Education startup Koru secured $4.35 million from Maveron and other investors to help transform the way recent college graduates prepare to work in the real world.
Venture Capital
Merger with Sysco endangers US Foods' Seabrook, NH expansion plans- report
The merger of US Foods with Sysco has spoiled the plans for a $62 million US Foods expansion project in Seabrook, New Hampshire, a report said.
Wall Street will be moving hundreds of millions into Bitcoin - SecondMarket chief
SecondMarket founder and chief executive Barry Silbert claimed in an article on Entrepreneur that Wall Street will soon invest their money in hundreds of millions into Bitcoin.
Las Vegas Sands to cancel Spanish mega-casino investment plans
US casino operator Las Vegas Sands said on Friday that it will drop its over $30 billion investment plans into Eurovegas, a mega-casino project to be established in Madrid.
Shift in UK grocery retail causes major retailers to downsize
A report by Reuters said the financial crisis had shifted consumer spending habits in the UK from making bulk purchases in superstores to frequent small purchases in nearby small shops, prompting major grocers to change focus of their capital investment to the new consumer trend to attract potential investors.
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Bloomberg Television said has forged a partnership with privately-held firm Encorp Group Sdn Bhd to establish the first business news channel in Malaysia next year.
Switzerland's biggest bank, UBS AG, will be entering the property market in Australia through a joint venture with local developer Grocon Pty, a Bloomberg report said.
UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare for college entrance tests.
San Mateo, California-based firm American Efficient launched today with a $2.5-million funding it received from Clean Pacific Ventures to help US residents switch to renewable energy products and suppliers.
Snapchat, the mobile photo-sharing service beloved by teenagers and twenty-somethings, has raised another $50 million, according to a Securities and Exchange Commission filing made Wednesday.
A group of financial tech startups are tapping into a niche market wherein 80 million people with low FICO credit scores could not obtain loans from banks and other financial institutions.
A Business Insider report said the few hundred people who owned the digital currency Bitcoin are the ultra-rich, as estimates indicate that each owns at least $1 million worth of Bitcoins.
A report said the price gap of Bitcoins sold on BTC China and the virtual currency on foreign exchanges had tempted some traders to take advantage by conducting arbitrage.
Cloud-based data management startup Rosslyn Analytics raised £2.1 million in a funding round joined by Amati Global Partners and IQ Capital. Rosslyn also eyes a listing on AIM early next year.
