United States

PayNearMe secures $20M to allow cash lovers to make online transactions

PayNearMe, a company based in Sunnyvale, California that allows cash lovers to pay for their online transactions in cash, has raised $20 million for its fifth financing round, VentureBeat reported.


Former Citigroup CTO raises $1M for hardware startup Avegant on Kickstarter

Yobie Bejamin, the former Chief Technology Officer (CTO) of Citigroup, raised $1 million on via crowdfunding platform Kickstarter for hardware startup Avegant's new kind of headset called Glyph.

Removal of Bitcoin app Blockchain from App Store causes fans to ditch iPhones

iPhone fans aren't too happy that Apple has decided to remove a Bitcoin application called Blockchain from the app store, with some taking extreme action to show their displeasure to Apple, Bloomberg reported.

Apple pulls last Bitcoin mobile wallet from App Store

Tech giant Apple has cleared the App Store of all Bitcoin mobile wallet apps by pulling Blockchain from the store on Wednesday without a clear explanation for the move, but retained other non-wallet Bitcoin apps in the said store.


Latest News

New York, US-based startup Docurated nabbed $3.75 million in its first major funding round led by Rogers Venture Partners to help companies index and search for their files on local servers and cloud storage services.
Apple seems to be gearing up to go into sapphire crystal display manufacturing as documents reveal that the company is buying furnaces and chambers as well as tools for the purpose, TechCrunch reported citing a report from 9to5Mac and information from its own source.
American software company PressFriendly built a platform that works like a virtual PR team for startups and orient them on what they should do before sending a sales pitch to potential customers.
Allovue, an education technology firm based in Baltimore, Maryland, received $800,000 for its seed funding round from Maryland Technology Development Corporation, Baltimore Angels and Shulman Ventures.
San Francisco, US-based online real-time restaurant reservation platform OpenTable acquired Palo Alto, California-based personalized recommendations app maker Ness Computing in a deal valued at $17.3 million.
Y Combinator, SV Angel, Max Levchin and other investors provided seed funds amounting to $2 million to San Francisco, California-based "pre-commerce" platform Celery to help grow the team and develop its storefront features.
A fintech incubator has just been rolled out by pan-European accelerator Startupbootcamp in London. The FinTech bootcamp is backed by big names that include Lloyds, Rabobank and MasterCard, TechCrunch reported.
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.
Sussex, Wisconsin-based commercial printing firm Quad/Graphics Inc bought Boston-based family-owned printing business UniGraphic Inc for an undisclosed amount as part of its expansion strategy via acquisitions.
Jaguar Animal Health Inc, a company that focuses on making veterinary products, received $2 million from BioVeda China Fund, a private equity firm based in China.
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