WelVU, a startup that offers a multimedia patient engagement technology platform, raised $1.25 million from unnamed investors for its initial seed funding round, VentureBeat reported.
Sectors
Southern California customers complain of Verizon Communications Inc forcing them to use VoIP connections
Southern California households are complaining that Verizon Communications Inc is not maintaining its traditional phone lines and forcing ratepayers to switch to Voice over Internet Phones, the Los Angeles Times reported.
TechStars London names 11 startups for 2014
Eleven startups coming from eight countries were chosen to become part of the TechStars London lineup for 2014 out of the 1,500 that applied, TechCrunch reported.
Mark Zuckerberg and Ashton Kutcher invest $40M in stealthy AI startup Vicarious
Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.
US Energy Department awards $17M to clean energy businesses
The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.
Latest News
Denver, US-based health tech firm Welltok Inc acquired Seattle-based health app developer Mindbloom for an undisclosed amount to establish itself in the mobile health space.
Twitter has taken down its Twitter #Music from the App Store and will officially pull down the curtains on the app on April 18, VentureBeat reported.
The co-founders of New York, US-based ad tech startup Spotfront decided to turn down seed funding from strategic investors and bootstrap the firm to give them more independence in their company decisions.
Pamela York, the new Chief Executive Officer (CEO) of AccelerateMSP, scrapped the nonprofit entrepreneurship organization's plan to raise a seed fund for Twin Cities startups but will instead focus on mentoring them after they have raised capital.
Rhapsody and Napster will stop using the recommendations of The Echo Nest following its acquisition by rival Spotify earlier this month,
Cupertino, US-based tech giant Apple is mulling on launching its own on-demand music service to compete with music streaming giant Spotify as the number of downloads goes down.
IEX Group Inc, the trading platform that aims to protect investors from predatory trading practices, received a nod of approval from one of the largest traders globally, Goldman Sachs Group, Bloomberg News reported.
Chicago, US-based big data startup Food Genius analyzes and detects future trends in the US and shares it with restaurant chains, convenient stores, and other companies to help them determine their standing or future strategy in the food market.
US District Judge Jeffrey White of San Francisco ordered that the evidence related to the lawsuits filed by a privacy rights group against the NSA's surveillance operations be kept intact, Bloomberg News reported.
