DigitalOcean, the cloud-hosting site built for developers, obtained $37.2 million in fresh funding in a round led by Andreessen Horowitz and joined in by IA Ventures and CrunchFund, VentureBeat reported.
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Walt Disney Studios inks deal with Shanghai Media Group Pictures to grow presence in Chinese entertainment
An agreement was entered into between Walt Disney Studios and Shanghai Media Group Pictures to allow writers and filmmakers in the US and China to work together in producing Disney movies with Chinese themes, Reuters reported.
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.
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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.
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.
