Tags: New york

New York's Meetup closes second funding round for undisclosed amount

After 12 years in the industry, New York, US-based local group network Meetup closed an undisclosed amount in its second funding round from three major investors to allow some of its employees to exercise their expiring stock options.


Japanese Internet services firm Rakuten opens first European R&D facility in Paris

Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.

New York's Jana Partners takes majority stake in Juniper Networks

New York, US-based investment advisor Jana Partners took a majority stake in Sunnyvale, California-based networking equipment manufacturer Juniper Networks for an undisclosed amount, according to a regulatory filing.

Yahoo continues startup acquisition spree with Wander buy

Internet giant Yahoo continued its seemingly endless acquisition spree by buying New York, US-based app maker Wander for an undisclosed amount, with the latter's Days photo sharing app to continue operating as a standalone entity.


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New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
New York, US-based travel management firm Rocketrip bagged $2.6 million in a Series A funding round led by Canaan Partners to accelerate its product development and to beef up its sales and customer services.
New York, US-based hedge fund Libra Advisors will pick up a $7.2% stake in Auckland, New Zealand-based business developer Rubicon to support that latter's future forestry biotech project.
The Central Bank of Russia echoed its statement that the Ruble is the country's official currency, and being a money substitute, Bitcoin is now banned because it is reportedly used in illegal activities.
New York City, US-based smart flight finding mobile app Hit List exited the beta phase and is currently raising around $500,000 in its seed funding round.
New York, US-based startup Docurated nabbed $3.75 million in its first major funding round led by Rogers Venture Partners to help companies index and search for their files on local servers and cloud storage services.
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.
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
New York, US-based independent software corporation CA Tech invested an undisclosed amount with venture capital group IDG Ventures India in India-based enterprise software startups from October to December 2013.
San Francisco, US-based social media giant Twitter decided to buy more than 900 patents from American multinational tech firm IBM to settle patent infringement claims against it, with the two companies forming a patent cross-licensing agreement.
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