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.
Tags: US
US-based Internet TV firm YuppTV pockets $2.5M from Sashi Reddi
Atlanta, US-based Internet-based TV service provider YuppTV Inc pocketed $2.5 million in its first funding round from Indian early stage investor Sashi Reddi to scale up and expand its client base.
eBay embraces virtual currency trading
US-based online auction giant eBay has not embraced the trading of virtual currencies such as bitcoin and dogecoin in its sales site along with an update to its Currency Policy.
New York's Xcel Brands adds jewelry retailer Judith Ripka in $22.5M deal
New York, US-based luxury jewelry seller Xcel Brands Inc added jewelry retailer Judith Ripka in a deal valued at $22.5 million in combined cash, interest-free promissory notes and common stock.
Illinois firm Professional Service Industries adds Midwest Engineering
Illinois, US-based testing and consulting firm Professional Service Industries Inc added Midwest Engineering Services Inc for an undisclosed amount to become the biggest testing firm in Wisconsin.
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Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.
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.
Nashville, US-based Windy Hill Spirits Inc, the maker of American Born Moonshine, pocketed $6.1 million in new equity from undisclosed investors to continue producing high quality moonshine for its customers.
Lexington, US-based healthcare IT service provider Imprivata filed for an initial public offering (IPO) to raise $115 million on the New York Stock Exchange (NYSE).
Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.
Palo Alto, US-based stealthy startup Citizen.VC raised $4 million in funding out of a reported $12-million round, based on a document filed with the US Securities and Exchange Commission.
Tesla Motors Inc's General Manager Kingston Chang resigned prior the car maker's expansion in China, reported Bloomberg.
Santa Monica, US-based 3D print online marketplace SyncFab launched a $25,000 crowdfunding campaign on Kickstarter to streamline specialty manufacturing in the US using the 3D printing technology.
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.
