Funding Circle obtains £40M investment from UK government to provide loans to SMBs

Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.


Google announces smartphone platform Project Tango for mobile 3D mapping

US-based search giant Google announced that it is developing an experimental smartphone 3D mapping platform called Project Tango which is led by the advanced hardware group of Motorola.

Indiana-based Smarter Remarketer bags $7M from Battery Ventures

Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.

Rakuten to launch beta version of streaming video platform Viki in Japan

Tokyo,Japan-based Internet services firm Rakuten will launch a beta version of the Singapore-based streaming video platform Viki in Japan tomorrow, just five months after the Japanese bought the platform for $200 million.


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Benchling, a startup backed by YCombinator, SV Angel, Founders Fund, Draper Associates and other angels, bridges biotechnology and computer science with their DNA editing software.
New York, US-based event ticket aggregator TiqIQ bagged $1.7 million in a funding round led by Stonehenge Growth Capital to develop its product that predicts best ticket prices and availability for sports events.
Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors invested $20 million in the Series B round of cybersecurity firm Cylance
San Francisco, California-based music startup SoundFocus raised $1.7 million in a funding round to develop an iPhone app that adjusts music according to the user's hearing abilities.
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
What actions can entrepreneurs take to not only raise money to finance their enterprise but as importantly—help L. American investors to see beyond the financial rewards of investing in just their company—and finance other ventures in their community?
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.
Cybersecurity startup ThreatStream has secured $4 million in a Series A funding round led by Google Ventures and participated in by Paladin Capital Group, Cloudera's Tom Reilley and Hugh Nijemanze of ArcSight, TechCrunch reported.
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