For its first institutional funding round, Palo Alto, California-based Workboard Inc secured $2.75 million. The round was led by Granite Ventures and Opus Capital and joined in by Crosslink and Shea Ventures, VentureBeat reported.
North America
US startup Knox Payments raises $900K from angel investors for faster online checkouts
US-based payments startup Knox Payments raised $900,000 in funding from Virginia-based angel investors to launch a limited beta version of its service that allows merchants to accept direct payments from their clients' bank accounts.
Attorney subpoenaed Mt. Gox, other bitcoin businesses: source
Manhattan Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
New York's CrowdWatch aggregates all crowdfunding deals in one place
New York, US-based crowdfunding deals aggregator CrowdWatch wants to help people find investment opportunities by gathering together all deals from equity and debt-based crowdfunding platforms in just one place.
California-based content management firm ZEFR pockets $30M in Series D financing
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
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Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
Some states have already undertaken measures to ban drivers from using Google Glass even if the search giant's wearable device innovation is still in its experimental stage, Bloomberg reported.
Mountain View, US-based mobile marketing startup Kahuna bagged $11 million in a Series A funding round from Sequoia Capital to create more effective marketing messages to customers.
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
Menlo Park, US-based fitness startup GOQii is helping people stay motivated with their healthy endeavors by combining its fitness wristband with human coaches who will provide advice and help them set their health objectives.
Northwest Biotherapeutics, a company backed by venture capitalist Linda Powers, seeks to develop therapies for brain cancer and other tumors after nearly closing its doors a decade ago, Reuters reported.
Iowa, US-based iOS app Bawte helps its users organize and keep track of all their belongings by creating a catalog that sends reminders about warranty expiry and helps them take care of broken items through its free in-app live customer support service.
U.S. District Judge Jeffrey White dismissed the lawsuit filed against San Francisco, California-based social game maker Zynga in which shareholders accused the company of lying about its financial status before it went public.
Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has bought the Hilton Hotel in London Docklands from Pandox AB for an undisclosed price.
