Venture capital firm Accel Partners has invested $40 million in the Series A funding round of money transfer platform WorldRemit based in London, TechCrunch reported.
Sectors
New Jersey prohibits Tesla from selling cars directly to consumers
New Jersey has joined Arizona and Texas in preventing consumers from buying cars directly from electric car maker Tesla after the New Jersey Motor Vehicle Commission passed a rule on the matter, TechCrunch reported.
Alibaba Group Holding agrees on majority stake purchase of ChinaVision Media Group in $804M deal
Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.
India-based Quikr secures $90M in round led by Kinnevik
Online and mobile classifieds platform Quikr has raised another $90 million in its most recent funding round, according to a report on The Economic Times citing a source.
Christopher McDonough is now Director of Investments in New Jersey
Christopher McDonough has been named as the new Director of Investments in New Jersey, replacing Timothy Walsh who left the post in August last year, Bloomberg reported.
Latest News
Institutional, strategic and private investors backed Finland-based gaming startup Next Games with $6 million in its latest funding round. The firm intends to roll out the mobile game version of "The Walking Dead" globally, VentureBeat reported.
DataRPM, the startup that leads in the cognitive business intelligence space, has closed $5.1 million for its Series A round led by InterWest Partners and joined in by CIT GAP Funds, a statement about the funding said.
Robocoin, the Bitcoin ATM manufacturer that first launched its crypto-currency machine in Canada, will be shipping more Bitcoin ATMs this month in other worldwide locations, TechCrunch reported.
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
Spritz Technology Inc, a startup based in Boston, is readying to complete a seed funding round which raised $3.54 million from investors which included Denis O'Brien, TechCrunch reported.
Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.
ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.
Paycom Software has started the ball rolling in its plans to go public by filing an S-1 form with the US Securities and Exchange Commission, VentureBeat reported.
