PassportParking, a provider of cloud-based parking management solutions, raised $6 million for its Series A funding. The round was led by Grotech Ventures and Relevance Capital.
Software & IT services
San Francisco motivational startup Pact secures $1.55M to help people achieve health goals
San Francisco-based motivational startup Pact has raised $1.55 million in a recent funding round to develop its mobile apps that help users hit health goals through monetary stakes.
Irish e-commerce fraud prevention firm Trustev adds $500K from Notion Capital
Ireland-based e-commerce fraud prevention startup Trustev added a $500,000 investment from Notion Capital to its recently closed $3-million seed round to capitalize on the booming e-commerce.
Invincea scores $16M for Series C round
Cyber security solutions provider Invincea Inc said it was able to close its Series C round with $16 million. The equity round was led by new investors Aeris Capital and Dell Ventures.
Indian cloud-based presentation app Deck gets $600K backing from Hotmail co-founder, Qualcomm
Deck, a cloud-based presentation app based in Bangalore, India, announced that it has raised $600,000 in a seed funding round led by Hotmail co-founder Sabeer Bhatia.
Latest News
California, US-based software developing company Accelrys has acquired Ireland-based software business Qumas in a deal valued at $50 million to expand its products expansion and client base.
According to the South China Morning Post, the growing popularity of the Bitcoin has also led to a boom of sorts in bitcoin software for smartphones, the South China Morning Post reported.
Ford chairman Bill Ford, Jr. invested in San Francisco-based startup QuickPay through his venture firm Fontinalis Partners to help improve on-street and off-street parking experience.
The news about Google Inc's plan to use the technology of British chip designer ARM Holdings Plc for the former's server chips had seen the latter's shares rising to as much as 5.7%.
With Microsoft wanting to consider an internal employee for its new chief and its rumored shortlist dwindling with the promotion of Steve Mollenkopf as new Qualcomm chief, a TechCrunch report said the tech giant's new CEO might be Microsoft Cloud and Enterprise chief Satya Nadella by default.
California-based hybrid storage solutions provider Nimble Storage is expected to raise $184 million on its debut on the New York Stock Exchange tomorrow with shares priced between $18 to $20 apiece.
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
Education startup Koru secured $4.35 million from Maveron and other investors to help transform the way recent college graduates prepare to work in the real world.
A joint announcement today revealed that digital wallet platform Lemon will be merging with Identity theft protection service LifeLock in a $42.6 million transaction, which also resulted to a modified digital wallet service platform.
