Menlo Park, California-based security startup Adallom bagged $15 million in a Series B funding round led by Index Ventures to boost its sales presence and development projects.
Funding
Canada-based BuildDirect obtaines C$30M in Series B financing led by Mohr Davidow Ventures
Mohr Davidow Ventures led the Series B round for Vancouver, British Columbia-based BuildDirect which raised C$30 million. High profile investors Canadian investors like BDC Venture Capital also joined the round.
Tech fund for Hawaii startups mbloom LLC closes $10M early stage venture capital fund
The first early stage technology fund in Hawaii. mbloom, was able to obtain $10 million for its first venture capital fund, a public-private partnership between the Hawaii State Development Corporation and Rosemont Seneca Technology Partners.
AngelBerry turns to crowdfunding to expand yogurt business beyond Bristol
Bristol, UK-based frozen yogurt seller AngelBerry turned to crowdfunding to raise at least £150,000 via Crowdcube to fund its plan to expand to 100 stores worldwide by 2016.
Jamaican bobsled team turns to crowdfunding to get to Winter Olympics
The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.
Latest News
Liqvid e-Learning Services, an educational software maker based in India, has began talks with different venture capital firms for another round of equity funding, according to sources interviewed by The Economic Times.
San Francisco, California-based mobile security firm Bluebox Security snagged $18 million in a Series B funding round led by Tenaya Capital amid the growing bring-your-own-device (BYOD) trend that opens opportunities for security ventures in the tech market.
Madrid, Spain-based Wi-Fi sharing company Fon nabbed $14 from broadband chip maker Qualcomm Ventures to develop a new device that enables users to share music and broadband signals.
South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.
Strapped for cash, schools in Houston, Texas are slowly turning to crowdfunding sites like donorschoose.org to get needed funding for their supplies and equipment, the Associated Press reported.
In a bid to bring home the $20 million prize money in the Google Lunar X Prize competition, Penn State launched a crowdfunding campaign on Rockethub to raise $400,000 by February to build its own moon rover prototype.
An increasing number of hedge funds like Coatue Management are looking for opportunities to invest in the private markets, pouring money in technology startups, TechCrunch reported.
Epom, an ad serving and ad management solutions provider, said it received $7 million in a private investment pool for product improvement and new product development.
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
