London-based WorldRemit bags $40M in Series A round from Accel Partners

Venture capital firm Accel Partners has invested $40 million in the Series A funding round of money transfer platform WorldRemit based in London, TechCrunch reported.


Finland-based Next Games secures $6M in recent funding round

Institutional, strategic and private investors backed Finland-based gaming startup Next Games with $6 million in its latest funding round. The firm intends to roll out the mobile game version of "The Walking Dead" globally, VentureBeat reported.

DataRPM closes $5.1M Series A round

DataRPM, the startup that leads in the cognitive business intelligence space, has closed $5.1 million for its Series A round led by InterWest Partners and joined in by CIT GAP Funds, a statement about the funding said.

UK-based Flypay secures £1 million in new financing round

Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.


Latest News

Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.
ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.
Paycom Software has started the ball rolling in its plans to go public by filing an S-1 form with the US Securities and Exchange Commission, VentureBeat reported.
Arthur Ventures gave a $1 million investment for the seed funding round of Drifty, a startup that provides tools that allows mobile developers to develop apps and websites, TechCrunch reported.
Arsenal Capital Partners, a private equity firm based in New York, has acquired Midland, Texas-based oilfield chemicals provider Kel-Tech Inc for an undisclosed amount, a statement about the funding said.
Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.
CloudBilt, Resident Research and SalesReach Software obtained a combined $1 million growth financing from Lighter Capital, a provider of revenue-based financing, a statement about the funding said.
Pineridge Bakery is being sold by its private equity owner Swander Pace Capital to Swiss food firm ARYZTA AG for $340 million, a statement about the deal said.
Svelte Medical Sytems, a maker of balloon expandable stents based in New Providence, New Jersey, has obtained a $5 million equity investment from the Gary and Mary West Health Investment Fund.
An unnamed Washington, DC-based angel investment group supported Ohio-based mobile health application service provider iRxReminder with a $250,000 investment for its seed round, a statement about the financing said.
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