The Boston College Venture Competition or BCVC hosted the second year of the Startup Career Fair this week with over 30 tech startups taking part of the event, The Heights reported.
Investors
San Francisco-based CloudPassage bags $25.5M in new funds
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.
New York-based betaworks secures additional $10M in round led by Digital Garage
Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Citia gets additional $600K from angel investors
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
Lemoptix secures undisclosed amount of funding from Swisscom Ventures, existing investors
Switzerland-based Lemoptix has raised and undisclosed funding amount from Swisscom Ventures, the venture arm of Swiss telco. Lemoptix develops technology that can embed micro-projectors in various devices, TechCrunch reported.
Latest News
Axine Water Technologies, an industrial wastewater treatment solutions provider, has secured $5.6 million for its Series A round from The Roda Group, Chrysalix Energy Venture Capital and BDC Venture Capital, TechVibes reported.
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
MyHealthTeams has obtained $3.36 million for its Series A funding round led by The Westly Group to create social networks to help those living with chronic conditions, TechCrunch reported.
Giant Interactive Group, a shareholder in Alibaba Group Holding, is selling a stake in the e-commerce company for about $199 million. Giant Interactive's share sale values Alibaba at roughly $128 billion.
Lithium Technologies, an enterprise software company based in San Francisco, is reportedly near a deal to acquire social media analytics startup Klout. Lithium will buyout Klout in a deal worth $100 million in cash and stocks.
Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
AppScotch, an ad tech firm, has decided to pull itself out of stealth mode to give advertisers the opportunity to give their audience a playable, interactive ad, TechCrunch reported.
Joyme.com, a mobile game portal company based in Beijing, has received $21.5 million in funding in a round led by Fosun Venture Capital Investment and joined by existing investor BlueRun Ventures.
