Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.
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Former Apple chief John Sculley to launch new smartphone brand in India
Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
Barcelona-based Omnidrone secures $2M from institutional investors
Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.
Kitwave acquires UK frozen food firm Eden Farm
North Shields Tyne and Wear, UK-based independent wholesale firm Kitwave Wholesale Group acquired Durham-based frozen food and ice cream seller Eden Farm for an undisclosed amount.
UAE's Ducab purchases UK cable firm AEI
Dubai, United Arab Emirates (UAE)-based cables manufacturer Ducab purchased Durham, UK-based cable maker AEI Cables for an undisclosed amount to expand its product offering and international market reach.
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Toronto, Canada-based accelerator Bitcoin Decentral launched Bitcoin Decentral Accerate, the first Bitcoin startup accelerator in the world, which is now accepting online applications from startups.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
Just less than a week after Mt. Gox filed for bankruptcy for losing 850,000 bitcoins on its website, Flexcoin is closing shop after its "hot wallet" got hacked.
With an eye only for Israeli startups based in New York City, Eyal Bino and partner Sharon Mirsky rolled out Accelerant Ventures that will look for opportunities in young companies operating in the technology space, VentureBeat reported.
New York City, US-based HTML5 game developer and distributor TreSensa bagged $2 million in a Series A funding round led by Caribou Asset Management to continue distributing games for mobile browsers.
Goxcoin is the proposal that Humint and the Mastercoin Foundation have proposed that could potentially help Mt. Gox recover the bitcoins lost on its platform, TechCrunch reported.
Patrick Rock, an advisor to UK Prime Minister David Cameron and one of the pioneers of the country's Internet filtering program, was arrested for allegedly possessing child pornography.
Cloud-based customer relationship management platform ServiceMax secured $71 million in its latest financing round led by Meritech Capital. ServiceMax is a platform specifically focused for field technicians, VentureBeat reported.
Clinicient, a cloud-based solutions provider based in Portland, Oregon, raised $15 million for its Series C funding round led by Catalyst Investors of New York, VentureBeat reported.
