Brooklyn-based firm Brooklyn Bridge Ventures, a new seed investment fund founded by former First Round Capital principal Charlie O'Donnell, secured $8.3 million in funding from several investors.
United States
Drizly pockets $2.25M in seed funding to deliver booze to homes in Boston
Boston, US-based alcohol delivery mobile app Drizly pocketed $2.25 million in a seed funding round led by Atlas Ventures to expand its liquor delivery services beyond New York City.
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.
Boston software maker Mendix nabs $25M in funding
Boston, US-based enterprise software maker Mendix nabbed $25 million in venture capital funding led by Battery Ventures to fuel its mission to build a big business in the software industry.
California' ServiceSource acquires Scout Analytics in $32M deal
San Francisco, California-based recurring revenue management software provider ServiceSource acquired Seattle-based predictive analytics firm Scout Analytics in a deal valued at $32 million in cash.
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San Francisco, US-based in-feed native ad exchange ShareThrough raised another $17 million in combined debt and equity financing in a round led by Floodgate and North Bridge Venture.
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.
Former NBA star, philanthropist and venture capitalist David Robinson told Forbes Contributor Dan Schawbel that he formed Admiral Capital Group to be able to impact the community.
Peter Thiel, the early investor of Facebook, aims to raise $750 million for its fifth fund, according to a presentation from his venture firm Founders Fund obtained by Bloomberg News.
Mercom Capital Group, llc released its report on funding and mergers and acquisitions (M&A) activity for the smart grid sector for 2013.
Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.
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.
Pimco's Chief Executive and Co-Chief Investment Officer and long viewed as heir to Co-Founder Bill Gross, Mohamed El-Erian will be leaving the world's largest bond fund manager in mid-March, Reuters reported.
