Articles by Nicel Jane Avellana


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Expert360, a recruitment website for the upper tier employment market, was able to secure $1 million in seed funding from angel investors in an oversubscribed round, The Canberra Times reported.
ThisClicks, a mobile technology firm that has developed an employee scheduling software, has secured venture capital funding of $4 million from Arthur Ventures, Greycroft and e.ventures, StarTribune reported.
Private equity investment manager Militello Capital has made an undisclosed investment in enterprise resource planning for eCommerce Management Software SalesWarp that holds headquarters in Baltimore, Maryland.
Rain Rannu, the Founder and Chief Executive Officer of Fortumo, said in his guest post at VentureBeat that more Android app users would pay if local payment options and not just credit cards would be offered.
In her guest post at VentureBeat, Mohr Davidow Ventures General Partner Katherine Barr believes that venture capitalists are going to be setting their sights in Canada this year
Bootstrapping first and waiting before finally agreeing to financing from venture capital was beneficial for Qualtrics, an enterprise survey provider, according to its CEO Ryan Smith in an interview with Entrepreneur.
Bell's Canada unit, BCE Inc, said user names and passwords of 22,421 small business clients and five valid credit card numbers were shown illegally on the Internet this weekend after one of its suppliers was hacked, Bloomberg reported.
Sony Corp said the NHK report that it was talking Chinese technology firm Lenovo Group about a joint venture for its Vaio business abroad was not accurate but did say that it was thinking of possibilities for the loss-making unit, Reuters reported.
Life science startups of India, like Sea6 Energy which turns seaweed to biofuel, are taking on a higher level of risk in their goal of turning their research into successful businesses, The Economic Times reported.
Innovation company 3M has supported Chilean firm Lixivia. The investment was made through 3M's New Ventures Business but terms of the deal were not disclosed.
Private equity firm Vector Capital has acquired and made a growth equity investment in cloud-based application lifecycle management solutions provider CollabNet Inc. Financial terms of both deals were not provided.
While incumbent California Governor Jerry Brown has not expressed his plans to run again, donors like Exxon Mobile, Facebook Inc and Microsoft Corp have contributed to his campaign chest, Bloomberg reported.
Coupons.com, the online coupon firm backed by T. Rowe Price Group Inc and Passport Ventures, has filed for an IPO of up to $100 million with the US Securities and Exchange Commission, Reuters reported.
AgriFood Business Partners Finance Director Cathal Fitzgerald urged Ireland's food processors and dairy cooperatives to seek capital from private venture sources, the Irish Examiner reported.
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Activist investor Daniel Loeb's Third Point Llc can no longer count on Rhode Island as one of its clients after the state's Investment Commission voted to pull out its investment in the hedge fund, Reuters reported.
Water technology investments have not been popular, but the threat of drought and concerns about a fast-growing population has started a slow change in this area, Gigaom reported.
Apple Inc is facing claims amounting to $840 million from state attorneys general and plaintiffs, which included consumers, in lawsuits related to the pricing of electronic books, Bloomberg reported.
Technology giant Apple Inc is said to be making a play into the mobile medical health space as evidenced by its development of the iWatch and other products, CNET reported.
The mergers and acquisitions activity in the Southeastern portion of the US rose 17% last year, according to data from Mergermarket Group news service, The Tennessean reported.
A regulatory filing with the US Securities and Exchange Commission showed that William Ackman's Pershing Square Capital Management offloaded 7.3 million shares of liquor maker Beam Inc this week, Reuters reported.
Nanomix Inc, a California-based nanotechnology firm that develops next generation point-of-care diagnostic tests, received $12 million in private funding from "a strategic corporate partner and existing investors."
Enigma, a search and discovery platform for public data, was able to raise $4.5 million for its Series A round led by Comcast Ventures and supported by other investors.
Bow & Drape, the fashion startup that allows women to customize their clothes, was able to secure $1.2 million funding from various investors to grow and expand the brand.
London-based Zopa, the largest peer-to-peer lending company in Europe, raised $25 million in funding from Arrowgrass Capital Partners. Proceeds will be used to continue the lending firm's growth.
ZappRx, a mobile platform that automates the prescription management process, has nabbed an additional funding worth $1 million for its seed financing round led by Atlas Ventures.
San Diego-based venture capital fund Origo Ventures secured a grant worth $1 million from the investment arm of the Chilean government called CORFO. Proceeds will be used to invest in promising startups in Chile.
Three banking sources told Reuters that Greece's National Bank has plans to divest its London-based private equity arm NBGI in order to increase its capital.
Chief Executive Officer Larry Ellison eased worries that the private information of Oracle's cloud computing clients could be accessed by the National Security Agency, Reuters reported.
The Center for Health Program Management and its funding partners which include Sierra Health Foundation, The California Endowment and The California Wellness Foundation gave a grant of $1.6 million to four counties to support the Positive Youth Justice Initiative.
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