California state senator Leland Yee was arrested last Wednesday on alleged bribery and arms dealing, reported CBS News.
Tags: San Francisco
US online grocery ePantry launches to provide automatic delivery of sustainable products
San Francisco, California-based online grocery ePantry launched publicly to provide regular and automated delivery of more affordable green and sustainable products to the homes of consumers.
US venture capital firm Rise Capital to raise $146M to back startups in emerging markets
San Francisco, US-based venture capital firm Rise Capital is set to raise $146 million to back startups in Africa, South America, and other emerging markets.
American music startup BandPage scores $8.5M in funding
San Francisco, California-based music startup BandPage scored $8.5 million in a funding round from music tech investors such as Mohr Davidow Partners, Robert Kavner, GGV Capital, and Walden Venture Capital.
Dropbox to shutdown German reading app Readmill after $8M acqui-hire deal
Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.
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San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.
US-based shipping startup Shyp came out of private beta mode today to deliver hassle-free posting and packaging service to business offices and individual consumers in San Francisco.
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
San Francisco, US-based incubator launched a new $20-million venture capital fund to back early-stage hardware startups in the robotics, aerospace, agriculture, connected things, and transportation sectors.
San Francisco, California-based equity crowdfunding service CircleUp pocketed $14 million in its second funding round from Canaan Partners, Google Ventures, and other investors to bridge investors and companies.
San Francisco, US-based virtual ad firm DemandBased raised $15 in a funding round led by Greenspring Associates to build the mobile ad capabilities of its B2B enterprise software platform.
San Francisco, US-based online restaurant reservation service OpenTable will shut down Los Altos, California-based restaurant recommendation app Ness, which it acquired in February, on April 21.
San Francisco, US-based health tech firm Metabiota pocketed $2.38 million in a venture round to monitor emerging threats of viral diseases around the world using big data analysis.
After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.
