Lithium Technologies, an enterprise software company based in San Francisco, is reportedly near a deal to acquire social media analytics startup Klout. Lithium will buyout Klout in a deal worth $100 million in cash and stocks.
Sectors
Open source e-commerce platform Sellvana nabs $5M in seed round
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
Mt. Gox creator Jed McCaleb dabbling in mysterious Bitcoin project : report
After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
Walt Disney Company rolls out own Techstars-powered Accelerator
The Walt Disney Company is launching its own Disney Accelerator powered by Techstars to incubate early stage companies possessing unique ideas about products in the consumer media and entertainment segment, TechCrunch reported.
Cyber attack on bitcoin a big warning to currency's users
A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.
Latest News
Apple Inc is in talks with Time Warner Cable and other content partners for a faster TV set-top box with a new user-interface that could be revealed as soon as April, Bloomberg cited sources familiar with the matter as saying.
Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
AppScotch, an ad tech firm, has decided to pull itself out of stealth mode to give advertisers the opportunity to give their audience a playable, interactive ad, TechCrunch reported.
Joyme.com, a mobile game portal company based in Beijing, has received $21.5 million in funding in a round led by Fosun Venture Capital Investment and joined by existing investor BlueRun Ventures.
Glasgow, Scotland-based travel agency and property developer Minoan Group PLC bought back a 20% holding in its travel and leisure business for £930,000, which it previously sold to an outside investor for £770,000.
Governor Raghuram Rajan of the Reserve Bank of India has reiterated concerns about the stability and credibility of virtual currencies like the Bitcoin, TechCrunch reported.
State-backed fund Innovation Network Corp of Japan (INCJ) entered an agreement to pick up a 20% stake in Kyoto-based robotic hand maker Squse Inc for JPY500 million ($4.9 million), according to three sources familiar with the matter.
Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.
Aboitiz Group, a conglomerate based in the Philippines, has exited completely from the shipping business by selling the interests it held in joint ventures with Norway-based Jebsen Group.
