San Francisco, US-based mobile shopping platform secured $10.5 million in a Series B funding led by Khosla Ventures to make the process of ordering and paying for food via mobile an easier process.
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Dallas-based Preston Hollow Capital gets two ex-Orix USA Corp execs on board
Mike Cousins and Cliff Weiner, former executives of Orix USA, have been hired by Preston Hollow Capital, reuniting them with their former CEO Jim Thompson, Bloomberg reported.
Google ad exec Susan Wojcicki to take over YouTube as chief
Google advertising executive Susan Wojcicki is reportedly being promoted to chief position at YouTube to improve the latter's video ad revenue, according to The Information.
Amazon purchases Double Helix Games for undisclosed amount
Amazon has bought Double Helix Games, a gaming studio based in Irvine, California created from the merger of The Collective Inc and Shiny Entertainment. Terms of the deal were not disclosed, TechCrunch reported.
Belgium's Materialise acquires Polish 3D prototyping firm e-Prototypy
Leuven, Belgium-based 3D printing firm Materialise acquired Poland-based prototyping company e-Prototypy for an undisclosed amount to further consolidate the 3D printing industry in Central Europe.
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Magic Leap Inc, a company that VentureBeat reported as being into "some hardcore science-fiction type stuff" has secured $50 million to successfully close its first funding round.
New York, US-based lending platform Fundera raised $3.4 million in funding from a recent venture round to help connect small businesses to a network of certified lending alternatives to banks.
Apartment List, an online rental marketplace, was able to raise an additional $6 million in financing in a follow-on round led by Glynn Capital and Passport Capital, TechCrunch reported.
Learning Shelter, a program founded by a former homeless man who now has his own laser-cutting business, launched a crowdfunding campaign on Indiegogo to raise $60,000 to teach hardware skills to homeless people in San Francisco and help them find jobs.
Renowned technology innovators invested $5 million to close the latest funding round of San Francisco-based mobile technology firm Apportable, bringing to $7.4 million total funds raised to date.
Tokyo, Japan-based incubator and investment firm Netprice.com Inc is planning to invest $500,000 to $4 million in three or four mobile and web startups in India this year, according to The Economic Times.
San Francisco, US-based customer service software startup Zendesk is moving closer to an initial public offering (IPO) and has hired Morgan Stanley and Goldman Sachs to handle the transaction, according to a report.
MPC Synergy Real Estate, a private equity firm that formed a joint venture with Akme Projects, will be exiting its investments in the India- based firm, according to sources interviewed by The Economic Times.
US tech giant Microsoft selected five African tech startups to receive innovation grants, technical support, and mentorship from Microsoft under its venture arm extension, the Microsoft 4Afrika Initiative.
