The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
Sectors
Security firm ThreatMetrix raises $20M
ThreatMetrix, the company that offers advanced cybercrime prevention solutions and online fraud protection, obtained $20 million for its latest funding round, VentureBeat reported citing a SEC filing.
BlackBerry sues exec who resigned for Apple
Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.
Jesse Hurwitz leaves Google for AdBrain
Former Google Head of Global Strategy for Mobile Ad Platforms Jesse Hurwitz has left the search behemoth for mobile ad platform startup AdBrain, VentureBeat reported.
Bloomberg Beta uses analytical tool to come up with 350 employees who could become startup founders
Bloomberg Beta used predictive analytical tools and research to arrive at a list of 350 employees who could be future founders of startups, TechCrunch reported.
Latest News
US-based shipping startup Shyp came out of private beta mode today to deliver hassle-free posting and packaging service to business offices and individual consumers in San Francisco.
Apple Inc and Google Inc may be pummeling BlackBerry in the smartphone department but the Canada-based firm is the leading player in the connected-car department, Bloomberg reported.
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
Tech giants Dell and Microsoft Corp have signed a patent licensing deal regarding Android and Chrome OS devices as well as Xbox consoles, TechCrunch reported.
Business Development Corporation of America invested $30 million in the first external funding round of digital ad company CPXi which provides programmatic ad-buying services,TechCrunch reported.
Unterfohring, Germany-based mass media broadcasting firm ProSiebenSat.1 picked up a minority stake in Beverly Hills, US-based multichannel network Collective Digital Studio (CDS) for an undisclosed amount for expansion purposes.
Singapore-based digital currency payment firm GoCoin pocketed $1.4 million in its first funding round led by former Facebook executive Owen Van Natta and e-commerce site Bitcoin Shop for its sales and tech expansion.
Search giant Yahoo Japan is set to take Japan-based telco eAccess from Internet firm Softbank in a deal valued at $3.2 billion (JPY324 billion) to beef up its e-commerce and advertising businesses.
Houston, Texas-based home decor retail chain Garden Ridge bought a former Kmart store located along Reynolds Road in Southern Toledo for $1.6 million to renovate and re-occupy the said property.
