Cambridge, US-based venture capital firm Amplify Partners raised $49.1 million for its new fund to back early-stage firms in the storage, networking, and Internet hardware industries.

Mountain View, US-based 3D reconstruction firm Matterport is set to release a camera and technology that professional photographers and real estate firms can use to create 3D models of interior and outdoor spaces.

Mountain View, US-based investment firm 500 startups organized Rainbow Round, a monthly meeting where members of the LGBT (Lesbian, Gay, Bisexual, and Transgender) community from the tech sector can talk about their interests and struggles.

Mountain View, US-based mobile marketing startup Kahuna bagged $11 million in a Series A funding round from Sequoia Capital to create more effective marketing messages to customers.

Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.

Chinese car manufacturer Beijing Automobile Group signed a deal to purchase 25.02% of the shares of Mountain View, US-based new energy firm Atieva for an undisclosed amount, and is later expected to launch a high-end electric vehicle.

California, US-based enterprise software startup Elementum, a spinoff from Singaporean firm Flextronics International Inc, bagged $44 million in a Series A funding round led by Lightspeed Venture Partners for a cloud-based supply chain tracking software.

Mountain View, California based seed accelerator Y Combinator (YC) announced that it will restrict its partner investments until three weeks after demo day to give all its startups an equal chance to raise funds.

Mountain View, California-bases social login pioneer Gigya launched a new tool that will give marketers data that will flow into personalized online and offline marketing campaigns for American consumers.

Mountain View, California-based personal finance app Mint is integrating with San Francisco-based bitcoin wallet service Coinbase to help clients track their bitcoins along with their other financial accounts.