Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.
Software & IT services
Venture capitalist Marc Andreessen says tech is far from bubble territory
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
Open source e-commerce platform Sellvana nabs $5M in seed round
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
Mt. Gox creator Jed McCaleb dabbling in mysterious Bitcoin project : report
After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
Lithium Technologies nears takeover of social media analytics startup Klout in $100M deal
Lithium Technologies, an enterprise software company based in San Francisco, is reportedly near a deal to acquire social media analytics startup Klout. Lithium will buyout Klout in a deal worth $100 million in cash and stocks.
Latest News
California, US-based mobile messaging app Snapchat was victimized again by a hacking attack that affected several accounts and sent spam photos of a fruit smoothie.
Microsoft is taking various steps that highlight it is seriously trying to get into the Internet of things, according to a VentureBeat report that took clues from a ZDNet report and other moves taken by the company.
Mountain View, US-based software vendor Synopsis Inc completed the purchase of Heverlee, Belgium-based design and programming software tool developer Target Compiler Technologies for an undisclosed sum.
PayPal President David Marcus berated employees in its headquarters in San Jose, California for not patronizing their own products, telling them to quit if they insist on doing so, VentureBeat reported.
Colorado, US-based big data firm Datalogix is acquiring Connecticut-based shopper intelligence company Spire Marketing for an undisclosed amount to expand its footprint into shopper marketing.
San Francisco, US-based point-of-sale system provider Revel Systems integrated Bitcoin transactions into its payment platform to grant its customers access to the latest payment methods.
Corporate Executive Board or CEB has made its third acquisition in the talent management space by purchasing India-based talent analytics company Talent Neuron for anywhere from $10 million to $15 million, TechCrunch reported.
Russian tech investor Yuri Milner, together with Morgan Stanley chief John Mack, invested an undisclosed amount in Los Angeles, US-based cloud graphics firm Otoy to commercialize its suite cloud-based content creation tools.
Shazam, a London-based music and television tagging service, is rumored to be raising a $20 million funding round, a VentureBeat report said citing a Re/code report.
