoff from Singaporean firm Flextronics International Inc, bagged $44 million in a Series A funding round led by Lightspeed Venture Partners for a cloud-based supply chain tracking software.
San Francisco-based gourmet meals provider Munchery to raise $20M in new funding round- sources
Munchery, a San Francisco-based startup that provides gourmet meals on demand, is gearing up to raise $20 million in a new financing round, according to sources interviewed by TechCrunch.
San Francisco's FarFaria raises $3.25M in Series A funding for children's iPad book service
San Francisco, US-based reading app FarFaria raised $3.25 million in a Series A funding round led by Inventus Capital Partners to launch a children's subscription book service for the iPad.
Canada's Real Ventures gives California-based atVenu $1.1M in seed stage round
Sausalito, California-based merchandise sales management platform atVenu secured seed stage funds of $1.1 million from Canadian venture capital firm Real Ventures, PE HUB Canada reported.
Latest News
France-based startup Wisembly was able to snag $2 million from Alven Capital for its tool that allows users to prepare for, monitor and simplify company meetings, TechCrunch reported.
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
If you've always wanted to own a franchise of Forever Yogurt but can't afford to, CrowdFranchise.com allows prospective investors to become an owner for as low as $1,000.
Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.
Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
DataRank was able to secure $1.4 million in seed funds in a round led by New Road Ventures and joined in by FundersClub and other angels. Data Rank enables companies to track conversations about their brands online.
