Townsville, Australia-based startup Friends For Hire is launching on March 22 to allow lonely people to hire other people to be their platonic friend for an hourly fee of $60.
Sectors
US real estate marketplace Auction.com nabs $50M investment from Google Capital
Irvine, California-based real estate marketplace Auction.com nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.
IDC changes forecast PC sales forecast as emerging markets fail to perform
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
Swiss cable solutions provider R&M acquires Indian firm Advanced Fiber Systems
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
Kima Ventures and Practica Capital invests €200,000 in Lithuania-based TrackDuck's seed round
TrackDuck, a visual feedback provider for web design and development, has obtained €200,000 from Kima Ventures and Practica Capital for its seed funding round, TechCrunch reported.
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Austin, Texas-based home rental platform HomeAway purchased Santa Rosa Beach, Florida-based guest management system Glad to Have You for an undisclosed sum to enhance its own rental listing service.
Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
Yahoo will be requiring users who want to access its services to sign up for a Yahoo ID and will gradually be removing the option that allows them to use their Google or Facebook credentials to get access to the company's products.
After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
Samsung donates $3M to Ellen DeGeneres chosen charities because Oscar selfie retweeted photo success
Samsung will be $1.5 million each to two charities chosen by host Ellen DeGeneres after getting pleased with the results of her popular selfie taken with Samsung's Galaxy Note, TechCrunch reported.
San Francisco, US-based home search startup Zumper raised $6.5 million in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB) to build its web and mobile platform for apartment rental.
