Articles by Nicel Jane Avellana


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With the pipeline of talent for startups slowly drying out, Startup Institute Managing Director Andrew Hoag asks if career accelerators could provide the answer to the dearth of skills needed in these fast-growing companies in his VentureVillage post.
Corporate Executive Board or CEB has made its third acquisition in the talent management space by purchasing India-based talent analytics company Talent Neuron for anywhere from $10 million to $15 million, TechCrunch reported.
Tapiture, a site where users can access millions of their favorite things, received $2.25 million for its seed funding round from various investors, TechCrunch reported.
Shazam, a London-based music and television tagging service, is rumored to be raising a $20 million funding round, a VentureBeat report said citing a Re/code report.
Cyber security firm Cybereason obtained $4.6 million from Charles River Ventures or CRV for its Series A round as it launches its detection platform commercially, TechCrunch reported.
Kaltura, an open source video platform based in New York, has bagged additional funding of $47 million in a round led by new investors and participated in by its existing backers.
The biggest Bitcoin exchange Bitstamp has temporarily halted processing withdrawals because of a denial-of-service attack but assured users that no funds have been compromised, TechCrunch reported.
Intel Capital has forayed into the fast-growing world of 3D printing by making an investment in two 3D printing companies, Lithuania-based CGT Trader and US-based makexyz.
SalesGossip, a UK-based site that provides members with exclusive access to fashion and beauty retailers' sales and promos, closed its second angel round with £600,000, TechCrunch reported.
Of the 16 startups chosen by Microsoft Ventures for its Summer 2014 batch, six will be part of the Accelerator Plus program that targets more mature firms, TechCrunch reported.
To streamline its private equity and real estate fund operations, South Africa-based IDS Fund Services has selected the technology solutions offered by eFront, a statement said.
Kickstarter, a crowdfunding site, won the "Best Overall Startup" at the 2013 Crunchies, besting other tough contenders in the category which included Uber, CloudFlare, Snapchat and Twitter, TechCrunch reported.
AECI Ltd, the South African explosives and chemicals manufacturer, will be buying the the African water treatment business of Clariant for a price tag of $36.7 million, Bloomberg reported.
Depop, a social mobile shopping startup based in the UK, has rolled out its app on Android in order to expand its footprint in the marketplace, TechCrunch reported.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Ascent Solar Technologies Inc has obtained the second $5 million investment from Ironridge Technology Co to complete the second closing of the Series B preferred stock purchase agreement with the division of Ironridge Global IV Ltd.
Private equity giant KKR will be withdrawing two funds targeted for individual investors, a move that is seen as a blow to its efforts to grow its product offerings beyond institutional investors, Reuters reported.
The "Technology and Internet Conference" of Goldman Sachs will be launched on Tuesday, February 11, 2014 with the best companies from the public and private sector as its attendees, TechCrunch reported.
Kantox, a peer-to-peer currency exchange platform, has obtained €6.5 million from Partech Ventures and Idinvest Partners to help improve its presence in Europe and develop its technology, the website growthbusiness.co.uk reported.
iCitizen Corp, a politics-focused startup, endeavors to keep people in the loop about political issues and legislation using its mobile app, Venture Capital Dispatch reported.
Planetary Ventures, the shell firm that Google infrequently uses for its real estate deals, has won the right to lease Moffett Field and Hangar One.
Microsoft will soon be renaming its cloud storage service to OneDrive with the tech giant potentially giving incentives like added free storage to encourage users to use the service, TechCrunch reported.
PlaceIQ has raised $15 million for its Series C financing round led by Harmony Partners and participated in by new investor Iris Capital as well as its previous backers in its Series B round, TechCrunch reported.
Creathor Ventures and Northcap-backed mobile e-commerce platform Shopgate has purchased Magento developer MagCorp for an undisclosed amount. As part of the deal, MagCorp's developers will be joining the Shopgate team, TechCrunch reported.
Debu Purkayastha, a senior international executive who has worked with Google for six years, will be leaving the search giant to join the team at venture capital firm Octopus Investments, Tech Crunch reported.
iSocket, a San Francisco, California-based direct ad sales platform, was able to secure $5 million in its recent round of financing, led by Time Warner Investments, TechCrunch reported.
Cornell University entrepreneurs and professors don't believe that a startup bubble is in the offing, despite what finance experts say, The Cornell Daily Sun reported.
David Errington, an analyst at Bank of America Merrill Lynch, said companies would do well if they focused on investing in their core business instead of acquiring other companies in their quest for growth, The Australian reported.
Facebook's Mark Zuckerberg and his wife Priscilla Chan were the most generous American philanthropists in 2013 according to the Chronicle of Philanthropy, the Associated Press reported.
Leland Lim, a former partner at Goldman Sachs Group Inc, is planning to form his own hedge fund, according to sources with knowledge of the situation interviewed by Bloomberg.
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