In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
United States
US-based domain registrar GoDaddy prepares to go public
Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.
San Francisco startup studio Expa raises $50M in funding
San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.
ECP acquires 33pct interest in Algeria-based Pepsi bottler
Washington, US-based private equity firm Emerging Capital Partners (ECP) is acquiring a 33% interest in Algeria-based PepsiCo Inc bottler Atlas Bottling Corp for an undisclosed amount as part of an expansion plan.
Salesforce adds General Colin Powell to Board of Directors
The Board of Directors of Salesforce.com now has its 11th member in the person of General Colin Powell, a highly-accomplished four-star general in the US Army, TechCrunch reported.
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Coull, a Bristol-based online video ad tech firm, has received $4 million from Paul Fraser and other existing angel investors for its latest funding round, TechCrunch reported.
Xapo has obtained a $20 million funding from Benchmark Capital, Fortress Investment Group Llc and other investors to keep Bitcoins safe and secure, TechCrunch reported.
San Francisco, US-based real-time economic data tracking platform Premise nabbed $11 million in a Series B funding round led by Social+Capital Partnership to continue tracking prices of food staples in Asia, Latin America, US, and Europe.
Shadow Networks, the company that focuses on "Advanced Threat Deception," has raised $10 million from Paladin Capital Group, Yaletown Venture Partners and tow other investors, TechCrunch reported.
Boston, Massachusetts-based cable television firm Layer3 TV raised $21 million in a Series A funding round led by North Bridge Venture Partners and Evolution Media Growth Partner.
In an effort to iron out the differences they have with the crowdfunding community, payments platform PayPal has implemented changes on their crowdfunding policies, VentureBeat reported.
Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.
Venture capital investors are competing with each other to support promising startups, particularly those outside the US, as young companies now have more access to capital, VentureBeat reported.
San Francisco, US-based educational analytics startup BrightBytes pocketed $15 million in a Series B funding round led by Bessemer Venture Partners to help schools identify learning gaps in their systems.
