Venture Round

Tencent invests in Chinese taxi app Didi

Tencent Holdings Ltd, the biggest Internet firm in Asia, invested an unconfirmed amount in China-based cab booking app Didi Taxi to promote its payment service to mobile web users.


New York's CAN Capital scores $33M in funding round

New York, US-based small and medium business (SMB) capital provider CAN Capital scored $33 million in a funding round co-led by Meritech Capital Partners and Accel Partners.

US blogging system Medium mulls raising $20M in venture capital -rumor

US-based online writing and reading system Medium by Evan Williams is considering raising $20 million from venture capitalists after basically thriving on angel investments, according to circulating rumors.

Closing Time closes $2.7M in funding to simplify home-buying process in the US

California, US-based home buying to-do service Closing Time raised $2.7 million in a funding round led by Accel Partners and former Yahoo executives, for the expansion of its service and workforce.


Latest News

California, US-based genomics startup DNAnexus raised $15 million to develop its cloud-based platform for storage and analysis of large amounts of DNA data, bringing its total funding to date to $31.6 million.
Norway-based private equity group HitecVision has announced a growth capital investment in well intervention services provider DeepWell AS in a deal that marks HitecVision's entry into the well intervention industry.
A report on new digital news site Re/Code quoted sources, who said the current massive fundraising of home gadget startup Nest could put its valuation to over $2 billion.
California, US-based business applications vendor Tidemark has raised more than $1 million in a new funding round, according to a filing submitted to the US regulators.
New Jersey, US-based private equity firm DFW Capital Partners has closed $162.5 million for its fourth fund called DFW Capital Partners IV, shooting past its $150 million target.
Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.
Marijuana-focused magazine High Times said it is working towards creating the High Times Growth Fund that will allow investors to invest in legitimate marijuana startups, CNBC reported.
Chinese e-commerce giant Alibaba reportedly poured in tens of millions of dollars in mobile security tool LBE Security Master for real-time monitoring of malware, spyware and adware in smartphones.
San Francisco, US-based secretive startup Pushd raised $1.04 million in a recent funding round from unidentified investors, according to a document filed with the US Securities and Exchange Commission.
As the hype about the Bitcoin dies, a PCWorld report asks if the well for venture funding for the digital currency has come to an end.
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