Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
Investors
Robert Friedland's High Power Exploration invests in Australia-based Apollo Minerals
Robert Friedland's High Power Exploration has invested in Australian copper prospector Apollo Minerals, highlighting the progress it is making into the country's small cap resources sector, Reuters reported.
BEST Funds backs XipLink with $1.5M
BEST Funds provided a $1.5 million investment in XipLink to be used for the latter's sales and marketing efforts and support its continued efforts in coming up with inventive technological developments.
OpenText shells out $1M to open data center in Australia
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Beat the Q bags $1M in funding to partially fund acquisition of Australian app eCoffeeCard
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Latest News
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
US-based payments startup Knox Payments raised $900,000 in funding from Virginia-based angel investors to launch a limited beta version of its service that allows merchants to accept direct payments from their clients' bank accounts.
Entrepreneurs’ most frequent complaint is how challenging it is to raise money, especially risk capital; founders in developing countries have even more difficulty since the amounts of venture money for investment in most emerging markets is less vs. the USA.
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
For its first institutional funding round, Palo Alto, California-based Workboard Inc secured $2.75 million. The round was led by Granite Ventures and Opus Capital and joined in by Crosslink and Shea Ventures, VentureBeat reported.
Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).
Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
Seoul, South Korea-based pop music publisher SM Entertainment invested an undisclosed amount to acquire shares in indie label BALJUNSO to contribute to the globalization of K-Pop's indie sector.
