California-based private messaging app Wickr had redesigned and is in the middle of a USD7.4 million fundraising, according to a document filed with the Securities and Exchange Commission (SEC) today.
Venture Round
E-commerce company Yebhi.com to raise up to USD50 million in venture funding
Indian e-commerce company Yebhi.com is looking to raise USD30 million to USD50 million from venture capital firms. If successful, Yebhi.com will follow leading online retailer Flipkart, which raised USD360 million.
Fantasy sports DraftKings closes USD24 million round
Boston-based daily fantasy sports online game DraftKings closed USD24 million in a recent funding round led by Redpoint Ventures for its marketing, acquisition, and expansion activities.
VC sentiment in Silicon Valley hit the highest level since the 2008 recession - report
Valuation results in 3Q13 showed a noticeable increase over 2Q13, including the greatest difference between up and down rounds in over six years. The software industry was especially strong, not only valuation-wise, but also in the number of deals.
Occasio launches new USD100 million fund targeting luxury resort residences
Occasio Growth Fund I will welcome investments from institutional and accredited investors in order to raise USD100 million to capitalize on the booming USD24 billion industry in villa rental, private equity firm Occasio Funds said in a statement today.
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Kingsoft Office Software, a China-based software company, which was recently incorporated in the U.S, has secured USD 50 million in new funding from Morningside Group, GGV Capital, and Shunwei China Internet Fund.
The Japanese government is set to launch the Cool Japan Fund which aims to use USD1 billion of public funds to boost the exports of certain foods, drinks, fashion, animated movies, and other products.
Veenome Inc, an Arlington, VA-based platform that translates video into data, has announced that it had secured USD 1 million in funding. The funding will be used to expand their team, which has been lean so far and at the same time, will be used to expand its business.
The New York governor announced that the state is investing USD225 million in clean tech startups Soraa and Silevo to build two research and development facilities in Buffalo.
Colorado-based building and battery startups Prescient, Boulder Ionics, and RoundPegg announced that they received funding from investors this week, which will be used for expansion and development.
Basic-Fit, a Netherlands-based discount fitness operator receives a venture round funding worth about EUR 110 million from the 3i Group PLC. Now with an enterprise value of EUR 275 million, this round would help Basic-Fit further into their domestic and international rollout plans.
Alpine Data Labs, creator of open source software framework named Hadoop, received USD16 million in new funding from investors including Sierra Ventures and Mission Ventures.
US-based pharmaceutical company Moderna Therapeutics announced its completion of a new funding round worth USD110 million for the development of its messenger ribonucleic (RNA) Therapeutics.
Mobile ad retargeting startup TapCommerce's USD 10 million funding was raised via an investing round led by Bain Capital Ventures and RRE Ventures, with a strategic investment from Nielsen Ventures and participation from existing backers.
