San Francisco, US-based large media storage startup Streem raised $875,000 in seed funding from Y Combinator, 500 Startups, and other angel investors to provide unlimited cloud storage for their customers at $20 per month.
Sectors
Michael Smurfit to invest in Irish farm tech startup Moocall
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 grocery delivery service Blue Apron looks to raise $50M in Series C funding
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.
SpaceX wants to bid for US military rocket launches
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.
Canadian medical photo sharing app Figure 1 releases new features
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.
Latest News
Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
New York City-based ShopKeep POS has raised $25 million funding round led by Thayer Street Partners to be used to replace their old systems which uses Windows XP.
Belfast, Ireland-based alcoholic beverage firm C&C will shell out £1.2 million to expand in Belfast and open a new commercial business support center, creating an additional 25 jobs in the region.
American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.
US social media giant Facebook entered the fitness arena with its acquisition of Helsinki, Finland-based mobile fitness tracking app maker ProtoGeo Oy for an undisclosed amount to beef up its mobile app portfolio.
Palo Alto, US-based software-focused venture capital firm Merus Capital formed a special Merus Capital Opporunity Fund just after it closed its second fund at $43 million to support the late-stage development of San Francisco-based ad-tech firm AdRoll.
Ohio, US-based Payments-as-a-Service company 2Checkout closed its first funding round at $60 million with Chicago Growth Partners and Trident Capital as the lead investors in a deal that will fuel its global expansion.
Houston, US-based virtual reality (VR) treadmill maker Virtuix Omni bagged $3 million in its seed funding round with Tekton Ventures and Maveron as lead investors to fund the commercial release of its product.
