Tags: VentureBeat

Texas storage marketplace SpareFoot raises $10M in funding

Texas, US-based storage marketplace SpareFoot raised $10 million in a new funding round from Insight Venture Partners for the company's growth, product development, and expansion efforts in the storage industry.


Russia spends US$50 billion for Sochi Olympics

Russia displayed an impressive technological show during the closing event of the XXII Olympic Winter Games in Sochi using the theme Reflections of Russia, which ended with a giant bear putting out the Olympic flame.

California-based Cloud Foundry to boost popularity by launching open source foundation

San Mateo, US-based open platform as a service Cloud Foundry is about to become more popular by launching the Cloud Foundry Foundation, which will help servers deploy software apps of developers under an open-source Apache license.

Huawei unveils five new devices in Barcelona tradeshow

Chinese gadget maker Huawei unveiled five new devices during the Mobile World Congress tradeshow held in Barcelona, including two tablets, one smartphone, one smartband, and a fast mobile Wi-Fi device.


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Seattle, US-based e-commerce and digital media giant Amazon will rename its London-based streaming video service LoveFilm as Prime Instant Video in Germany and the UK starting February 26.
Google Ventures general partner Rich Miner will join the board of directors of San Francisco, US-based mobile app performance management (mAPM) firm Crittercism to replace Wesley Chan, who left Google Ventures to establish his own company.
San Francisco, California-based crowdfunding firm Crowdtilt launched an open source crowdfunding solution called Crowdtilt n that supports Bitcoin and allows anyone to start a campaign on their own websites.
San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.
US-based search giant Google announced that it is developing an experimental smartphone 3D mapping platform called Project Tango which is led by the advanced hardware group of Motorola.
Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.
New York, US-based event ticket aggregator TiqIQ bagged $1.7 million in a funding round led by Stonehenge Growth Capital to develop its product that predicts best ticket prices and availability for sports events.
California, US-based payments firm PayPal said it will open its new mobile software development kit (SDK) to all mobile developers across 30 countries starting February 24 to make way for a more convenient PayPal checkout in mobile apps.
After 12 years in the industry, New York, US-based local group network Meetup closed an undisclosed amount in its second funding round from three major investors to allow some of its employees to exercise their expiring stock options.
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