RideScout, a transportation aggregating app that was previously available in Austin and Washington only, launched its service in San Francisco to help more people find the best route to get to their destination in real-time.
Software & IT services
California-based API debugging tool provider Runscope nabs $6M in Series A round
San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.
Silicon Valleys startup Tachyus lands $6M in funding to optimize oil and gas production
Silicon Valley, US-based tech firm Tachyus landed $6 million in a venture round led by Founders Fund to expand its workforce and use data to optimize oil and gas production.
Chinese messaging app WeChat releases image recognition to third-party users
Guangzhou, China-based mobile messaging app WeChat released its image recognition SDK (Software Development Kit) this week to allow third-party users to add the technology to their accounts.
US business intelligence firm Decisyon lands $22M in Series B round
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
Latest News
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.
New round funds were given to AppDirect valued at USD35 million, reported TechCrunch. AppDirect has announced taking in USD35 million in fresh rounds of funds, reported TechCrunch.
San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.
Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.
Massachusetts, US-based software professional training tool provider PluralSight purchased Oklahoma City-based creative software training services Digital-Tutors in a deal valued at $45 million to increase its educational content.
Quora has announced taking a bigger step into expanding its business similar offering services similar to that of Wikipedia's, reported Venture Beat.
According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.
