BEST Funds provided a $1.5 million investment in XipLink to be used for the latter's sales and marketing efforts and support its continued efforts in coming up with inventive technological developments.
Sectors
French event planning app WePopp pairs with OpenTable to add restaurant booking
Paris, France-based event planning mobile app WePopp paired up with San Francisco, US-based restaurant booking app OpenTable to integrate restaurant booking service into the steps required to plan for a given event.
Best Buy dedicates space for Samsung products in store-within-store concept
If you want to get a Samsung gadget, head to best buy. Nearly every Best Buy store has a space for Samsung products in its store-within-a-store concept, TechCrunch reported.
Lightspeed Venture backs professional Frisbee league in San Jose
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Ex-CIA CTO Gus Hunt joins venture capital firm as advisor
CIA's former Chief Technology Officer Gus Hunt will be foraying into the venture capital space to serve as an advisor to investment firm Artis Ventures, VentureBeat reported.
Latest News
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Facebook pages dedicated to guns make it easy for illicit buyers and sellers of weapons to connect and complete a purchase of a weapon without going through the legal process, VentureBeat reported.
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
MakerBot has finally started accepting preorders for their smallest 3D printer, the Replicator Mini which costs $1,375 which will be shipped sometime in the spring, TechCrunch reported.
Chicago, US-based artist community and e-commerce site Threadless launched an iOS app for its online T-shirt and hoodie business after existing exclusively on the web for a long time.
San Francisco, US-based software development project web hosting service GitHub built a new browser-based text editor called Atom that allows developers to write and edit code at the same time in a bid to combine all the best features of the available text editors in the market.
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
