Sectors
San Francisco's Boombotix pockets $4M in funding to develop mobile speakers
San Francisco, California-based mobile speaker company Boombotix pocketed $4 million in a funding round led by both new and previous investors to develop its audio products and enhance its marketing strategies.
YouTube founders' startup AVOS laying off majority of workforce -sources
San Mateo, California-based Internet startup AVOS Systems is laying off 80% of its workforce because of the lack of traction, according to sources familiar with the situation.
500 Startups is the most active venture capital investor for 2013- DJX VentureSource
The most active venture capital investor last year is 500 Startups with 57 new deals made and 77 total deals in all, data from DJX VentureSource revealed.
PillPack launches online pharmacy in 31 US states to solve medication problems
Cambridge, Massachusetts-based firm PillPack has raised $4 million in venture funding last year to launch its online pharmacy service in 31 states in the US to help patients manage their medications.