Matrix Partners, Ellen Levy and Sandra Perkins invested $1.5 million for the seed funding round of RocksBox, a subscription jewelry service that aims to empower consumers, TechCrunch reported.
Investors
Hedge funds ask Puerto Rico to raise sufficient capital for two years, give up sovereign immunity- sources
Hedge funds planning to participate in the bond offering of Puerto Rico are asking the commonwealth to raise enough capital to last for two years and give up its sovereign immunity, according to sources interviewed by Bloomberg.
BodeTree goes freemium to help US small businesses secure loans from local banks
Arizona, US-based lending startup BodeTree offered its analytics and automated funding services for free to help small businesses in the country secure funding from local banks
US-based angel investor Gary Vaynerchuk launches $25M seed fund
US-based angel investor and Wine Library TV founder Gary Vaynernuck partnered with RSE Ventures cofounder Matt Higgins to launch a $25 million seed fund called Vayner RSE which they might be used to start a new brand of wine.
Social marketing startup Little Bird nabs $1.7M in new funding
Oregon Angel Fund led the $1.7 million round "Series Seed" round for Marshall Kirkpatrick's social marketing startup Little Bird, bringing the company's total funds raised to date to $2.7 million, TechCrunch reported.
Latest News
Ronny Conway closed his early-stage fund targeted at relieving the Series A crunch for startups. The size of the fund was $51 million, TechCrunch reported citing a filing with the Securities and Exchange Commission.
Wells Fargo & Co is now making its way back to the subprime mortgage market, potentially bringing fears that US lenders will be making the same mistakes that prompted the financial crisis, Reuters reported.
Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.
Rakuten said it will purchase messaging application Viber for $900 million, marking the latest and largest acquisition of the biggest internet company in Japan, TechCrunch reported.
Peter Hamilton, the Chief Executive Officer of HasOffers, has told Facebook that they deserve a second chance after they were removed as a partner for not adhering to the social media firm's data collection and sharing rules, VentureBeat reported.
After the lockup agreements expire tomorrow, Twitter Inc's insiders will have a first chance to sell their stock. The company's shares have more than doubled since its IPO last year, Bloomberg reported.
Yevvo, the iPhone app developed by Israeli firm Yevvo Entertainment Inc, gives a platform for selfie stars to share live videos of themselves to a virtual audience, the Venture Capital Dispatch reported.
Yahoo has acquired Distill, a technical recruiting company that aims to take out the hassle of the hiring and recruiting process. The startup is backed by Felicis Ventures, China's Innovation Works and DN Capital, TechCrunch reported.
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
