Facebook acquires Oculus VR in $2B deal

Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.


Kraken bitcoin exchange bags $5M for Series A round

Kraken, the bitcoin exchange division of Payward Inc, raised $5 million for its Series A funding round led by Hummingbird Ventures, a statement about the financing said.

Accel Partners and Redpoint Ventures invest $11.2M in Series A round of Tactile

Tactile has received $11.2 million from Accel Partners and Redpoint Ventures for its Series A funding round that helps professionals bring their data in one place, TechCrunch reported.

Axonic Modulation Technologies secures $32.6M in Series A round

Axonics Modulation Technologies Inc has bagged $32.6 million for its Series A preferred stock financing round led by Edmond de Rothschild Investment Partners, a statement about the funding said.


Latest News

Freightos, a worldwide freight network based in Israel, has secured $4.6 million for its Series B funding round led by Aleph and ICV, TechCrunch reported.
Sequoia Capital led the $10.3 million Series A round for education technology startup Clever that helps teachers avoid the tedious work of manual data entry, VentureBeat reported.
Palo Alto Networks, a cyber security firm based in Santa Clara, California, has bought Israel-based cyber security company Cyvera for a price tag of $200 million, TechCrunch reported.
San Francisco, US-based virtual ad firm DemandBased raised $15 in a funding round led by Greenspring Associates to build the mobile ad capabilities of its B2B enterprise software platform.
California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.
In a bid to gain traction over its competitors, American software giant is rebranding its open cloud platform 'Windows Azure' to 'Microsoft Azure.' according to sources familiar with the matter cited by ZDNet.
Box, the cloud storage startup that rivals Dropbox, has filed an S-1 form with the US Securities and Exchange Commission for its initial public offering, VentureBeat reported.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.
Berlin, Germany-based investor Point Nine have brought their early stage software-as-a-service portfolio firms to establish home bases in San Francisco and Silicon Valley, VentureBeat reported.
American Internet and tech giant Google struck a manufacture and distribution deal with Italian optical wear maker Luxottica for the future versions of its wearable Glass.
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