Tags: TechCrunch

American venture capital firm CrunchFund reportedly raising $40M for second fund

CrunchFund, the San Francisco, US-based venture capital firm co-founded by Michael Arrington, is raising $40 million for its second early-stage investment fund, according to a regulatory filing.


New York-based analytics firm raises $3.3M in funding for self-learning platform

New York, US-based analytics firm Implisit raised $3.3 million in funding from Gemini Israel Ventures for its self-learning platform that mines CRM data to help improve sales efficiency.

BrightFarms pockets $4.9M in Series B funding to build more greenhouses in the US

New York, US-based clean tech firm BrightFarms pocketed $4.9 million in Series B funding to expand its network of greenhouses and promote locally-grown produce in the urban areas of the country.

Sqrl bags $550K in funding to launch document reminder service in Ohio

Cincinnati, US-based startup Sqrl bagged $550,000 in funding from CincyTech, Vine Street Ventures, and Hyde Park Ventures to launch a service for small and regional accounting firms that reminds their clients of the documents they need to provide for a job.


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US-based multinational retail chain Walmart started testing the local pick-up option for Walmart To Go, the company's online grocery shopping service with home delivery feature in Denver, Colorado.
Yahoo has closed the acquisition of San Francisco, California-based enterprise app studio Tomfoolery, and will be shutting down the latter's Anchor app, according to a source familiar with the deal.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Internet giant Yahoo is reportedly in advanced talks to purchase San Francisco, California-based enterprise app studio Tomfoolery in a deal valued at $16 million, according to different sources.
In its fourth expansion via acquisition, Paris, France-based carpooling site BlaBlaCar added Podorozhniki for an undisclosed sum to tap into the market of Russia and Ukraine.
Uppsala, Sweden-based program development tool Hansoft pocketed $8.4 million in its first round of funding led by Stockholm-based venture capitalist Spotify Creandum to support its sales and expansion programs.
Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.
Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.
After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.
In a funny coincidence, four engineers from Google's Site Reliability Engineering (SRE) team were on Reddit's Ask Me Anything (AMA) thread right before Gmail and other Google services experienced a worldwide outage.
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