George Jarkesy Jr, a hedge fund manager, has filed a case in a Washington federal court to block a hearing by the US Securities and Exchange Commission which alleged that he defrauded hedge fund investors, Bloomberg reported.
United States
Massachusetts-based ZappRx secures $1M in seed round led by Atlas Venture
ZappRx, a mobile platform that automates the prescription management process, has nabbed an additional funding worth $1 million for its seed financing round led by Atlas Ventures.
San Diego-based Origo Ventures receives $1M CORFO grant
San Diego-based venture capital fund Origo Ventures secured a grant worth $1 million from the investment arm of the Chilean government called CORFO. Proceeds will be used to invest in promising startups in Chile.
Oracle's Ellison eases concerns about possible NSA access on firm's cloud computing clients
Chief Executive Officer Larry Ellison eased worries that the private information of Oracle's cloud computing clients could be accessed by the National Security Agency, Reuters reported.
Center for Health Program Management, funding partners awards $1.6M in grant funding to four counties for juvenile justice reform implementation
The Center for Health Program Management and its funding partners which include Sierra Health Foundation, The California Endowment and The California Wellness Foundation gave a grant of $1.6 million to four counties to support the Positive Youth Justice Initiative.
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The 3D Printing and Technology Fund, the first mutual fund focused on 3D printing and technology, is another manifestation that the industry has gone mainstream, VentureBeat reported.
Mountain View, California-based personal finance app Mint is integrating with San Francisco-based bitcoin wallet service Coinbase to help clients track their bitcoins along with their other financial accounts.
Boulder, US-based travel startup Inside.co today launched its Inside Travel Guides portal, which also has a mobile version, to help travelers feel like local citizens with day-by-day and place-by-place insider itinerary tips.
Several coding bootcamps in California are facing an imminent shutdown after receiving a warning from the Bureau for Private Postsecondary Education (BPPE) to start complying with licensing regulations within two weeks.
Cincinnati, US-based startup Sqrl bagged $550,000 in funding from CincyTech, Vine Street Ventures, and Hyde Park Ventures to launch a service for small and regional accounting firms that reminds their clients of the documents they need to provide for a job.
Washington, US-based tech firm Flat World, a company that aims to make more affordable digital versions of college textbooks, raised $9.5 million in a funding round led by Bessemer Venture Partners.
HowAboutWe.com, a digital lifestyle firm backed venture capital firms, said it had acquired Nerve.com and launched its independent lifestyle media network and advertising division HowAboutWe Media.
London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.
Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.
