Cambridge, England-based company Kensho closed a $10-million seed funding round for a cloud-based intelligent market research assistant called Warren that can answer complex financial queries in natural language.
Investors
Ex-Apple CEO John Sculley backs telemedicine startup MDLive to reform healthcare by using new technologies- report
Former Apple Chief Executive John Sculley is betting that telemedicine startup MDLive will be able to bring medical practice to the modern age, VentureBeat reported.
Singaporean online supermarket RedMart secures $5.4M in bridge round
Singapore-based online grocery store RedMart secured $5.4 million in a bridge round that will be used to construct its logistics infrastructure and technology in preparation for growth and expansion.
US venture capital investment shows slow growth in 2013 but trending upwards- report
US venture capital investment hardly moved last year but was already trending upwards as investments in the fourth quarter increased, The Wall Street Journal blog Venture Capital Dispatch reported.
US startup Change Collective raises $1.4M seed funding for self-improvement app
Boston, US-based startup Change Collective raised $1.4 million in seed funding from local investors to develop a self-improvement mobile website and native app and to expand its workforce.
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Boston, US-based enterprise software maker Mendix nabbed $25 million in venture capital funding led by Battery Ventures to fuel its mission to build a big business in the software industry.
San Francisco, California-based recurring revenue management software provider ServiceSource acquired Seattle-based predictive analytics firm Scout Analytics in a deal valued at $32 million in cash.
Oregon, US-based vending machine technology firm VendScreen Inc has bagged $17.8 million in a funding round led by existing investors Merrickhanna Ventures and 3X5 Special Opportunity Fund.
Using Bitcoin as a form of reward to programmers working in open-source software projects is rapidly gaining popularity, a report in The Wall Street Journal Blog Venture Capital Dispatch said.
Brooklyn-based firm Brooklyn Bridge Ventures, a new seed investment fund founded by former First Round Capital principal Charlie O'Donnell, secured $8.3 million in funding from several investors.
San Francisco, US-based in-feed native ad exchange ShareThrough raised another $17 million in combined debt and equity financing in a round led by Floodgate and North Bridge Venture.
Chartio, a provider of cloud business intelligence for developers and businesses, has received $2.2 million in additional financing from Avalon Ventures which led the Series A round for the company in 2011.
San Francisco, US-based insurance broker Zenefits raised $15 million in funding to improve the development, sales, and marketing of its product that makes administrative tasks easier.
Former NBA star, philanthropist and venture capitalist David Robinson told Forbes Contributor Dan Schawbel that he formed Admiral Capital Group to be able to impact the community.
