American media conglomerate SFX Entertaiment added New York-based electronic music events ticketing service Flavorus for an undisclosed amount as part of its goal to build a new ticketing business model.
North America
Y Combinator's Sam Altman calls on US to allocate 100 "founders visas"
Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.
US-based article bookmarking app Pocket is now available in six other languages
Menlo Park, US-based article and video bookmarking mobile app Pocket, which used to be available only for English articles, has now added French, German, Italian, Japanese, Russian, and Spanish to the languages that its supports.
San Francisco's social news service Nuzzel comes out of beta
San Francisco, US-based social news service Nuzzel came out of beta testing to open let all users view a public feed of the most relevant and popular news that are automatically customized according to their interest.
Vimeo purchases video-making app Cameo
High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported
Latest News
Property developer Ray O'Connor bought the Grand Island Mall in Nebraska for $1.8 million to turn it into a lifestyle center with the help of St. Louis-based redevelopment firm Staenberg Group Properties.
US-based investment firms Benchmark Capital, Fortress Investment Group, and Ribbit Capital are buying a stake in Pantera Capital's Bitcoin fund called Pantera Bitcoin and committed to conduct virtual currency transactions through Pantera.
Social media analytics firm Simply Measured bagged $20 million for its Series C funding round led by Trinity Ventures, a statement about the funding said.
Heyo, software-as-a-service firm that provides a social media marketing tool for small businesses, has raised $2 million for its Series A round, a statement about the funding said.
ITS Compliance Inc raised $5.75 million in funding from private equity growth investor First Analysis and its long-time partner Argentum, a statement about the funding said.
Founders Fund and Andreessen Horowitz led the Series A round of AltSchool, the startup that seeks to provide personalized education to students, which secured $33 million, TechCrunch reported.
Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.
Zillow and its recently-appointed Chief Industry Development Officer Errol Samuelson were sued by Move and the National Association of Realtors for breach of contract, among others, TechCrunch reported.
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.
