San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Investors
Venture capitalists believe 2014 will be great for startup firms in need of financing- report
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
Angel investor-organized Las Vegas conference allows marijuana entrepreneurs to pitch to investors
Marijuana entrepreneurs were given the chance to pitch their products to a group of investors in a conference organized by angel investor firm ArcView Group, Bloomberg reported.
PCH acquires Canadian e-commerce startup ShopLocket
Cork, Ireland-based product development services provider PCH International acquired Toronto, Canada-based e-commerce platform ShopLocket for an undisclosed amount to provide development solutions for hardware startups.
Source says Icahn nearly has 2pct stake in eBay Inc
A source interviewed by Reuters said billionaire activist investor Carl Icahn had a higher stake in eBay than what was previously reported, saying that his stake was near 2%.
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Venture capitalist Jamie McCourt gave a $25,000 grant to UNICEF to support this year's UNICEF Ball fund campaign. McCourt, who owns Jamie Enterprises, gave the grant late last month.
Eric Wolford has been added as a venture partner of Silicon Valley-based venture capital firm Accel Partners. Wolford also sits on the board of BitTorrent and Jut.
Oakland, California-based customer intelligence pipeline raised $450,000 in a funding round last month from Alchemist Accelerator and angel investors to spy on software customers and find out what keeps them happy.
Smile Mom, the app that allows moms to share baby photos and family updates with moms living nearby, has raised $1.5 million in seed funds from angel and institutional investors, TechCrunch reported.
Cascadia Capital, a diversified, boutique investment bank today announced its Consumer Practice advised Zuke's, LLC (d/b/a Zuke's) on its sale to Nestlé Purina PetCare Company, a subsidiary of Nestlé S.A. which closed in late 2013.
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
Qualcomm has announced that it had acquired 2,400 patents from Hewlett-Packard, including the patents from Palm which HP had bought in 2010 in a deal worth $1.2 billion, Gigaom reported.
Newly-launched San Francisco, California-based human-powered discovery and search parsing app Jelly raised an undisclosed amount in a Series B funding round led by Greylock Partners.
Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
