Caving in to public pressure, San Francisco, US-based marketing automation firm RadiumOne terminated its chief executive officer (CEO) Gurbaksh Chahal after he pled guilty to domestic violence and battery charges recently filed against him.
Sectors
Bloomberg Philanthropies funded Little Sun with $5 million investment
Bloomberg Philanthropies invested $5 million in solar powered Little Sun to give those populations in the African region less expensive, clean light from the kerosene lamps they have been using.
Lover.ly receives $2.5 mln Series B funding
Bridal marketplace Lover.ly has received $2.5 million Series B investment round which would soon be held officially closed after it has taken a few more investment, said sources.
OurCrowd receives $25 million Series B funding
OurCrowd has received $25 million Series B funding from investors identified as former Investec Bank Australia executive Geoff Levy and Mistral Equity Partners' Andy Heyer.
Alibaba, Yunfeng Capital to acquire stake in Youku Tudou valued $1.22 bln
Alibaba and Jack Ma's co-founded company, Yunfeng Capital, said that they would acquire a stake in China's YouTube equivalent Youku Tuduo in a deal valued $1.22 bln prior its highly anticipated public debut.
Latest News
Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local sales deals.
San Francisco, US-based music app and player startup PonoMusic is now focusing on production after it pocketed $6.2 million in a crowdfunding campaign on Kickstarter which ended more than a week ago.
New Zealand-based customer relationship management (CRM) software startup MyWave bagged NZ$2.5 million in an oversubscribed first funding round to develop its product and customer base before its 2015 listing on the New Zealand Stock Exchange.
BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
Irish high-profile investor Michael Smurfit is set to take part in a €750,000 investment to be poured into Dublin, Ireland-based farm tech startup Moocall to alert farmers of calf birth to help them sleep better at night.
New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.
After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.
Shanghai, China-based university applicant mentoring startup ChaseFuture bagged $400,000 in its seed funding round led by Banyan Partners and Harbor Pacific Capital to assist international students in university admission tests.
