Messaging
Atlanta Capital-backed Yik Yak allows college students to air their gripes
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
Sequoia Capital and Jim Goetz emerge as winners in Facebook-WhatsApp $16B deal
From the viewpoint of venture capital, the real victors of the recently-announced acquisition of WhatsApp by Facebook are Sequoia Capital and Partner Jim Goetz, TechCrunch reported.
Facebook to acquire messaging giant WhatsApp for $16B
Facebook will be buying WhatsApp in a cash and stock deal worth $16 billion. The messaging giant will also be retaining its brand and will function as an independent unit, TechCrunch reported.
US-based delivery firm Postmates nabs $16M in Series B for 'one-hour' package delivery service in San Francisco
San Francisco, US-based delivery firm Postmates nabbed $16 million in Series B funding to help improve its mobile app and one-hour package delivery service within the area.