Palo Alto, California-based single-page promotional website design platform raised $1.7 million in a seed funding round ledyby Founder's Co-op to expand its market reach, improve its products, and enable mobile content creation.
Tags: US
Bitcoin shows staying power as online merchants chase digital sparkle
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
ASOS shares jump on report of U.S. bid interest
Shares in British online fashion retailer ASOS (ASOS.L), which have fallen sharply in recent months after profit warnings and a warehouse fire, jumped on Wednesday on an unconfirmed report of a U.S. bid for a stake in the business.
OtterBox maker explores $2.5 billion-plus sale: sources
tter Products LLC, the privately held company that makes the OtterBox protective cases for mobile phones, is exploring a sale that could value the company at more than $2.5 billion, including debt, according to people familiar with the matter.
Chinese antitrust regulator targets Microsoft's web browser, media player
Microsoft Corp's (MSFT.O) internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.
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San Francisco, California-based website testing and optimization platform Optimizely raised $57 million in a Series B funding round led by Andreessen Horowitz to hire as many as 250 additional staff within this year.
Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.
San Jose, US-based payments giant PayPal fired Rakesh "Rocky" Agrawal as its vice president (VP) of strategy this weekend after releasing some insulting words about his colleagues on the social network Twitter.
San Francisco, US-based peer-to-peer lending marketplace pioneer Prosper raised $70 million in a funding round led by private equity firm Francisco Partners to build its business and fuel its growth.
Perth, Australia-based publicly listed firm Liquefied Natural Gas (LNG) Ltd secured $49.5 million in a placement of 90 million shares to its Australian and new US investors at $0.55 apiece for development of its Magnolia LNG facility.
Reston, Virginia-based social lending marketplace StreetShares bagged $1.2 million in its seed funding round with Accion Venture Lab as the lead investor to back veteran-owned and main street businesses after it launches this month.
San Francisco, California-based nutrition and fitness startup MyFitnessPal is set to launch localized apps with additional languages to build its audience in Asia, particularly in China, Japan, and South Korea.
Dublin, Ireland-based medical startup Mainstay Medical raised €18M as it completed a listing in the Iris Stock Exchange (ISE) to fund the clinical trials for its product in the US and Europe next year.
New York, US-based taxi service Yellow Cab bought its younger rival Rochester Taxi Co, which is owned by Roba Bati, for an undisclosed amount in a deal that will bring the latter under the Best Ride brand later on.
