Menlo Park, US-based social network giant Facebook announced its plans to build a second Iowa data center right next to its first facility in Altoona which is still being constructed and has yet to start its operations.
North America
Mt Gox traders agree to settle class actions against bankrupt Bitcoin exchange
American and Canadian Bitcoin traders and investors have agreed to settle the class-action lawsuits they have filed against the bankrupt Tokyo, Japan-based Bitcoin exchange Mt Gox in return for a 16.5% stake in the firm.
Brightpearl raises $10 million funding round
Enterprise platform Brightpearl received new funding valued $10 million led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital.
Mayor Walsh opens startup space in Dudley Square
New York City Mayor Martin J. Walsh announced that he will allocate some space for startups in the Ferdinand Building in Dudley Square after its renovation to encourage more businesses to take root in the community.
US food delivery startup Caviar bags $15M in seed and Series A funding
San Francisco, US-based food delivery startup Caviar bagged a total of $15 million in its seed and Series A funding led by Winklevoss Capital and Tiger Global to expand into new cities.
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Comcast confirmed that it had plans to divest 3.9 million subscribers if the merger deal with Time Warner Cable would push through as it still awaiting regulatory approval.
Bridal marketplace Lover.ly has received $2.5 million Series B investment round which would soon be held officially closed after it has taken a few more investment, said sources.
OurCrowd has received $25 million Series B funding from investors identified as former Investec Bank Australia executive Geoff Levy and Mistral Equity Partners' Andy Heyer.
Mobile startup firm URX received $12 million investment from financiers led by Accel Partners and was also participated by SV Angel, Google Ventures and First Round Capital while Rich Wong joined the company's board.
Startup eezep has received cash to materialize its cloud-printing vision which could be valued at $4 million from investors including IBB and Mangrove Capital Partners.
Caving in to public pressure, San Francisco, US-based marketing automation firm RadiumOne terminated its chief executive officer (CEO) Gurbaksh Chahal after he pled guilty to domestic violence and battery charges recently filed against him.
Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local sales deals.
San Francisco, US-based music app and player startup PonoMusic is now focusing on production after it pocketed $6.2 million in a crowdfunding campaign on Kickstarter which ended more than a week ago.
New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.
