Sutter Hill Ventures invested USD 3 million in the seed funding round of Boxer. Mobile inbox developer Boxer received a seed round investment of USD 3 million from Sutter Hill Ventures.
Software & IT services
Google purchases startup popular for its Android performance for USD23 million
Google Inc confirmed reports of it acquiring French startup FlexyCore, the maker of Android performance booster technology DroidBooster.
SAP's small business software product business to close shop - magazine
Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.
Yahoo reduces planned share sale of Alibaba stake in IPO
Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.
3D printer Voxeljet shares jump after German bourse debut
Voxeljet, whose technology was used to design Aston Martin cars for the James Bond film "Skyfall", traded as high as USD29.06 from its initial USD13 per share price after its debut on the German stock exchange.
Latest News
RealityCap, an iOS app software company, had published a fix for iPhone 5S owners whose sensor provide inaccurate information.
Berlin-based Labfolder's product was aimed to help scientists plan and document experiments. CORRECTION: Changed facts in title and in article body.
Iron Mountain had purchased Cornerstone Records Management in an all-cash transaction priced at USD191 million.
Microsoft made seemingly minor but convenient changes to Windows 8.1. Microsoft has finally released Windows 8. 1, the upgrade to its original Windows 8 operating system.
The third quarter report of Dow Jones Venture Source showed a rise in venture capital activity in the technology sector.
The Windows 8.1 update would seek to address issues that had been found in the original Windows 8 operating system.
Breathometer Inc scored close to USD 2 million in its seed funding round, and would use the funding to produce and market its Breathometer device.
A total of USD40 million in capital investments was raised in cloud software startup Accela's fourth investment funding round.
According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
