In a long-awaited move, Facebook finally started running tests using third-party mobile apps as part of its plan to become a mobile ad network, as confirmed by Facebook engineer Sriram Krishnan on the company's developer blog.
Software & IT services
Singaporean online supermarket RedMart secures $5.4M in bridge round
Singapore-based online grocery store RedMart secured $5.4 million in a bridge round that will be used to construct its logistics infrastructure and technology in preparation for growth and expansion.
US startup Change Collective raises $1.4M seed funding for self-improvement app
Boston, US-based startup Change Collective raised $1.4 million in seed funding from local investors to develop a self-improvement mobile website and native app and to expand its workforce.
Startup Zepp Labs Inc secures $15M in Series B funding to help sports enthusiasts step up their game
Zepp Labs Inc, a startup based in Los Gatos, California, closed its Series B round with $15 million to develop wearable technology to enable sports enthusiasts to step up their game.
Cambridge-based firm Kensho closes $10M seed round for AI research assistant
Cambridge, England-based company Kensho closed a $10-million seed funding round for a cloud-based intelligent market research assistant called Warren that can answer complex financial queries in natural language.
Latest News
Using Bitcoin as a form of reward to programmers working in open-source software projects is rapidly gaining popularity, a report in The Wall Street Journal Blog Venture Capital Dispatch said.
Chartio, a provider of cloud business intelligence for developers and businesses, has received $2.2 million in additional financing from Avalon Ventures which led the Series A round for the company in 2011.
San Francisco, US-based insurance broker Zenefits raised $15 million in funding to improve the development, sales, and marketing of its product that makes administrative tasks easier.
San Francisco, California-based open-source app deployment project Docker bagged $15 million in a new funding round from Greylock Partners and Insight Venture Partners to help developers build applications faster.
Kansas City, Missouri-based troubled data storage firm IceWEB Inc plans to sell equity securities to raise capital increase sales of its products and services in order to continue its operations.
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Learning Technologies (HLT).
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.
