Tags: San Francisco

US venture capitalists breaks fundraising record in 2014's first quarter

Venture capital firms in the US have raised a record-breaking total funding amounting to $8.9 billion in the first quarter of 2014, according to Thomson Reuters and the National Venture Capital Association.


Salesforce to invest in new tower in San Francisco

The CRM giant Salesforce would invest in a new building tower in San Francisco valued USD560 million, reported TechCrunch.

California-based API debugging tool provider Runscope nabs $6M in Series A round

San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.

San Francisco food delivery startup Munchery raises $28M in Series B funding

San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.


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Berkeley, US-based on-demand food startup SpoonRocket raised $10 million in funding from Foundation Capital and General Catalyst to deliver food to customers in San Francisco and East Bay within 15 minutes.
San Francisco, California-based WordPress parent firm Automattic acquired New York, US-based long-form reading content discovery app Longreads for an undisclosed amount with the latter to function as it is post-acquisition.
San Francisco, California-based startup Fundbox emerged from stealth mode and nabbed $17.5 million in a funding round led by Khosla Ventures to help small and medium-sized enterprises get access to cash to clear their invoices within a day.
San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.
Hospitality startup Airbnb has increased its service arm to Los Angeles through a partnership with Homejoy and Handybook, reported TechCrunch.
San Francisco, US-based health-tech startup Omada Health pocketed $23 million in a Series B funding led by Andreessen Horowitz to fuel its digital weight loss program for diabetic people.
San Francisco, US-based mobile app performance startup Crittercism took home $30 million in a funding round led by Scale Venture Partners for its expansion and enterprise initiatives.
Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.
San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar with the situation.
San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
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