In its 14th acquisition, San Francisco, US-based publishing platform developer Automattic bought New York City-based code-free website creation startup Scroll Kit for an undisclosed amount to integrate the latter's features into WordPress.
Investors
Facebook enters fitness arena with purchase of Finnish fitness app maker ProtoGeo
US social media giant Facebook entered the fitness arena with its acquisition of Helsinki, Finland-based mobile fitness tracking app maker ProtoGeo Oy for an undisclosed amount to beef up its mobile app portfolio.
Merus Capital forms special fund to invest in US ad-tech firm AdRoll
Palo Alto, US-based software-focused venture capital firm Merus Capital formed a special Merus Capital Opporunity Fund just after it closed its second fund at $43 million to support the late-stage development of San Francisco-based ad-tech firm AdRoll.
Ohio payments firm 2Checkout closes $60M in first financing to go global
Ohio, US-based Payments-as-a-Service company 2Checkout closed its first funding round at $60 million with Chicago Growth Partners and Trident Capital as the lead investors in a deal that will fuel its global expansion.
Texas-based virtual reality treadmill Virtuix Omni bags $3M in seed funding
Houston, US-based virtual reality (VR) treadmill maker Virtuix Omni bagged $3 million in its seed funding round with Tekton Ventures and Maveron as lead investors to fund the commercial release of its product.
Latest News
XAPPmedia has received a $3 million funding round from private investors that would be used to support the mobile ads platform of the company referred to as XAPP Ads.
Ondot Systems has been planning to develop a system that would allow credit and debit card holders to manage all aspects of their accounts through a mobile app making the company received $18 million investment.
Russian telecoms giant Vimpelcom has agreed to let go of its much disputed holdings in Orascom Telecom Algeria to the Algerian government after buying the telecoms firm from Naguib Sawiris in 2010 for $6 billion.
Stitch has raised $3.25 million seed funding led by Google Ventures, Foundation Capital, Freestyle Capital, SoftTech and ENIAC Ventures with participation from angles including Tom Conrad, Brad Garlinghouse and Eric Hahn.
Startup Wish has received $19 million new investment led by GGV Capital and Formation 8 along with Yahoo's co-founder Jerry Yang while managing director for GGV Hans Tung joined the company's board of directors.
Nam Mokwunye's PublicVine, video marketplace startup allowing sellers and buyers alike to acquire videos has received $5 million funding round in time for the company to launch globally on June 6 this year.
California-based Synack, a crowdsourced platform for hacking into customers' security holes, raises $7.5 million for a series A funding round.
Marketing and analytics provider Piqora has received $7.7 mln Series A funding round from a number of venture capitalists led by DFJ and joined by Baseline Ventures, Firebolt Ventures, Freestlye Capital, Lazerow Ventures and Altos Ventures.
Tech website Tech.eu has raised a small funding round valued €150,000 from multiple angel investors to support expensive content as it promotes to bridge the gap in the tech industry in Europe.
