Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.
Network/Hosting
Bitcoin exchange platform Vircurex to freeze user accounts on March 24, 2014
Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.
Vermont-based Faraday closes $880K in Series A funding round
Faraday secured $880,000 for its Series A funding round led by FreshTracks Capital and joined in by other investors, a statement about the funding said.
Coupa Software secures $40M in Series F funding round led by Meritech Capital
Coupa Software, a cloud-based finance solutions provider, bagged $40 million for its Series F funding round led by Meritech Capital, a statement about the funding said.
YouNoodle secures $1.1M in new funding round
San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.
Latest News
While Google is expanding its public cloud, the Google Compute Engine, with new features, it has remained silent about getting new customers to use the platform, VentureBeat reported.
California, US-based semiconductor startup Aquantia Corp closed $16 million in a Series G funding round led by Xilinx Inc as it prepares for its initial public offering (IPO) in the US.
Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.
Mozilla finally pulled the plug on its Firefox for Windows 8 Metro browser after seeing no more than 1,000 users patronizing the app daily, TechCrunch reported.
The US is planning to surrender control of the system that assigns website addresses to a private group when the contract of the Internet Corporation for Assigned Names and Numbers expires next year, Bloomberg reported.
A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.
Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.
The Board of Directors of Salesforce.com now has its 11th member in the person of General Colin Powell, a highly-accomplished four-star general in the US Army, TechCrunch reported.
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
