New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.
North America
Spotify snaps up American music discovery engine Echo Nest
Sydney, Australia-based music streaming firm Spotify snapped up Somerville, US-based music discovery engine The Echo Nest for an undisclosed amount to create an improved music discovery service for its clients.
San Francisco business social network Townsquared bags $5.26M in funding
San Francisco, US-based business social network Townsquared bagged $5.26 million in its first funding round from undisclosed investors to allow business owners and employees connect and engage with each other.
AppZero bags $3M to help move old Windows Server 2003 enterprises to modern systems
AppZero, a Boston-based startup that provides migration and cloud on-boarding services, has received $3 million from angel investors to move enterprises still on Windows Server 2003 to newer systems, VentureBeat reported.
Silicon Valley-based Trusper bags $6.17M in Series A round led by DCM
Trusper, an application that allows users to share and find lifestyle tips, received $6.17 million for its Series A funding round led by DCM and joined in by other investors, a statement about the funding said.
Latest News
San Francisco, US-based ad-tech startup TripleLift scored $4 million in a Series A funding round led by True Ventures to expand its workforce and automate native advertising.
Payoneer Inc, a New York-based online payments platform, has secured $25 million for its Series D funding round led by Susquehanna Growth Equity and participated in by existing investors, a statement about the funding said.
New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.
Massachusetts, US-based office supply retail chain Staples will shut down 225 stores across North America by 2015 to push its online business and cut costs amid huge revenue losses.
Sunnyvale, California-based Internet giant Yahoo snapped up Portland, Oregon-based automated graphic design startup Vizify for an undisclosed amount as part of its on-going acquisition spree of design-focused startups.
San Francisco, US-based venture capital firm Founders Fund gathered $1 billion for its fifth investment fund called Founder Fund V which will back startups from various sectors.
OnDeck, an alternative lending platform for small businesses, secured a $77 million investment in a round led by Tiger Global Management and joined in by its existing investors, TechCrunch reported.
Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.
Viddsee, an independent film platform based in Singapore, has forged a content partnership agreement with Yahoo to bring Asian independent films to a wider audience, TechCrunch reported.
