Sydney, Australia-based music streaming firm Spotify snapped up Somerville, US-based music discovery engine The Echo Nest for an undisclosed amount to create an improved music discovery service for its clients.
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Alfred Mann Foundation launches medical device startup in Minnesota
The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.
Pimco's Bill Gross: "I'm so sick of Mohamed trying to undermine me" but Pimco denies statement
A Reuters report quoted Pimco Co-Founder and Co-Chief Investment Officer Bill Gross as saying "I'm so sick of Mohamed trying to undermine me" but a Pimco spokesman denied Gross made the statement, Reuters reported.
Follett backs California software startup ShowEvidence
River Grove, Illinois-based educational firm Follett Corp invested an undisclosed amount in Santa Clara, California-based software startup ShowEvidence through its venture fund Follett Knowledge Fund.
Irish social media startup Eagle Alpha bags $1.5M in angel funding
Dublin, Ireland-based social media analytics startup Eagle Alpha bagged $1.5 million (€1.1 million) in angel funding from former investment banker Emmett Kilduff to develop its product offering and beef up its salesforce.
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San Francisco, US-based business social network Townsquared bagged $5.26 million in its first funding round from undisclosed investors to allow business owners and employees connect and engage with each other.
AppZero, a Boston-based startup that provides migration and cloud on-boarding services, has received $3 million from angel investors to move enterprises still on Windows Server 2003 to newer systems, VentureBeat reported.
Trusper, an application that allows users to share and find lifestyle tips, received $6.17 million for its Series A funding round led by DCM and joined in by other investors, a statement about the funding said.
Video distribution platform Vimeo has announced a $10 million fund targeted for filmmakers to distribute their content on Vimeo On Demand exclusively for a certain period of time, TechCrunch reported.
San Diego, US-based facial expression recognition startup nabbed $6 million in a Series B funding round led by Seth Neiman and launched an app for Google Glass to track people's sentiments.
New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.
San Francisco, US-based ad-tech startup TripleLift scored $4 million in a Series A funding round led by True Ventures to expand its workforce and automate native advertising.
Payoneer Inc, a New York-based online payments platform, has secured $25 million for its Series D funding round led by Susquehanna Growth Equity and participated in by existing investors, a statement about the funding said.
New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.
