Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.
Sectors
Flappy Bird craze continues in HTML5 after pulling out of app stores
Flappy Bird, the popular mobile game created by Vietnamese developer Dong Nguyen, proliferated in app stores and even on the Internet in the form of HTML5 games after the original game was pulled from the Apple App Store and Google Play.
New-York based construction project marketplace Architizer raises $2M in seed funding
New York, US-based online architectural construction project marketplace Architizer raised $2 million in a seed funding round led by Gaspar Global Ventures, Alessandro Piol, and Joanne Wilson, to pursue a $200-billion construction supplies project.
Chicago's NIN Ventures to take advantage of JOBS Act to publicly raise venture capital fund
Chicago, US-based venture capital (VC) fund NIN Ventures, a firm being managed online, is taking advantage of the JOBS Act to raise funds publicly from accredited investors.
New York-based open source video platform Kaltura secures $47M
Kaltura, an open source video platform based in New York, has bagged additional funding of $47 million in a round led by new investors and participated in by its existing backers.
Latest News
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
SalesGossip, a UK-based site that provides members with exclusive access to fashion and beauty retailers' sales and promos, closed its second angel round with £600,000, TechCrunch reported.
Of the 16 startups chosen by Microsoft Ventures for its Summer 2014 batch, six will be part of the Accelerator Plus program that targets more mature firms, TechCrunch reported.
Pennsylvania, US-based age verification startup AgeCheq picked up $1 million in a Series A funding round to ramp up its effort in helping app and game developers comply with federal requirements and standards.
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
To streamline its private equity and real estate fund operations, South Africa-based IDS Fund Services has selected the technology solutions offered by eFront, a statement said.
Former LA Galaxy soccer star David Beckham reportedly sought help from Qatar Sports Investment (QSI) in funding his new Major League Soccer (MLS) franchise to be established in Miami, Florida.
Coralville, US-based education startup Higher Learning Technologies bagged $1 million from investors in its first funding round to dozens more to its existing mobile education apps this year.
Kickstarter, a crowdfunding site, won the "Best Overall Startup" at the 2013 Crunchies, besting other tough contenders in the category which included Uber, CloudFlare, Snapchat and Twitter, TechCrunch reported.
