Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.
Tags: US
Berkeley startup MobileWorks raises $2.1M to revolutionize outsourcing
Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.
Mississippi's Cal-Maine Foods agrees to acquire remaining Delta Egg Farm interests for $17M
Jackson, Mississippi-based fresh eggs producer and distributor Cal-Maine Foods agreed to acquire the remaining 50% of the remaining interests in Utah-based Delta Egg Farms from Iowa-based Sunbest Foods for a total of $17 million.
Transcriptic bags $4.1M in total funding to automate scientific research in the US
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
Health & lifestyle investors forming $150M Builders Fund in San Francisco
Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
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San Francisco, US-based delivery firm Postmates nabbed $16 million in Series B funding to help improve its mobile app and one-hour package delivery service within the area.
Menlo Park, US-based venture capital firm Mayfield Fund closed $108 million for its second fund which will focus on tech, consumer, and infrastructure startups in India.
Tokyo, Japan-based electronics giant Sony surpassed its sales target for the PlayStation 4 by selling 5.3 million units worldwide just three months after the latest game console went on sale.
Los Angeles, California-based glass supplier CR Laurence Co purchased an industrial infrastructure in Secaucus for its expansion in a deal valued at $18 million, according to data firm CoStar.
Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.
Palo Alto, US-based Bluetooth controller ring maker Fin hit its $100,000 funding target on crowdfunding platform Indiegogo, and now wants to stretch its goal to $150,000 to give visually impaired people a discounted price for the product.
Chinese car manufacturer Beijing Automobile Group signed a deal to purchase 25.02% of the shares of Mountain View, US-based new energy firm Atieva for an undisclosed amount, and is later expected to launch a high-end electric vehicle.
In 2010, China has blocked American cloud storage service Dropbox for an unconfirmed reason, but last week, the Asian country has once again opened its access to Dropbox, according to Tech In Asia.
Boston, US-based startup Dunwello snagged $1.4 million in funding from investors including NextView Ventures, Vegas Tech Fund, and G20 Ventures, to develop an online tool that will improve the process of employee evaluation.
